Cryptocurrencies
Powell says a Fed digital currency could undercut need for cryptocurrencies
Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for pr...
China’s Ant highlights distinction between NFTs and cryptocurrencies
China’s Ant Group has sought to draw a distinction between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beij...
Bitcoin slumps further as China tightens crypto crackdown
Bitcoin has tumbled to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain about the future of the leading cryptocurrency.
BBVA opens Bitcoin trading service to clients in Switzerland
Spain’s BBVA has said it is launching a bitcoin trading service for private banking clients in Switzerland interested in digital asset investment.
China’s cryptocurrency-mining crackdown spreads to Sichuan
China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in...
India investigates Binance unit’s crypto transactions
India’s financial crime-fighting agency said on Friday that WazirX, one of the country’s largest cryptocurrency exchanges and its directors, were under investigation for susp...
Leading crypto exchanges scout entry into India despite potential ban
Digital currency exchanges are exploring ways to set up in India, following in the footsteps of market leader Binance, while the Indian government dithers over introducing a law th...
China blocks several cryptocurrency-related social media accounts
A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining.
Elon Musk’s trolling puts brakes on bitcoin’s rebound
Bitcoin slipped 4% on Friday after SpaceX and Tesla CEO Elon Musk was at it again – this time firing off a few tweets that appeared to lament a breakup with the cryptocurrenc...
Bitcoin edges back from $40,000 as volatility lingers
Bitcoin climbed back above $40,000 for the first time this week, before edging off its highs, as recent volatility in the cryptocurrency market showed few signs of dampening down.
Nvidia forecast beats expectations but crypto mining’s role remains unclear
Nvidia Corp forecast second-quarter revenue above analysts’ estimates, but shares fell 1% after-hours as the company could not say for certain how much of its recent revenue ...
Coinbase appoints former White House staffer as chief policy officer
Coinbase has appointed Faryar Shirzad, a former White House official, as chief policy officer, the cryptocurrency exchange said in a blog post.
Cryptocurrency recovery stalls as miners eye exits
Cryptocurrencies fought to find a footing after even weekend cheerleading from Tesla CEO Elon Musk seemed unable offset selling pressure from spooked investors or nerves stemming f...
Retail investors learn to love the crypto rollercoaster
When Brjánn Bettencourt rolled out of bed on Wednesday morning to find the assets in his cryptocurrency portfolio slammed in their biggest selloff in years, he knew exactly what to...
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