Bitcoin


Japan sitting on digital currency edge but will it jump? 

Japan sitting on digital currency edge but will it jump? 

(ATF) Japan moved a step closer to creating its own central bank digital currency (CBDC) this week when its Ministry of Health, Labour and Welfare revealed it is looking into paying workers digitally.Having up until now taken a conservative approach to the implementation of a CBDC, Japan has in recent …

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Bitcoin plunges on China mining fears and concern about regulation

Bitcoin plunges on China mining fears and concern about regulation

(ATF) Bitcoin fell by over 15% before recovering some ground to $56,100 by late on Sunday April 18. The digital currency had been as low as $51,500 at one point in the day, or over 20% below the record of almost $65,000 seen last week just ahead of the direct …

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Coinbase settles at $86bn value on Nasdaq, bitcoin touches new record 

Coinbase settles at $86bn value on Nasdaq, helping bitcoin hit new record 

(ATF) Cryptocurrency exchange Coinbase made its public equity market debut on Nasdaq on Wednesday April 14 and closed the day at a value of $86 billion, after reaching $112 billion at one point. A listing that highlighted how digital assets are going mainstream helped bitcoin hit a new record price …

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Crypto sector tops $2 trillion in value despite scepticism

Crypto sector tops $2 trillion in value despite scepticism

(ATF) The cryptocurrency market is now worth a staggering $2 trillion as it increasingly attracts interest from big names on Wall Street despite widespread scepticism in mainstream financial services.The sector enters a new phase from Wednesday as digital currency exchange Coinbase prepares to list in New York, another landmark in …

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Coinbase's Nasdaq IPO to make cryptocurrency history

Coinbase's Nasdaq IPO to make cryptocurrency history

(ATF) Coinbase will make stock market history on Wednesday as the first company specialising in cryptocurrencies to launch an initial public offering (IPO). The company, with a valuation of as much as $100 billion, will begin trading on the Nasdaq under the ticker symbol COIN in a direct listing rather …

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China crypto sector battered by claims of fake sales, energy use

China crypto sector battered by claims of fake sales, energy use

(ATF) China's burgeoning cryptocurrency sector has taken a double blow this week as a leading short-seller called one of the country's most prominent players a scam and a new study said China could fail its energy emission goals due to coal-intensive bitcoin mining operations.US-based Hindenburg Research said on Tuesday it …

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Visa adds to crypto acceptance - but buyer beware

Visa adds to crypto acceptance - but buyer beware

(ATF) Bitcoin and other cryptocurrencies are looking likely to become a commonplace means of payment with credit card giant Visa saying it will allow the use of a digicoin in payments on its systems.But a look at the refund policies of the highest-profile adopter of bitcoin payments - Tesla Motors …

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India orders disclosure on all cryptocurrency dealings

India orders disclosure on all cryptocurrency dealings

(ATF) Despite its struggle to take a stand in regard to the crypto sector, India tweaked its corporate disclosure norms on cryptocurrency investments on Thursday indicating, say experts, that the government may not ban private cryptocurrencies after all.In February, India unveiled a set of new draft rules - the Cryptocurrency …

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Chinese investors now looking at rare earths as replacement for Bitcoin 

Chinese investors now looking at rare earths as replacement for Bitcoin 

(ATF) Rare earths could be a safer and even more lucrative investment than bitcoin now, some speculators have suggested.Surging prices for the constantly in-demand vital metals and minerals used in so many tech products should make them a more sensible target for investors, over the relatively unstable cryptocurrency, said a …

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Markets upbeat on recovery prospects

Markets upbeat on recovery prospects

HONG KONG: Asian markets were broadly higher on recovery hopes but Hong Kong and mainland China markets underperformed after the US SEC started a process that could force Chinese companies to delist from US exchanges if they did not comply with US auditing standards.But oil remained on edge as efforts …

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