Page 16 - Cryptocurrency
Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin
Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning
 "Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin")
Bankrupt crypto lender Genesis to pay $21 million to settle SEC charges
The deal resolves January 2023 charges the SEC filed against Genesis and Gemini Trust Company LLC over their joint crypto lending program
 "Bankrupt crypto lender Genesis to pay $21 million to settle SEC charges")
Bitcoin cracks 8% in 24 hours after touching new high, may fall further
$526 mn worth of crypto wagers were liquidated in the past 24 hours, according to one analysis
 "Bitcoin cracks 8% in 24 hours after touching new high, may fall further")
Bitcoin tops $73,000 level to hit new record on insatiable ETF demand
The world's largest cryptocurrency reached a high of $73,664 on Wednesday, before paring its rise slightly to trade at around $73,080 as of 8:29 a.m. in New York
Bitcoin above $71,000 as demand frenzy intensifies, hits new record high
Britain's financial watchdog on Monday became the latest regulator to pave the way for digital asset trading products after
Y-Combinator-backed Mudrex to offer Bitcoin Spot ETFs to Indian investors
It comes at a time when Bitcoin touched its all-time high of $71,677 on Monday mainly due to the enthusiasm around Bitcoin ETFs
 "Y-Combinator-backed Mudrex to offer Bitcoin Spot ETFs to Indian investors")
Bitcoin miners are devouring electricity at record pace during crypto rally
Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings
 "Bitcoin miners are devouring electricity at record pace during crypto rally")
Indian cryptocurrency exchanges hope for revival in Bitcoin rally
Indian cryptocurrency exchanges hope for a revival in sentiment as Bitcoin price is up nearly 50% in a month to over $66,000
Bitcoin set for biggest monthly jump since 2020 boom amid ETF boost
The largest cryptocurrency by market capitalisation was last up 3.4% at $62,205, having changed hands at $63,933 overnight, the highest since late 2021
 "Bitcoin set for biggest monthly jump since 2020 boom amid ETF boost")
Bitcoin nears $64,000, experts say it may beat previous high before halving
The surge in traffic on Wednesday triggered trading outages and displays of $0 balances for users of Coinbase, the largest US digital asset exchange
He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer
Attorneys for the 31-year-old former crypto mogul made their recommendation to US District Judge Lewis A. Kaplan in a 98-page memo late Tuesday ahead of his March 28 sentencing
 "He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer")
Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020
The bigger bitcoin exchange-traded funds (ETFs), which were listed in the US on January 11, have seen a definite pickup in interest this week
Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200
Since the start of 2024, Bitcoin has gained 33 per cent, primarily due to the high demand of its recently launched ETFs
 "Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200")
Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days
That stands in contrast to the other nine freshly launched spot Bitcoin ETFs, all of which are sitting on net inflows since trading began
 "Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days")
Bitcoin tops $53,000 to reach highest in more than two years: Report
It last traded at this level in December 2021, and reached an all-time high of almost $59,000 the prior month
Crypto wrap: Bitcoin sees profit booking after touching $1 trn market cap
The focus this week shifted towards Ethereum, as it led prices ahead of Bitcoin and crossed the crucial $3,000 level before falling
Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year
Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko
Bitcoin reclaims $1 trillion market cap for first time since November 2021
According to experts, the upcoming Bitcoin halving in April may lead to the token retesting its all-time high level of $69,000
 "Bitcoin reclaims $1 trillion market cap for first time since November 2021")
Bitcoin surges to $50,000 for the first time since 2021 on ETF demand
Aside from ETF inflows, sentiment toward Bitcoin is "typically positive" during the Lunar New Year holidays that are currently underway in Asia, Fundstrat Global Advisors wrote in a note
Bitcoin Surges to $50,000 for the First Time Since 2021 on ETF Demand
The original cryptocurrency has tripled in value since the start of last year, climbing back from a 64% plunge in 2022