Cryptocurrencies
Bitcoin forms ‘death cross’ as selloff shows no sign of reprieve
After a slew of news related to renewed crackdowns from China triggered a bitcoin selloff, chartists and analysts are turning to a sinister-sounding technical signal.
- by Vildana Hajric
Latest
Opinion
Bitcoin
Dirty funds: El Salvador’s bitcoin gamble has cybercrime experts worried
Experts are concerned that criminals will be the big winners from El Salvador’s ground-breaking move.
- by Io Dodds
Opinion
Fintech
Why the banks won’t touch bitcoin anytime soon
A pillar of the global financial establishment recently revealed its view on cryptocurrencies: it is extremely sceptical.
- by Clancy Yeates
Wall Street asks if bitcoin can ever replace the dollar
El Salvador’s bold move to accept bitcoin as legal tender has Wall Street once again wondering whether a cryptocurrency could really ever replace the greenback.
- by Sydney Maki and Vildana Hajric
Millennials plough their savings into cryptocurrency
One-in-five millennials – those aged between 25 and 40 – now own cryptocurrency but investment professionals warn against making short-sighted decisions based on Fear Of Missing Out.
- by John Collett
Gaming on the blockchain: Aussie company plans to take NFTs mainstream
Immutable sold more than $2.6 million worth of virtual items for its new video game in its first hour of sales.
- by Tim Biggs and Dominic Powell
Bitcoin put in highest risk category in bank capital plan; JPMorgan warns of bear market
Powerful group of global regulators propose tough new rules for banks holding bitcoin as it continues further on its road to becoming mainstream.
- by Silla Brush, Eric Lam and Joanna Ossinger
Crypto cows: Farmers use manure to power cryptocurrency mines
Cryptocurrency mines are not normally associated with the British countryside but one farmer is working to change that.
- by Sam Benstead
El Salvador becomes first country to make bitcoin legal tender
President Nayib Bukele said that bitcoin will help counter El Salvador’s low banking penetration rate and cut the cost of transferring money.
- by Sunil Jagtiani and Michael McDonald
‘Can’t get a break’: ransom recovery sends bitcoin tumbling towards key level
Bitcoin slumped to a two-week low, with analysts pointing to a technical breakdown as well as the recovery of Colonial Pipeline’s ransom as evidence that crypto isn’t beyond government control.
- by Vildana Hajric
Call for social media ‘finfluencers’ to carry wealth warnings
Social media ‘finfluencers’ should carry disclaimers on their posts to warn potential investors about the reliability of the information they promote.
- by John Collett