As the cryptocurrency market cap crossed $1.1 trillion mark on Friday and Bitcoin rose above $24,000, experts said that 'we are not there yet'
June's crypto wipeout has given way to a sharp rebound, with Ether up 47% this month and Polygon more than doubling
Bitcoin, the largest cryptocurrency by market cap, regained the $22,000 level and was trading at $22,241.17, over 4 per cent higher than the last close
Crypto loans - particularly those in decentralized-finance apps that dispense with intermediaries like banks - often require borrowers to put up more collateral than the loan is worth
European benchmarks were higher Monday after most Asian markets retreated, while the price of bitcoin hovered near USD 20,000. US futures advanced and oil prices fell back early Monday. The price of the world's most popular cryptocurrency remained near the psychological benchmark of USD 20,000 after bouncing during the weekend. At one point, bitcoin plunged nearly 10 per cent to under USD 18,600, according to the cryptocurrency news site CoinDesk. As of 0500 ET (0900 GMT) Monday, it was at USD 20,650.56. France's CAC 40 gained 0.2 per cent to 5,893.20. Germany's DAX added 0.2 per cent to 13,150.16. Britain's FTSE 100 rose 0.5 per cent to 7,049.87. US markets are closed Monday for the Juneteenth holiday. The future for the Dow industrials was up 0.4 per cent while that for the S&P 500 gained 0.5 per cent. As expected, China kept its 1-year and 5-year loan prime rates unchanged. Given China's struggle to bring outbreaks under control and its already faltering economy, rate cuts in
The price of a bitcoin inched above USD 20,000 on Sunday after the broader crypto selloff dragged it below the significant psychological threshold a day earlier
The vanishing gains suggest long-term owners are coming under pressure, a potentially worrying sign for a market known for its hodlers
Total liquidations in the crypto market were $566.7 million in the past 24 hours, with Bitcoin and Ether at around $271 million and $192 million respectively
The layoffs come a day after Bitcoin fell as much as 14% after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers
SINGAPORE (Reuters) -Bitcoin neared a price level on Tuesday that could force software firm MicroStrategy Inc to add more tokens against a bitcoin-backed loan or trigger selling some of its vast holdings, setting fragile cryptocurrency markets on edge.
Bitcoin clawed its way to positive territory after falling as much as 7.3% to $20,816, its lowest since Dec 2020
Cryptocurrency portfolio tracking and tax compliance platform CoinTracker on Wednesday announced its foray into the Indian market. The company's move also comes against the backdrop of the government mandating a 30 per cent taxation on such transactions with effect from April 1. Starting today, the crypto tax compliance and portfolio tracking products will be available to all crypto users across India, it said, while announcing the launch of its product in the country. CoinTracker said users in India can now deal in crypto assets without worrying about the challenges associated with tracking, reconciliation, accounting and compliance. "It can be challenging for folks to navigate the complexity of buying, holding and transacting with cryptocurrency and nearly impossible to comply with taxes without the right tool. We built CoinTracker to solve this problem seamlessly and are excited to deliver our offering in India. "We plan to rapidly expand our integrations and partnerships with
The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion -- created to defend and support the TerraUSD (UST) stablecoin which saw a total crash
As Bitcoin hovers in the range of $38,000-$40,000 per digital coin, billionaire Warren Buffett has said that he will not even pay $25 for all the Bitcoin in the world.
The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday
The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second
Dogecoin, launched in 2013 as a bitcoin spinoff, soared over 12,000 per cent to an all-time high in May before slumping almost 80 per cent by mid-December
Bitcoin rose as much as 4.4 per cent to $50,101 in New York trading on Friday
Bitcoin plunged 5.5% to $53,435.9 at 22:04 GMT on Friday, losing $3,112.06 from its previous close.
The leading cryptocurrency has added more than $3,000 to its value today