bitcoin
Crypto Price Today: Bitcoin surges 3%; Altcoin XRP, Etherium, others jump up to 11%. Here’s why
Bitcoin (BTC) has experienced a significant surge of over 11% in the past seven days, leading to substantial gains for major altcoins like Etherium (ETH), BNB, Tether, XRP, Dogecoin, Cardano, Tron, Avalanche, and Shiba Inu. However, Toncoin has bucked the trend, experiencing a decline of over 1%.
Haven rush ‘Trump trades’ back on investor minds
Post-assassination attempt on Trump, investors lean towards safe haven assets like the dollar, yen, franc, gold, and Bitcoin. Expect high volatility in S&P 500 futures and US Treasuries. Trump's fiscal policies and increased tariffs may boost the dollar. PredictIt data and Biden's debate performance significantly influence market confidence.
Bitcoin hits $60,000 as Trump shooting boosts re-election odds
Bitcoin rose as much as 2.7% to $60,160.71 as of 1:05 a.m. in New York. The most-traded crypto token had stabilized in recent days on optimism that ETFs from titans including BlackRock Inc. and Fidelity Investments offer the type of bedrock demand that can temper price swings.
Exploring the future of crypto derivatives: Insights from Delta Exchange
In a landscape where traditional finance meets cutting-edge technology, Pankaj Balani, co-founder of Delta Exchange, in a recent live stream session on ETMarkets, revealed how cryptocurrency derivatives are opening new avenues for Indian traders.
Crypto Gems: Top crypto assets to watch & buy in July 2024
The 2024 crypto crash has dropped the fear & greed index below 30 and market cap under $2 trillion. Bitcoin hovers above $54,000, with expectations of a $52,000 bounce.
Regulations have an important role to play in the realm of digital assets: Propine’s Tuhina Singh
As digital assets increasingly integrate into our daily lives and professional environments, it is imperative to establish infrastructure that ensures secure and compliant transactions. Propine aims to do just that.
GTA VI may use cryptocurrency as payment methods, here's what you should know
GTA VI, that is slated to be released in 2025, may use cryptocurrency as a payment type for in-game purchases, if reports are to be believed. This comes as a surprise for gaming geeks as this was previously unheard of in previous versions of Grand Theft Auto games.
Bitcoin set for worst week in over a year on Mt. Gox liquidation fears
Media reports said Mt. Gox, the world's leading exchange for cryptocurrencies before it collapsed a decade ago, may start returning bitcoin to creditors, who are seen as likely sellers since the token's worth was only hundreds of dollars in 2014.
Bitcoin sinks 8% to four-month low, ether slides 9%
Bitcoin fell to $53,918. Ether dropped to $2,855. Concerns about Biden’s debate, potential Democratic replacement, and Mt. Gox sell-off impacted the market.
Bitcoin drops for fourth day even as global stocks hit records
Bitcoin and other cryptocurrencies are experiencing a decline amidst a broader market selloff. Speculators are facing challenges such as reduced demand for US Bitcoin ETFs and uncertainties surrounding government actions. The correlation between Bitcoin and global stocks is weakening, raising questions about the future of crypto investments.
Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
The world's biggest cryptocurrency has been under pressure in recent months, its slide accelerating this week after the first debate between U.S. presidential candidates Joe Biden and Donald Trump raised the spectre of Biden being replaced as a candidate.
Bitcoin hits two-month low on election uncertainty, Mt Gox flows
The world's biggest cryptocurrency Bitcoin's decline gained momentum this week following the initial debate between US presidential candidates Joe Biden and Donald Trump, which sparked concerns about potential changes in Biden's candidacy. Bitcoin fell more than 2% to $57,843, its lowest since May 2.
‘Boring’ Bitcoin sends weekend trading volume to all-time lows
Bitcoin's weekend trading volume hit an all-time low of 16% in 2024, influenced by the introduction of Bitcoin ETFs aligning trading hours with traditional exchanges. This shift has decreased price volatility, indicating Bitcoin's evolution into a more stable asset for investors.
Crypto Price Today: Bitcoin gains 1.5% on ETF buying, Solana jumps 7% after VanEck files for ETF
Bitcoin and Ethereum prices surged amidst growing interest and ETF approvals. CleanSpark's acquisition and SEC's ETF approvals signal positive trends in crypto investments. VanEck filed for a Solana ETF, further expanding the investment options in the market.
Delta Exchange launches India platform for crypto futures & options trading
Delta Exchange's Indian platform offers secure options trading on various crypto assets, supported by prominent investors and boasting impressive trading volumes and growth.
Crypto Price Today: Bitcoin holds above $60k but down 1.5%. Ethereum, BNB, Solana, Dogecoin, others fall up to 4%
BlackRock's IBIT saw significant trading volume, while the market anticipated the expiry of multi-billion dollar Bitcoin and Ethereum options. Strong institutional interest and positive trading activity influenced the crypto market's momentum, underscoring ongoing market dynamics and investor sentiment.
Crypto Price Today: Bitcoin prices steady above $61k as buying returns. Ethereum, BNB, Solana, Dogecoin gain up to 3%
Bitcoin prices saw stable trading on Wednesday, gaining marginally by 1% to $61,598 around 12 pm India time. Other major crypto coins traded with a positive bias too.
Get-rich-quick trades suddenly reverse as Nvidia, Bitcoin slump
Investors face volatility as Bitcoin and Nvidia suffer losses, emphasizing the need for market diversification beyond technology.
Crypto Price Today: Bitcoin’s 2% loss is advantage altcoins. Solana, Cardano, Toncoin jump up to 9%
BTC faced challenges from ETF flows and macro data but surged with inflows. Altcoins gained traction as Bitcoin's dominance dropped. Vikram Subburaj noted market frontrunning impacting Bitcoin. Solana and Cardano surged amidst varied altcoin movements.
Dollar flirts with key 160 yen level as intervention risk looms
The yen near 160 per dollar kept traders alert for Japanese authorities' intervention. Bitcoin suffered losses due to outflows from exchange-traded funds (ETFs). The dollar edged higher at 159.64 yen, close to the level prompting a massive intervention by Tokyo in April-May.
Crypto Price Today: Bitcoin, Solana, Cardano, others fall up to 7%. Here's why
Major crypto tokens like Bitcoin traded lower due to negative ETF flows. Bitcoin fell by 3% to $62,322.09. Other cryptos like Ethereum (4.04%), XRP (2.97%), and Dogecoin were also affected.
Will a cryptocurrency like bitcoin grow, increase in value or disappear into oblivion? This factor decides
It is important to understand network effects because it is the singular force that drives economic value in the digital economy, as opposed to the traditional economy.
How hedge funds are affecting Bitcoin prices
Bitcoin ETFs and hedge funds are driving significant inflows, sparking debates among investors. The surge in investment is influenced by hedge fund strategies, impacting Bitcoin's price dynamics.
Experts predict Bitcoin could hit $150K if Trump wins Presidency; Raboo to 100x post-launch
Speculations in the crypto market suggest Bitcoin could reach $150,000 if Donald Trump wins the presidency, while a new presale crypto, Raboo ($RABT), is gaining attention for its potential 100-fold appreciation post-launch.
Bitcoin at one-month low in a broad crypto market selloff
Bitcoin touched a one-month low due to outflows from digital-asset investment products and the prospect of higher US borrowing costs, affecting the cryptocurrency market.
Why Bitcoin is the king of assets
The journey to fully grasping Bitcoin's potential often follows a predictable path. Initially met with skepticism and mockery, Bitcoin is frequently dismissed as a speculative fad or a tool for illicit activities.
Ethereum's Tailwind: How the SEC ETF approval boosted Memecoin mania
While the primary impact is directly on Ethereum, there's been a fascinating secondary effect – a surge in the valuations of memecoins built on the Ethereum blockchain. Let's understand how this development is impacting the memecoin landscape and what it means for the future.
Sensex vs Silver vs Bitcoin: Who will hit the 1 lakh mark first?
Silver appears closest to achieving the 1 lakh milestone, with experts suggesting it could outpace both the Sensex and Bitcoin. Despite retracing from its lifetime high, MCX Silver maintains a 19% YTD gain. Meanwhile, the Sensex has gained 6.3% in 2024, while Bitcoin surged by 61%.
Can Bitcoin reach $100,000 mark in 2024? Here's what experts say
Bitcoin, which has been synonymous with volatility, has experienced dramatic price movements since its inception in 2009, reaching highs of $73,000 by 2024. Amid the current downward trend, experts expect a bullish surge by the year-end.
Trump says he wants all remaining Bitcoin to be made in the US
In a bid to bolster national control over Bitcoin, Republican presidential hopeful Donald Trump calls for all remaining Bitcoin production to be centralized within the U.S. As the crypto industry grapples with regulatory scrutiny and investor distrust following major firm bankruptcies in 2022, its efforts to sway American policymakers intensify.
Trump says he wants all remaining Bitcoin to be made in the US
The crypto industry is increasingly trying to influence U.S. politicians as it faces heightened scrutiny from regulators, especially since bankruptcies at major crypto firms in 2022 spooked investors, exposed fraud and misconduct, and left millions of investors out of pocket.
Is Bitcoin still undervalued? What will drive BTC’s growth to cross $100,000 levels
Bitcoin has had four overly significant years in its existence, and when 2024 began, BTC enthusiasts all looked forward to riding the post-halving bullish momentum.
Why crypto is an asset class that cannot be ignored?
Sathvik Vishwanath discusses the disruptive force of cryptocurrencies and their significance as an asset class in a live stream on ETMarkets, highlighting future trends like Ethereum 2.0 and DeFi.
Crypto Gems: Top crypto assets to watch & buy in June 2024
May was a historic month for crypto enthusiasts with Ethereum spot ETFs approval in the US. Bitcoin nears all-time high while altcoins like Ethereum, Solana, and Cardano are still off their 2021 peaks.
Timing for US ether ETF launches depends on how fast issuers can move, SEC chair says
The SEC still has to approve the ETF issuers' registration statements detailing investor disclosures before they can start trading. That process usually involves a lot of back and forth between the ETF issuers and SEC officials.
Cryptocurrency Prices on June 6: Bitcoin holds near $71K, Altcoins trade flat
On Thursday, major cryptocurrencies remained relatively steady, with speculation mounting that the U.S. Federal Reserve may implement interest rate cuts in September. At 12:14 PM, Bitcoin (BTC) experienced a slight decrease of 0.25%, trading at $70,898, while Ethereum saw a modest increase of 0.7%, reaching $3,843.
Timing for US ether ETF launches depends on how fast issuers can move, SEC chair says
SEC Chair Gensler highlighted the similarity between the correlations of ethereum futures and bitcoin futures, influencing the approval of spot bitcoin ETFs in January.
Cryptocurrencies for passive income generation in 2024
Cryptocurrencies like 99Bitcoins, PlayDoge, WienerAI, and Bitcoin offer high growth potential and passive staking income through platforms. Users can earn rewards and interest by staking assets during the holding period.
Cryptocurrency prices on June 4: Bitcoin holds above $68K; Shiba Inu, Avalanche tank up to 5%
Cryptocurrency markets, led by Bitcoin, Ethereum and Shiba Inu, traded lower today. Bitcoin touched $70,230 on positive US inflation data, fueling speculation of a potential interest rate cut by the US Fed. The global market cap fell by 0.7% to $2.55 trillion, with stablecoins totaling $76.21 billion.
Cryptocurrency price on June 3: Bitcoin approaches $69k on renewed US rate cut hopes
Cryptocurrencies surge as U.S. inflation stabilizes, hinting at Fed rate cuts. BTC and ETH prices rise with a market cap at $2.56 trillion. CEOs anticipate positive momentum amid moderate growth and weak consumer spending.
Ethereum ETFs: Why it is a game-changer for mainstream crypto adoption
Ethereum's pivotal role in propelling the mainstream adoption of crypto cannot be overstated. As the market undergoes continuous evolution, Ethereum stands as a cornerstone, guiding the industry toward unprecedented growth and innovation.
Japanese crypto exchange says lost $300 million bitcoin in 'leak'
Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as "an unauthorised leak" from its digital wallet. DMM Bitcoin said the amount of the "leak" was about 48.2 billion yen ($300 million), which equals to 4,502.9 bitcoins.
Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer
The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday.
Crypto 're-staking' platforms boom as traders chase bigger returns
More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.
Cryptocurrency Price on May 31: Bitcoin holds above $68.3K ahead of key inflation data
Popular crypto tokens such as BNB, Solana, Dogecoin, Shiba Inu, Chainlink, and Polkadot declined up to 3%, while Cardano, Tron, Uniswap, and Litecoin surged up to 1%.
Ethereum ETF approval boosts Bitcoin, says Michael Saylor; Raboo Presale soars
ETF legitimisation positively impacts cryptocurrencies. Ethereum ETF approval boosts crypto prices, benefiting tokens like Raboo ($RABT) which raised $1.5 million in presale, expecting a 100x gain. Michael Saylor anticipates a BTC boom post approval, aligning with Raboo's potential for significant price gains.
Cryptocurrency Price on May 30: Bitcoin dips below $67.8k level; Shiba Inu, Polkadot tank over 5%
Major cryptocurrencies declined in Thursday's trading session amid speculation that global interest rates would remain elevated for an extended period. Investors turned their attention to key inflation data expected at the end of the week, seeking additional insights into the future trajectory of monetary policy.
Crypto market rebounds despite Mt. Gox drama; Bitcoin holds above $68k mark
After initially dropping to the $67,200 level following news of Mt. Gox transferring Bitcoin, the world's largest cryptocurrency by value, rebounded and surged nearly 1% to reach $68,852 in Wednesday's trade.ok
Cryptocurrency Price on May 28: Bitcoin below $68,000; Ethereum, Toncoin decline up to 2%
In addition to Bitcoin and Ethereum, other crypto tokens like BNB, Cardano, Toncoin, Polkadot, and Tron also declined up to 2%. Conversely, Solana, Shiba Inu, Chainlink, and XRP surged up to 6%. The market cap of Bitcoin, the world's largest cryptocurrency, decreased to $1.337 trillion in the past 24 hours.
Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox
Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators are returning a $9 billion hoard of the largest digital asset to creditors.
Cryptocurrency Price on May 27: Bitcoin falls below $68.7k level; Dogecoin, Chainlink decline up to 4%
On Monday, major cryptocurrency tokens experienced a downturn, with Bitcoin (BTC), XRP, and Dogecoin leading the decline. BTC saw a 0.9% drop to $68,678, while Ethereum surged by over 3.4% to reach $3,915. Ethereum, the leading altcoin, has seen impressive growth following the announcement of the SEC's approval for ETH ETFs.
The Man Behind Bit-Con
Craig Steven Wright of nChain claimed to be Bitcoin's creator, Satoshi Nakamoto, facing legal disputes with the crypto industry over his assertion.
Bitcoin slips below $67.2k; Ethereum falls over 4% despite approval of spot Ether ETFs in US
Cryptocurrency markets, including Bitcoin and Ethereum, were trading lower on Friday due to profit-taking. BTC fell to $67,143, while Ethereum declined to $3,655. Edul Patel from Mudrex commented on the market movements.
Cryptocurrency Price on May 23: Bitcoin slips below $69.6k, Shiba Inu, Solana tank up to up to 5%
The global crypto m-cap dropped 0.65% to around $2.58 trillion in the last 24 hours, while the total crypto market volume was $94.42 billion, a 21.96% decrease.
WisdomTree to list crypto products on London Stock Exchange
Britain's financial regulator has approved WisdomTree's bid to list exchange-traded products (ETPs) backed by cryptocurrencies bitcoin and ether on the London Stock Exchange, the asset manager said on Wednesday ahead of an expected launch this month.
Cryptocurrency Price on May 22: Bitcoin falls below $70k level; Ethereum, Uniswap surge up to 4%
Bitcoin and Ethereum prices fluctuate with a market cap of $2.6 trillion. Various factors including specific price levels, stablecoin volume, and Bitcoin dominance influenced market sentiment.
Bitcoin Pizza Day: Techie paid 10,000 Bitcoins for Pizza in 2010, now worth Rs 5,800 crore
Each year on May 22nd, the cryptocurrency community celebrates Bitcoin Pizza Day, commemorating the first real-world Bitcoin transaction. In 2010, programmer Laszlo Hanyecz famously bought two pizzas for 10,000 Bitcoins, now worth billions. Despite the hindsight value, Hanyecz's move showcased Bitcoin's potential. Since then, Bitcoin's use in commerce has expanded, making Bitcoin Pizza Day a symbol of its evolution from novelty to global financial force.
Unveiling the true value of cryptocurrencies: Key insights from Parth Chaturvedi of CoinSwitch Ventures
In a realm as dynamic as cryptocurrency, deciphering the factors that underpin the value of digital assets can feel akin to solving a cryptic puzzle. Parth Chaturvedi, Head of Investments at CoinSwitch Ventures, recently led an illuminating session designed to demystify the essence of crypto asset value.
Bitcoin Pizza Day and the rise of crypto commerce
Bitcoin Pizza Day celebrates the first real-world Bitcoin transaction in 2010 when Laszlo Hanyecz, a programmer, paid 10,000 Bitcoins for two Papa John's pizzas. This event marked the rise of crypto commerce, as highlighted by Mr. CEO & Co-founder of Mudrex, a Global Crypto Investment Platform.
Cryptocurrencies gain as investors turn optimistic on ether ETFs
Ether, which underpins the ethereum blockchain network, was 8% higher on the day at $3,775, its highest in two months, after jumping 13.8% on Monday.
Share of Bitcoin volume during US market hours surges to new record
The ETFs calculate their net asset values each weekday at the close of US stock exchanges, which Kaiko said boosts price discovery and arbitrage trading. Thursday was the day of the week with the highest share of trading during these hours, with close to 15% of the cumulative daily volume, Kaiko found.
Ethereum skyrockets 22% amid speculation of ether ETFs approval
This upward movement propelled Ethereum's market cap to $453.2 billion. The surge in the cryptocurrency comes amid speculation about the outcome of applications for US spot exchange-traded funds tracking the world's second-biggest cryptocurrency. The rise can also be attributed to rumours suggesting that the Securities and Futures Commission could approve these products. Over the past seven days, Ethereum has experienced a significant increase in value, rising by 32%.
Cryptocurrency Price on May 21: Bitcoin jumps above $71k amid inflows in spot BTC ETFs; Ethereum, Avalanche rally up to 19%
During Tuesday's trading session, Bitcoin saw a significant surge of over 6%, reaching $71,178. This surge was driven by increased buying activity and renewed capital inflows into spot BTC ETFs.
Cryptocurrency Price on May 20: Bitcoin trades near $67k; Avalanche, Shiba Inu fall over 4%
Cryptocurrencies witnessed a decline in Monday's trading as investors adopted a risk-averse stance amid global uncertainties. The global market cap dipped by 1%, reaching around $2.41 trillion over the past 24 hours.
Silver bullet for your investment woes! 11% returns in May outclass gold, Sensex, Bitcoin
Silver shines amid market volatility, outpacing gold, Sensex, and Bitcoin. Industrial demand, Fed rate cut hopes fuel rally. Analysts bullish. Corrections possible, strategic buying advised.
Cryptocurrency Price on May 17: Bitcoin above $66.2K; Chainlink, Polkadot rise up to 15%
The collaboration between DTCC in the US, along with Chainlink and major US banks, completed a successful pilot to expedite the tokenization of funds. Parth Chaturvedi, of CoinSwitch, said this partnership marks a significant step towards blockchain technology in traditional asset management.
Sebi suggests local regulators oversee crypto trading
Both sets of documents, which have been seen by Reuters, have been submitted to a government panel which is tasked with formulating policy for the finance ministry to consider. SEBI's stance has not previously been reported.
Bitcoin jumps above $65.9k as US inflation data fuels rate-cut bets
Bitcoin and other major cryptocurrencies rose in Thursday's trading session as a milder-than-expected U.S. inflation report raised expectations of potential Federal Reserve interest rate cuts. The report showed a 0.3% increase in the consumer price index (CPI) for April, below the expected 0.4% rise.
Unlocking Blockchain and Web 3.0: Insights from Parth Chaturvedi of CoinSwitch Ventures
Highlighting the core strengths of blockchain, Chaturvedi underscored its transparency and security, attributes that stem from its decentralized structure spread across numerous nodes.
Cryptocurrency Price on May 13: Bitcoin holds above $61.1k; Solana, Dogecoin decline up to 5%
As of 11:50 a.m., Bitcoin was trading marginally higher at $61,150, while Ethereum experienced a 1.15% drop to $2,889. Additionally, altcoins like Solana (-5.2%), XRP (-2.6%), Dogecoin (-3.9%), Shiba Inu (-3.6%), Cardano (-2.7%), and Avalanche (-4%) followed suit in the downward trend.
Crypto hype to continue but you need to ask: Can the lure of quick money control your financial decisions?
We have reached a stage where everyone thinks that cryptocurrency is a legitimate asset class. While there may be regulatory obstacles, these will eventually be overcome. Another surge in value is inevitable, resulting in substantial increase in the wealth of those who have crypto. With each surge, a new wave of unsuspecting savers will put their financial well-being at risk.
Power of Patience: The secret to crypto investment success
The other approach is to let time do its magic because just like other asset classes, the power of compounding can create outsized returns and reward the patience of crypto investors.
Embracing Bitcoin's Volatility: Why price fluctuations shouldn't scare investors
Bitcoin is a revolutionary asset that defies traditional financial structures. Unlike companies, Bitcoin has no CEO, management team, earnings to hit, or competitors vying for its market share. It is a physical, bearer asset that can be held without counterparty risk, similar to gold, and it has no dilution risk.
Bitcoin trades at $62,000 level amid regulatory scrutiny in the US
Despite facing these hurdles, Bitcoin has shown remarkable resilience, boasting a staggering 127% increase in value over the past year. It has firmly held above the $60,000 threshold, with immediate support pegged at $61,300 and resistance at $64,500, currently trading at $63,000.
Could this new meme coin 10x like other Solana presales?
Sealana ($SEAL) emerges as a top meme coin in 2024, with potential for significant growth. Investors can participate in the presale by sending $SOL to the project wallet or using the over-the-counter widget on the Sealana website.
Cryptocurrency Price on May 10: Bitcoin rises over 2% to $62.9k on renewed global rate cut optimism
Other major crypto tokens such as Solana (7%), Toncoin (12.1%), Dogecoin (3.4%), Shiba Inu (2.6%), Avalanche (3.7%), Chainlink (2%), and NEAR Protocol (4.4%) also surged. The volume of all stablecoins is now $58.67 billion, which is 92.17% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
Bitcoin Investment: 5 tips to invest in the crypto asset
New investors in Bitcoin must keep their minds open, and do their due diligence before deciding to invest in Bitcoin, as it does not only offer a huge payday but also stark uncertainty at times. Purchasing or mining Bitcoin can often be tricky, so here are some tips that will offer some insights to beginners thinking about entering the crypto market.
Exploring the long-term implications of the 2024 Bitcoin Halving on anticipated market shifts
At a basic level, Bitcoin halving is part of the Bitcoin blockchain’s protocol and serves as a mechanism for regulating supply. It is programmed to occur approximately every four years or after the creation of 210,000 blocks and consists of a reduction in the block reward granted to miners.
Crypto Gems: Top crypto assets to watch & buy in May 2024
Ondo Finance (ONDO) facilitates the tokenization of real-world assets such as real estate, commodities, and art. This allows investors to access fractional ownership of traditionally illiquid assets, diversifying their portfolio beyond typical crypto assets.
Cryptocurrency Price on May 8: Bitcoin slips below $62,500; Solana, Dogecoin fall decline over 4%
In Wednesday's trading session, the cryptocurrency market experienced a downturn, led by prominent coins like Bitcoin, Ethereum, Solana, and Dogecoin. The global cryptocurrency market cap decreased by 1.8%, reaching around $2.3 trillion within 24 hours.
Best crypto to invest in May 2024
A diversified portfolio could mitigate risk in anticipation of May 2024's market conditions. This guide explores a range of cryptocurrencies, including established leaders like Bitcoin and Ethereum, as well as promising projects across various sectors.
Cryptocurrency Price on May 7: Bitcoin falls below $63,700; Shiba Inu, Dogecoin tank 5%
As of 12:14 p.m., Bitcoin was trading 1% lower at $63,649, while Ethereum experienced a 3.5% drop to $3,068. Additionally, altcoins like BNB (-1.1%), Dogecoin (-4.9%), Toncoin (2.6%), Cardano (3.3%), Avalanche (-3.1%), and Shiba Inu (-5.2%) followed suit in the downward trend.
Is Japanese Yen a canary in the coalmine? What it means for Bitcoin
The crisis facing the yen stems from a confluence of factors that have pushed the Bank of Japan into an economic policy corner. With a debt-to-GDP ratio of over 260%, among the highest in the world, Japan has been effectively locked into keeping interest rates at ultra-low levels, near zero, for years.
Grayscale Bitcoin Trust's shares jump after first inflow since January
Some outflows were also tied to the wave of bankruptcies in the crypto industry, as companies that collapsed in the last two years pulled money out of the fund to repay their creditors.
Bitcoin jumps above $64,000 on Fed rate cut hopes; Toncoin, Polkadot climb up to 7%
Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.
Crypto dreams and reality collide again in Bitcoin heartbreak rerun
Bitcoin faced a 16% decline in April, the worst since November 2022, attributed to outflows from spot ETFs in the US post the Bitcoin halving event on April 18. Other factors include macroeconomic issues and geopolitical tensions.
HBAR Surge: Insights and analysis of Hedera by Mudrex expert
With a notable surge in transaction volume, Hedera Hashgraph (HBAR) marks its fifth consecutive quarter of growth in Q3 2023.
Bitcoin slump triggers warning of 'trouble ahead' for global markets
The cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst monthly drop since Sam Bankman-Fried’s FTX digital-asset empire imploded in November 2022. The token changed hands at $57,359 as of 11:17 a.m. Thursday in Singapore, around a two-month low.
Bitcoin ETFs flash signs of stress as discounts reach records
The $9 billion Fidelity Wise Origin Bitcoin Fund (FBTC) saw a 1.1% discount while the $2.5 billion ARK 21Shares Bitcoin ETF (ARKB) and the $2 billion Bitwise Bitcoin ETF (BITB) both closed with discounts of more than 1.4%, also the biggest on record for each.
Bitcoin sinks 4% before Fed after mixed investment launch
Bitcoin sank Wednesday before the US Federal Reserve's interest rate call, and after a mixed launch in Hong Kong of investment products tracking the world's top cryptocurrency and rival ether. However, Hong Kong's first spot bitcoin and ether ETFs, launched on Tuesday, received a lukewarm reception.
Bitcoin and Ether prices drop ahead of Fed interest rate decision
Bitcoin and Ethereum values dropped as investors awaited the Federal Reserve's interest rate decision. Other major crypto tokens also experienced losses. Binance's former CEO's sentence added to the market's uncertainty.
Bitcoin, Ether prices drop amid lackluster debut of Hong Kong ETFs
In their Hong Kong debut on Tuesday, six spot Bitcoin and Ether exchange-traded funds (ETFs) delivered mixed performances amid relatively tepid trading, reflecting the city's assessment of Asian investors' interest in cryptocurrency assets.
Asia's first spot bitcoin and ether ETFs gain in Hong Kong debut
Six spot bitcoin and ether exchange traded funds (ETFs) gained in their Hong Kong debut on Tuesday with the three bitcoin ETFs climbing more than 3% in early trade.
Cryptocurrency Price on April 26: Bitcoin rises marginally above $64.3K; Solana, Toncoin shed over 2%
The global cryptocurrency m-cap rose marginally by 0.08% to around $2.37 trillion in the last 24 hours. Bitcoin was up 0.2% at $64,331 as of noon, while Ethereum was below the $3,150 level.
Bitcoin bulls pause leveraged bets as demand cools post-halving
The metric underscores a moderation in demand for Bitcoin after a period in which a batch of US spot-Bitcoin ETFs drove the token to record highs.
Best Crypto Exchanges & Apps in India for 2024
Cryptocurrency market in India flourishes with platforms like Mudrex leading the way. Investors benefit from diverse tokens, top-tier security, and simplified trading experiences offered by these platforms.
Bitcoin environmental battles heat up in US
Bitcoin industry battles increase in US. Environmental concerns grow over energy consumption. Legal fights erupt over mining permits. Community backlash against noise and pollution. State-level laws challenge local regulations on mining operations.
Bitcoin Halving: Understanding the impact on prices and market dynamics
Approximately every four years or every 210,000 Bitcoin blocks, the reward for miners is halved, leading to a reduction in the rate of new Bitcoin issuance. This event, known as halving, serves to curb inflationary pressures and maintain the scarcity of Bitcoin over time.
Second week of crypto fund outflows shows appetite ebbs for ETFs
Crypto asset outflows totaled $206 million in the week through April 19, according to the report. Investors pulled $244 million from US ETFs, with the outflows coming mostly from incumbent funds, while newly issued ETFs continued to see inflows, though lower than in prior weeks.
Bitcoin 'halving' cuts supply of new tokens in threat to miners
The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies known as miners for validating transactions.
