Page 16 - Latest Updates on Bitcoin
Buckle Up: How investors can deal with turbulence in crypto market
Bitcoin - the dominant cryptocurrency - fell from a high of more than $67,000 to its current level just below $20,000.
 "Buckle Up: How investors can deal with turbulence in crypto market")
Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests
Sudden plunge in crypto, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to cash in on that and other heists, and may affect how it plans to fund its weapon prog
 "Crypto crash threatens N. Korea's stolen funds as it ramps up weapons tests")
MicroStrategy buys $10-mn Bitcoin in middle of crypto's big chill
As of June 28, the company holds about 129,699 Bitcoin bought for about $3.98 billion, or $30,664 per coin, according to the filing
Crypto winter: Why this bitcoin bear market is different from the past
Crypto loans - particularly those in decentralized-finance apps that dispense with intermediaries like banks - often require borrowers to put up more collateral than the loan is worth
 "Crypto winter: Why this bitcoin bear market is different from the past")
Crypto broker Voyager Digital issues default notice to Three Arrows Capital
Singapore-based 3AC is one of the higher profile crypto companies to have run into difficulties following crypto markets' selloff in recent months
 "Crypto broker Voyager Digital issues default notice to Three Arrows Capital")
Stablecoins not stable, have 'no role' as money, warns top banker
As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said.
Investors who have a long horizon should wait for crypto prices to recover
Those who don't anything to do with this highly volatile asset class may also throw in the towel
 "Investors who have a long horizon should wait for crypto prices to recover")
Crypto exchanges hunker down as everything goes wrong in India
With token prices plummeting, customers unable to transfer money to their accounts and a dreaded tax on cryptos just around the corner, exchanges like WazirX have put expansion plans on back burner
 "Crypto exchanges hunker down as everything goes wrong in India")
Bitcoin options point to positive signs after meltdown, say traders
The environment, of course, has been strained by a number of hacks, as well as combustions of stablecoin projects and foldings of big-name crypto hedge funds
 "Bitcoin options point to positive signs after meltdown, say traders")
Bitcoin heading to zero, says China state media amid global crypto downturn
Chinese state-run newspaper The Economic Daily earlier justified China's ban on cryptocurrency trading by taking examples of the collapse of stablecoins terraUSD and luna whose value reached zero.
Bitcoin holds above $20,000 after a week of forced crypto selling
Bitcoin reversed earlier losses to trade 0.5% higher for the session
Lending app tries to take over 'whale' a/c to halt crypto collapse
Mounting Crypto Liquidations Make DeFi Go to Extremes: Industry fears contagion as Bitcoin struggles to keep above key level of $20,000
 "Lending app tries to take over 'whale' a/c to halt crypto collapse")
Crypto industry fears contagion as bitcoin price slips under $20,000
Bitcoin has lost almost 60% of its value this year and 37% this month alone in the cryptocurrency sector's latest meltdown
 "Crypto industry fears contagion as bitcoin price slips under $20,000")
Bitcoin goes past psychological threshold of $20,000 after significant drop
The price of a bitcoin inched above USD 20,000 on Sunday after the broader crypto selloff dragged it below the significant psychological threshold a day earlier
Bitcoin bounces after rout but vibe is still 'strongly negative'
The world's largest cryptocurrency climbed as much as 12% early Sunday, recouping some of its losses from a steep drop Saturday that sent the token to as low as $17,599
 "Bitcoin bounces after rout but vibe is still 'strongly negative'")
Bitcoin drops below $20,000 to lowest since Dec 2020 as investors flee
The digital currency sector has been pummelled this week after cryptocurrency lending company Celsius froze withdrawals.
 "Bitcoin drops below $20,000 to lowest since Dec 2020 as investors flee")
Bill Gates blasts cryptocurrencies, NFTs as based on 'greater-fool' theory
Bitcoin plunged more than 15% Monday and another 5.4% Tuesday, part of a broader crypto selloff fueled by higher than forecast US inflation
 "Bill Gates blasts cryptocurrencies, NFTs as based on 'greater-fool' theory")
Bitcoin sinks to fresh 18-month low of $20,079 as crypto meltdown deepens
The value of the global crypto market has tumbled 70% to under $900 billion from a peak of $2.97 trillion in November, CoinMarketCap data shows
'Get-rich-quick' days over for crypto investors post relentless sell-off
Global and domestic prices have been on a downward trail since November last year when Bitcoin prices hit a peak of close to $68,000 in international markets
 "'Get-rich-quick' days over for crypto investors post relentless sell-off")
Crypto update: Bitcoin's unrelenting selloff puts prices on verge of $20k
A market that started sliding late last year on expectations of tighter monetary policy is now showing signs of widespread panic