bitcoin

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SMI Vantage to set up Bitcoin mining business in Sarawak

The new machines and lower cost of electricity enables SMI Vantage to mine Bitcoin more cost-effectively.
Weak correlation between gold and Bitcoin despite the latter's safe-haven asset claims - THE EDGE SINGAPORE

Gold

Weak correlation between gold and Bitcoin despite the latter's safe-haven asset claims

The correlation between the two assets is not stable, the analyst says.
Is the crypto winter over? - THE EDGE SINGAPORE

Cryptocurrency

Is the crypto winter over?

Bitcoin’s gains this year have inspired suggestions that interest in cryptocurrencies is back. But is it true?
Bitcoin extends recent bout of volatility in climb back toward US$30,000 - THE EDGE SINGAPORE

Cryptocurrency

Bitcoin extends recent bout of volatility in climb back toward US$30,000

Some market watchers pegged the April 26 rally to the notion that the token is viewed as a hedge for US banking angst.

Cryptocurrency

Stanchart sees Bitcoin at US$100,000 by end of 2024

The recent banking sector crisis has helped to re-establish Bitcoin as a decentralised, trustless and scarce digital asset
Bitcoin climbs past US$30,000 for first time since June 2022 - THE EDGE SINGAPORE

Cryptocurrency

Bitcoin climbs past US$30,000 for first time since June 2022

To be sure, the crypto industry is still facing immense scrutiny
Bitcoin becomes best-performing asset class in first quarter after gaining 70% - THE EDGE SINGAPORE

Cryptocurrency

Bitcoin becomes best-performing asset class in first quarter after gaining 70%

The growth vastly outstrips the S&P 500’s 5.5% year-to-date advance.

Cryptocurrency

DBS Digital Exchange reported 80% growth in Bitcoin trading volume in 2022

Overall, the exchange observed a nett buy position with its customers throughout the second half of the year.
2023 for crypto: Deep freeze, recovery or rocket? - THE EDGE SINGAPORE

Cryptocurrency

2023 for crypto: Deep freeze, recovery or rocket?

Bitcoin will rise to US$36,000 by March 2024 before soaring to US$149,000, says one crypto investment firm.
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