File Image (Photo by Ozan KOSE / AFP)

Russian arrested on Samui for allegedly robbing compatriot of ฿1.8m in Bitcoins

Thai police have arrested a Russian national on Samui Island on charges of robbing a fellow Russian of 1.8 million baht in Bitcoins. Samui police say that the suspect is…

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What’s Bitkub’s problem? Born too soon or existing too controversially?

If Jirayut Srupsrisopa is a true blockchain enthusiast, he must be uncorking the champagne when that massively-lucrative deal with the Siam Commercial Bank collapsed a few days ago. In an…

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People gather during hot weather on Perranporth Beach in Cornwall, Britain, July 18, 2022. REUTERS/Tom Nicholson

Fans, hoses and air con – heatwave-hit Britons seek relief

Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said. Britain was braced for temperatures to hit 40C (104 degrees Fahrenheit) for the first time this week, with ministers urging…

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Suspect claims he robbed gold shop to cover losses from crypto investments

Suspect claims he robbed gold shop to cover losses from crypto investments

A suspected gold shop thief has allegedly told the police that he robbed the shop of gold ornaments, worth about 1.8 million baht, to compensate for heavy losses incurred through…

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Bitcoin plunges below $20,000

Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020. With investors increasingly wary of risk, the world’s most popular…

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Bitcoin stems heavy losses but pessimism reigns in crypto markets

LONDON (Reuters) – Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network’s freezing of withdrawals and the prospect of sharp U.S. interest…

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In this photo provided by the New York Stock Exchange, a trio of specialists work at a post on the floor, Monday, June 13, 2022. (Courtney Crow/New York Stock Exchange via AP)

Bear market hits Wall Street as stocks, bonds, crypto dive

NEW YORK (AP) — Wall Street tumbled into what’s called a bear market Monday after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below…

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Is the gulf between crypto believers and skeptics unbridgeable?

Trading in cryptocurrencies has come under high pressure recently. The value of bitcoin, the most popular cryptocurrency among traders overseas and in Thailand, slumped to US$36,040.92 per bitcoin on May…

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Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration

Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion

March 29 (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier…

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REUTERS/Dado Ruvic/Illustration

Bitcoin, ether near multi-month lows following hawkish Fed minutes

HONG KONG (Reuters) – Bitcoin fell below $43,000 on Thursday, testing multi-month lows after minutes from the Federal Reserve’s last meeting showed it leaning toward more aggressive policy action, which…

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As crypto assets become more mainstream, potential implications for the wider economy are set to increase, said the IMF. (photo by @executium)

2021: The year of crypto craze and challenges it poses

Trading in digital assets in Thailand saw high growth in 2021, on par with global markets, as large numbers of investors have entered the market. The low-interest rates offered by…

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Crypto market value tops $3 trillion for first time

The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors increasingly jump on board. The value has reached $3.007 trillion (2.6 trillion euros), said CoinGecko, which tracks prices of more than 10,000…

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Bitkub takeover adds impetus to Thai digital asset market

The recent multibillion-baht acquisition of digital exchange Bitkub has stunned Thailand’s finance sector, especially the digital asset market. On November 2, Siam Commercial Bank announced its acquisition of a 51…

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Cryptocurrency, a beacon of hope in Myanmar’s politics

“Cryptocurrency” is technical jargon and gibberish to many people, even in this modern age of technological innovation. While it seemed far more mystical when Bitcoin, the progenitor of encrypted peer-to-peer…

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Photo by Ozan KOSE / AFP

Bitcoin tops $60,000, nears record high, on growing U.S. ETF hopes

LONDON/HONG KONG (Reuters) – Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that U.S. regulators would approve the launch of an exchange-traded fund…

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Government employees wait for the opening of the Chivo digital wallet machine, which will exchange cash for Bitcoin cryptocurrency, at Las Americas Square in San Salvador, El Salvador, Tuesday, Sept. 7, 2021. Starting Tuesday, all businesses will have to accept payments in Bitcoin, except those lacking the technology to do so, according to a law approved by the congress. (AP Photo/Salvador Melendez)

Early stumble as El Salvador starts Bitcoin as currency

SAN SALVADOR (AP) — El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said…

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Photo by Ozan KOSE / AFP

In world first, bitcoin becomes legal tender in El Salvador

San Salvador (AFP) – El Salvador on Tuesday becomes the first country in the world to accept bitcoin as legal tender, despite widespread domestic skepticism and international warnings of risks for consumers….

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Photo by Ozan KOSE / AFP

Bitcoin jumps above $50,000 for first time since May

Hong Kong (AFP) – Bitcoin broke back above $50,000 on Monday for the first time in three months as investors piled back into the cryptocurrency on bargain-buying. The unit climbed around…

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(Photo by Yuri CORTEZ / AFP)

PayPal to let UK users buy, hold and sell cryptocurrency

PayPal on Monday said it will this week begin to allow users in Britain to buy, hold and sell cryptocurrency through the online payment platform for the first time. The…

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Bitcoin soared 10 percent to top $38,000 on July 26, 2021. (Photo by Ozan KOSE / AFP)

Amazon eyes cryptocurrency but not poised for Bitcoin

New York (AFP) – Amazon on Monday denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year, but acknowledged an interest in cryptocurrency….

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Adoption matters most in crypto trade, with giant techs expected to join the craze – Bitkub.com CEO

Adoption matters most in the cryptocurrency and blockchain industries, while giant techs “of the caliber of Google, Amazon, and Apple” are expected to diversify their assets into cryptocurrency, said Bitkub.com…

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Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/Illustration

Bitcoin tumbles 10% in wake of deepening China crackdown

LONDON/TOKYO (Reuters) – Bitcoin tumbled almost 10% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing jitters over China‘s expanding crackdown on bitcoin mining in thin liquidity for the…

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Inside the electrifying rise of Bitcoin

The soaring price of Bitcoin is making headlines around the globe following news that electric-car maker Tesla, one of the world’s largest auto firms by market valuation, has invested $1.5…

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