Bitcoin slumps to lowest level since January
09 May 2022 | 10:50 am
The value of the world's biggest cryptocurrencies have been sliding in line with global markets, in particular the tech-heavy Nasdaq.
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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.
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The war in Ukraine is having a drastic impact on Africa. Prices for wheat, gas and gasoline are at record highs. Crisis regions could see things get worse than they already are.
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The Ukrainian resistance in Irpin played a key role in holding off the Russian advance on the capital Kyiv during the first few weeks of the war. But the middle-class commuter town paid a heavy price. More than 300 civilians were killed and tens of thousands fled. Now, more than a month after the Russian withdrawal, residents are beginning to return to try to rebuild their lives. Reconstruction is slowly getting under way, but an estimated €800 million is needed to build new homes. FRANCE 24's Nadia Massih, Bastien Renouil and Raïd Abu Zaideh report from Irpin.
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People in Germany consume an average eleven kilos of chocolate each per year. But few think about the conditions under which cocoa beans are farmed. Child labor has been a problem for decades. But why? And what can be done about it?