Global stocks mixed as bitcoin surges
Global stocks were mixed Monday, with major US indices ending at fresh records as bitcoin futures surged in their debut on a major exchange.
Bitcoin tops $18,000 in debut on major bourse
Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.
Bitcoin plunges 15% in wild trading
Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its volatility. The virtual currency, which has no central bank backing and no legal exchange rate, briefly hit a new record of $17,000 before…
Bitcoin chalks up new record as it charges past $14,000
Bitcoin ploughed past $14,000 to a fresh record on Thursday as investors continued to pile in, triggering a warning the cryptocurrency was "like a charging train with no brakes" that would inevitably slip back.
Paxful enlightens Nigerians on the use of Bitcoin
Despite the Nigerian financial regulators aversion to it, Bitcoin has continued to gain more popularity and acceptance globally, even in Nigeria, as more people now prefer to do their financial transactions using this unique form of money. In a bid to help educate Nigerians on how to make the best use of this new form…
Bitcoin breaks $10,000 barrier
Bitcoin broke through the $10,000 barrier for the first time on Wednesday as it extends a stratospheric rise that has delighted investors but sparked fears of a bubble. The virtual currency hit a high of $10,903 in Asia, according to Bloomberg News, about 14 times its value at the start of the year. The breakthrough…
Things to know about Bitcoin
Mark Karpeles, the former CEO of collapsed Bitcoin exchange MtGox, went on trial in Tokyo on charges stemming from the disappearance of hundreds of millions of dollars worth of the virtual currency from its digital vaults. Here are some key facts about the world's most widely used crypto currency: What is Bitcoin? Bitcoin is a…
Hackers demand ransom in Bitcoin
The perpetrators of the global cyberattack that caused havoc in 150 countries demanded “ransom” money in bitcoins, but experts believe the anonymity that the virtual currency affords is not necessarily impenetrable.