bitcoin

  1. Hanno Labuschagne

    Uber CEO says it will accept Bitcoin for payment

    Uber CEO says it will accept Bitcoin for payment Uber Technologies Inc. will one day join the likes of Microsoft Corp. by accepting Bitcoin as a payment option on its app. Dara Khosrowshahi, the chief executive officer, said Uber will accept cryptocurrencies “at some point” in the future...
  2. Hanno Labuschagne

    Bitcoin on a big rally

    Bitcoin on a big rally Bitcoin rose for a fifth consecutive day, the longest winning streak since September, as investors begin to re-embrace risk assets across global markets. The largest cryptocurrency by market value gained as much as 6.8% to $44,511. XRP jumped as much as 18% to around 80...
  3. Jan

    Bitcoin touches $43,000

    Bitcoin rocking the charts Bitcoin rose above its 50-day moving average on Monday for the first time in more than two months. The largest cryptocurrency rose as much as 3% to $42,956, compared with the 50-day technical mark which was around $42,810. It built on Friday’s rise — the biggest...
  4. Hanno Labuschagne

    Bitcoin-paying SA solar company plans big expansion

    Bitcoin-paying SA solar company plans big expansion Sun Exchange, a South African firm that crowd-sources funds for solar panels and leases them to customers, plans to expand to other countries on the continent. The company, backed by a group part-owned by billionaire Patrice Motsepe’s African...
  5. Jan

    Bitcoin drops to six-month low

    Bitcoin drops to six-month low The selloff in cryptocurrencies gained momentum on Monday, with Bitcoin tumbling to a six-month low and other digital tokens seeing even bigger losses.
  6. Hanno Labuschagne

    Bitcoin stabilises after big cryptocurrency crash

    Bitcoin stabilises after big cryptocurrency crash The selling pressure in the global crypto market eased Monday after massive declines across digital tokens last week. Bitcoin, the largest cryptocurrency by market value, traded at about $35,350 as of 12:05 p.m. in Singapore. It touched a low...
  7. Jan

    Crypto selloff pushes Bitcoin to a five-month low of $39,000

    Crypto Selloff Pushes Bitcoin to a Five-Month Low of $39,000 Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months. The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were...
  8. Hanno Labuschagne

    Bitcoin plummets below $40,000

    Bitcoin plummets below $40,000 Cryptocurrencies sank Friday, taking Bitcoin to the lowest level in more than five months as risk aversion again swept across global markets. The largest cryptocurrency dropped as much as 7.4% to $38,261, while second-ranked Ether slid below $3,000. Digital...
  9. Hanno Labuschagne

    Payments company Block working on Bitcoin mining system

    Payments company Block working on Bitcoin mining system Block Inc., the payments company formerly known as Square, is building a Bitcoin mining system and hiring a team for the effort, an executive said Thursday. “We want to make mining more distributed and efficient in every way, from buying...
  10. Hanno Labuschagne

    Bitcoin back on the up as US inflation bites

    Bitcoin back on the up as US inflation bites Bitcoin climbed above $44,000 for the first time in a week as the most U.S. inflation in four decades revives the debate about whether the cryptocurrency is a hedge against rising consumer prices. The largest digital asset by market value rose as...
  11. Hanno Labuschagne

    Bitcoin bulls staring down "death cross"

    Bitcoin bulls staring down "death cross" After one of the roughest patches ever for Bitcoin enthusiasts, holders of the largest digital currency are facing an ominous technical price pattern with a name that suggests more pain ahead. Known as a death cross, the measure shows up whenever an...
  12. Hanno Labuschagne

    Bitcoin is off to a very bad start in 2022

    Bitcoin is off to a very bad start in 2022 Bitcoin dipped below $40,000 for the first time since September, putting it on pace for its worst start to a year since the earliest days of the digital alternative to money. The original cryptocurrency bounced off the lows of the day after falling as...
  13. Hanno Labuschagne

    Bitcoin drops under December lows

    Bitcoin drops under December lows Bitcoin slumped to the lowest level since its December flash crash as growing expectations of rising borrowing rates weighs on some of the best-performing assets over the past few years. The largest cryptocurrency by market value dropped to as low as $42,505...
  14. Jan

    Bitcoin’s rough ride in 2021

    Bitcoin’s turbulent 2021 The past year has been turbulent for the world's most valuable cryptocurrency — Bitcoin. Currently valued at approximately R762,000 ($47,700), the cryptocurrency experienced record highs and steep declines throughout the year.
  15. Hanno Labuschagne

    Bitcoin had worst December since 2013

    Bitcoin had worst December since 2013 Bitcoin ended a banner year with a rocky finish. The largest cryptocurrency by market value closed out December with a 19% drop, its largest monthly loss since May. That was also its worst December since 2013. And its 60% advance in 2021 marked its...
  16. Jan

    Bitcoin climbs above $50,000 for first time in almost two weeks

    Bitcoin reclaims R800,000 Bitcoin climbed above $50,000 (R800,000) for the first time in almost two weeks as positive investor sentiment spread through financial markets ahead of the holidays. The digital alternative to cash jumped as much as 3.5% to $50,781 in New York trading before slightly...
  17. Hanno Labuschagne

    Bitcoin declines after positive momentum

    Bitcoin declines after positive momentum Bitcoin declined for the first time in five trading sessions, with losses accelerating after it failed to sustain the positive momentum seen following this past weekend’s flash crash. The largest digital token slipped below the $50,000 level, with...
  18. Hanno Labuschagne

    Bitcoin climbs back over $50,000 following flash crash

    Bitcoin climbs back over $50,000 following flash crash Bitcoin climbed back above $50,000 as traders comb through the wreckage of this weekend’s flash crash. Bitcoin has bounced back above its 200-day moving average after slumping as much as 22% on Saturday. Technical analysts say the next...
  19. Jan

    Bitcoin plunges over 20% in another sign of global market nerves

    Bitcoin flash crash Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets. The largest digital token fell as low as $42,296 before paring some of the tumble. It was trading at about $47,600 as of 1:50 p.m. in...
  20. Jan

    Bitcoin falls almost 20% since record as crypto bulls retreat

    Bitcoin sags Bitcoin has lost almost 20% in less than two weeks, proving that extreme volatility remains a hallmark of crypto investing.
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