Cryptocurrencies were seeing red early Tuesday, as the global crypto market fell by 10% within 24 hours, from US$218 billion to US$193 billion, as recorded by coinmarketcap.com. Bitcoin was leading the market lower when it dropped to US$6,000 early in yesterday’s trading... Click here.
It's been a great couple of weeks for the bitcoin price. The world's largest cryptocurrency had added almost 20% to its value in the last seven days. And this may not be the end of it. Find out more here...
The last time bitcoin surged by a margin as big as today’s rally was back in 9 April, when the price of BTC scaled from US$6,900 to US$8,000 in as little as 30 minutes. If the past is anything to go by, bitcoin could potentially repeat the same movement and reach...
We are still in the early days of crypto regulation. But Malta has already figured it out. They are aiming to become a blockchain island.
Crypto is a technology revolution. It’s evolving, improving, expanding and changing. That's why we believe the BIS report on the death knell of bitcoin is wrong.
When it comes to bitcoin, do you want to play it safe or leverage up with CFDs? Just for fun, work out a hypothetical trade. Use your capital base to decide how much bitcoin — or how many CFDs — you’d buy.
If crisis hits again, people will flee the traditional system. They'll realise the current system isn’t as safe as they think. They’ll want something else. And crypto will be there, ready, waiting for them.
But while investors have been more interested in the price of cryptos, companies are interested in the underlying technology — blockchain. It’s been around for a while, but let’s have a quick refresher. The best way to describe blockchain is to think of a ledger.
At the time of writing, shares of Chapmans Limited are up by 14.29%, to 0.8 cents, in today’s trading. Last week, Chapmans raised AU$4.552 million, comprising of AU$1.59 million in equity and AU$2.962 million in unsecured convertible loans due at 30 June. Chapmans used the funding to acquire a 19.99% stake in GPU.One, a profitable data processing and cryptocurrency company.
The price of bitcoin exploded overnight, rising from US$6,870 (AU$8,859.21) to US$8,034.17 (AU$10,360) in an hour, according to prices quoted from Coindesk. There’s no one specific piece of news that can be pointed to as being solely responsible for the sudden jump. Instead, it seems that a number of factors came together at the same time.