Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, as regulators continued to circle. European officials reiterated warnings of risks posed by cryptocurrencies. Bitcoin fell 5 per cent to around $29,700 on
Tag: Bitcoin news
Explained: Can Cryptocurrency Be An Inflation Hedge?
Cryptocurrency has emerged as a quick way to earn money. Cryptocurrency as an asset class is expected to have a close relationship with inflation, in the sense that when price pressures get hot, cryptos are supposed to get hotter. That
Bitcoin Eyes Record Losing Streak After “Stablecoin” Collapse
Bitcoin attempted a bounce early in the Asia session and rose 2% to $29,500 Singapore: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called
Bitcoin Lost A Third Of Its Value In Last 8 Sessions
Bitcoin dropped around 2% to as low as $28,379.26. Hong Kong: Bitcoin fell to its lowest in 16 months on Thursday, leading a rush out of risk assets such as tech stocks, while the collapse of TerraUSD, a so-called stablecoin,
Bitcoin Is A Rates Rookie, Buying The Dip Spells Trouble
Cryptoverse: Buying the dip? Bitcoin’s a rates rookie Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalize on its dramatic drop. The cryptocurrency has tanked along with other risk assets such as tech stocks
Bitcoin Falls To Lowest Since January, Tracking Stock Market Plunge
Bitcoin dropped to as low as $33,266 in morning trade, testing the January low of $32,951. Hong Kong: Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading
