Page 11 - Latest Updates on Bitcoin
Crypto decouples from global financial markets amid banking sector gloom
The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday
 "Crypto decouples from global financial markets amid banking sector gloom")
Crypto wrap: Opposite to global sentiments, crypto market jumps big
Cryptocurrency news: According to some experts, however, despite the bull run, the investors must remain cautious
 "Crypto wrap: Opposite to global sentiments, crypto market jumps big")
Crypto firms see no long term impact of fall of US banks, investors unsure
SVB crisis: After the SVB was shut down by US regulators on Friday, the crypto market plunged deep into the red, but they had largely recovered by Tuesday
 "Crypto firms see no long term impact of fall of US banks, investors unsure")
Bitcoin jumps to highest since June as global markets rally gathers pace
Bitcoin jumped as much as 9.6% to $26,533, its highest since June 2022, in its fourth straight days of gains
 "Bitcoin jumps to highest since June as global markets rally gathers pace")
Crypto wrap: Silvergate fallout pulls market down, Bitcoin at two-week low
Silvergate has been a go-to bank for the biggest crypto players but has come under fire since the collapse of FTX late last year
Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high
The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary
 "Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high")
Crypto wrap: 'Surprise rally' in crypto market on US inflation data
The US inflation, according to data released on Wednesday, continued to fall for the seventh straight month in January to 6.4%
 "Crypto wrap: 'Surprise rally' in crypto market on US inflation data")
Crypto wrap: SEC's fine on Kraken poses wider threat to market, say experts
Following the SEC order, the crypto industry saw massive sellout, with Bitcoin falling nearly 4 per cent and Ethereum declining over 5 per cent in the last 24 hours
Cryptoverse: Are bitcoin, ether out of the woods? Consider the options
Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%
Tesla reveals loss of $204 million from Bitcoin investments in 2022
Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments
 "Tesla reveals loss of $204 million from Bitcoin investments in 2022")
Economic Survey flags concerns on Crypto, pushes for global regulation
Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus
 "Economic Survey flags concerns on Crypto, pushes for global regulation")
Bitcoin barrels toward historic January as crypto market jumps by $280 bn
Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing
 "Bitcoin barrels toward historic January as crypto market jumps by $280 bn")
Crypto wrap: Market in green but Fed announcement to keep volatility high
US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2
Cryptoverse: Bitcoin on the charge in 2023, clocks a 26% gain in January
Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clocked a 26% gain in January
 "Cryptoverse: Bitcoin on the charge in 2023, clocks a 26% gain in January")
Crypto wrap: Market recovers after weeks due to softening of inflation
The US inflation cooled down to 6.5% in December as compared to a year ago
15 mn Bitcoin stagnant in past 6 months amid cryptocurrency winter
In a significant concern for many in the cryptocurrency community amid the deepening crypto winter, the total amount of inactive Bitcoin (BTC) for at least six months has grown to over 15 million
WazirX's reserves at $284.4 million, highest in the form of Shiba Inu
Indian crypto exchange's reserve-to-liability ratio stands at 1:1
CoinSwitch says it has a surplus of users' crypto assets worth Rs 1,083 cr
Exchange says it has enough reserves to meet withdrawals made by its users even in "turbulent" times
 "CoinSwitch says it has a surplus of users' crypto assets worth Rs 1,083 cr")
Crypto wrap: Market up but Gemini-DCG fiasco poses threat, say experts
Co-Founder of crypto exchange Gemini Cameron Winkelvoss gave a soft ultimatum to Digital Currency Group (DCG) CEO Barry Silbert to collaborate on repaying Genesis by January 8
 "Crypto wrap: Market up but Gemini-DCG fiasco poses threat, say experts")
US regulators issue their first-ever joint warning on cryptocurrency risks
Banks were also cautioned over the "contagion risk" from the sector
 "US regulators issue their first-ever joint warning on cryptocurrency risks")
