Page 25 - Cryptocurrency

Bitcoin plunges below $30,000, erasing all gains for the year so far

Crypto tumbles amid broad China crackdown, energy usage concerns

Bitcoin sinks below $30,000 for first time since late January

The world's largest cryptocurrency fell as much as 6.4% to $29,614, its lowest since Jan. 27

Bitcoin nosedives as China expands crackdown on cryptocurrency mining

The price of bitcoin has nosedived after fresh reports emerged that China has expanded its crackdown on the mining of cryptocurrencies.

Bitcoin steadies in Asia trading after plunge over China crypto comment

Bitcoin stabilised in Asian trading a day after a statement from China's central bank reaffirming the crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook

For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"

China orders Alipay, banks not to assist cryptocurrency trading

Bitcoin declines to two-week low and ether falls 13% as crackdown widens

Chinese banks promise to step up cryptocurrency ban

China's biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. Regulators appear to worry that despite the 2013 ban on Chinese banks and other institutions handling cryptocurrencies, the state-run financial system might be indirectly exposed to risks. Beijing also worries users might evade efforts to monitor and control the financial system. The four major state-owned commercial banks and payment service Alipay promised to step up monitoring of customers and block use of their accounts to buy or trade crypto-currencies. Customers are asked to be more aware of risks, safeguard bank accounts and not to use virtual currency-related transactions, China Construction Bank Ltd. said on its website. Similar promises were issued by Industrial and Commercial Bank of China Ltd., Bank of China Ltd., Agricultural Bank of China Ltd., Postal Savings Bank of Chi

The mistake crypto crowd makes: it doesn't understand monetary economics

Crypto has been a highly unusual asset class for its entire history, but it won't act like that forever.

Bitcoin falls 7% to $35,431.15; down 45.4% from year's high on April 14

Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?

Without oversight of the president's decision to accept crypto, bad actors and illicit money flows are likely to prosper.

Bitcoin is still being called a bubble after 35% crash in May: Survey

About 80% of fund managers surveyed by Bank of America Corp. called the market a bubble, up from 75% in May

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

It was last up 0.5% at $39,189, straining to escape the relatively tight trading range of this month.

China's cryptocurrency-mining crackdown spreads to Yunnan in southwest

China accounts for a over half of global bitcoin production

Enforcement Directorate issues notice to WazirX, directors over FEMA breach

Exchange said they are yet to receive ED notice

'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX

"WazirX is yet to receive any show-cause notice from the Enforcement Directorate as mentioned in today's media reports. WazirX is in compliance with all applicable laws," the company said.

ED sends notice to crypto exchange WazirX for Rs 2,791-cr transactions

ED initiated the FEMA investigation on the basis of an ongoing money laundering probe into Chinese-owned 'illegal' online betting applications

China arrests over 1,100 for money laundering in crypto crackdown

Busts 170 groups for money laundering

Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin

Traders are waiting for the next catalyst to break Bitcoin from a $30,000 to $40,000 range that's been in place since a collapse from a record of almost $65,000 in April.

Global crypto exchanges scout entry into India despite potential ban

US-based Kraken, Hong Kong's Bitfinex and rival KuCoin are actively scouting the market, says report.

Bitcoin falls below $32K after Colonial Pipeline's ransom recovery

The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month