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China's Ant Group sought to draw a distinction between non-fungible tokens available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion
The stock closed at $38.30, up 10 per cent for the day, according to prices on Nasdaq Dubai's website.
Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies
The dollar jumped and stocks swooned last week after the Fed surprised markets by signalling much earlier rate hikes than investors previously expected.
Crypto tumbles amid broad China crackdown, energy usage concerns
Business Standard brings you the top news of the evening
The world's largest cryptocurrency fell as much as 6.4% to $29,614, its lowest since Jan. 27
The Australian and New Zealand dollars eased after Monday's bounce from multi-month lows
The price of bitcoin has nosedived after fresh reports emerged that China has expanded its crackdown on the mining of cryptocurrencies.
Bitcoin stabilised in Asian trading a day after a statement from China's central bank reaffirming the crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low
For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"
Bitcoin declines to two-week low and ether falls 13% as crackdown widens
Business Standard brings you top news of the day
China's biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban.
European stocks opened lower, but the pan-European STOXX 600 index erased early losses to trade flat on the day, helped by a rise in German and Italian shares
Cryptocurrencies tumbled on Monday as China's crackdown on bitcoin mining expanded to the province of Sichuan
Crypto has been a highly unusual asset class for its entire history, but it won't act like that forever.
Venture capital funds have already poured $17 billion this year into companies that operate in the space
Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.
Investors should stick with the pro-cyclical commodity trade, particularly energy, Wood said