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The loss in the value of cryptocurrencies comes at a time when institutional interest in them is surging

Cryptocurrencies slide as market selloff deepens

Prices of cryptocurrencies plunged today as concerns over the spillover risk to the global economy from Chinese property group Evergrande's troubles rippled over to wider markets.

Business • 20 Sep 21

Stocks and shares were the most popular investment option, the research shows

11% of investors hold crypto-assets, including Bitcoin

Most investors are 'going digital', with new research revealing that 56% of those surveyed make investments online.

Business • 16 Sep 21

The 400 bitcoins were trading at around $21 million, according to the cryptocurrency exchange app Gemini

Bitcoin becomes legal tender in El Salvador

El Salvador has become the first country in the world to accept bitcoin as legal tender, despite widespread domestic scepticism and international warnings of risks for consumers.

World • 07 Sep 21

Bitcoin rose back above $50,000 today for the first time since May

Bitcoin jumps above $50,000 for first time since May

Bitcoin rose back above $50,000 today for the first time in three months after supportive news from payments giant PayPal and cryptocurrency platform Coinbase.

Business • 23 Aug 21

Investors said bitcoin was likely to test the $28,600 level touched last month, its lowest since early January

Bitcoin falls below $30,000 for first time in a month

Bitcoin fell today to its lowest in almost a month, slumping below $30,000 as regulators continued calls for tighter checks on cryptocurrencies.

Business • 20 Jul 21

Bitcoin, the largest cryptocurrency, fell more than 6% last month

Cryptocurrency trading volumes slump 40% in June

Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed today, with a regulatory crackdown in China and lower volatility among the factors depressing activity.

Business • 12 Jul 21

A Bitcoin ATM at a shopping centre in San Salvador

Bitcoin to become legal tender in El Salvador on Sept 7

El Salvador's President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender will take effect on September 7, noting that its use will be optional.

Business • 25 Jun 21

Bitcoin regained some ground today after falling over 10% yesterday

Bitcoin sinks below $30,000 as China crackdown deepens

Bitcoin regained some ground today, a day after touching a two-week low after China's central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Chinese residents.

Business • 22 Jun 21

Market players have cited jitters over China's expanding crackdown on bitcoin mining in thin liquidity for its latest losses

Bitcoin tumbles 10% amid deepening China crackdow

Bitcoin tumbled almost 10% today as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing jitters over China's expanding crackdown on bitcoin mining in thin liquidity for the losses.

Business • 21 Jun 21

Bitcoin has gyrated to Elon Musk's views for months since Tesla announced a $1.5 billion bitcoin purchase in February

Bitcoin hits $40,000, Musk says Tesla may use it again

Bitcoin climbed to over $40,000 today, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it.

Business • 14 Jun 21

El Salvador is the world's first nation to adopt a cryptocurrency

El Salvador approves law to make bitcoin legal tender

The Congress of El Salvador has approved a law that will classify Bitcoin as legal tender in the Central American country, its president said, making it the world's first nation to adopt a cryptocurrency.

World • 09 Jun 21

Friday's fall pushed bitcoin below its 20-day moving average to $37,710

Musk 'trolling' puts brakes on bitcoin's rebound

Bitcoin slipped by more than 5% on Friday after Tesla boss Elon Musk was at it again - this time firing off a few tweets that appeared to lament a breakup with the cryptocurrency.

Business • 04 Jun 21

Bitcoin is down 30% this month, and has lost over 37% from its record high of almost $65,000 hit in April

Bitcoin reclaims $40,000 as crypto volatility lingers

Bitcoin climbed back above $40,000 today for the first time this week, as recent volatility in the cryptocurrency market showed few signs of dampening down.

Business • 26 May 21

HSBC said it has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers

HSBC chief executive says Bitcoin 'not for us'

HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its chief executive Noel Quinn told Reuters.

Business • 24 May 21

Bitcoin had hit a high for the year of $64,895.22 on April 14

Explainer: Why Bitcoin is down 50% from year high

It has been a rough few days for the cryptocurrency market, as China stepped up efforts to crackdown on crypto mining and trading.

Business • 24 May 21

Bitcoin had held above the $40,000 mark for most of the Asian and London sessions

Bitcoin tumbles as China signals mining crackdown

Bitcoin dropped after China's Vice Premier Liu He said his government will crack down on the virtual currency's mining and trading activities.

Business • 21 May 21

Bitcoin plunged 14% yesterday to its lowest level since late January

Bitcoin's star backers help cryptos recover

Bitcoin recovered marginally today from the previous session's brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and unease over massive leveraged positions in the cryptocurrency world.

Business • 20 May 21

Banking and Payments Federation Ireland said victims tend to be cold called, or lured by pop-up ads on social media

Cryptocurrency scams on the rise, BPFI warns

The banking industry's representative association, Banking and Payments Federation Ireland, is warning that cryptocurrency investment scams are on the rise, with some consumers being conned out of up to €50,000.

Business • 20 May 21

Bitcoin is now down over 40% from a record high of $64,895 hit on April 14

Bitcoin plunges: A bust or a buy?

Cryptocurrencies that seemed to be defying gravity just weeks ago came back down to earth with a bump today, after a roller-coaster ride which could undermine their potential as mainstream investments.

Business • 19 May 21

Musk has boosted crypto markets with his enthusiasm for the asset class

Bitcoin hits 3-month low and then rallies on Musk tweet

Bitcoin rallied from a three-month low today in a volatile session that saw investors initially selling and then buying cryptocurrencies in the wake of Tesla boss Elon Musk's tweets about the carmaker's bitcoin holdings.

Business • 17 May 21

Bitcoin is down about 13% this week, while Dogecoin has soared 25%

Dogecoin leaps and bitcoin retreats after Musk tweets

Bitcoin was heading today for its worst week since February, while dogecoin leapt by a quarter, as the latest tweets on cryptocurrencies from Tesla boss Elon Musk sent the digital coins on a wild ride.

Business • 14 May 21

US Federal Reserve officials said there would be no 'imminent' move to tighten monetary policy in the world's biggest economy

US Fed seeks to calm inflation fears, world stocks up

Stock markets across the world have been taking a bit of a hammering this week, amid worries that US inflation is set to rise.

Business • 14 May 21

Tesla CEO Elon Musk has said the company will no longer accept bitcoin for car purchases

Tesla's Musk halts use of bitcoin for car purchases

Tesla will no longer accept bitcoin for car purchases, chief executive Elon Musk has said, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency.

Business • 13 May 21

Dogecoins are now cumulatively worth $88 billion, compared to bitcoin's $1 trillion

Dogecoin soars 40% to all-time high

Meme-based virtual currency Dogecoin has soared to an all-time high, extending its 2021 rally to become the fourth-biggest digital coin.

Business • 05 May 21

Sotheby's is to accept bitcoin and ethereum as payment for Banksy's iconic artwork 'Love is in the Air'

Sotheby's to accept bitcoin,ethereum for Banksy auction

Sotheby's said today it would accept bitcoin and ethereum as payment for Banksy's iconic artwork "Love is in the Air", a first for a physical art auction and the latest sign of growing mainstream acceptance of cryptocurrencies.

Business • 04 May 21