Page 39 - Cryptocurrency

Crypto weekly wrap: Bitcoin to rise once it reaches $20,400, say experts

For Ethereum, which is scheduled to go for 'The Merge' on September 6, will likely break out of the $2,000 level before the event, experts suggest

Bitcoin may have hit a floor after Fed chief's speech at Jackson Hole

The largest cryptocurrency is down about 6% since Powell's hawkish Aug. 26 Jackson Hole speech underlined that the Federal Reserve wants to subdue financial markets

Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto

The largest token fell as much as 2.3% on Monday to $19,527, the fifth day of declines

Powell's Jackson Hole speech leaves crypto investors in a tough spot

The total crypto market cap fell below $1 trillion after staying above it for over a month. Bitcoin fell below $20,000, and Ethereum slipped below $1,500

Divide emerges between retail, pros on how to play Ether upgrade

Ethereum recently completed its last test before the upgrade, and developers said the main event should take place next month

Over half of Bitcoin's daily trading volume fake globally: Report

More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil

Zuckerberg not qualified to run metaverse: Elon Musk's ex-girlfriend Grimes

Elon Musk's former singer-girlfriend Grimes has questioned the ability of Meta founder and CEO Mark Zuckerberg's capabilities of making his $10 billion Metaverse dream a success

Bitcoin plunges below $20,000, may reach $10,000 level this year

After showing some stabilisation in the last few weeks, world's largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell's keynote address

ED inquiry on CoinSwitch not linked to money laundering under PMLA: CEO

"Enforcement Directorate-Bengaluru has been engaged with us with respect to functioning of our crypto platforms/exchanges. We are fully cooperating with them," he said in a tweet thread.

Crypto wrap: Expect high volatility as inflation still a worry, say experts

Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally

HNIs more cautious on foreign investment after new rules kick in

According to the new rules of the liberalised remittance system (LRS), an Indian resident can now invest $250,000 a year in foreign stocks, debt etc

Helper Coin is a faith-based asset

Cryptos' volatility seen leading to purge of 'Merge frontrunners'

Speculators have scooped up Ether call options with traders waging the token's price could rise to around $2,200 in September in the past few weeks

ED now raids CoinSwitch Kuber, firm says engaging with all stakeholders

The Enforcement Directorate (ED) on Thursday searched the premises of leading crypto exchange CoinSwitch Kuber for alleged Foreign Exchange Management Act (FEMA) violations

Euro bounces back to parity with the dollar as investor sentiment improves

The euro briefly rebounded back above parity with the dollar on Thursday as the US currency's recent rally ran out of steam

Explained: Ethereum set for mega 'merger' to become more energy efficient

Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain

Sentiment around NFTs drops 14% in companies amid crypto downturn: Report

In Q2 2022, NFTs have been the topic of more debates than ever, although opinions have changed resulting in a decrease in optimism.

Bitcoin stuck in narrow range as traders brace for Jackson hole

Cryptocurrencies have been trading in tandem with US equities this year as both have been swayed by the Federal Reserve's interest-rate-hiking path

WazirX co-founder raising up to $20 mn for new blockchain venture: Report

Nischal Shetty's new venture Shardeum aims to solve the existing shortcomings of Blockchains, such as Ethereum, including low scalability, high fees, and low throughput.

The sleuths who protect cryptocurrencies from hackers are raking in money

As mass firings become the norm elsewhere in crypto, they're boosting hiring, raising prices and taking in fresh funding