Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from October as it works to comply with new rules on crypto promotions. Britain's financial regulator is due to bring in tougher rules to limit how crypto is advertised to British consumers, including requiring crypto firms to carry warnings about the risk and scrapping "refer a …
New York CNN Business — Bitcoin is up more than 600% over the past 12 months — a stellar ride — yet owning the asset is fraught with risks including wild swings in cryptocurrency prices. Others include Galaxy Digital, the cryptocurrency investing firm run by bitcoin bull Mike Novogratz, a top bitcoin bank called Silvergate and bitcoin mining firm Riot …
Bitcoin on Monday reached an all-time peak of $19,864.15 breaking its prior record set nearly three years ago. The Bitcoin rose around 8 per cent taking its yearly rise past 150 per cent, as per data compiled by Bloomberg. "While circumstantial, price action really started picking up speed when the US woke up this morning, which could reflect buying pressure …
Bitcoin’s rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic. “The migration toward digital payments and digital representations of value continues to accelerate, driven by the Covid-19 pandemic and the increased interest in digital currencies from central banks and consumers,” the company said. …
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