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Musk, China bans send crypto into a tailspin

Bitcoin, together with all the major cryptocurrencies, is taking a major beating this morning, after China came out and reiterated that “digital tokens cannot be used as a form of payment,” effectively banning the cryptocurrency. Bitcoin is now at its lowest level since early February, and Ethereum has lost more than 7%, with both cryptocurrencies…
Ishan Dan | 24th May 2021 | More
Regulatory headache for Bitcoin

Since publishing our last article on Bitcoin madness (12th January), where Bitcoin ‘experts’ lobbed astronomical predictions of around $170k to $318k by the end of 2022, it looks like Bitcoin has disappointed in the short-term. The digital currency went on a mammoth bull run hitting A$52,000 around mid-January, up from $11,622 from the same time…
Ishan Dan | 29th Jan 2021 | More