Cryptoverse: Bitcoin miners get stuck in a bear pit

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Sept 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with … Read more

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may … Read more

Lawyer of alleged crypto launderer urges Russia to discuss prisoner swap – letter

Alexander Vinnik, a 38 year old Russian man suspected of running a money laundering operation using bitcoin, is escorted by police officers to a court in Athens, Greece December 13, 2017. REUTERS/Costas Baltas Register now for FREE unlimited access to Reuters.com Register MOSCOW, Sept 5 (Reuters) – The lawyer of a Russian man accused of … Read more

Cryptoverse: Bleeding bitcoin’s holding out for a hero

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 30 (Reuters) – Who can save bitcoin? The world’s biggest cryptocurrency can’t seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first … Read more

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take place in September, … Read more

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

A representation of virtual currency bitcoin and a U.S. one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that … Read more

From burgers to gadgets, stressed consumers buy cheap

NEW YORK/LONDON, July 26 (Reuters) – Some global consumers are showing signs of cracking as shoppers stressed by record inflation stick to buying staples like food, bleach and cheap burgers, while those with larger bank accounts are buying $3,000 at Louis Vuitton. handbags Investors are closely watching second-quarter corporate results for signs that economies are … Read more

Cryptoverse: What crisis? Venture capitalists bet big on crypto

A stock graph is seen with a representation of bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/ Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money … Read more

Tesla quarterly profit beats estimates; sells most of its bitcoin

A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register July 20 (Reuters) – Tesla Inc (TSLA.O) on Wednesday reported a higher-than-expected quarterly profit as a string of price increases on its best-selling electric vehicles helped offset production challenges caused by … Read more

Nasdaq boosted by stock growth after Netflix’s optimistic forecast

Netflix’s profit on subscriber growth forecast Baker Hughes falls for bigger quarterly loss Tesla to report earnings after market close Dow down 0.39%, S&P down 0.25%, Nasdaq up 0.15% July 20 (Reuters) – The Nasdaq rose on Wednesday after positive forecasts from Netflix added to the bulk of upbeat second-quarter earnings from US companies against … Read more