Bitcoin is becoming an official currency in El Salvador, and the markets and crypto exchanges seem to be struggling. On Tuesday morning, the price of Bitcoin plunged from around $50,000 down to under ... ( read original story ...)
Crypto Flash Crash Wipes Out $400 Billion In Market Value On Bitcoin Day Before El Salvador’s President ‘Buys The Dip’
The cryptocurrency market posted staggering losses Tuesday as a wave of selling pummeled the prices of nearly every single coin—unraveling the gains priced in by a retail trading mania ahead of El ... ( read original story ...)
Cryptocurrency Price Check: Prices Slide as El Salvador Goes Crypto
Cryptocurrency prices are falling while El Salvador becomes the first country to adopt bitcoin as legal tender. ( read original story ...)
Bitcoin briefly nose dives 18%, dogecoin tumbles 30% and market stages wipeout as El Salvador makes crypto legal currency
Crypto markets experience a momentary tumble Tuesday, resulting in some of the most popular digital-assets registering double-digit losses until staging ... ( read original story ...)
Bitcoin and ether plummet 17% as broad sell-off batters crypto on the day El Salvador adopts bitcoin as legal tender
The sell-off in bitcoin and ether spilled over to popular altcoins on Tuesday, with cardano, dogecoin, and litecoin all plunging. ( read original story ...)
Coinbase falls 6% amid service outages as crypto sell-off spurs heightened market activity
We're aware transactions are currently delayed or cancelled at elevated rates and our apps may be experiencing errors,' Coinbase tweeted. ( read original story ...)
Bitcoin in El Salvador sparks crypto currency debate
El Salvador's adoption of bitcoin as legal tender, the first country to make the move, was greeted with a bout of volatility for the world’s largest cryptocurrency. Prices slipped to the $47,000 level ... ( read original story ...)
Furious Coinbase users report access problems as bitcoin and other crypto prices plummet
But to many investors’ agony, in the midst of the massive dip—and the inevitable panic sell-off that came with it—popular crypto trading platform Coinbase was down as well. Users on social media ... ( read original story ...)
Japan calls for $270b-plus stimulus package
Japan’s former foreign minister Fumio Kishida, a strong contender to become next prime minister, has called for a package of more than 30 trillion yen ($273 billion) to cushion the blow from the ... ( read original story ...)
I fell for a crypto scam on a dating app and lost $507. Then I learned I’m not the only one. Here’s what happened.
A Tinder match urged a man to put hundreds into a new Chinese coin. He later saw a Reddit thread of others describing it as a scam. ( read original story ...)
Crypto poses systemic risks that need swift remedy
Cryptocurrency businesses are getting big enough to have their problems spill over into the broader financial system. Yet U.S. regulators aren’t keeping up. U.S. Securities and Exchange Commission ... ( read original story ...)
Cryptocurrency Price Check: El Salvador Goes Crypto
Cryptocurrency prices are falling while El Salvador becomes the first country to adopt bitcoin as legal tender. ( read original story ...)
‘Be prepared to lose all your money’ buying crypto tokens pushed by Kim Kardashian and other influencers, warns U.K. regulator
The Financial Services Authority's chairman, Charles Randall, cautioned that “some influencers promote coins that turn out simply not to exist at all. ( read original story ...)
El Salvador buys $21 million in Bitcoin as crypto law kicks in
El Salvador purchased about $21 million worth of Bitcoin on Monday. The crypto purchase comes as a new law, passed in June, took effect Tuesday, allowing residents to use the cryptocurrency as legal ... ( read original story ...)
El Salvador recruits Mike Novogratz-backed crypto unicorn BitGo to code its official bitcoin wallet
The crypto unicorn, backed by billionaire Mike Novogratz, provided the Chivo wallet's programming interface and security platform. ( read original story ...)
Japan’s PHC, formerly Panasonic Healthcare, announces US$1.8 billion IPO
TOKYO: Japanese medical device maker PHC Holdings Corporation, formerly Panasonic Healthcare, will list on the Tokyo Stock Exchange on Oct 14 in an initial public offering worth up to 197.7 billion ... ( read original story ...)