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Page 25 - Cryptocurrency

Crypto exchange Bittrex files for bankruptcy, no impact on global business

Bittrex denied the SEC's allegations, saying the crypto assets on its platform were not securities or investment contracts

Crypto exchange Bittrex files for bankruptcy, no impact on global business
Updated On : 09 May 2023 | 4:55 PM IST

Bitcoin based-memecoin 'PePe' surge seen driving Binance anxiety

Cold wallets aren't connected to the internet, unlike hot ones, and are often viewed as a more secure way of storing digital currency

Bitcoin based-memecoin 'PePe' surge seen driving Binance anxiety
Updated On : 08 May 2023 | 8:27 PM IST

Chinese users of Binance, FTX show holes in Beijing's cryptocurrency ban

These glimpses of their trading activity support suspicions that some of China's 1.4 billion people flout the prohibition Beijing imposed in September 2021

Chinese users of Binance, FTX show holes in Beijing's cryptocurrency ban
Updated On : 07 May 2023 | 8:11 AM IST

Bitcoin perpetuals becoming an even bigger driver of digital token's price

The perpetual contract was first introduced by crypto exchange BitMEX in 2016. Exchanges use the so-called funding rate - or the cost to trade

Bitcoin perpetuals becoming an even bigger driver of digital token's price
Updated On : 05 May 2023 | 11:35 PM IST

Bitcoin trading volume tanks massively by 58% to $492.9 billion in April

Bitcoin trading volume sank by almost $700 billion in April, historically seen as one of the strongest months for Bitcoin and other cryptocurrencies, bringing the biggest average monthly returns

Bitcoin trading volume tanks massively by 58% to $492.9 billion in April
Updated On : 03 May 2023 | 3:08 PM IST

Bitcoin's monthly streak brings $100,000 into view if history is right

Bitcoin is set to climb for the fourth month in a row after eking out an April gain, the best such stretch since a six-month advance through March 2021

Bitcoin's monthly streak brings $100,000 into view if history is right
Updated On : 30 Apr 2023 | 11:49 PM IST

Crypto wrap: Market in the green ahead of US Fed announcement next month

The US Federal Reserve is expected to meet on May 2 and 3 to decide on further rate hikes

Crypto wrap: Market in the green ahead of US Fed announcement next month
Updated On : 28 Apr 2023 | 4:42 PM IST

Crypto exchange CoinDCX releases proof of reserve for January-March 2023

As of March 24, 2023, CoinDCX has reserves of 199.4 million tether (USDT) against the liabilities in 198.5 million tether (USDT)

Crypto exchange CoinDCX releases proof of reserve for January-March 2023
Updated On : 28 Apr 2023 | 2:34 PM IST

Bitcoin extends recent bout of volatility in climb back toward $30,000

The largest token rose as much as 3.7% on Thursday to trade at $29,469.45, before paring the advance to around $28,930 as of 9:30 a.m. in New York

Bitcoin extends recent bout of volatility in climb back toward $30,000
Updated On : 27 Apr 2023 | 7:58 PM IST

Bitcoin begins to test inflection point while momentum slows: Report

The largest digital currency is trading around its 50-day moving average, with Paul Hickey of Bespoke Investment Group noting that the level to watch is $27,500

Bitcoin begins to test inflection point while momentum slows: Report
Updated On : 26 Apr 2023 | 3:48 PM IST

Bitcoin could hit $100,000 by end-2024, says Standard Chartered

Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S. Federal Reserve ends its rate-hiking cycle

Bitcoin could hit $100,000 by end-2024, says Standard Chartered
Updated On : 24 Apr 2023 | 10:25 PM IST

SVB still seeing outflows after first citizens takeover, FT says

First Citizens' stock has risen more than 77% since the takeover, with its price hitting a record last week

SVB still seeing outflows after first citizens takeover, FT says
Updated On : 23 Apr 2023 | 1:51 PM IST

Closer look at Bitcoin's rally suggests the depth of demand is deceptive

Since Binance stopped its zero-fee trading program, there's been a sharp drop-off in daily Bitcoin volume, Medalie said. Current trends are about half what they were prior to the halt

Closer look at Bitcoin's rally suggests the depth of demand is deceptive
Updated On : 21 Apr 2023 | 10:18 PM IST

Crypto wrap: Profit booking, UK inflation data pull major tokens down

After a good show in the first half of the week, major crypto tokens saw major sell-off

Crypto wrap: Profit booking, UK inflation data pull major tokens down
Updated On : 21 Apr 2023 | 4:47 PM IST

Bitcoin drops again below $30,000 on account of interest rate fears

The largest token fell as much as 4.5% before paring some of the slide to trade at about $29,175 as of 11:50 a.m. in London on Wednesday

Bitcoin drops again below $30,000 on account of interest rate fears
Updated On : 19 Apr 2023 | 5:21 PM IST

Bitcoin stalls near $30,000 after the token's biggest drop in over a month

Recent economic data have helped to firm bets on a quarter-point Fed rate hike in May while tempering projections for subsequent policy easing

Bitcoin stalls near $30,000 after the token's biggest drop in over a month
Updated On : 18 Apr 2023 | 6:34 PM IST

Explained: All you need to know about Ethereum's latest Shapella upgrade

Regarded as the last milestone in the cryptocurrency's multi-year shift from proof-of-work (PoW) to proof-of-stake (PoS) consensus, Shapella will make earlier staked Ethereum more liquid

Explained: All you need to know about Ethereum's latest Shapella upgrade
Updated On : 18 Apr 2023 | 4:31 PM IST

Bitcoin surged past $30,000. Is another crypto boom on the way?

It's clear that while the mood has improved compared with last year's apocalyptic vibe, the promising Bitcoin rebound alone won't be enough to fix the damage from last year's scandal-filled downturn

Bitcoin surged past $30,000. Is another crypto boom on the way?
Updated On : 15 Apr 2023 | 6:23 PM IST

Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease

For the past three weeks, Bitcoin was stuck in the range of $26,500 and $29,400

Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease
Updated On : 11 Apr 2023 | 10:36 PM IST

Bitcoin touches high end of recent range; Dogecoin extends gain

The largest cryptocurrency by market value rose as much as 3.1% to $28,442 on Tuesday, its first session higher in three

Bitcoin touches high end of recent range; Dogecoin extends gain
Updated On : 04 Apr 2023 | 10:29 PM IST