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World shares dipped on Friday as investors awaited progress towards more US fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record...
Inayat-ur-Rahman, Gulf Today Bitcoin recently exceeded the $23,000 mark – an all-time high – which has set the global investment community buzzing. Ethereum, the world’s second largest cryptocurrency by...
A global chip shortage is choking the production of machines used to ‘mine’ bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge...
Gulf Today Report Bitcoin traded at $33,365 in Asia on Monday, as investors forecast it as the upcoming mainstream asset. Since mid-March, bitcoin has surged to about 800%. Its...
Inayat-ur Rahman, Deputy Business Editor Bitcoin recently exceeded the $23,000 mark – an all-time high – which has set the global investment community buzzing. Ethereum, the world’s second largest...
Gulf Today Report Bitcoin gained on Thursday, setting a record-high smashing a $20,000 milestone for the first time. As at 08:33 GMT, the crypto-currency rose by 6.5% to $22,765....
World shares rose to just below record peaks on Tuesday after factory surveys boosted expectations of a recovery from the COVID-19 downturn, with drugmakers seeking fast approval for vaccines and...
Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in Bitcoin...
A rising number of central banks (CBs) are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed, as...
Bitcoin slumped more than 10 per cent over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook’s planned Libra digital...