Platform Industry: Bitcoin and digital currencies

MicroStrategy to borrow $600 million to buy more bitcoin

Major bitcoin corporate backer MicroStrategy will borrow $600 million to buy more of the currency, it said on Tuesday, as the cryptocurrency surged past $50,000 in a rally fuelled ...

Platform Industry: Bitcoin and digital currencies

Bitcoin approaches $50,000, wider adoption fuels record rally

Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the prominent cryptocurrency.

Platform News: SpaceX's Elon Musk

Elon Musk’s Bitcoin investment follows months of tweeting

Tesla’s $1.5 billion Bitcoin investment may not surprise close followers of Elon Musk’s Twitter account, where he has shown himself as a major proponent of the soaring ...

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

Police seize $60 million of crypto currency! Now, where’s the password?

German prosecutors have confiscated more than 50 million euros (approximately $60 million) worth of bitcoin. There’s only one problem: they can’t unlock the money becau...

Platform Industry: Tesla's Elon Musk

Elon Musk turns his support to Dogecoin

Dogecoin surged more than 50% yesterday after Tesla Chief Executive Elon Musk tweeted his support for it, two days after he said he was to take a break from Twitter “for a wh...

Platform News: Bitcoin cryptocurrency

Elon Musk says bitcoin is ‘on the verge’ of being widely accepted

Elon Musk has commented that bitcoin was “on the verge” of being more widely accepted among investors as he expressed his support for the digital currency in a chat on ...

Platform Industry: Bitcoin and digital currencies

Coinshares: Bitcoin and crypto inflows hit a record last week

Investment flows into cryptocurrency funds and products hit a record $1.31 billion final week following a couple of weeks of little outflows, as investors took advantage of this de...

Platform News: Bitcoin cryptocurrency

Global chip shortage hits China’s bitcoin mining sector

A worldwide chip shortage is choking the production of machines used to “mine” bitcoin, an industry dominated by China, sending costs of the computer equipment soaring ...

Platform News: Bitcoin cryptocurrency

Bitcoin falls 19% to face biggest one-day drop since March

Bitcoin dropped more than 19% to a one-week low on Monday, putting the cryptocurrency on course for its greatest one-way drop as March as its recent red-hot rally hit the buffers.

Platform Industry: Bitcoin and digital currencies

Bitcoin emergence as ‘digital gold’ could lift price to $146,000, says JPM

Digital currency bitcoin has emerged as a rival into gold and could trade as large as $146,000 if it becomes established as a safe-haven asset, investment bank JPMorgan (JPM) has s...

Platform News: Bitcoin cryptocurrency

Bitcoin slumps, slamming the brakes on its New Year rally

Bitcoin fell sharply on Monday, losing earth by a record high of $34,800 touched a day before, with traders citing volatility in highly regulated futures markets.

Platform Industry News: Crypto platforms and cryptocurrencies

Bitcoin trades near $34,800 record following an 800% surge

Bitcoin traded 33,365 in Asia today, after soaring to a record high of $34,800 on Sunday as traders continue to bet that the electronic money is on its way to becoming a mainstream...

Platform Industry: Bitcoin and digital currencies

Bitcoin rallies above $30,000 for first time

Digital currency Bitcoin expanded its record-smashing rally over the weekend, starting the year with a surge over $30,000 for the first time, together with more investors and trade...

Platform Industry: All things crypto platforms and digital currency

Cryptocurrency exchange Coinbase files with regulators to go public

Coinbase’s statement comes as Bitcoin hit a record high on Thursday, just a day after departure the $20,000 landmark for the very first time, amid surging interest from bigge...