BITCOIN

Elon Musk loses $15 billion in a day after Bitcoin warning

Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” H...

Bitcoin bet sparks rally at Japan’s most expensive brokerage

Even after a pullback during a sell-off in Bitcoin in recent days, Monex is the most expensive stock on an index of Japanese securities com...

Bitcoin tumbles below $49,000 as fear sweeps through crypto

While the selloff only puts Bitcoin prices at the lowest in about two weeks, investors are starting to wonder whether it marks the start of...

Operator of world’s largest Bitcoin mine said to eye $500 million US IPO

Bitcoin hit a market value of $1 trillion late last week, a surge that’s helping cryptocurrency returns far outstrip the performance of mor...

Bitcoin pares losses after tumbling on Elon Musk’s price remarks

Bitcoin trimmed losses to 8% after plunging as much as 17% earlier Monday. It briefly came back below $50,000 in New York, giving up more t...

Bitcoin rally faces potential test from falling market liquidity

“Market liquidity is currently much lower for Bitcoin than in gold or the S&P 500, which implies that even small flows can have a large pri...

Judge cryptocurrency by technology, and not the other way around

By the end of 2020, global e-commerce was growing at 19 per cent CAGR (2017–23) to reach $6.5 trillion. Digital/mobile wallets were fast be...

Bitcoin might be a good investment but Bitcoin mining stocks aren't

Take Canaan Inc. the largest member of the Elwood Blockchain Global Equity Index. The Hangzhou-based company makes chips and equipment used...

Bitcoin and Ethereum prices 'seem high,' says Elon Musk

The chief executive of Tesla Inc, whose recent tweets have fueled the digital-currency rally, made the remark on Twitter while replying to ...

Bitcoin hits $1 trillion market cap, surges above $56,000

The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.

Bitcoin climbs above $53,000 as Elon Musk backs crypto over cash

“When fiat currency has negative real interest, only a fool wouldn’t look elsewhere,” Musk said in a reference to the sub-zero returns on c...

Bitcoin ETF roars in debut with $165 million of trading volume

​After a relentless surge in the world’s largest digital currency, the first Bitcoin product that’s officially labeled an exchange-traded f...

Elon Musk says bitcoin is slightly better than holding cash

He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it "adventurous enough" for the S&P 500 com...

Bitcoin rally falters just short of $50,000 as investors take profit

Bitcoin's rise has a cryptocurrency that is still hardly used for transactions on the verge of $50,000 - a far cry from software developer ...

5 reasons why bitcoin cryptocurrency prices are on the rise

Cryptocurrencies, especially Bitcoin, is now being considered as a safe-haven asset against market volatility and inflation. The current so...

Buy a car with bitcoin? Some car dealers were years ahead of Elon Musk

Dealers said accepting cryptocurrency is a good marketing and branding tool. But it is still a niche business. Price volatility and the abs...

Tesla bitcoin bet gives wings to India’s crypto hopefuls

Following Tesla’s disclosure, bitcoin surged 20 per cent to hit fresh highs of $47,000. It also put extra pressure on exchanges in India an...