Page 55 - Cryptocurrency

Tether, Facebook coin spur worry at Janet Yellen's closed-door meeting

Yellen urged agency heads at the July 19 meeting to "act quickly" to ensure stablecoins face appropriate rules

India got $1-bn crypto to fight Covid. What happened to the donation?

Between cashing out of an illiquid asset, complying with government regulations and getting the money to the right places, it isn't easy

Asia shares sit at 2021 lows ahead of Fed verdict, China steadies

MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.31 per cent in morning trading

Bitcoin tops $40,000 as traders get boost from high-profile investors

Traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors

Bitcoin falls below $37,000 after Amazon's denial; Ether, Litecoin tumble

More than $950 million of crypto shorts were liquidated on Monday

Bitcoin jumps on speculation about Amazon considering crypto sector

Bitcoin's price surged again on Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking for a product leader to develop its digital currency

Asia equities tick up, as investors look to the US; Nikkei rises 0.58%

By Alun John

Bitcoin nears $40,000 as shorts fuel rally on Amazon speculation

The surge on Monday brought crypto markets back to life after they've been stuck in the doldrums for months

Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week

Dollar holds near multi-month highs as US Fed meeting in focus

By Kevin Buckland

E-com giant Amazon may soon allow digital currency as payment mode

Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team.

Bitcoin hits key level not seen since May amid Ark, Tesla CEOs' boost

Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week

Wall St turns positive after choppy trading due to higher jobless claims

By Jessica DiNapoli

Bitcoin extends gain after retaking closely watched $30,000 mark

The largest digital currency rose as much as 3.4 per cent and was holding at about $30,800

Bitcoin climbs back over $30,000 as mood in financial markets fragile

Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile

Crypto firm FTX Trading's valuation rises to $18 bn after $900 mn funding

The latest funding comes as investor sentiment towards cryptocurrencies has somewhat soured after an initial euphoria earlier this year due to mounting regulatory concerns globally

Bitcoin slides below $30,000 level for the first time in a month

Some traders had viewed $30,000 as a key support that might open the way to more losses if breached

Most institutional investors expect to buy digital assets, study finds

Seven in 10 institutional investors expect to invest in or buy digital assets in the future, although price volatility is the main barrier for new entrants, a study has found

Twitter CEO announces new Bitcoin based business named TBD for Square

Twitter CEO Jack Dorsey has announced to create a new business focused on building an open developer platform for Bitcoin for his financial payments company Square

Pakistan govt moves to bring cryptocurrency boom out of the dark

Pakistan has seen a boom in trading and mining cryptocurrency, with interest proliferating in thousands of views of related videos on social media and transactions on online exchanges