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Search Result for “cryptocurrency”

Showing 1 - 10 of 1,383

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INVESTMENT

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

Bloomberg News, Published on 09/05/2024

» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

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INVESTMENT

Asian shares powered by tech rally, yen revives

Business, Published on 04/05/2024

» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.

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GENERAL

Bitcoin slumps as Fed vows to keep rates steady longer

Business, Nuntawun Polkuamdee, Published on 03/05/2024

» Bitcoin tumbled to a two-month low of around US$57,000 after Federal Reserve chairman Jerome Powell remarked that interest rates are likely to stay higher for longer as the central bank tries to stamp out stubborn inflation.

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INVESTMENT

Bitcoin ETF discounts reach records after late-day selloff

Bloomberg News, Published on 02/05/2024

» NEW YORK - Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.

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GENERAL

Binance founder gets 4 months in US prison

Published on 01/05/2024

» SEATTLE - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange.

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THAILAND

Bitkub Chain, Bitget Collaborate on KUB Coin Listing

Published on 29/04/2024

» Bitkub Blockchain Technology, Thailand’s Blockchain Total Solution service, has announced the listing of KUB coin on Bitget, the 12th global cryptocurrency exchange (ranked as of 22 April 2024 by Coinmarketcap). This is the first time ever that KAP-20 has been traded on a global exchange. (Previously, they were available to trade on KAP-20 only on Bitkub Exchange).

THAILAND

Cryptominers rack up big B5m unpaid electricity bill

News, Post Reporters, Published on 29/04/2024

» An investigation into electricity theft from cryptocurrency mining has resulted in arrests and the seizure of over 650 crypto mining devices worth more than 200 million baht in Samut Sakhon and Ratchaburi, according to the police.

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GENERAL

Asian shares get lift from US tech results

Business, Published on 27/04/2024

» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.

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GENERAL

Hong Kong spot crypto ETFs to start trading next week

Published on 26/04/2024

» Hong Kong-listed spot bitcoin and ether exchange traded funds aim to start trading on April 30, three asset managers that provide the products said on Wednesday.

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GENERAL

US seeks to jail Binance founder

Published on 24/04/2024

» NEW YORK - Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, should serve three years in prison after pleading guilty to violating laws against money laundering, US prosecutors said on Tuesday.