News Snapshot:
Bitcoin , ethereum, cardano and dogecoin have all tumbled in price on Wednesday after China announced measures to block cryptocurrencies from being used as a form of payment in the country. The move saw bitcoin fall below $40,000 for the first time since February, while other leading cryptocurrencies saw their values drop by between 15 and 20 per cent overnight. It follows a tough few days for the crypto market, with a massive sell-off initially sparked by Elon Musk ’s tweet that Tesla would no longer be accepting bitcoin payments. The news from China means financial institutions and payments companies...
