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Page 46 - Cryptocurrency

China's ban forces some bitcoin miners to flee overseas, others sell out

"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan

China's ban forces some bitcoin miners to flee overseas, others sell out
Updated On : 25 Jun 2021 | 11:56 AM IST

Cryptocurrency companies fight for top talent, hundreds of jobs on offer

Binance, the world's largest crypto exchange, is advertising for some 370 positions globally, according to its LinkedIn recruitment portal.

Cryptocurrency companies fight for top talent, hundreds of jobs on offer
Updated On : 25 Jun 2021 | 9:29 AM IST

John McAfee, antivirus software pioneer, found dead in Spanish prison

Businessman founded McAfee Corp. in 1987 and led the company as it dominated the market for antivirus protection of personal computers.

John McAfee, antivirus software pioneer, found dead in Spanish prison
Updated On : 25 Jun 2021 | 1:35 AM IST

China's Ant highlights distinction between NFTs and cryptocurrencies

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

China's Ant highlights distinction between NFTs and cryptocurrencies
Updated On : 24 Jun 2021 | 10:52 AM IST

Mideast joins Bitcoin craze with first Dubai cryptocurrency listing

The stock closed at $38.30, up 10 per cent for the day, according to prices on Nasdaq Dubai's website.

Mideast joins Bitcoin craze with first Dubai cryptocurrency listing
Updated On : 24 Jun 2021 | 1:02 AM IST

Bitcoin plunges below $30,000, erasing all gains for the year so far

Crypto tumbles amid broad China crackdown, energy usage concerns

Bitcoin plunges below $30,000, erasing all gains for the year so far
Updated On : 23 Jun 2021 | 1:32 AM IST

Bitcoin sinks below $30,000 for first time since late January

The world's largest cryptocurrency fell as much as 6.4% to $29,614, its lowest since Jan. 27

Bitcoin sinks below $30,000 for first time since late January
Updated On : 22 Jun 2021 | 6:14 PM IST

Bitcoin nosedives as China expands crackdown on cryptocurrency mining

The price of bitcoin has nosedived after fresh reports emerged that China has expanded its crackdown on the mining of cryptocurrencies.

Bitcoin nosedives as China expands crackdown on cryptocurrency mining
Updated On : 22 Jun 2021 | 1:56 PM IST

Bitcoin steadies in Asia trading after plunge over China crypto comment

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

Bitcoin steadies in Asia trading after plunge over China crypto comment
Updated On : 22 Jun 2021 | 8:37 AM IST

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook

For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook
Updated On : 22 Jun 2021 | 6:52 AM IST

China orders Alipay, banks not to assist cryptocurrency trading

Bitcoin declines to two-week low and ether falls 13% as crackdown widens

China orders Alipay, banks not to assist cryptocurrency trading
Updated On : 22 Jun 2021 | 1:08 AM IST

Chinese banks promise to step up cryptocurrency ban

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. Regulators appear to worry that despite the 2013 ban on Chinese banks and other institutions handling cryptocurrencies, the state-run financial system might be indirectly exposed to risks. Beijing also worries users might evade efforts to monitor and control the financial system. The four major state-owned commercial banks and payment service Alipay promised to step up monitoring of customers and block use of their accounts to buy or trade crypto-currencies. Customers are asked to be more aware of risks, safeguard bank accounts and not to use virtual currency-related transactions, China Construction Bank Ltd. said on its website. Similar promises were issued by Industrial and Commercial Bank of China Ltd., Bank of China Ltd., Agricultural Bank of China Ltd., Postal Savings Bank of Chi

Chinese banks promise to step up cryptocurrency ban
Updated On : 21 Jun 2021 | 8:52 PM IST

The mistake crypto crowd makes: it doesn't understand monetary economics

Crypto has been a highly unusual asset class for its entire history, but it won't act like that forever.

The mistake crypto crowd makes: it doesn't understand monetary economics
Updated On : 21 Jun 2021 | 7:51 AM IST

Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14

Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.

Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14
Updated On : 19 Jun 2021 | 8:33 AM IST

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?

Without oversight of the president's decision to accept crypto, bad actors and illicit money flows are likely to prosper.

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?
Updated On : 16 Jun 2021 | 12:25 PM IST

Bitcoin is still being called a bubble after 35% crash in May: Survey

About 80% of fund managers surveyed by Bank of America Corp. called the market a bubble, up from 75% in May

Bitcoin is still being called a bubble after 35% crash in May: Survey
Updated On : 15 Jun 2021 | 8:26 PM IST

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

It was last up 0.5% at $39,189, straining to escape the relatively tight trading range of this month.

Bitcoin climbs near $40,000 after Musk says Tesla could use it again
Updated On : 14 Jun 2021 | 7:51 PM IST

China's cryptocurrency-mining crackdown spreads to Yunnan in southwest

China accounts for a over half of global bitcoin production

China's cryptocurrency-mining crackdown spreads to Yunnan in southwest
Updated On : 12 Jun 2021 | 4:12 PM IST
Updated On : 12 Jun 2021 | 2:15 AM IST

'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX

"WazirX is yet to receive any show-cause notice from the Enforcement Directorate as mentioned in today's media reports. WazirX is in compliance with all applicable laws," the company said.

'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX
Updated On : 11 Jun 2021 | 4:25 PM IST