Page 13 - Latest Updates on Bitcoin
What is cryptocurrency mining?
Companies take the primary market route to raise funds. And, in the process, new securities are created. But, ever wondered how new cryptocurrencies are generated? We answer this in this segment
 "What is cryptocurrency mining?")
Musk's favourite crypto doubles in value, skeptics issue warning
Dogecoin's rally brings focus back on cryptocurrency regulations and decentralised finance networks
 "Musk's favourite crypto doubles in value, skeptics issue warning")
Crypto wrap: Markets rally on expectation of softer stance from US Fed
Bitcoin crossed the $ 20,000 mark, and Ethereum was above the $ 1,500 mark for the first time since it concluded "Merge" in September
 "Crypto wrap: Markets rally on expectation of softer stance from US Fed")
Ethereum's dominance in global crypto market up 20% after 'Merge' upgrade
The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the 'Merge', a report shpowed on Wednesday
 "Ethereum's dominance in global crypto market up 20% after 'Merge' upgrade")
Crypto weekly wrap: Tokens recover after plunging post-US inflation data
Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released
 "Crypto weekly wrap: Tokens recover after plunging post-US inflation data")
Crypto hackers set for record year after looting over $3 billion: Report
Hackers have become adept at exploiting weaknesses in the security, coding and structure of DeFi marketplaces
 "Crypto hackers set for record year after looting over $3 billion: Report")
Crypto industry's winter deepens as trading volumes plunge, funds dry up
Volumes tumble over 80% in Jan-Sept; several entities receive 'drawdown notices' from investors
 "Crypto industry's winter deepens as trading volumes plunge, funds dry up")
Crypto weekly wrap: Binance hack, inflation fears keep volatility high
The biggest news of the crypto world this week was that roughly $100 million of Binance Coin was stolen by hacking. It has sent the price of Binance down by 4 per cent
Over 51% of daily Bitcoin volume on crypto exchanges fake: Report
More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed
 "Over 51% of daily Bitcoin volume on crypto exchanges fake: Report")
Equities, Gold, FDs: Where should you invest as global headwinds rise?
With the domestic economy looking ripe to shine despite a possible global recession, analysts recommend investors look at investing a bulk of their investable surplus in equities
 "Equities, Gold, FDs: Where should you invest as global headwinds rise?")
Bitcoin touches lowest level since December 2020 after Fed's 75 bps hike
As of 12 PM (IST), Bitcoin was trading at $18,735, and Ethereum was at $1,272. The total crypto market cap is now nearing $900 billion
 "Bitcoin touches lowest level since December 2020 after Fed's 75 bps hike")
JP Morgan CEO Dimon slams crypto tokens as 'decentralised Ponzi schemes'
"I'm a major skeptic on crypto tokens, which you call currency, like Bitcoin," the JPMorgan Chase & Co CEO James Dimon said
 "JP Morgan CEO Dimon slams crypto tokens as 'decentralised Ponzi schemes'")
Bitcoin touches 3-month low; Ether extends fall since 'Merge' update
Investors are bracing for volatility from the jumbo Federal Reserve interest-rate hike expected Wednesday to fight price pressures.
 "Bitcoin touches 3-month low; Ether extends fall since 'Merge' update")
Govt working on GST on crypto transactions, defining legal framework
The government is working on a comprehensive indirect tax regime for crypto assets which will check revenue loss to the exchequer
 "Govt working on GST on crypto transactions, defining legal framework")
Crypto wrap: What to expect from the market after Ethereum's 'Merge'
With Merge, Ethereum has transitioned from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS). It is expected to cut energy consumption for minting the digital tokens by 99.5 per cent
 "Crypto wrap: What to expect from the market after Ethereum's 'Merge'")
Crypto wrap: 'Merge' in focus, inflation figures still key, say experts
Bitcoin, the largest crypto token by market capitalisation, was trading at $21,750 on Friday. On Monday, it had briefly hit the $25,000 mark
'Inflation has peaked' narrative premature, impact to stay: Crypto experts
Bitcoin, the largest cryptocurrency by market cap, has fallen nearly 10 per cent since the Fed announcement of the inflation figures and was trading at $20,367.16 on Wednesday
 "'Inflation has peaked' narrative premature, impact to stay: Crypto experts")
Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown
The Merge, expected to take place on Thursday, could lead to wider use of the blockchain, potentially boosting ether's price - although nothing is certain in a capricious crypto market
Crypto weekly wrap: Despite gains, experts want investors to wait and watch
Ahead of much anticipated "Merge" Ethereum will be on the radar of the investors, however, it may not perform as good as it is expected to, experts said
Bitcoin is seen poised to escape from tightest trading range in two years
Bitcoin, which accounts for about 40 per cent of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4%, the narrowest since October 2020
 "Bitcoin is seen poised to escape from tightest trading range in two years")
