ARTICLES RELATING TO BITCOIN

Bitcoin has become an unlikely safe haven as global turmoil has rocked markets. But not everyone thinks that’s a good idea.

2019-08-20 11:32

"Bitcoin is harder to manipulate the circulating supply and that's why some people think its a safe haven."

Why bitcoin is heading back up (and down) again

2019-07-23 12:48

In 2018, trader Petri shared his expectations for bitcoin’s price movement. He now looks back at his thesis, explaining why we have seen greater fluctuations than predicted.

Bitcoin tumbles as Trump critique tests stellar run for 2019

2019-07-15 08:39

Bitcoin slumped in another large weekend move after US President Donald Trump’s criticism of cryptocurrencies late last week put the focus back on this year’s jump in prices.

Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory

2019-07-12 11:45

"Really almost no one uses bitcoin for payments, they use it as an alternative to gold," Powell said.

Bitcoin climbs to $10 000 as memories of crypto bubble fade

2019-06-24 10:33

Bitcoin breached $10 000 for the first time in about 15 months, recouping more than half of the parabolic increase that introduced mainstream investors to the digital asset before the bursting of the cryptocurrency bubble.

Bitcoin jumped b R14,000 overnight – and is looking comfortable above the $10,000 mark

2019-06-22 11:07

Crossing the $10,000 milestone means the cryptocurrency has recovered to more than half of its all-time high.

Bitcoin climbs to one-year high on Facebook crypto pact report

2019-06-17 18:11

Bitcoin climbed past $9,000, to its highest since May 2018, as reports that Facebook is due to unveil a digital currency added to optimism that cryptocurrencies are becoming more widely adopted by mainstream finance

Rand, JSE down as China strikes back

2019-05-13 16:08

China announced that it will hike tariffs on $60 billion worth of US imports.

Buy Bitcoin, says strategist who called late-2018 breakdown

2019-05-03 14:28

Bitcoin is in the middle of a sustained recovery and investors should use recent weakness to buy more, according to Fundstrat technical strategist Robert Sluymer.

 

A Goldman Sachs analyst is bullish on Bitcoin. But is it Goldman?

2019-08-13 06:50

In a packet of slides sent to clients yesterday, Goldman Sachs Group technical analyst Sheba Jafari said that Bitcoin could go up by 23% in the short term, and that later the coin could go even higher. That doesn’t mean the bank is bullish on Bitcoin, though.

Bitcoin tumbles after US lawmakers take aim at Libra — 'Facebook has burned down the house over and over'

2019-07-17 16:56

Bitcoin plunged 16% after Sherrod Brown joined Donald Trump, Steven Mnuchin, Jerome Powell, and others in attacking Facebook's planned cryptocurrency.

Trump has a favourite currency, and it’s not Bitcoin

2019-07-13 07:00

When Donald Trump’s former adviser, Steve Bannon, praised Bitcoin last year as “disruptive populism” and revealed he was working on his own cryptocurrency, it was evidence of something many people had long suspected.

Bitcoin Wallet investor's home set alight by angry mob in KZN

2019-07-10 19:06

A cryptocurrency investor's home in Ladysmith has been looted and set alight, allegedly by angry investors demanding payment.

Naspers-backed crypto platform Luno starts African hiring spree

2019-06-23 17:58

Naspers-backed cryptocurrency platform Luno is planning to increase its workforce by almost 60% to expand its South African headquarters as Bitcoin once again breaches $10 000.

Libra is Facebook’s plan to bring cryptocurrency to the masses — but I don’t trust Facebook enough to use it

2019-06-19 17:32

I belong to a traditional bank, and I don't trust Facebook. So why would I use Libra, the new global currency it's pushing?

A Bitcoin ATM spat cash all over a busy London subway station after a customer withdrew more than it could handle

2019-06-11 17:00

A video shows passengers pass through London's busy Bond Street Station as money flies out of the ATM as a man waits to collect it in his duffel bag.

Bitcoin clears $8,000 as its monster year rolls on

2019-05-14 14:59

Bitcoin on Tuesday topped $8,000 a coin for the first time since July. The cryptocurrency has now gained 119% this year.

Bitcoin climbs above $7 000 as cryptocurrency rally extends

2019-05-13 08:05

Bitcoin climbed to the highest since September, briefly surpassing $7 000, as a rally in cryptocurrencies gathered pace in trading over the weekend.

Bitcoin plunged after a major crypto exchange was accused of using client money to hide R12 billion of missing cash

2019-04-26 13:47

Bitfinex drained $700 million from Tether's reserves to hide the fact it lost access to $850 million, says a lawsuit by the New York Attorney General.

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