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SEC concerns see US firms ditch Bitcoin ETF plans

Two US companies ditched plans to launch bitcoin exchange-traded funds, (ETFs) citing ongoing concerns by the Securities and Exchange Commission (SEC).

David Burrows
Bitcoin slides as website drops S.Korea prices from virtual currency rates

(Adds comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Jan 8 (Reuters) - Bitcoin sank on Monday after website CoinMarketCap removed prices from South Korean exchanges from its calculations of digital currency rates without any warning, resulting in a steep drop in all virtual...

Cryptocurrency global financial connect
AlphaShark’s Keene makes 3 bold bitcoin predictions for 2018

AlphaShark’s CEO Andrew Keene has released his top three cryptocurrency predictions for 2018 and one of them includes bitcoin reaching a $25,000 zenith.

Claire Hunte
GN Store throws down gauntlet to Apple

Reuters - Denmark’s GN Store Nord is aiming to win a bigger slice of the rapidly growing market for wireless earbuds by introducing a new product challenging Apple’s popular Airpods.

James Hester
Bitcoin drops below $15,000 as South Korea reviews accounts

NEW YORK, Jan 8 (Reuters) - Bitcoin fell below $15,000 on Monday after South Korea's financial regulator said it and other agencies are inspecting six local banks that offer digital currency accounts to institutions. Bitcoin, the world's biggest virtual currency by market value,...

South Korea probes six banks over crypto services

Reuters - South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid concerns the increasing use of such assets could lead to a surge in crime.

James Hester

Cryptos sell off amid China worries

Cryptocurrencies were on the backfoot on Monday after China´s internet-finance regulator was reported to have asked local authorities to encourage bitcoin mining operations to undertake an “orderly exit” from the business.

James Hester
Electroneum rallies on XIUS partnership

Cryptocurrency electroneum surged by around 100% over the weekend after it agreed a deal with mobile and payments technology provider XIUS.

James Hester
Dogecoin now $2bn market cap but founder warns of crypto bubble

Dogecoin, the alternative cryptocurrency, at one time synonymous with silly dog photos, surged in value over the weekend and now has a market capitalization over $2bn.

David Burrows
Maduro says Venezuela will issue $5.9 bln in oil-backed cryptocurrency

By Fabian Cambero and Girish Gupta CARACAS, Jan 5 (Reuters) - President Nicolas Maduro said on Friday that Venezuela would issue 100 million units of its new oil-backed cryptocurrency in coming days, although it is unclear whether any investors will want to purchase the "petro" at a...

Bitcoin on electronic circuit board
Bitcoin sails above $16,000

Headlining virtual currency Bitcoin is up 10.36% at $16,442 at 10:16 UTC while Ripple fell -6.91% at $3.34 according to CoinMarketCap.

Claire Hunte
Cryptocurrency Ethereum hits $1,000 for the first time

Digital currency Ethereum has hit $1,000 for the first time in its history on the same day that the overall cryptocurrency market cap jumped past $770bn according to CoinMarketCap.

Alison Bloomer
Ripple digital currency
Ripple pushing out ethereum as main rival to Bitcoin

Ripple is rapidly establishing itself as the ‘go to’ digital currency after Bitcoin, having surged past ethereum and reaching a market cap of more than $100bn.

Richard Reed
Plus500 Offices in Matam
Plus500 shares rocket on Bitcoin boost

(Press Association) Shares in Plus500 have soared after the spreadbetting firm said it would outstrip expectations after reaping the rewards of the cryptocurrency boom.

Claire Hunte
Cryptomania returns as bitcoin rallies 15%

Bitcoin's second trading session of 2018 has seen the controversial cryptocurrency rise by as much as 15%. Ethereum, Ripple and the whole crypto complex appear to be enjoying something of a New Year bounce

Neil Dennis

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