Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency. Despite the turbulence, celebrities and others who bought in early are still up big – but small investors who … Read more

Buyers beware as "altcoin" frenzy bruises bitcoin

By Tom Wilson LONDON, May 18 (Reuters) – Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market.Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered. Among the major “altcoins” – as all cryptocurrencies aside … Read more

EU should adopt common cryptocurrency rules, report for ministers says

By Francesco Guarascio and Peter Maushagen BRUSSELS, Sept 4 (Reuters) – The European Union should adopt common rules on cryptocurrencies and scrutinise how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. In the report, the Brussels-based think tank Bruegel argues for EU-level regulation of … Read more

Bitcoin, Ethereum prices in free fall as China plans crackdown on mining and trading

id=”article-body” class=”row” section=”article-body”> Bitcoin has seen much better days.  Getty Images , , and every available had a terrible week. Prices began falling Wednesday following the news of China reaffirming its ban on the crypto services for its financial institutions. Then, mataas ang bayarin sa binance after a brief rebound Thursday, prices fell again Friday … Read more