Connect with us

Hi, what are you looking for?

Finance

Bitcoin is yo-yoing

Bitcoin continues to yo-yo after a particularly rough month ..

Bitcoin continues to yo-yo after a particularly rough month for the notoriously volatile cryptocurrency,

The price dipped back below $8,000 on Sunday morning after briefly surpassing $9,000 earlier on Saturday, the latter being a week high.

Bitcoin has lost more than half its value since hitting an all-time high of more than $19,000 at the end of last year.

Read more: Bitcoin is a bubble and a Ponzi scheme according to this top banker

The cryptocurrency has landed in the sights of regulators in recent weeks, dampening some of the appetite among investors.

Last week Lloyds became the first major bank in the UK to ban the buying of bitcoin with its credit cards. And Irish banks are the latest to be revealed to be monitoring the situation, following on from others in the UK.

An official from the ECB called it a gold rush with no gold, while finance heads in France and Germany called for a crackdown.

Original Article

[contf]
[contfnew]

CityAM

[contfnewc]
[contfnewc]

Finance

In an interview with ET Now, Dabur India Director Mohit Burm..

Science

The 147th Open championship will be at Carnoustie Golf Club in Scotland. Jan Kruger/R&A Golfers ..

Tech

Enlarge Oliver Morris/Getty Images) In response to an Ars re..

Tech

Enlarge/ You wouldn't really want to use Nvidia's ..