Bitcoin drops to lowest in a month amid crypto volatility
30 January 2019 | 5:20 am
Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday.
13 May 2021
The price of Bitcoin took a tumble after Elon Musk said Tesla would no longer be accepting the cryptocurrency as a payment method. Musk raised concerns about the climate impact of Bitcoin mining.
13 May 2021
The electric carmaker Tesla, run by Elon Musk, has stopped accepting payments in Bitcoin, due to the environmental impact of the cryptocurrency. It's a major blow for supporters of Bitcoin, as Tesla's endorsement of it as a payment method in February was one of the factors which pushed its price to record highs. The price of Bitcoin slumped up to 11 percent in the hours after the announcement. Also today, Germany's financial regulator orders extra supervision of the online bank N26.
Stocks sink on inflation woes, as bitcoin plunges, Senate suspend plenary for constitution review
19 May 2021
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday
20 May 2021
China has said it will stop banks and payment firms from using cryptocurrenices, sending prices into a tailspin. Beijing's regulators warned that "speculation" was a threat to the financial system.
20 May 2021
The price of Bitcoin has seen more wild swings after a tumultuous week for cryptocurrencies. A selloff sparked by comments from Chinese regulators was followed by a tweet from Elon Musk on Wednesday that Tesla was holding on to its investment in Bitcoin, which sparked a rebound in prices.
26 May 2021
Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.
9 Jun 2021
Lawmakers have approved a law classifying Bitcoin as legal tender, making El Salvador the first nation to officially adopt a cryptocurrency.
12 Jun 2021
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.
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.
1 hour ago
On 27 January 2002, Lagos, Nigeria's commercial capital, witnessed one of the biggest disasters that have ever hit the state and country. 20 years after, the memory is still fresh. A continued blast at the military cantonment in Ikeja left many dead. The bulk of the victims did not die under the exploding shells. Most were hauled from canals into which they jumped or were driven - some still in their cars - by the huge crowds fleeing the shrapnel descending from the sky.
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Pro-junta protesters rally in Ouagadougou a day after a military takeover in Burkina Faso. Also, the head of the Confederation of African Football, Patrice Motsepe, blames Monday's fatal crush at the Africa Cup of Nations in Cameroon on an inexplicably closed gate. And Zimbabwe's main opposition leader Nelson Chamisa changes the name of his party ahead of elections. Our correspondents bring us the latest on all these stories and more.
3 hours ago
Manchester United striker Anthony Martial has officially joined Sevilla on loan until the end of the season.
5 hours ago
Rihanna donates $15 million to climate justice through her Clara Lionel Foundation
6 hours ago
Uganda wants to curb its borrowing and boost exports in sectors such as meat and dairy as the East African country lifts restrictions triggered by the coronavirus pandemic, President Yoweri Museveni, and government officials. Uganda's trade push follows several years of reduced Chinese lending to the continent and as programmes designed to offer relief to indebted countries as they recover from COVID 19-induced slumps start to expire.
7 hours ago
As myriad supply chain and logistics problems pose fresh challenges to the global recovery, the IMF has trimmed its 2021 growth outlook. Evan Quasney, Global Vice President Supply Chain Solutions, told DW the problem cannot be fixed quickly.