Page 17 - Cryptocurrency

With ETF demand cooling, Bitcoin faces worst month since FTX crash

The original cryptocurrency is down 14% in April, the most since it slumped 16% in November 2022. The US-ETF induced mania took Bitcoin to a record high of almost $74,000 in March

Bitcoin falls heavily as Israel strikes Iran, slides below $60,000

Israel launched an attack on Iranian soil on Friday, sources said, days after Iran launched a drone strike on Israel

Bitcoin briefly drops below $60,000 ahead of halving software adjustment

The original digital asset fell as much as 5% to $59,888, before paring the decline. Bitcoin has dropped by about 18% since it reached a record $73,797 on March 14

Bitcoin's share of crypto market highest since 2021 partly due to ETFs

Bitcoin and second-ranked Ether jumped on Monday, boosted by indications that asset managers will soon launch Hong Kong-listed ETFs for both tokens

HK gives initial approval to first Bitcoin, ether spot ETFs, say funds

At least three offshore Chinese asset managers will launch the virtual asset spot ETFs soon

Bitcoin 'halving' will deal a $10 billion revenue blow to crypto miners

"This is the final push for miners to squeeze out as much revenue as they can before their production takes a big hit," said Matthew Kimmell, a digital asset analyst at CoinShares

Bitcoin rebounds from sharp slump triggered by Iran's attack on Israel

The largest cryptocurrency advanced 3.9% to $64,40 as of 8:50 a.m. in London on Sunday after jumping as much as 8.3% earlier

Crypto exchange platform CoinSwitch's parent launches app for stock broking

The launch marks PeepalCo's expansion into stock broking. It will be operated as a separate business division with its own managing and operations teams

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

US District Judge Lewis A. Kaplan imposed the sentence in the same Manhattan courtroom where, four months ago, Bankman-Fried testified that his intention had been to revolutionize crypto

Ex-crypto mogul Sam Bankman may go to jail for defrauding FTX investors

Bankman-Fried was worth billions of dollars on paper as the co-founder and CEO of FTX, which was the second-largest cryptocurrency exchange in the world at one time

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

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

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 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

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

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 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