Web
Analytics
The news is by your side.
Browsing Tag

Bitcoin

‘Bitcoin not a legitimate method of payment’

BEIJING: China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday. “We do not currently recognize Bitcoin and other digital currencies as a…

Bitcoin falls below $9,000 in latest slump

WASHINGTON: Bitcoin fell below $9,000 Friday afternoon to a daily low of $8,587, according to CoinDesk's Bitcoin Price Index. The latest fall is said to triggered by regulation fears. On Thursday, the US Securities and Exchange…

Bitcoin surges again after dramatic fall this year

NEW YORK: Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as its recovery continued after South Korea’s financial regulator eased its stance on cryptocurrencies, weeks after it…

‘Bitcoin has pretty much failed as currency’

LONDON: Bitcoin has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday. “It has pretty much failed thus far on ... the…