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Bitcoin bruised after chaotic debut as legal tender in El Salvador

TOKYO: Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in 2-1/2 months as El Salvador's historic adoption of the crypto...

Cryptocurrencies selloff widens: Bitcoin down nearly 4pc, ether 6pc

LONDON: A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4 per cent while smaller rival ether fell more than 6pc. The world's...

In world first, Bitcoin becomes legal tender in El Salvador

SAN SALVADOR: El Salvador on Tuesday becomes the first country in the world to accept Bitcoin as legal tender, despite widespread domestic scepticism and...

Bitcoin fever reaches Honduras with first cryptocurrency ATM

TEGUCIGALPA: The first cryptocurrency ATM in Honduras opened this week as bitcoin backers sought to spur demand for virtual assets after neighboring El Salvador...

Bitcoin rises 5pc to $49,106

NEW YORK: Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. Bitcoin, the world’s biggest and best-known...

Bitcoin rises 7.07pc to $47,587

NEW YORK: Bitcoin surged 7.07% to $47,587.38 at 2200 GMT on Saturday, adding $3,142.93 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency,...

Bitcoin attracts high-profile interest

LONDON: Tesla, Twitter and maybe Amazon: Big tech companies are interested in bitcoin and it could take off again after several weeks of laying...

Amazon eyes cryptocurrency but not poised for Bitcoin

NEW YORK: Amazon on Monday denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year,...

Bitcoin leaps 12pc to test recent peaks, Ether hits 3-week high

NEW YORK: Cryptocurrencies like Bitcoin popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a...

Tesla will ‘most likely’ restart accepting Bitcoin as payments, says Musk

FLORIDA: Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy...

Limited capacity, difficult logistics to slow Chinese bitcoin miners’ global shift

HONG KONG/SHANGHAI: Large bitcoin miners fleeing China to escape a state crackdown will take many months to start operating again, as data centres from...

El Salvador bitcoin move opens banks to money laundering, terrorism financing risks: Fitch

SAN SALVADOR: El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating rules against money laundering and terrorism financing,...

In a first for Mideast, Bitcoin fund launches on Dubai bourse

DUBAI: The Middle East's first bitcoin fund launched on the Dubai bourse on Wednesday, with Canadian digital asset manager 3iQ Corp seeking to raise...

Bitcoin drops below $30,000 on China crackdown

HONG KONG: Bitcoin on Tuesday fell below $30,000 for the first time since January, briefly erasing gains for the year and adding to losses...

Bitcoin steadies in Asia trading after Monday’s plunge

HONG KONG: Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on...