By John-Paul Ford Rojas Updated: 22:00 GMT, 4 December 2023 Gold spiked to a record high and bitcoin surged above $42,000 as global assets reacted to an attack on an American warship in the Red Sea and speculation about US interest rate cuts. On a day of wild swings on […]
Bitcoin
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A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing Rights LONDON/TOKYO, Dec 4 (Reuters) – The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks on bets that the Federal Reserve will soon be […]
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File photo Acquire Licensing Rights TOKYO, Dec 4 (Reuters) – Bitcoin has broken above $40,000 for the first time this year as it rides a wave of momentum on […]
The water consumed by a single bitcoin transaction could fill a small swimming pool Radharc Images / Alamy Buying or selling bitcoin uses 16,000 litres of clean water for every single transaction, which could exacerbate existing droughts around the world. While the energy consumption and carbon emissions produced by bitcoin […]
Bitcoin mining consumes massive amounts of energy, giving the asset a nasty reputation as a threat to the environment and an accelerator of climate change. A new United Nations report found cryptocurrency mining has extremely high costs in the form of astronomical amounts of water and land. The global water […]
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing Rights TOKYO, Oct 24 (Reuters) – The dollar softened against a basket of currencies on Tuesday, mirroring a dip in Treasuries yields as investors awaited key U.S. economic data before the Federal Reserve’s […]
By John Abiona Updated: 21:50 BST, 20 October 2023 Bitcoin rose above $30,000 for the first time since August as it took gains for the year to nearly 80 per cent. The cryptocurrency – which has swung wildly in value since its creation – peaked at nearly $69,000 in November […]
New York CNN — The value of crypto assets surged Tuesday after a US court cleared a path for the nation’s first bitcoin exchange-traded fund. The ruling is a breakthrough moment for crypto investors and a setback for the Securities and Exchange Commission, which has been trying to rein in […]