Bitcoin steadied after snapping a rare 14-day winning streak as a mood of caution supplanted the risk appetite that drove up a variety of assets at the start of the year. On Thursday, the biggest token fluctuated between gains and losses; at of 12:50 p.m. in Singapore, it was up around 0.2 percent at $20,813. […] Read more
DUBAI, United Arab Emirates — Iran’s government announced a ban on the mining of bitcoin and other cryptocurrencies, the country’s president, Hassan Rouhani, announced Wednesday, as officials blame the energy-intensive process for blackouts in a number of Iranian cities. The ban is effective immediately and will be in place until Sept. 22, Rouhani told state TV, in […] Read more
LONDON — Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the digital token of the Ethereum blockchain, rose to an all-time high of $4,196.63 at 12:15 p.m. ET, according to Coin Metrics. It now has a total market value of $483.4 billion, less than […] Read more
Thinking of investing in a cryptocurrency? Be prepared to lose all your money. That’s the message from the U.K.’s Financial Conduct Authority, which on Monday warned investments and lending products related to crypto come with “very high risks.” “The FCA is aware that some firms are offering investments in cryptoassets, or lending or investments linked […] Read more
