Bitcoins and other digital currencies crash in May

Bitcoin crash

After months of steady gains, and record prices that seemed to defy a global pandemic and the ensuing economic uncertainty – the value of bitcoin and other cryptocurrencies came crashing down on Wednesday, May 19th, in response to an earlier tweet by Elon Musk and news that China has banned financial institutions and payment companies […]

Cryptocurrencies amongst asset class hardest hit on Black Monday

GLOBAL – Bitcoin and other cryptocurrencies took a hard hit today, wiping as much as $26 billion off the crypto market within 24 hours. This is despite the steady increase in value the virtual assets market had been enjoying over the last several months. The plunge was part of a significant downturn in Global Stock […]