The turmoil is a good time for investors to rebalance their portfolios
Gucci, owned by Kering SA, will initially accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Dogecoin and Shiba Inu
Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates
Bitcoin has been struggling along with risk assets in recent months
Bitcoin miners had been flocking to Texas for its low electricity prices and liberal regulations on crypto mining
Demand for call options that give the right to buy the cryptocurrency in the future has climbed this month as Bitcoin’s spot price rallied
The coin has added 15 per cent over the past week
Bitcoin is well above its 50-day moving average, which currently sits around $41,085
Bitcoin had spent the past few days mired in the tightest trading range since October 2020
Customers will be able to complete online transactions by paying in Bitcoin, Ethereum and over 35 altcoins directly through Stella Stays’ website
The UAE has been one of the most welcoming regions to establish cryptocurrency trading agencies and other cryptocurrency verticals
Investors may have more visibility around cryptocurrencies in the years ahead, notes Bloomberg Opinion columnist Nir Kaissar
Adam Farthing, chief risk officer for Japan at crypto trading firm B2C2, said Bitcoin could “de-link from risk”
The largest cryptocurrency dropped as low as $36,831 on Tuesday morning
Analysts have noted that cryptocurrencies have lately been moving in tandem with other riskier assets
The alternative coins’ use surged partly as more businesses have begun using stablecoins for cross-border payments
The largest cryptocurrency by market value rose as much as 3.1 per cent to $44,001 on Wednesday
Bitcoin has surged more than 500 per cent since the end of 2019
The swings in cryptocurrencies come amid a volatile period for financial markets
Bitcoin’s gains for the year remain impressive
Combined with the plethora of existing interview footage featuring many notable figures, scammers have developed a formula that adds legitimacy to their efforts
October’s launch of two Bitcoin futures ETFs marked a major milestone for the industry
At the end of August, America accounted for 35.4 per cent of the global hash rate
Central Bank digital currencies built around Bitcoin-like technologies that promote transparency offer potential for positive outcomes
Authorities said crypto transactions in China are banned and they will root out mining of digital assets
Bitcoin, Ethereum, Bitcoin Cash, and Litecoin are among the four major cryptocurrencies accepted by SFM
Bitcoin has recovered after trading in a range of about $30,000 to $40,000 for many weeks
The world’s largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows
Other tokens like Binance Coin, Cardano, XRP and Dogecoin are also rallying
The declines put Bitcoin back in the top end of a $30,000 to $40,000 trading range