cryptocurrency Archives - British Herald
February 25, 2021
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Bitcoin registers slump of 10%

LONDON (UK) – Bitcoin registered a slump of 10% on Thursday, a 10-day low, and went on to retreat further from record highs. This came as traders cited concerns of tighter US regulations. Considered to be the world’s most popular cryptocurrency, bitcoin was last down 7.5% at $32,779 after reaching as low as $31,977. After […]

Rising US yields curb bitcoin rally

SINGAPORE – In the wake of rising US bonds lifting the greenback broadly and hurting other safe assets that yield no income, cryptocurrencies slumped on Monday, with bitcoin falling more than 12% marking a one-week low. Bitcoin slumped as far as $33,447 and ethereum, which also moves along with bitcoin, witnessed a fall of 20% […]

India’s top court quashes RBI banking ban on cryptocurrency

MUMBAI- India’s Supreme Court overturned on Wednesday a central bank ban forbidding lenders to facilitate banking transactions for cryptocurrency exchanges and traders, removing a major hurdle for the development of the sector. In April 2018, the Reserve Bank of India gave entities it regulated three months to snap all banking relationships with individuals or