Digital Currencies

Platform News: Bitcoin and the rise of cryptocurrencies

Bitcoin tumbles below $50,000, other cryptos sink over Biden tax plans

Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that President Biden plans to raise capital gains taxes will curb investments in digital assets.

Digital Yuan - China digital currency

China to expand digital yuan experiments – central bank vice governor

China will expand digital yuan experiments to more cities, but there is no specific timetable for its official rollout, central bank vice governor Li Bo told an annual gathering on...

Platform Industry: Bitcoin and digital currencies

Bitcoin slumps 14% as pullback from record gathers pace

Bitcoin, the world’s biggest cryptocurrency, fell as much as 14% to $51,541 on Sunday, reversing most of the big gains it made over the past week. 

Moscow Skyline

Russian central bank considers digital rouble in 2023

The Russian central bank is considering limiting future transactions with a digital rouble to smooth the impact of its implementation, planned for 2023, Deputy Governor Alexei Zabo...

Platform Industry: Bitcoin and digital currencies

Explainer: Bitcoin on your company balance sheet?

Large companies from carmaker Tesla to business intelligence firm MicroStrategy have swapped billions of dollars in cash for bitcoin in recent months.

Goldman Sachs

Goldman Sachs restarts cryptocurrency desk amid bitcoin boom

Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with t...

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

Coinbase listing filing shows surge in revenue amid bitcoin boom

Coinbase, the biggest US cryptocurrency exchange, moved a step closer to listing on the Nasdaq with a filing to go public, revealing that it had swung into profit last year as bitc...

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

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 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: Bitcoin and digital currencies

Coinbase hit by tech trouble as bitcoin breaks $20,000 for first time

Major cryptocurrency exchange Coinbase has said its own retail and professional-focused platforms have been hit by link issues and network congestion, as bitcoin crushed by $20,000...

Platform Industry: Hackers and cyber security

Criminals getting smarter in use of digital currencies to launder money

Criminals are becoming more sophisticated in their use of cryptocurrencies to launder cash, with hundreds of millions of dollars of filthy funds last year flowing through electroni...

Platform Industry: All things crypto platforms and digital currency

Blockstack’s digital currency ‘Stacks’ to be tradable in US once new blockchain arrives

Tech company Blockstack PBC’s digital currency “Stacks” can become tradable by US investors together with the launching of its brand new blockchain early next yea...