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Top StoriesCrypto Fears Now Materialising, Central Bank Body Bis Says
Top StoriesCryptoverse: Crypto Lenders Face a DeFi Drubbing
Crypto Industry Fears Contagion as Bitcoin Slips Under $20,000
Date: June 20, 2022
By Alun John and Elizabeth Howcroft LONDON/HONG KONG (Reuters) – The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above a key level, with investors fearing that problems at major crypto players could unleash a wider market shakeout. Bitcoin, the world’s biggest cryptocurrency, was trading just under the symbolic level of...
Bitcoin Sinks to Fresh 18-month Low as Crypto Meltdown Deepens
Date: June 15, 2022
By Tom Wilson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to $20,079.72, its lowest since December 2020....
Bitcoin Tumbles as Crypto Sell-Off Accelerates
Date: June 15, 2022
By Tom Wilson LONDON (Reuters) – Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to $20,289, its lowest since December 2020. It has...
Bitcoin Hovers Near MicroStrategy ‘margin Call’ Price
Date: June 14, 2022
By Tom Westbrook SINGAPORE (Reuters) -Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to add more tokens against a bitcoin-backed loan or trigger selling some of its vast holdings, setting fragile cryptocurrency markets on edge. MictroStrategy, an aggressive investor in bitcoin, said it borrowed $205 million from crypto bank...
Financing Sustainable Infrastructure: The Building Blocks of a Greener Future
Date: June 14, 2022
by Dr. Murray Simpson, Global Director Sustainability & Market Integration Lead at IBM The construction and operation of traditional infrastructure are the largest contributors of global emissions. Therefore, an element of our ability to achieve a net zero future depends on how fast we can implement sustainable infrastructure. It’s imperative that we start to invest...
Bitcoin Nears MicroStrategy ‘margin Call’ Price
Date: June 14, 2022
SINGAPORE (Reuters) – Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to stake more tokens against a bitcoin-backed loan or trigger selling of some of its vast holdings, setting fragile cryptocurrency markets on edge. MictroStrategy, an aggressive investor in bitcoin, said it borrowed $205 million from crypto bank Silvergate...