Bitcoin finds stable footing as regulatory fears subside
13 February 2018 | 4:30 pm
Bloomberg's Camila Russo discusses Bitcoin's rebound and regulatory concerns subsiding.
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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?
19 Jul 2021
The US sanctions target officials from China's Hong Kong liaison office, which seeks to promote Chinese influence in the partly autonomous city.
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.
26 Jul 2021
Managers in Germany are not feeling overly optimistic about the coming months, a major business confidence barometer shows. Two major concerns are clouding their outlook.
16 Aug 2021
Twitter founder Jack Dorsey has claimed that Bitcoin will "unite the world".
6 Sep 2021
In an effort to stem incidences of business failures in the corporate polity, H. Michael & Co. founder Dr. Adeyinka Hassan in commemoration of its 10th anniversary put together a conference tagged: Corporate Governance and Enterprise Development Conference. The well-attended conference examined the imperatives of corporate governance for the success of business enterprises in Nigeria, creating economic stability and business sustainability.
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.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
After a White supremacist killed 10 Black residents of Buffalo, New York, various op-ed pieces in major American newspapers show that both Republicans and Democrats are accused of exploiting racial violence for political gain. We also take a look at Democratic candidate John Fetterman's landslide victory in a Senate primary election in Pennsylvania. We end with a public service announcement on the dangers of popping champagne (or prosecco) after shaking the bottle!
1 day ago
Japan's GDP fell at an annualised rate of 1 percent in the first three months of this year as the Omicron variant of the coronavirus hampered consumer spending. Rising commodity prices also weighed on businesses in the world's third-largest economy. Plus, as unemployment remains stable in France at 7.3 percent, a steelworks factory in the northern city of Dunkirk is offering a cash bonus to employees to encourage them to recruit family members.
1 day ago
A renounced Al Jazeera journalist was killed last week during an Israeli raid in the West Bank. Shireen Abu Akhleh was wearing a flak jacket with the word "press" clearly marked. Israelis and Palestinians have traded blame over who fired the fatal shot, while Israel has opened an investigation into heavy-handed police tactics used during Abu Akleh's funeral procession, which almost caused her coffin to fall to the ground. We get analysis with Sherif Mansour, Middle East and North Africa Program Coordinator at the Committee to Protect Journalists.
1 day ago
In a UN Security Council briefing, Jeanine Hennis-Plasschaert said the streets in Iraq could "boil over" if political leaders were unable to end a political stalemate that has gripped the country for over seven months.
1 day ago
As the 75th Cannes Film Festival gets underway, FRANCE 24's Olivia Salazar-Winspear brings us a glimpse of what its opening ceremony will involve, including a Palme d’Honneur for Forest Whitaker. We also take a look at the composition of this year’s jury, with French actor Vincent Lindon shepherding an artistic team who'll assess the features competing for the Palme d’Or. Plus we get a preview of the opening film "Final Cut", in which director Michel Hazanavicius declares his love for genre movies in a lighthearted French parody of a zombie horror slasher.