cryptocurrency

Platform News: FinTech trading app Robinhood

Robinhood added 6 million crypto users in last two months

Controversial online brokerage Robinhood has said it has garnered 6 million new users for its cryptocurrency services in the first two months of 2021 amid higher retail trading vol...

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

Boom: with more mainstream acceptance Bitcoin tops $50,000

Bitcoin headed above $50,000 for the first time ever today, adding steam to a rally fuelled by signs that the world’s most notable crypto is gaining acceptance among mainstre...

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.

US Treasury Secretary Janet Yellen

Janet Yellen eyes innovation to battle misuse of crypto

US Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financi...

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 ...

Digital Currencies

India proposes law to ban cryptocurrencies, create official digital currency

India plans to introduce a law to ban existing cryptocurrencies such as bitcoin and create a framework for an official digital currency to be issued by the Reserve Bank, according ...

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...