BITCOIN

Bitcoin gains 5% to $50,943

Bitcoin's price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed ...

Goldman Sachs set to jump back into cryptocurrency trading

Crypto was once shunned at elite firms like Goldman Sachs, but is now gaining credibility as other banks and financial institutions outline...

Bitcoin rises 6% as risk assets rally; Citi says at a "tipping point"

Bitcoin, which has risen to $47,000 from $4,700 last March, could in the future become the preferred currency for international trade or fa...

View: Bitcoin whales are a mixed blessing

One wry criticism of Bitcoin is that its userbase resembles the distribution of wealth in North Korea: Just 2% of Bitcoin accounts hold 95%...

Bitcoin falls over 6% to lowest in two weeks

The world's biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses. It was last trading down 1.3 per cent at...

Bitcoin heads for worst weekly slide in a year amid risk selloff

Heavy selling in the Grayscale Bitcoin Trust, the world’s largest such fund, as well as the expiry of Bitcoin options are also contributing...

Bitcoin’s second North American ETF just started a price war

The rapid price cut underscores the benefits of being first to market in the ETF space, especially amid the fervent demand for products tra...

Bitcoin bet sparks rally at Japan’s most expensive brokerage

Even after a pullback during a sell-off in Bitcoin in recent days, Monex is the most expensive stock on an index of Japanese securities com...

Bitcoin tumbles below $49,000 as fear sweeps through crypto

While the selloff only puts Bitcoin prices at the lowest in about two weeks, investors are starting to wonder whether it marks the start of...

Operator of world’s largest Bitcoin mine said to eye $500 million US IPO

Bitcoin hit a market value of $1 trillion late last week, a surge that’s helping cryptocurrency returns far outstrip the performance of mor...

Bitcoin pares losses after tumbling on Elon Musk’s price remarks

Bitcoin trimmed losses to 8% after plunging as much as 17% earlier Monday. It briefly came back below $50,000 in New York, giving up more t...

Judge cryptocurrency by technology, and not the other way around

By the end of 2020, global e-commerce was growing at 19 per cent CAGR (2017–23) to reach $6.5 trillion. Digital/mobile wallets were fast be...

Bitcoin might be a good investment but Bitcoin mining stocks aren't

Take Canaan Inc. the largest member of the Elwood Blockchain Global Equity Index. The Hangzhou-based company makes chips and equipment used...

Bitcoin climbs above $53,000 as Elon Musk backs crypto over cash

“When fiat currency has negative real interest, only a fool wouldn’t look elsewhere,” Musk said in a reference to the sub-zero returns on c...

Bitcoin ETF roars in debut with $165 million of trading volume

​After a relentless surge in the world’s largest digital currency, the first Bitcoin product that’s officially labeled an exchange-traded f...

Elon Musk says bitcoin is slightly better than holding cash

He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it "adventurous enough" for the S&P 500 com...

Buy a car with bitcoin? Some car dealers were years ahead of Elon Musk

Dealers said accepting cryptocurrency is a good marketing and branding tool. But it is still a niche business. Price volatility and the abs...