Page 25 - Cryptocurrency

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

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

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 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

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

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 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 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

Crypto wrap: Market trading flat amid regulatory crackdown on Binance

Earlier this week, the US Commodity Futures Trading Commission filed a lawsuit against Binance for trading against customers and misusing internal trading channels

FTX founder Bankman-Fried charged with paying $40 million bribe to China

FTX founder charged with directing USD 40 mn in bribes to one or more Chinese officials to unfreeze assets relating to his cryptocurrency business in a newly rewritten indictment unsealed on Tuesday

Crypto exchange Binance, its CEO sued by CFTC over US regulatory violations

Binance Holdings is the world's largest cryptocurrency exchange

Binance halts deposits, withdrawals after technical glitches: CEO Zhao

"Engine 1 is back online. Still need more time to do reconciliations, and for other engines to catch up," Zhao said in a subsequent tweet

Crypto wrap: Market remained in green despite rate hikes by Fed, BoE

Another major development in the crypto world during the week was the US Securities and Exchange Commission's 'Wells notice' to crypto exchange Coinbase

Bitcoin set to extend its 70% surge this year if key charts are right

Some analysts argue the token is being viewed as a hedge against the woes in the US and European banking sectors and benefiting from expectations of looser monetary policy

Nordek Blockchain is blazing a trail with speedy, Low-cost blockchain for payments, Gamefi and loyalty programs

Crypto exchange WazirX blocked 2,431 accounts between Oct 2022-March 2023

WazirX received 431 requests from law enforcement agencies, against a total transaction volume of $390 million during the above-mentioned period

Crypto decouples from global financial markets amid banking sector gloom

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Crypto wrap: Opposite to global sentiments, crypto market jumps big

Cryptocurrency news: According to some experts, however, despite the bull run, the investors must remain cautious

Crypto under PMLA: CoinDCX registers itself as reporting entity with FIU

As per the Prevention of Money Laundering Act (PMLA), 2002, a reporting entity is required to conduct KYC verification of the customers and maintain their records

Crypto firms see no long term impact of fall of US banks, investors unsure

SVB crisis: After the SVB was shut down by US regulators on Friday, the crypto market plunged deep into the red, but they had largely recovered by Tuesday