Bitcoin beliefs: Jamie Dimon and Mike Novogratz
10 January 2018 | 1:45 pm
After bitcoin rallied as much as 350%, JPMorgan Chase CEO Jamie Dimon now says he regrets saying bitcoin is a fraud while famed Wall Street trader Mike Novogratz has laid out plans for a crypto merchant bank described as the 'Goldman Sachs of Crypto' according to a person familiar.
In this article
21 Jun 2021
Chinese authorities have told all crypto mining to stop, citing speculation risk and power consumption concerns. The move has hurt the share prices of Bitcoin and others.
23 Jun 2021
The price of Bitcoin dropped below the all-important $30,000-mark after China made several moves to rein in the cryptocurrency. The fall could trigger a sell-off, but experts say China isn't as important as it once was.
28 Jun 2021
What's up with Bitcoin? It's down, dropping to its lowest level since January after China announced a crackdown on cryptocurrency mining. Is it, as stated, about going green and cooling it in the nation that's home to an estimated two-thirds of the energy-sucking giant computer servers that create virtual currencies? Or is it about reining in a cottage industry that is out of not only Beijing's control, but that of central banks and regulators the world over?
23 Jul 2021
Malaysian police have hit on a novel way to dispose of more than 1,000 bitcoin-mining machines seized in raids -- crushing the devices using a steamroller. Authorities on Borneo island discovered the machines, worth an estimated 5.3 million ringgit ($1.25 million), in crackdowns between February and April, and say they were powered using stolen electricity.
12 Aug 2021
A big jump in sales has prompted US grill manufacturer Weber to go public on the New York Stock Exchange — but prospects for sustained growth may not be as hot as they seem.
16 Aug 2021
Twitter founder Jack Dorsey has claimed that Bitcoin will "unite the world".
11 Sep 2021
El Salvador has become the first country in the world to make Bitcoin legal tender, despite surveys showing widespread scepticism about the move. The government has invested more than $20 million in the cryptocurrency in recent days, saying it will open up access to banking for many Salvadorans. Bitcoin will be accepted for payments in parallel with the US dollar. Also today, millions of Americans have lost their unemployment benefits as several pandemic-era welfare programmes have expired.
11 Sep 2021
The value of Bitcoin has plunged by more than 10 percent after El Salvador on Tuesday became the first country in the world to accept the cryptocurrency as legal tender. The launch was marred by protests and technical difficulties with the digital wallet app, which had to be taken offline for several hours. Also today, we report on tourism businesses in the southwest of France that have benefitted from the recent spell of good weather, which has prolonged their summer season.
8 Sep 2021
El Salvador has become the first country in the world to adopt bitcoin as legal tender. The government says the cryptocurrency will save people money, but many residents are skeptical.
10 Sep 2021
On 7 September 2021, El Salvador became the first country to embrace bitcoin as legal tender. Consumer demand saw its brand-new cyber wallet system crash on its first day of use as the currency's value seesawed against the US dollar. While thousands of Salvadorans are already using the cryptocurrency for everyday transactions, hundreds have taken to the streets to protest with concerns about the safety and legitimacy of the cyber currency.
16 Oct 2021
Thousands of Salvadorans march in San Salvador against the use of bitcoin in the economy and against a decree that ordered the dismissal of a third of the nation’s judges.
18 Oct 2021
In the quiet Texas town of Rockdale, North America's largest bitcoin mine is part of an already bustling US business now boosted by Beijing's intensified crypto crackdown that has pushed the industry west.
1 hour ago
Military reservists are threatening to stop reporting for duty if Israel goes ahead with its judicial reforms. The unprecedented military protests underscore the growing opposition to the legal overhaul.
1 hour ago
To mark French Language and La Francophonie Week, we head across the Atlantic to New Orleans in Louisiana. Located on the banks of the Mississippi, it's the most French of American cities. Some want to preserve New Orleans' rich colonial heritage.
1 hour ago
Protests erupted in several cities a day after President Emmanuel Macron doubled down on raising the pension age. Worker strikes shut down transport, while protesters blocked highways and other infrastructure.
3 hours ago
Berlin's Bode Museum is juxtaposing sculptures from the Middle Ages with contemporary Ukrainian art, including an image of a mother and her child taking refuge from war.
3 hours ago
The alcohol sector is lobbying against potential tax hikes in Vietnam, while the government's ear is being bent. But at what cost to public health?