Cryptocurrency
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Bitcoin surges nearly 8% to $31,780
Bitcoin rose 7.93 % to $31,780.51 at 2200 GMT on Monday, up $2,334.8 from its previous close. The world’s biggest and best-known cryptocurrency is up 25.1% from the year’s low of $25,401.05 on May 12…
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Russia to legalise cryptocurrency as means of payment ‘sooner or later’ – minister
Russia will sooner or later legalise cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, suggesting that the government and central bank may be movin…
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G7 to discuss crypto-asset regulation, says French central banker
The regulation of crypto-assets is likely to be discussed at a meeting of Group of Seven finance chiefs this week in Germany, French central bank head Francois Villeroy de Galhau said on Tuesday. “Wh…
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Bitcoin set for record losing streak after ‘stablecoin’ collapse
Cryptocurrencies nursed large losses on Friday, with bitcoin back above $30,000 and but still set for a record losing streak after the collapse of TerraUSD, a so-called stablecoin, rippled through cr…
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Investors in anguish as Bitcoin crumbles below $30,000-mark
The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode. The overall global cryptocurr…
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Bitcoin falls to lowest since January, in line with tumbling stock markets
Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech sto…
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Central African Republic adopts bitcoin as an official currency
Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only the second in the world to do so. Despite rich re…
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Crypto firms seek clearer U.S. rules on their interest-bearing products
Cryptocurrency companies said they remain unsure of U.S. regulations governing products that allow customers to earn interest on holdings instead of trading them, months after such an interest-bearin…
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Twitter, Stripe pilot cryptocurrency payments for creators
Twitter Inc and digital payments processor Stripe Inc will pilot cryptocurrency payouts for select users of the social media site’s content monetization products, the companies announced on Friday. E…
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Crypto firm MoonPay raises $87m from Justin Bieber, Maria Sharapova, others
Cryptocurrency payments startup MoonPay has raised $87 million from more than 60 high-profile investors including singer Justin Bieber, rapper Snoop Dogg, tennis player Maria Sharapova and actor Bruc…