Elon Musk’s tweeting sends Bitcoin’s value sinking again – but are there bigger forces responsible for the downturn in crypto prices? Musk said last week that Tesla would not accept Bitcoin payments for Tesla cars Ethereum, the second-most valuable cryptocurrency, has also declined 17.6% The Colonial Pipeline attack could lead to much greater regulation of … Read more
Bitcoin started the week with a bang as the flagship crypto-currency jumped by as much as 7 per cent. Investors piled in after card payment giant Visa said it would allow the use of another digital currency, USD Coin, on its payment network. USD Coin is a different beast to bitcoin as it is tied … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Bitcoin’s days are numbered as technology develops, warns Bank of England governor Andrew Bailey By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 January 2021 | Updated: 22:44 GMT, 25 January 2021 Bitcoin and other existing crypto-currencies will not last as technology develops, Bank of England governor Andrew Bailey has warned. Speaking on … Read more