Bitcoin drops 10% as pullback continues

About This Source - Reuters

Reuters is an international news organization owned by Thomson Reuters. It employs some 2,500 journalists and 600 photojournalists in about 200 locations worldwide. The agency was established in London in 1851 by the German-born Paul Reuter.

Recent from Reuters:

  • Abbey Road Studios tackles sexism with mini festival
  • Vaccine cakes served up in Prague café
  • White House says hackers exploiting Microsoft flaw an active threat
  • Reuters published this video item, entitled “Bitcoin drops 10% as pullback continues” – below is their description.

    Bitcoin slumped 10% to a 10-day low, retreating further from record highs, with traders citing fears of tighter U.S. regulation.

    Yesterday, BlackRock Inc said in a company filing that it was adding bitcoin futures as an eligible investment to two funds, in a move to bring the world of cryptocurrency to its clients.

    During a Senate hearing on Tuesday Janet Yellen, Biden’s pick to head the U.S. Treasury, expressed concerns that cryptocurrencies could be used to finance illegal activities.

    #News #Bitcoin #cryptocurrency #JanetYellen

    Reuters YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

    4 Recent Items: Bitcoin

  • BitGo CEO on the future of bitcoin
  • Why Central Banks Want To Get Into Digital Currencies
  • Novogratz Says Bitcoin Will Hit $100k By End of Year
  • Bitcoin Is an Institutional Asset Class: Novogratz
  • In This Story: BlackRock

    BlackRock, Inc. (NYSE: BLK) is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

    3 Recent Items: BlackRock

  • BlackRock’s Rieder Sees Acceleration of Employment on the Way
  • Focus on where the jobs are being created, says ADP chief economist on February jobs report
  • Doma CEO on disrupting real estate, going public via a SPAC deal
  • Leave a Comment