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Slumping world equity markets continue to hurt cryptocurrencies

Bitcoin falls to lowest level since January

Bitcoin fell to its lowest level since January today as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with riskier assets like tech stocks.

Business • 09 May 22

Russia said it was considering accepting Bitcoin as a payment for oil and gas exports, but only from 'friendly' countries

Cryptocurrency - investment fad or is it worth a punt?

The value of cryptocurrencies like Bitcoin have swung wildly with periods of deep losses interspersed with periods of sustained gains. It's not an investment for the faint-hearted, but is it worth having some exposure as part of a wider portfolio and what's the future for the sector?

Business • 02 Apr 22

Oil prices nursed deep losses following news that the United States was considering releasing up to 180 million barrels from its strategic petroleum reserve as part of a move to lower fuel prices.

Oil plunges, global stocks fall

Global stocks fell today as recession concerns and the Russian-Ukranian war curbed demand for risky assets, while oil prices plunged over $5 on news that the United States may release some of its emergency oil reserves.

Business • 31 Mar 22

Bitcoin rose 8.4% today - on track for its biggest gain since Febuary 28

Bitcoin jumps after Biden's order on digital assets

Bitcoin soared today after US President Joe Biden signed an executive order that requires US government agencies to assess the benefits and risks of creating a central bank digital dollar and other cryptocurrency issues.

Business • 09 Mar 22

In the five days since Russia invaded Ukraine on 24 February, bitcoin has risen 13%

Bitcoin gains conflict currency credentials

Bitcoin has leapt since Russia's invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto.

Business • 01 Mar 22

Tesla had briefly accepted the cryptocurrency as payment for sales of certain products

Tesla's bitcoin holdings worth nearly $2 billion

Tesla said today that the fair market value of the electric-vehicle maker's bitcoin holdings as of December 31 was $1.99 billion.

Business • 07 Feb 22

Bitcoin is down over 50% from its high of $69,000 in November

Bitcoin tumbles to six-month low on Ukraine fears

Bitcoin tumbled over 7% today to its lowest in six months, as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their selloff.

Business • 24 Jan 22

The new regulations will start from mid-February

Spain moves to rein in crypto-asset advertising

Spain has moved to regulate rampant advertising of crypto assets, including by social media influencers, tasking the stock market supervisor with authorising mass campaigns and making sure investors are aware of risks.

Business • 17 Jan 22

Bitcoin is now more than 40% below a record high of $69,000 hit in November

Bitcoin falls under $40,000 to five month low

Bitcoin fell over 5% today to its lowest in over five months, tumbling under the $40,000 level.

Business • 10 Jan 22

Bitcoin, the world's biggest cryptocurrency, has lost over 40% since hitting a record high of $69,000 in November

Bitcoin slumps to lowest level since September

Bitcoin has slumped today as much as 5% to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies.

Business • 07 Jan 22

Bitcoin hit a new all-time high of $69,000 in November

2021 - crypto's wildest year yet

Bitcoin close to $70,000, "memecoins" worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown - 2021 was the wildest yet for cryptocurrencies, even by the sector's volatile standards.

Business • 30 Dec 21

Bitcoin fell as much as 22% to just under $42,000 on Saturday on a combination of profit-taking and macro-economic concerns

Bitcoin back over $50,000 as market calms after turmoil

Bitcoin rose 1.5% in Asia trading today, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge.

Business • 07 Dec 21

The rout sent bitcoin's price and the amount invested in bitcoin futures back to where they were in early October

Bitcoin tumbles 5% after weekend battering

Bitcoin dropped by almost 5% today as the start of the week offered little respite to the world's largest cryptocurrency after a bruising weekend when, at one point, it lost over a fifth of its value.

Business • 06 Dec 21

Despite its recent falls, Bitcoin has gained more than 90% this year

Bitcoin heads for worst week in six months

Bitcoin fell to a one-month low today and was headed for its worst week in six months as traders have booked profits from a long rally and been spooked by an expectation that creditors of collapsed crypto exchange Mt Gox might liquidate their payments.

Business • 19 Nov 21

Both Bitcoin and ether have more than doubled in value since June and added nearly 70% against the dollar since the start of October

Bitcoin and ether hit all-time highs

Bitcoin and ether hit record peaks today, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

Business • 09 Nov 21

Ether - which underpins the ethereum network - is sitting at a record top of $4,768.07 today

Crypto rally lifts bitcoin as ether hits new record

Bitcoin rallied toward its all-time high today and ether climbed to a fresh record as cryptocurrencies rode a wave of momentum, flows, favourable news and inflation fears.

Business • 08 Nov 21

The ether token underpins the ethereum blockchain network

Ether scales $4,600 to record high as bitcoin trails

Ether, the world's second-largest cryptocurrency, hit an all-time high today, catching up with bitcoin's rally and riding on news of wider blockchain adoption.

Business • 03 Nov 21

Bitcoin marked an all-time high on optimism around the launch of the first US bitcoin futures exchange-traded fund (ETF) yesterday

Bitcoin edges off all-time high but momentum intact

Bitcoin hovered today below its all-time high struck a day earlier after the launch of the first US bitcoin futures exchange-traded fund.

Business • 21 Oct 21

Bitcoin, the world's leading cryptocurrency, surged past $65,000 today

Bitcoin hits record high a day after US ETF debut

Bitcoin hit a new record today, surging past $65,000 after it took another step towards mainstream status as the world's biggest cryptocurrency forayed onto Wall Street.

Business • 20 Oct 21

Bitcoin, the world's largest cryptocurrency, last stood at $62,288, not far from its all-time high of $64,895 hit in April

Bitcoin hovers near six-month high on ETF hopes

Bitcoin hovered near six-month highs today in anticipation of the listing of the first futures-based bitcoin exchange-traded funds (ETF) in the US, which investors hope will boost cryptocurrency trading volumes.

Business • 18 Oct 21

Bitcoin, the world's biggest cryptocurrency rose nearly 4% to as high as $59,664, its highest since mid-April

Bitcoin nears $60,000 as investors eye first US ETFs

Bitcoin hit a six-month high today, approaching the record hit in April, as traders became increasingly confident that US regulators would approve the launch of an exchange-traded fund based on its futures contracts.

Business • 15 Oct 21

The world's largest cryptocurrency in terms of market value rose 4.6% to $53,859.6

Bitcoin hits strongest level since May

Bitcoin hit its highest level since mid-May today as bulls bid up the cryptocurrency after it breached the $50,000 mark in the previous session.

Business • 06 Oct 21

Shares in a range of Chinese crypto-related firms plunged on the ban which closes off loopholes left in previous regulatory crackdowns on the sector

Cryptocurrency exchanges scramble to drop Chinese users

Beijing's new blanket ban on all cryptocurrency trading and mining - the broadest yet by a major economy - has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients.

Business • 27 Sep 21

Bitcoin fell nearly 5% today after the announcement from China that it will crack down on illegal activities of cryptocurrency trading

China's top regulators ban crypto trading and mining

China's most powerful regulators today intensified the country's crackdown on cryptocurrency with a blanket ban on all crypto transactions and crypto mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

Business • 24 Sep 21

Cryptocurrency prices have bounced off one and a half month lows today

Bitcoin tries recovery as Evergrande-led selloff eases

Cryptocurrency prices bounced off one and a half month lows today as a heavy selloff overnight linked to concerns about a possible loan default by property developer China Evergrande eased slightly.

Business • 21 Sep 21