CRYPTO INVESTMENT
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.
Crypto Price Today: Bitcoin gains over 4%, Altcoins Solana, Dogecoin, Cardano jump up to 7%
Bitcoin's bullish trend relies on breaking resistance at $61,500 amid key U.S. macro events like job openings. Market stability is crucial for sustained growth.
US Treasury finalises new crypto tax reporting rules
The new tax reporting requirements for crypto brokers aim to improve accuracy, ensuring that crypto owners pay the tax owed on digital asset transactions. The rules will help simplify reporting and may lead to additional IRS regulations for non-custodial brokers in the future.
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.
BlockDAG crypto: Is this the next big thing in the crypto world?
BlockDAG's presale triumphs signal a new era in digital currencies, poised to secure substantial funds. The impressive growth trajectory and market leadership position it as a game-changer in the crypto world, paving the way for remarkable success and innovation.
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.
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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.
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.
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.
Crypto money is poised to sway US polls
Cryptocurrency executive Ryan Selkis, from Messari, spoke at an event celebrating Trump's NFTs, emphasizing the political influence of the 50 million U.S. crypto holders.
How being a father is influencing my leadership in a crypto startup
The intersection of fatherhood and leadership has profoundly shaped my approach to leading in the crypto business. The lessons learned from balancing these roles have reinforced the importance of patience, empathy, and long-term vision in ethical leadership.
First Bitcoin ETF to list on Australia’s bourse in global wave
Exchange operator ASX Ltd., which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday, VanEck said in a press release on Saturday.
Mudrex launches commission-free product ‘Earn’ for 50 cryptocurrencies
Mudrex launches 'Earn' for passive income on 50 coins, aiming for steady returns without fees. Edul Patel, CEO & co-founder of Mudrex, said the Earn product is already gaining traction, attracting over 5,000 users.
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.
Cryptocurrency Prices on June 10: Bitcoin falls below $69.5K following hotter-than-expected US jobs report
Cryptocurrencies fell due to a market selloff triggered by strong US jobs data. Bitcoin dropped below $70,000, impacting investor sentiment.
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.
Bitcoin rally and ‘short memories’ reignite everything in crypto
Bitcoin's rally is reviving animal spirits in the financial world, with a surge in deal flow and investments. The crypto market sees a return of bull market hallmarks, including celebrity endorsements and new tokens creation at a rapid pace.
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.
Why Sebi’s regulatory ambit could boost India's crypto industry
Bringing cryptocurrency under SEBI's regulation could revolutionize India's crypto market. Leveraging SEBI's proven track record in market regulation, investor protection, and technological advancements can foster trust, stability, and growth while ensuring transparency and innovation.
Hong Kong mulls nod for Ether ETF staking in contrast to US
The talks are ongoing and there's no clear timeline for a decision, the people added, asking to not be identified discussing private information. A spokesperson for the SFC didn't immediately respond to a request for comment.
US House passes crypto bill despite warnings from SEC
The House approval comes as the U.S. Securities and Exchange Commission (SEC) signals that it will likely approve applications for spot ether exchange-trade funds in a surprising boost to the industry.
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.
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.
Mudrex partners with ClearTax to simplify crypto tax filing
Through this partnership, investors and traders using Mudrex will gain access to ClearTax's comprehensive suite of tax reporting tools.
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.
Best AI tokens to invest in 2024: Newly emerging AI tokens
Investment manager VanEck predicts revenue from these projects could reach $10.2 billion by 2030 – and a staggering $51 billion in a best-case scenario.
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.
Best Meme Tokens to Invest In May 2024
As the meme coin landscape matures, certain projects stand out. Here are the top 10 meme tokens that exhibit strong growth signals fueled by dedicated communities, real-world use cases, and evolving technologies.
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