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Bitcoin plunges amid fears of wider int’l crackdown

By: Christopher Copper-Ind | 16 Jan 2018

The price of a unit of bitcoin fell more than 17% on Tuesday to $11,182 – its lowest value since 5 December. At one stage, the cryptocurrency…

DeVere Group unveils cryptocurrencies app

By: Helen Burggraf | 16 Jan 2018

The deVere Group, well-known for its claim to be the world’s largest independent financial advisory organisation, said today that it is introducing a new, “cryptocurrency app” for…

Bitcoin falls on announcement of S Korea trading ban

By: Christopher Copper-Ind | 11 Jan 2018

South Korea, one of the world’s biggest markets for bitcoin trading, announced today that it is drafting legislation to outlaw the practice. The popular cyptocurrency, which rose…

Gibraltar exchange hopes to rock with launch of cryptocurrency

By: Christopher Copper-Ind | 11 Jan 2018

The Gibraltar Stock Exchange (GSX) is planning to launch its own digital currency in February in a bid to capitalize on international enthusiasm for cryptocurrencies. A subsidiary…

China in crackdown on bitcoin mining

By: Christopher Copper-Ind | 11 Jan 2018

The short-lived bitcoin mining industry is already on the cusp of being shut down by Chinese authorities following concerns at the heavy demand the sector is placing…

Merrill Lynch joins roll-call of Wall St players banning bitcoin

By: Eugene Costello | 04 Jan 2018

Bank of America Merrill Lynch is the latest global financial player that has banned bitcoin buying across the firm, the Wall Street Journal has reported. The firm’s…

China to turn off cheap power for bitcoin mining

By: Eugene Costello | 04 Jan 2018

The latest threat to the future of cryptocurrencies in China comes not from direct regulation but from a nod and a wink from the central bank to…

Bitcoin stalls amid account freeze claims linked to Australian banks

By: Gary Robinson | 02 Jan 2018

Bitcoin has started the year on the back foot with a row about account freezing by Australian banks causing concerns and for the first time since 2015, it began…

Singapore cafe to take payment in plummeting bitcoin as regulators issue warnings

By: Eugene Costello | 22 Dec 2017

A cafe in Singapore has the distinction of the being the city-state’s first completely cashless outlet, and allows customers to pay in bitcoin as well as credit…

Bitcoin spark fizzles amid app issues and Asian market concerns

By: Gary Robinson | 22 Dec 2017

The price of bitcoin has plunged by almost 30% in a matter of days, its worst drop since 2013, following a series of issues with online cryptocurrencies and…

Opinion: Bitcoin is a derivative that could bring down the financial system

By: Richard Harris | 21 Dec 2017

“… we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.”  – Ben Bernanke, Federal Reserve Chairman,…

DeVere boss urges Bitcoin caution but continues to back further growth

By: Gary Robinson | 08 Dec 2017

The controversial Bitcoin investment revolution will continue to “see-saw in coming weeks” but cryptocurrency mania is set to grow, according to Nigel Green, founder and chief executive of…

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