Crypto

Martin Fröhler, CEO of blockchain-based trading platform Morpher, has revealed he believes the price of bitcoin will surge to surpass $160,000 by the end of this year while responding to a survey. Finder surveyed 42 cryptocurrency experts…
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The price of bitcoin has crashed below $30,000, adding to the heavy losses seen across the crypto market in recent months. The cryptocurrency dropped as low as $29,548 on Tuesday morning, according to CoinMarketCap’s price index, down from…
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For the first time in the history of cryptocurrency, bitcoin has been overtaken in a key transaction and trading metric. A strong price rally on Tuesday saw Ethereum (ether) surpass bitcoin for the number of daily active addresses,…
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The U.S. government’s latest cryptocurrency auction, which was announced by the General Services Administration (GSA) on June 16, is closing at 17:00 Eastern Time (or 21:00 UTC) on Monday (June 21). The GSA is “an independent agency of the…
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A tumultuous couple of months for bitcoin saw the cryptocurrency hit a new all-time high before losing more than half its value in a spectacular crash that rippled through the market. Its volatile price movements have been mirrored by…
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Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice. The news comes after the Chinese government announced it will “crack down on bitcoin mining…
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Tesla bought $1.5 billion in bitcoin earlier this year to hold on its balance sheet. In a tweet Wednesday, Musk posted a diamond and praise hand emoji — a reference to the term “diamond hands” used by WallStreetBets traders — to indicate…
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Chinese internet cafe owners are turning their businesses into crypto mining centers as social distancing measures continue to bite in the Middle Kingdom. According to The Time Weekly, via Sina, a huge number of the 24-hour internet cafes,…
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Chief financial officer David Glazer said investments in cryptocurrency are ‘definitely on the table’ as the company announced its latest earnings. Palantir, the data analytics firm co-founded by Peter Thiel, is following Tesla by…
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The value of the digital currency fell to just below $50,000, its lowest since early March. According to CoinMarketCap, the drop represented the wiping out of $200 billion in market value — a startling reminder of cryptocurrency’s…
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