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Bitcoin trades above $11,000, after 10pc weekend jump

LONDON/NEW YORK: Bitcoin tested 15-month highs on Monday after jumping more than 10pc over the weekend, with analysts ascribing the spike to growing optimism over...

Bitcoin holds above $7,000 after hitting nine-month high

LONDON: Bitcoin hovered above $7,000 on Monday, close to nine-month highs, as the biggest cryptocurrency’s 2019 rally gathered steam. Bitcoin was last up 1.1pc at...

Hackers steal $41mn worth of bitcoin from Binance cryptocurrency exchange

HONG KONG: Hackers stole bitcoin worth $41 million from Binance, one of the world's largest cryptocurrency exchanges, the company said on Wednesday, the latest...

China wants to ban bitcoin mining, traders say move not a surprise

SHANGHAI/HONG KONG: China's state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking...

Bitcoin soars 20pc, mystery buyer seen as catalyst

LONDON: Bitcoin burst to its highest level in almost five months on Tuesday, sending smaller cryptocurrencies up, with analysts ascribing the move to a...

Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump

HONG KONG: The world's largest maker of cryptocurrency mining chips has shelved plans for an ambitious initial public offering in Hong Kong, becoming the latest...

Daily bitcoin transactions on darknet markets doubled throughout 2018

Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to...

The absolute disaster that bitcoin is

There’s one thing a currency is supposed to do that bitcoin never has. That’s maintain a stable value. Indeed, as investment analyst Eddy Elfenbein points...

Cryptocurrency tether used to inflate Bitcoin prices, study reveals

Bitcoin soared last year, peaking at nearly $20,000 in December, before the price collapsed. It was at $6,624.45 on Wednesday afternoon

Bitcoin nosedives to two-month low as downtrend continues

So far in 2018, bitcoin is down nearly 53 percent, after soaring more than 1,300 percent last year

Bitcoin struggles to hold prices above $8,000

The price of Bitcoin fell to as little as $7,931.43 on Friday on the CoinDesk Bitcoin Price Index (BPI).

Bitcoin hysteria settles down as big players muscle into market

Worldwide regulatory crackdown has impacted trading volumes

$3 million worth of bitcoins stolen from Indian cryptocurrency exchange

NEW DELHI: Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far in the...

Bitcoin touches two-week highs

LONDON: Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two-week highs, with people active in the market citing a squeeze...

Is Bitcoin still a safe-haven asset?

LONDON: Recently, the global asset markets have been roiled by concerns that the United States and China may soon enter a trade war. While some...