Bitcoin, the largest cryptocurrency by market value, traded at about US$35,350 as at 12.05pm in Singapore. It touched a low of US$34,042.77 over the weekend, a loss of more than 50 per cent from its all-time high in November.
Hawkish monetary policy signals from the Federal Reserve as well as fresh regulatory hints by the White House and the threat of an outright mining and trading ban in Russia have whipsawed digital coins. Declines in Ether – the second-largest token – and in newer coins have outpaced Bitcoin’s fall of late.
Esta historia es de la edición January 25, 2022 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 25, 2022 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Man taken to hospital after accident involving bus and his car in Telok Blangah
A 32-year-old man was taken to hospital after his car and a bus were involved in an accident in Telok Blangah on May 4.
US campus protests wane after crackdowns, Biden rebuke
Pro-Palestinian protests that have rocked US campuses for weeks were more muted on May 3, after a series of clashes with the police, mass arrests and a stern White House directive to restore order.
PUB: Faulty water tank valve caused flooding at Bukit Timah condo basement carpark
A faulty valve at The Twins condominium in the Bukit Timah area on May 4 led to its basement carpark being submerged in knee-deep water.
Managing cash as interest rate cuts are postponed
Many conservative investors have been leaving their funds in fixed deposits or Singapore Treasury bills (T-bills). Some experts suggest that they consider the oneyear T-bill to lock in the yield.
Auger-Aliassime in final as 'crazy' curse continues
MADRID Felix Auger-Aliassime declared that it is \"crazy times for the elite of our sport\" as the Canadian benefited from yet another retirement on May 3 to set up a Madrid Open final clash against Andrey Rublev.
PUSHING THROUGH TOUGH MIND GAMES
After enduring various setbacks, Singapore Paralympians setting sights on Paris tests
RAIN FAILS TO CHECK KOEPKA'S RHYTHM
After lengthy weather delay, he resumes his chase for 4th LIV title with a 64 to lead by 3
PROBABLY OUR BEST FIRST HALF: ARTETA
Gunners boss lauds their record-equalling 26th win of season to stay ahead of Man City
SAILORS' SMOOTH START AUGURS WELL
Coach Rankovic happy as key men Shawal and Lestienne deliver in Community Shield
RUGBY IN HER DNA AND PASSPORT
It has taken Fiji captain Daveua many places, she hopes to end in Paris with Games medal
