bitcoin

  1. Hanno Labuschagne

    Bitcoin showing signs of recovery

    Bitcoin showing signs of recovery Bitcoin rose the most in two weeks, trading above $30,000 as investors and strategists said the digital currency is showing signs of bottoming out. The largest cryptocurrency was up 5.2% to $30,687 at 2:21 p.m. in New York, its biggest increase since May 15...
  2. Jan

    Crypto-market panic subsides with prices, Tether stabilising

    Crypto calms to a panic On Wednesday, the implosion of the TerraUSD stablecoin kindled wide-spread panic in the crypto space. But 24 hours later, things have calmed down significantly. Terraform Labs halted, restarted and then halted again its Terra blockchain in the wake of the collapse of...
  3. Jan

    More than $200 billion wiped off cryptocurrency market in a day

    Crypto carnage A massive sell-off in cryptocurrencies wiped over $200 billion of wealth from the market in just 24 hours, according to estimates from price-tracking website CoinMarketCap. The broad plunge in the crypto complex, driven by the collapse of the TerraUSD stablecoin, hit major...
  4. Jan

    Central African Republic follows El Salvador - adopts Bitcoin as legal tender

    Central African Republic approves Bitcoin as legal tender The Central African Republic (CAR) has become the second country to approve Bitcoin as a legal tender, BBC News reported. A statement released by the CAR presidency said members of the law-making body voted unanimously to adopt a bill...
  5. Jan

    UFC will pay fighters new bonus in bitcoin

    UFC fighters will get bonuses in bitcoin The Ultimate Fighting Championship will begin paying a new bonus to its competitors in cryptocurrency, as crypto platforms get more involved in the world’s major sports leagues. Bitcoin payouts will be awarded to the top three fighters on every UFC...
  6. Hanno Labuschagne

    Greenpeace wants Bitcoin code to change to be less power hungry

    Greenpeace wants Bitcoin code to change to be less power hungry Bitcoin is about to face a fresh onslaught over its damaging environmental footprint. Several climate activist groups including Greenpeace and crypto billionaire Chris Larsen are launching a “Change the Code, Not the Climate”...
  7. Jan

    Bitcoin helped Ukrainian flee to Poland with life savings on USB drive

    Ukrainian flees with Bitcoin life savings on a USB A 20-year-old Ukrainian refugee has explained how cryptocurrency helped him flee his country and pay his living expenses as a refugee in neighbouring Poland. CNBC reports that the refugee, who goes by the pseudonym “Fadey”, could get out of...
  8. Hanno Labuschagne

    Bitcoin on a stealthy climb

    Bitcoin on a stealthy climb A stealth rally in cryptocurrencies is currently underway. Investors can’t be faulted for having missed an 8% breakout in Bitcoin over the past week -- a string of listless daily moves by the digital coin camouflaged a big upward swing that’s happened just as U.S...
  9. Jan

    Ether outperforms Bitcoin as excitement builds for software upgrade

    Ether outperforms Bitcoin Ether is outperforming its better-known-rival Bitcoin once again as optimism over a long-sought update that promises to reduce the carbon footprint of the world’s most-used blockchain appears to be getting closer to fruition. Ether, the native cryptocurrency of the...
  10. Hanno Labuschagne

    Bitcoin jumps past $40,000 again

    Bitcoin jumps past $40,000 again A sudden spike in Bitcoin on Wednesday brought the largest cryptocurrency out of the narrow range where it’s spent most of the past week. Bitcoin jumped as much as 5.7% to $41,691 before giving up some gains and trading at $40,915 at 10:43 a.m. in Hong Kong...
  11. Jan

    Luno reduces target interest rates on bitcoin and ether savings accounts

    Luno cuts Bitcoin interest rates Luno has informed clients that it will reduce its target interest rate for savings account customers to 1.5% per year on bitcoin and 2% on ether. Its target interest rate on the USDC stablecoin remains 7.6% per annum.
  12. Jan

    Bitcoin drops below $40,000 as Biden-inspired optimism fades

    Bitcoin gains erased Bitcoin dropped back below $40,000, erasing almost all the gains sparked by optimism about U.S. President Joe Biden’s executive order to put more focus on the crypto sector. The largest cryptocurrency declined as much as 7.2% to $38,894 on Thursday, falling for the first...
  13. Jan

    Bitcoin tops $41,500 amid expectations of Biden executive order

    Bitcoin rallies — Biden executive order expected Bitcoin, the world’s largest cryptocurrency, rose back above $41,500 amid a sharp rally in digital tokens on Wednesday as the industry awaits further detail on a U.S. executive order. The coin advanced as much as 8.8% to $41,874 and was near...
  14. Jan

    Bitcoin falls back toward $40,000 on report of nuclear plant hit

    Bitcoin falls on reports that Russia shelled Ukrainian nuclear plant Bitcoin fell on Friday as reports of a Russian attack on a nuclear plant in Ukraine drove risk aversion in financial markets. The largest cryptocurrency dropped as much as 2.4% to $41,093. The second-largest, Ether, fell as...
  15. Jan

    Bitcoin keeps pulling away from stocks roiled by Ukraine war - gold too

    Bitcoin outperforming gold and stocks Cryptocurrencies continued to pull away from stocks as the intensifying war in Ukraine prompts investors to look for safe havens. Bitcoin advanced as much as 2% in early trading in Hong Kong before giving up some gains. It has jumped 17% over the past...
  16. Jan

    Buying a coffee with crypto in South Africa

    Using crypto to buy a cup of coffee in South Africa MyBroadband could buy products like a cup of coffee and smartphone equipment using cryptocurrencies and without touching the South African banking system. Cryptocurrencies had a tremendous run over the past two years, with prices breaching R1...
  17. Jan

    Bitcoin bucks S&P correlation trend with uptick as Ukraine crisis escalates

    Bitcoin surges as volumes spike in Russia and Ukraine Bitcoin jumped as much as 10%, rebounding from a weekend selloff, amid speculation cryptocurrencies will gain favour in the wake of sanctions against Russia. “I definitely think that’s a possibility,” said Stéphane Ouellette, chief...
  18. Hanno Labuschagne

    Putin's Ukraine invasion sends Bitcoin into big drop

    Putin's Ukraine invasion sends Bitcoin into big drop Cryptocurrencies dropped as Vladimir Putin decided to conduct military operations in eastern Ukraine, with Bitcoin slumping to a one-month low. The largest token fell as much as 7.4% to $34,783 after an initial Tass report on Russia’s...
  19. Jan

    Luno and Revix on what to expect from the cryptocurrency sector in South Africa in 2022

    What to expect from cryptocurrency in 2022— including new regulations in South Africa The cryptocurrency market had a turbulent year in 2021 and financial markets, in general, had a rough start in 2022, but exchange and wallet provider Luno believes the crypto market will keep its upward...
  20. Jan

    Bitcoin tests the $40,000 level as US plans talks with Russia

    Bitcoin plummets with stocks on Ukraine uncertainty Bitcoin is testing $40,000, a key psychological level, as the U.S. plan talks with Russia about military intelligence that suggests an imminent Ukraine invasion, which it denies. The world’s largest cryptocurrency is on track to notch its...
Top
Sign up to the MyBroadband newsletter
X