Bitcoin is becoming a safe haven asset, CoinList President says
28 September 2019 | 8:24 am
Andy Bromberg, CoinList co-founder and president, discusses the drop in Bitcoin with Bloomberg's Romaine Bostick and Joe Weisenthal on "Bloomberg Markets: What'd You Miss?"
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.
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.
31 Dec 2021
Find these stories and much more when you grab a copy of The Guardian on Saturday.
3 hours ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
5 hours ago
Just one game is enough to change your fortunes in football, The Flying Eagles' 2-0 loss at the hands of Five-time winners FIFA U-20 World Cup winners Brazil is proof of that. Defeating hosts Argentina who have been in formidable form will be a tall order for Ladan Bosso's side and today, Ayomide Sotubo previews the game for The Nutmeg on Guardian TV.
5 hours ago
Since Turkish president Recep Tayyip Erdogan’s reelection on Sunday, videos purporting to show Muslims celebrating his victory at Al Aqsa Mosque in Jerusalem have been widely shared by Turkish media outlets online. So has a video showing people calling for Erdogan’s opponent, Kemal Kılıçdaroğlu to resign, outside the headquarters of his party. The videos themselves are not fake, but have been taken out of context, as we explain in this edition of Truth or Fake.
5 hours ago
As Sudan's warring generals make and break ceasefire agreements, tens of thousands of people continue to flee the country. People from the violence-stricken Darfur region in particular seek help — and hope — in Chad.
7 hours ago
Bangladesh is scheduled to hold general elections by January 2024 and the US says it wants them to be free of electoral manipulation and misconduct.
7 hours ago
Japan's prime minister hired his own son as his executive secretary late last year. Now he's forcing him to resign, after photos appeared of the of the 32-year-old partying in the official residence.