Posts Tagged ‘Bitcoin’

Bitcoin adds market share as crypto winter turns to summer

PORTLAND • Bitcoin is proving to be the one true thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices.
As the ...

Bitcoin vaults above US$7,000 on crypto rally

SINGAPORE • Bitcoin jumped above the US$7,000 (RM29,190) level, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency ...

Bitcoin near US$6,000 as more institutions embrace tokens

By BLOOMBERG
MADRID • Bitcoin climbed to a fresh 2019 high, approaching the US$6,000 (RM24,900) level for the first time since November. The largest ...

Financier with oligarch ties starts crypto fund

By BLOOMBERG
LONDON • Gerald Banks, who has structured derivatives for Merrill Lynch & Co and managed part of a Russian oligarch’s sprawling ...

Bitcoin offshoot falls after exchange delisting

By BLOOMBERG
LONDON • Binance, the world’s largest digital-asset exchange, is delisting the token known as Bitcoin SV (BSV) amid a dispute with one of ...

Crypto lenders push no-tax perk of leveraging bitcoin for cash

The tax perk stems from a longstanding principle that assets aren’t taxed until sold, much like borrowing against stock holdings and IRS treats crypto ...

Crypto exchange Kraken sued by former trading desk manager

NEW YORK • A former employee of Kraken, one of the oldest bitcoin exchanges, is suing the crypto platform for allegedly failing to pay him for work he did. ...

Bitcoin hits fresh 2019 high on sudden rally

By BLOOMBERG
HONG KONG • Cryptocurrency traders may not know what caused the abrupt surge in bitcoin on Tuesday, but they’re going along for the ride ...

Bitcoin up to highest level since November

By BLOOMBERG
HONG KONG • Bitcoin climbed suddenly yesterday to the highest level since November, leading a surge in virtual currencies and ending three ...

Kakao’s crypto unit raises RM368m in private coin offering

TOKYO • Kakao Corp’s crypto unit raised US$90 million (RM368 million) through a private coin offering and is planning another round targeting a similar sum ...

Asset-backed cryptocurrency — a blockchain regulatory mechanism

A law to ensure only that amount of cryptocurrency can be in circulation by a company for which it has sufficient backing of physical assets should be ...

Crypto exchange takes on behemoths with physical bitcoin futures

CoinFLEX will offer futures contracts for bitcoin, bitcoin cash and ethereum that can be leveraged up to 20 times
LONDON • The contest is heating up to ...