Bitcoin’s volatility: What you need to know
By DW
23 June 2021 |
3:44 pm
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.
Related
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.
27 Oct 2021
Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?
27 Oct 2021
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
8 Nov 2021
Bar owner Mohamed Lamin Mansaray told everyone to run away from his bar just before a fuel tanker exploded following a traffic collision, killing at least 99 people and injuring hundreds more on Friday (November 5) in Sierra Leone.
The explosion destroyed Mansaray's business killing a staff member and destroying his home, which he had built for himself and his 10 family members.
"We are getting into festive season....I have just purchased a brand new musical set, lots of drinks from the Sierra Leone brewery and chairs that worth about Le 270,000,000 (24,700 USD). Property that I have lost and one of my staff died”, said Mansaray while pointing at what is left of his business.
25 Dec 2021
2021 brought big changes to households and businesses around the world. In the last show of the season, Stephen Carroll and Kate Moody take a look at some of the biggest business and economic stories of the year and how they might evolve in 2022.
31 Dec 2021
Find these stories and much more when you grab a copy of The Guardian on Saturday.
15 Jan 2022
Nicaraguan President Daniel Ortega is poised to win a fourth consecutive term in Sunday's presidential elections. But there's mounting pressure from the US and the EU who are using economic sanctions to promote change.
15 Jan 2022
China will have 6.5 million more affordable rental housing units during the 14th Five-Year Plan period (2021-2025), an official of the Ministry of Housing and Urban-Rural Development said on Tuesday.
24 Jan 2022
Marie-Hélène Poisson is the only craftswoman to be entirely dedicated to Boulle work. This French technique, invented at the end of the 17th century, consists of inlaying antique furniture with decoration made of brass or tortoiseshell. Marie-Hélène learned the trade from her father and is now passing it on to her daughter. The future of Boulle inlay is safe in their hands. FRANCE 24 takes you to the town of Vendôme, in France's Loir-et-Cher region, for a closer look at this special craft.
10 Feb 2022
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.
9 Feb 2022
The price of Bitcoin dipped in early trading on Wednesday, after the US Justice Department announced it had arrested two people and seized Bitcoin worth $3.6 billion that was stolen from the exchange Bitfinex in 2016. The investigation is being closely watched by players in the cryptocurrency sector as to how investigators are tracking criminal activity involving the tokens. Also today, we report on protests in Argentina against the latest agreement with the International Monetary Fund.
24 Feb 2022
Find these stories and much more when you grab a copy of The Guardian on Friday.
Latest
1 hour ago
Aid, personnel and equipment is arriving from around the world following the devastating earthquakes that have killed over 2,000 people in Turkey and Syria.
1 hour ago
"Clan wars are what damage our communities the most," young men and women of the Muslim part of Mindanao tell DW. Conflict between families is driving intergenerational conflict and preventing girls from going to school.
4 hours ago
US oil company ExxonMobil recorded a net profit of $56 billion last year, beating its previous 2008 record. It benefitted from a surge in prices following the Russian invasion of Ukraine and a cost-cutting drive during the pandemic.
4 hours ago
Getting enough sleep is essential to good health, but millions of people struggle with it. As a result, many of us turn to calming music in the hopes that it will lull us to sleep.
4 hours ago
Australia will replace the portrait of Queen Elizabeth II on its $5 banknote with a new design to reflect and honor the history of its Indigenous culture. King Charles III will feature on Australian coins, though.
4 hours ago
Women in low-income communities in India learn how to use energy efficiently. It’s a win-win for the climate as well as the household budget. For many it is the first time they understand the connection between fossil fuels and global warming.