EFSA warns citizens to trade in bitcoin

Wed, 26 May 2021 - 02:45 GMT

It added that it did not give permissions to any quarter to legalize the use of such coins, pointing out that a call by some investors to deal with such coins to make profits is part of deception which is punishable by law.

Bitcoin jumps 8%, on course to snap five days of losses

Mon, 26 Apr 2021 - 10:50 GMT

Bitcoin jumped as much as 8% on Monday and was on course to snap five straight days of losses, though the cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month.

Asian shares near 1-1/2 week highs, Bitcoin recoups losses

Mon, 19 Apr 2021 - 01:50 GMT

Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.

Egypt's central bank prohibits issuing cryptocurrencies or carrying out activities related to them

Sun, 28 Mar 2021 - 12:38 GMT

CBE indicated in a statement, Sunday, the high risk involved in dealing in these currencies where it is dominated by instability and extreme volatility in the value of its prices.

Heard of bitcoin's 'halving'? It's set to shake crypto markets in 2020

Thu, 19 Dec 2019 - 11:15 GMT

That's a big change in a market worth about $120 billion where bitcoin worth several billions dollars are created every year.

Is bitcoin growing up? Regulated futures boom as investors seek a safer ride

Thu, 13 Jun 2019 - 10:07 GMT

The crypto market, associated by many with the dark web, money laundering and the Wild West, is beginning to be discussed by financiers in the same breath as derivatives, hedging instruments and compliance.

Bitcoin soars past $5,000, mystery buyer seen as catalyst

Tue, 02 Apr 2019 - 10:49 GMT

Bitcoin burst to its highest level in almost five months on Tuesday, sending smaller cryptocurrencies up.

Bitcoin gains 6% as it heads for best day since July

Wed, 28 Nov 2018 - 09:10 GMT

The world’s biggest cryptocurrency was last as $3,970.04 on the Bitstamp platform, after being mauled in a broad sell-off in cryptocurrencies over the last two weeks. It has lost more than 70 percent of its value this year.

Bitcoin sinks to new 13-month low

Mon, 19 Nov 2018 - 09:47 GMT

Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching $5173.23 on the Bitstamp platform BTC=BTSP.

Asian stocks pick up steam as hopes of policy support lift China

Wed, 20 Jun 2018 - 08:27 GMT

S&P 500 futures ESc1 turned higher, rising 0.3 percent and pointing to possible gains on Wall Street after major U.S. indexes closed lower Tuesday.

Looking for new way to donate during Ramadan? London mosque now accepts bitcoin

Tue, 29 May 2018 - 08:53 GMT

Looking for a new way to give money to charity as part of Ramadan? A mosque in Britain’s capital is willing to receive your donation - in bitcoin.

Soon screening near you? Blockchain tech premieres at Cannes

Wed, 16 May 2018 - 07:52 GMT

Blockchain may not be the most glamorous new star at the Cannes festival but experts touting the technology say it will rock the world of film.

German online bank uses Bitcoins to transfer loans

Sat, 12 May 2018 - 01:37 GMT

German Radoslav Albrecht has founded an online bank that allows clients to transfer loans anywhere in the world using Bitcoin.

Bitcoin remains neutral in $6,492-$7,007 range

Thu, 12 Apr 2018 - 08:12 GMT

The range is formed by the 61.8 percent and the 50 percent projection levels of a downward wave C from $9,188.

Companies clamp down on crypto ads as regulators play catch-up

Wed, 28 Mar 2018 - 10:08 GMT

growing number of internet companies are banning cryptocurrency advertising, fearing reputational damage if their users are duped or left penniless.

Cryptocurrencies failing as money, but technology has promise: Carney

Fri, 02 Mar 2018 - 02:10 GMT

Cryptocurrencies such as Bitcoin are failing as a form of money and have shown clear signs of being a financial bubble, but their technology could improve the financial system in future.

WGS 2018: Cryptocurrencies are Here to Stay

Tue, 13 Feb 2018 - 11:31 GMT

Is the Future of Cryptocurrencies Gold or Dust?’ was the theme of a breakout session held on day three of the sixth World Government Summit (WGS 2018) in Dubai.

Qatar warns banks & financial institutions agaisnt trading in cryptocurrency

Thu, 08 Feb 2018 - 11:09 GMT

Qatar’s Central Bank warned financial institutions including banks not to trade in bitcoin or any other cryptocurrency.

Bitcoin bounces back from three-month low in volatile trade

Wed, 07 Feb 2018 - 07:31 GMT

Bitcoin rallied from three-month lows below $6,000 in choppy trading on Tuesday.

Bitcoin slides below $6,000; half its value lost in 2018

Tue, 06 Feb 2018 - 09:11 GMT

Bitcoin slid another 13 percent to below $6,000 on Tuesday, bringing the world’s best-known cryptocurrency’s losses to more than half since the start of 2018.