MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in Macau

  • Gov’t rolls out 10-week spending drive with three stackable voucher types

  • Uber’s numbers climb, but users see little change

  • The Chinese Library welcomes autumn at Tai Kwun

  • DSEDJ will implement AI-based education across all school stages

  • Property firm busted for selling foreign worker quotas in RMB1 million scheme

World
Home›World›The Buzz | Bitcoin slips below $38,000 in a retreat from Monday’s rally

The Buzz | Bitcoin slips below $38,000 in a retreat from Monday’s rally

By -
Wednesday, May 26, 2021
78
0
Share:

Bitcoin traded lower yesterday as prices pulled back from a double-digit percentage rally, stoked by Elon Musk’s effort to bolster the token’s green credentials on Twitter.
The largest digital currency slipped 4% to trade at $37,500 as of 6:21 a.m. in New York, following a 16% jump on Monday. The wider Bloomberg Galaxy Crypto Index and tokens including Ether also dropped.
The Tesla Inc. billionaire has roiled the token’s price this month, triggering a selloff by criticizing its energy profile and suspending Bitcoin payments. Heightened regulatory rhetoric on cryptocurrencies from China also pressured the sector.
“If the market continues to see wild swings based on Elon Musk tweets, it’s going to be a big set back for this asset class,” said Matt Maley, chief market strategist for Miller Tabak + Co.
Pledges to make the industry more green have picked up since Musk’s criticisms. Several miners joined the Crypto Climate Accord, a private-sector initiative to decarbonize the crypto industry by 2030.

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Tagsthe buzz
Previous Article

Malaysia’s worsening Covid-19 outbreak spills over into ...

Next Article

On the road to Euro 2020 | ...

0
Shares

    Related articles More from author

    • World

      The Buzz | United Nations voices alarm about spread of HIV in Egypt

      Tuesday, December 5, 2017
      By -
    • BuzzWorld

      How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine

      Wednesday, October 16, 2024
      By -
    • World

      The Buzz | Israel election: Netanyahu falls short of majority amid vote count

      Thursday, March 25, 2021
      By -
    • World

      The Buzz | US consumer confidence falls to lowest level since September

      Wednesday, July 29, 2015
      By -
    • World

      The Buzz | Cristiano Ronaldo’s sister makes bid to be Eurovision singer

      Monday, August 17, 2015
      By -
    • World

      The Buzz | As virus surges in Eastern Europe, leaders slow to act

      Monday, November 15, 2021
      By -

    Leave a reply Cancel reply

    You must be logged in to post a comment.

    0

    • World

      Offbeat | Zsa Zsa, the English bulldog, wins World’s Ugliest Dog title

    • Business

      Retail | Tapestry now sees China as key market, not factory, for bags

    • Asia-Pacific

      Japan | Olympic Committee head resigns amid bribery scandal

    DAILY EDITION

    Friday, September 18, 2026 – edition no. 5039
    Friday, September 18, 2026 – edition no. 5039

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    September 2026
    M T W T F S S
     123456
    78910111213
    14151617181920
    21222324252627
    282930  
    « Aug    

    Timeline

    • Friday, September 18, 2026

      “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in Macau

    • Friday, September 18, 2026

      Gov’t rolls out 10-week spending drive with three stackable voucher types

    • Friday, September 18, 2026

      Uber’s numbers climb, but users see little change

    • Friday, September 18, 2026

      The Chinese Library welcomes autumn at Tai Kwun

    • Friday, September 18, 2026

      DSEDJ will implement AI-based education across all school stages

    • Friday, September 18, 2026

      Property firm busted for selling foreign worker quotas in RMB1 million scheme

    • Friday, September 18, 2026

      Huawei unveils new chips as firm steps up the AI race with Nvidia

    • Friday, September 18, 2026

      AI agents learn from ‘the best’

    • Friday, September 18, 2026

      Survey finds high satisfaction among Macau families in Hengqin

    • Friday, September 18, 2026

      Late renewal fees for non-resident workers rise

    Extra Times

    Extra TimesHeadlinesTaste of Edesia

    The Chinese Library welcomes autumn at Tai Kwun

    The Chinese Library, the contemporary Chinese restaurant at Tai Kwun, has unveiled a new autumn menu led by Executive Chef Junno Li. Recognised with One Diamond in the Black Pearl ...
    • Ethan Hawke leads a tense, Depression-era thriller in ‘The Weight’

      By MDT/AP
      Friday, September 18, 2026
    • QMS Medicosmetics launches at Mandarin Oriental Macau: Where German science meets luxury skincare

      By -
      Friday, September 18, 2026
    • The confluence of craft: An evening at Estuary

      By Irene Sam, MDT
      Friday, September 11, 2026
    • The Korean thriller ‘Hope’ is a creature feature to the tilt

      By MDT/AP
      Friday, September 11, 2026
    • Recent

    • Popular

    • “Luminous Brilliance: The Artistry of Zibo Liuli” Opens This October at POLY MGM MUSEUM in ...

      By MGM Macau PR
      Friday, September 18, 2026
    • Gov’t rolls out 10-week spending drive with three stackable voucher ...

      By Yuki Lei, MDT
      Friday, September 18, 2026
    • Uber’s numbers climb, but users see little change

      By Renato Marques, MDT
      Friday, September 18, 2026
    • The Chinese Library welcomes autumn at Tai Kwun

      By Irene Sam, MDT
      Friday, September 18, 2026
    • DSEDJ will implement AI-based education across all school stages

      By Ricaela Diputado, MDT
      Friday, September 18, 2026
    • Property firm busted for selling foreign worker quotas in RMB1 million scheme

      By Ricaela Diputado, MDT
      Friday, September 18, 2026
    • Huawei unveils new chips as firm steps up the AI race with Nvidia

      By -
      Friday, September 18, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      Thursday, May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      Wednesday, May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      Wednesday, June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      Friday, July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      Friday, June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      Monday, July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      Friday, May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
      • PDF Editions
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia
    Loading Comments...

    You must be logged in to post a comment.

    %d