@BusinessDaily

Bitcoin slumps below a million as regulatory fears intensify - 17 Jan 2018 20:17

By: Reuters

Bitcoin skidded below Sh1 million ($10,000) on Wednesday, halving in value from its peak price, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency that sky-rocketed last year. The price of bitcoin, the world’s biggest and best known cryptocurrency, fell to as low as around Sh950,000 ($9,500) on the Luxembourg-based Bitstamp exchange, the lowest since Dec. 1. Bitcoin had touched a peak of almost Sh2 million ($20,000) in December - and indeed crossed over that threshold on some exchanges - but has since been roiled by several large selloffs. Other cryptocurrencies plunged as well. Ethereum and Ripple were both down heavily after reports South Korea and China could ban cryptocurrency trading, sparking worries of a wider regulatory crackdown. “There is a lot of panic in the market. People are selling to try and get the hell out of there,” said Charles Hayter, founder of Cryptocompare, which ...
Read More


Category: business news markets corporate lifestyle economy opinion

Item ID: 3c5a175d-7e80-4705-a873-5b6cf21b9030

kadiNewsItemCategoryList
  1. newsPriority: 76.428
  2. calculatedNewsPriority: 297.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title:

  1. newsPriority: 76.428
  2. calculatedNewsPriority: 297.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title:

  1. newsPriority: 77.428
  2. calculatedNewsPriority: 298.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title:

  1. newsPriority: 77.428
  2. calculatedNewsPriority: 298.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title:

  1. newsPriority: 78.428
  2. calculatedNewsPriority: 299.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title:

  1. newsPriority: 77.428
  2. calculatedNewsPriority: 298.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title:

  1. newsPriority: 77.428
  2. calculatedNewsPriority: 298.378
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Jan 17, 2018 8:17:54 PM
  2. timeModifiedAsFromUser: Jan 17, 2018 5:57:42 PM
  3. timeCreatedAsFromServer: Jan 17, 2018 8:17:54 PM
  4. timeUpdatedAsFromUser: Jan 20, 2019 10:48:11 AM
  5. timeCreatedAsFromUser: Jan 17, 2018 5:42:49 PM
  6. timeUpdatedAsFromServer: Jan 20, 2019 10:48:11 AM
  7. timeModifiedAsFromServer: Jan 17, 2018 8:17:54 PM

Suggested

7 hours ago, 19:00
Uhuru backs law change to start listing of Kenyans’ DNA

The government is now free to collect data on Kenyans’ DNA and physical location of their homes including satellite details during registration of persons. This follows President Uhuru Kenyatta’s ...

Category: business news

Item ID: 68e1d155-341e-4497-b79a-d0d1d76dddb6

kadiNewsItemCategoryList
  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.102
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.002
  2. calculatedNewsPriority: 0.102
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 20, 2019 7:00:00 PM
  2. timeModifiedAsFromUser: Jan 20, 2019 12:06:17 PM
  3. timeCreatedAsFromServer: Jan 20, 2019 10:13:05 PM
  4. timeCreatedAsFromUser: Jan 20, 2019 7:00:00 PM
  5. timeUpdatedAsFromServer: Jan 20, 2019 10:13:11 PM
  6. timeModifiedAsFromServer: Jan 20, 2019 10:09:41 PM
7 hours ago, 19:00
Cutting deficit will be an uphill task - Moody’s

Kenya is likely to struggle to meet its ambitious target of progressively bringing down the budget deficit due to political constraints on reducing public expenditure, analysts have warned. Economists ...

Category: business news

Item ID: c4d0494c-3ec2-430f-a7f0-3cb380708172

kadiNewsItemCategoryList
  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.103
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.003
  2. calculatedNewsPriority: 0.103
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 20, 2019 7:00:00 PM
  2. timeModifiedAsFromUser: Jan 20, 2019 12:06:17 PM
  3. timeCreatedAsFromServer: Jan 20, 2019 10:12:40 PM
  4. timeCreatedAsFromUser: Jan 20, 2019 7:00:00 PM
  5. timeUpdatedAsFromServer: Jan 20, 2019 10:12:44 PM
  6. timeModifiedAsFromServer: Jan 20, 2019 10:09:55 PM
7 hours ago, 19:00
Kenya Railways seeks help to recover 500 grabbed land plots

Kenya Railways Corporation (KR) has submitted to the anti-graft watchdog about 500 cases of its parcels of land that have been irregularly and illegally acquired for further investigations. The KR ...

Category: business news markets corporate lifestyle opinion

Item ID: 5f2386dd-5a91-484c-aa3f-627af399f643

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.111
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.111
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.055
  2. calculatedNewsPriority: 0.155
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.045
  2. calculatedNewsPriority: 0.145
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.045
  2. calculatedNewsPriority: 0.145
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.055
  2. calculatedNewsPriority: 0.155
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jan 20, 2019 7:00:00 PM
  2. timeModifiedAsFromUser: Jan 20, 2019 11:37:07 AM
  3. timeCreatedAsFromServer: Jan 20, 2019 10:15:02 PM
  4. timeCreatedAsFromUser: Jan 20, 2019 7:00:00 PM
  5. timeUpdatedAsFromServer: Jan 20, 2019 10:15:15 PM
  6. timeModifiedAsFromServer: Jan 20, 2019 10:10:05 PM
7 hours ago, 19:00
Tertiary students to miss out on funding after budget cuts

Thousands of students enrolled in vocational and technical training institutes are set to miss out on government funding after the Treasury made budget cuts in the project amid austerity drive. The ...

Category: business news

Item ID: 17651b18-e5d8-4c72-90ef-c927a95d8575

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.112
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.112
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 20, 2019 7:00:00 PM
  2. timeModifiedAsFromUser: Jan 20, 2019 12:05:59 PM
  3. timeCreatedAsFromServer: Jan 20, 2019 10:13:36 PM
  4. timeCreatedAsFromUser: Jan 20, 2019 7:00:00 PM
  5. timeUpdatedAsFromServer: Jan 20, 2019 10:13:44 PM
  6. timeModifiedAsFromServer: Jan 20, 2019 10:10:14 PM
7 hours ago, 19:00
Equity, StanChart ranked best in customer service

Equity Bank #ticker:EQTY, Standard Chartered Kenya #ticker:SCBK and Credit Bank topped the list of the most customer-centric lenders in their respective tiers, according to a survey released by the ...

Category: business news markets corporate lifestyle opinion

Item ID: c907879d-46e4-4179-b688-c0f5fcb5762f

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.113
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.113
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.16
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.122
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.05
  2. calculatedNewsPriority: 0.15
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.16
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jan 20, 2019 7:00:00 PM
  2. timeModifiedAsFromUser: Jan 20, 2019 11:08:06 AM
  3. timeCreatedAsFromServer: Jan 20, 2019 10:12:30 PM
  4. timeCreatedAsFromUser: Jan 20, 2019 7:00:00 PM
  5. timeUpdatedAsFromServer: Jan 20, 2019 10:12:35 PM
  6. timeModifiedAsFromServer: Jan 20, 2019 10:10:22 PM
7 hours ago, 19:00
WERE: Africa’s nuanced view on China

Last week, Dr Lubinda Haabazoka, president of the Economics Association of Zambia, wrote an insightful article in Bloomberg reflecting on Zambia’s relationship with China. He made several interesting ...

Category: business news markets corporate lifestyle opinion

Item ID: bb095d3a-560b-43f4-b1d3-b22578c467b0

kadiNewsItemCategoryList
  1. newsPriority: 0.014
  2. calculatedNewsPriority: 0.114
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.014
  2. calculatedNewsPriority: 0.114
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.068
  2. calculatedNewsPriority: 0.168
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

  1. newsPriority: 0.057
  2. calculatedNewsPriority: 0.157
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.057
  2. calculatedNewsPriority: 0.157
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.032
  2. calculatedNewsPriority: 0.132
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

compoundTime
  1. timeLastCalculatedUpdate: Jan 20, 2019 7:00:00 PM
  2. timeModifiedAsFromUser: Jan 20, 2019 11:16:31 AM
  3. timeCreatedAsFromServer: Jan 20, 2019 10:14:08 PM
  4. timeCreatedAsFromUser: Jan 20, 2019 7:00:00 PM
  5. timeUpdatedAsFromServer: Jan 20, 2019 10:14:12 PM
  6. timeModifiedAsFromServer: Jan 20, 2019 10:10:26 PM