Page 16 - Latest Updates on Bitcoin
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 heading to zero, says China state media amid global crypto downturn")
Bitcoin holds above $20,000 after a week of forced crypto selling
Bitcoin reversed earlier losses to trade 0.5% higher for the session
 "Bitcoin holds above $20,000 after a week of forced crypto selling")
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
MicroStrategy can withstand bitcoin volatility: CEO amid margin call fears
MicroStrategy CEO Michael Saylor said the software firm was capable of withstanding volatility in bitcoin prices after the token slumped to levels that triggered fears of possible liquidation
 "MicroStrategy can withstand bitcoin volatility: CEO amid margin call fears")
El Salvador's bitcoin holdings value slashed in half by crypto sell-off
The 10 purchases announced by President Nayib Bukele via Twitter have a market value of just over $51 mn, with the biggest single trade - 420 coins at more than $59,000 per coin - down almost 63%
Bitcoin falls to record-low of $21,000 over worrying inflation data
Top cryptocurrency Bitcoin (BTC) further nosedived to around $21,000 per coin on Tuesday, a level it saw some five years ago
 "Bitcoin falls to record-low of $21,000 over worrying inflation data")
Bitcoin dips 17% to below $23,000; Celsius freezes all withdrawals
Crypto market cap falls below $1 trn for first time since early 2021
 "Bitcoin dips 17% to below $23,000; Celsius freezes all withdrawals")
Crypto market value tumbles after lender Celsius Network stops withdrawals
Celsius's CEL token was down about 50% to 19 cents as of 7:16 a.m. in New York Kong, according to pricing data site CoinGecko
 "Crypto market value tumbles after lender Celsius Network stops withdrawals")
Crypto market value slumps under $1 trn for first time since Jan 2021
The largest cryptocurrency, bitcoin, was down more than 9% on the day, falling to an 18-month low of $23,950
Jack Dorsey, Jay-Z partner on Bitcoin educational programme in US
Twitter co-founder and Block CEO Jack Dorsey on Friday partnered with artist Shawn Carter, popularly known as Jay-Z, to launch The Bitcoin Academy -- an educational initiative in New York
 "Jack Dorsey, Jay-Z partner on Bitcoin educational programme in US")
Cryptoverse: The early birds are betting bitcoin is bottoming out
If you're getting into crypto at these levels, a little near-term volatility could be worth a long-term payoff, says an asset manager
 "Cryptoverse: The early birds are betting bitcoin is bottoming out")
Bitcoin reclaims $31k level after weeks of languishing; Ether rises 5.6%
The crypto market could also get a boost from US consumer-price data later this week.
 "Bitcoin reclaims $31k level after weeks of languishing; Ether rises 5.6%")
