bitcoin rally

Bitcoin is nursing losses after its worst weekly plunge in almost a year and on one view its longer term outlook could be even worse because of environmental concerns and tightening regulations.

Bitcoin slid Feb 23 after a bout of volatility highlighted lingering doubts about the durability of the token’s mesmerising rally.

Bitcoin reached another record, coming ever closer to US$50,000, as the world’s largest cryptocurrency extends its breathtaking rally.

Crypto-exchange Gemini has announced a big localisation drive in Singapore as it seeks to build a customer base in the Asian financial centre.

Bitcoin’s recent wobbles have turned the cryptocurrency spotlight onto other digital coins including Ether, whose gain this year has outstripped the performance of its bigger rival.

Bitcoin’s recent wobbles have turned the cryptocurrency spotlight onto other digital coins including Ether, whose gain this year has outstripped the performance of its bigger rival.

The white-knuckle Bitcoin ride took another twist Monday as a two-day tumble in the digital currency stoked concern that the polarising cryptocurrency boom may run out of steam.

It was another day of euphoria for Bitcoin boosters and the options-slinger set as virtually all their favorite things launched skyward.

Bitcoin has the potential to reach US$146,000 in the long term as it competes with gold as an asset class, according to JPMorgan Chase & Co.

Bitcoin fizzled in Monday trading as the famously volatile cryptocurrency pulled back after a spectacular new-year rally.