Cryptocurrency
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Traders skeptical as Bitcoin powers back over $50,000 after weekend turmoil
Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday’s sharp and sudden plung…
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Bitcoin tumbles 5% after bruising weekend
Bitcoin tumbled almost 5% on Monday as the start of the week offered little respite to the world’s largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value…
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Investors in anguish as Bitcoin extends downtrend, falls 12.1%
Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31.6% from the year’s high of $69,000 reac…
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Metaverse won’t be turning point in cryptocurrency adoption, investor Chesnais says
The growth of online virtual worlds will help advance the mainstream adoption of cryptocurrencies for payment transactions but it won’t be a game-changer, according to Frédéric Chesnais, chief execut…
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Trading platform generates $20m from investors in bid to bring crypto investing to mobile users
Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile phone users, said on Wednesday it has raised $20 million in capital from investors and from a…
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Australian crypto regulator says crypto investors are ‘on their own’ for now
Australia’s corporate watchdog said on Monday it was working with lawmakers to develop rules for digital currencies but warned many crypto assets remained unregulated for now, leaving investors in su…