Bitcoin on a tear, takes investors by surprise
11 August 2019 | 3:24 pm
Bloomberg Opinion columnist Lionel Laurent discusses the recent comeback of Bitcoin. He appears on "Bloomberg Surveillance."
23 Feb 2021
Bitcoin has soared to kick off 2021, hitting a milestone of $1 trillion in market value. The cryptocurrency is gaining increasing mainstream credibility, but critics say it's still of little practical use to most consumers. We take a closer look. Also, Boeing recommends that airlines ground certain 777 jets after an engine failure in the US over the weekend, while China's foreign minister calls for improved trade relations with Washington.
13 Mar 2021
Here is why you should pick up a copy of The Guardian on Sunday. Here are some of the stories to look out for when you grab a copy of The Guardian on the newsstands on Sunday.
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.
14 mins ago
Rihanna donates $15 million to climate justice through her Clara Lionel Foundation
47 mins 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.
1 hour 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.
1 hour ago
Two years ago, the Chinese city of Wuhan became the epicentre of the Covid-19 pandemic and its 11 million inhabitants were forced to stay home for 76 days. Today, not a single positive Covid-19 case has been reported in Wuhan for months and health rules there remain among the strictest in the country. Above all, authorities are focusing on their victory over the virus. According to the official version of events, the virus did not even originate in Wuhan but was imported from abroad. Our correspondents report.
2 hours ago
The Nigerian government had previously planned to phase out the gasoline subsidy program, calling it "unsustainable." Despite being Africa's main oil exporter, the country relies on importing petroleum products.
3 hours ago
The West still doesn't know why war in Ukraine might happen, but it increasingly seems like it's happening. Kiev is trying to keep calm and rally support while being surrounded on three sides and being the recent victim of a cyberattack that feels like a dry run. Meanwhile, NATO countries are sending weapons and advisors while deploying fresh troops elsewhere in Eastern Europe. But that's small compared to the 100,000-plus forces amassed by Moscow.