Bitcoin trades above $5,000 for first time ever
It has chalked up a more than fivefold increase in price since the start of the year
A Bitcoin and Dollar notes are seen in this illustration picture taken September 27, 2017.PHOTO: REUTERS
Bitcoin, the original and still the biggest cryptocurrency, has been on a tear recently, rallying nearly 75 per cent in barely a month.
Bitcoin is a fraud and will blow up, says JPMorgan CEO
It has chalked up a more than fivefold increase in price since the start of the year.
Earlier this week, Russia announced that it will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, calling them “dubious”.
LATEST
Apple’s authorised retail push may pull Pakistan’s premium tech buyers from grey markets
Amazon targets as many as 30,000 corporate job cuts, sources say
Chegg to lay off 45% of workforce as AI disruption hits business
Meta, TikTok, Snap to deactivate under-16 accounts under new Australian law
Meta launches Urdu version of Meta AI in Pakistan
Microsoft Teams’ new Wi-Fi attendance feature may reshape hybrid work in Pakistan
MOST READ
Girls outnumber boys threefold in MDCAT 2025
Saudi Arabia pledges $1b oil facility to Pakistan
Pakistan, Afghanistan peace negotiations deadlocked
Pakistan to shut airspace for two days amid Indian military exercises
Other side of multinationals' exit story
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ