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Bitcoin News

Archived coverage · Forkast crypto archive

  • Bitcoin News

    China’s central bank to expand digital yuan pilot program

    The People’s Bank of China (PBoC) has listed the “orderly expansion of the scope of the digital yuan pilot” as one of its key tasks in the second half of the year, according to a Tuesday press release from the Chinese central bank’s second-half-year work plan. See related article: Covid-19, postponed Asian Games to push […]

    Ningwei Qin

  • Bitcoin News

    Bitcoin, Ethereum fall in Tuesday evening trade in Asia

    The cryptocurrency market is trading down in general, with Bitcoin and Ethereum down 2.2% and 6.1% over the past 24 hours in Tuesday evening trade in Hong Kong. See related article: ETH crosses Bitcoin in options market for first time in history Fast facts Bitcoin was trading at US$22,843.99, while Ethereum was changing hands at […]

    Danny Park

  • Bitcoin News

    Bitcoin, Ether edge lower in Asian trading, Dogecoin ends July with gains

    Bitcoin and Ethereum were trading lower by 1.3% and 0.4% over the past 24 hours in Monday evening trade in Hong Kong. See related article: Bitcoin, Ethereum fall back after posting monthly gains for July Fast facts Bitcoin was trading down 1.3% at US$23,331.73 over the past 24 hours at 5:20 p.m. HKT on Monday, […]

    Timmy Shen

  • Bitcoin News

    Apple iPhone maker’s founder distances himself from crypto fraudsters using his image

    Terry Gou, founder of Apple iPhone maker Foxconn, Saturday said that fraudsters have been using his images to promote cryptocurrency scams and that he has never invested in the crypto industry. See related article: Foxconn pledges to boost metaverse development this year Fast facts In a Facebook post on Saturday, the Taiwanese mogul said through […]

    Timmy Shen

  • Bitcoin News

    S.Korea Busan Bank employee allegedly embezzles US$1.1 mln to invest in Bitcoin

    An employee on the foreign exchange team of South Korea’s BNK Busan Bank allegedly embezzled 1.48 billion Korean won (US$1.1 million) in customer funds to invest in Bitcoin, local media reported. See related article: Illegal foreign exchange trading with Bitcoin ‘Kimchi Premium’ probed in S.Korea Fast facts The employee, whose name was not released, reportedly […]

    Danny Park

  • Bitcoin News

    Bitcoin, Ethereum fall back after posting monthly gains for July

    Bitcoin ended July trading at US$23,737 for a monthly gain of nearly 24% — its highest since October last year when it rose 40%. Ethereum gained about 60% in July. See related article: Bitcoin, Ether rally continues in Friday afternoon trading in Asia Fast facts Bitcoin fell about 1% on Monday morning in Asia, with […]

    Lachlan Keller

  • Bitcoin News

    Bitcoin, Ether rally continues in Friday afternoon trading in Asia

    The cryptocurrency market continued its rally in afternoon trading in Asia on Friday, with Bitcoin and Ethereum up 4.4% and 5.7%, respectively, over the past 24 hours. See related article: Crypto continues tear while Vitalik Buterin says Eth2 ‘not priced in’ Fast facts Bitcoin was at one point changing hands above the US$24,000 mark in […]

    Timmy Shen

  • Bitcoin News

    Bitcoin rig maker Canaan to deploy self-mining soon in US, executive says

    Chinese crypto mining rig maker Canaan is ramping up its mining business and will soon start self- or joint-mining operations in the U.S., Edward Lu, a senior vice president of Canaan, told Forkast in an interview on Thursday. See related article: Bitcoin rig maker Canaan reports over US$200 mln in Q1 revenue Fast facts “Today […]

    Timmy Shen

  • Bitcoin News

    Crypto continues tear while Vitalik Buterin says Eth2 ‘not priced in’

    The crypto market continued its tear overnight Thursday in Asia with Bitcoin and Ethereum trading up 4% and 6%, respectively, in the 24 hours before business hours on Friday. See related article: Crypto, traditional markets see bump as Fed raises rates Fast facts Bitcoin was changing hands at its highest point in over a week […]

    Lachlan Keller