Page 31 - Bitcoin
Bitcoin rebound loses steam due to increasing regulatory concerns
Bitcoin was little changed on the day at $40,256 on the Bitstamp exchange.
 "Bitcoin rebound loses steam due to increasing regulatory concerns")
Crypto limps to weekend after hammer blows from Musk, china, and tax
Despite downside risks and this week's volatility -- which saw Bitcoin slide about 31 per cent and jump roughly the same percentage on Wednesday -- crypto bulls are undaunted
 "Crypto limps to weekend after hammer blows from Musk, china, and tax")
Investors should limit cryptocurrency exposure to 2% of corpus: Experts
Investors with low appetite for volatility must avoid it altogether
 "Investors should limit cryptocurrency exposure to 2% of corpus: Experts")
Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst
There were signs that a top was near, from the Coinbase IPO to Elon Musk on Saturday Night Live. But the cryptocurrency has risen from the dead before
Bitcoin's star backers, dip buyers help cryptocurrencies recover
Analysts said the upheaval was far from over.
 "Bitcoin's star backers, dip buyers help cryptocurrencies recover")
Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout
Bitcoin is now down more than 50 per cent from its record of almost $65,000 set in April
 "Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout")
Top headlines: Bitcoin plunges to $30,066; IOC returns to profit in Q4FY21
Business Standard brings you the top headlines this evening
More drops in Big Tech pull stocks lower; Bitcoin drops another 20%
US stocks are opening broadly lower, extending a weak streak into a third day.
 "More drops in Big Tech pull stocks lower; Bitcoin drops another 20%")
Bitcoin plunges to $30,066; crypto market cap losses nearly $1 trn
The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services
Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets
Bitcoin, the biggest and best-known cryptocurrency, has been under pressure from a series of tweets from Tesla boss Elon Musk. Cryptocurrency price declines last week were sparked by Musk's reversal on Tesla accepting bitcoin as payment. His subsequent tweets caused further confusion over whether the carmaker had shed its holdings of the coin. Every time the charismatic billionaire has made a statement about crypto, he’s sparked off financial turmoil. How and why? The video based on Business Standard's Devangshu Datta article "Why cryptocurrency jumps and falls on Elon Musk's tweets" explains in detail. Watch it now. Story link: https://www.business-standard.com/article/markets/explained-why-cryptocurrency-jumps-and-falls-on-elon-musk-s-tweets-121051801378_1.html
 "Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets")
Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets
The value of a crypto depends solely on the equation between supply and demand, and demand is driven solely by sentiment
Buyers beware as 'altcoin' frenzy bruises bitcoin's market share
Dogecoin last week jumped about 25% after Musk said he was working with its developers to boost its efficiency.
Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake
The drama started on Sunday after Musk sent a tweet that raised questions about whether Tesla might have already sold its stake
 "Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake")
Amid volatility, Bitcoin rallies from three-month low on Musk's tweet
Musk said Tesla would not sell its bitcoin, but the cryptocurrency has dropped by almost a quarter since Musk's reversal on Tesla taking it as payment
 "Amid volatility, Bitcoin rallies from three-month low on Musk's tweet")
Crypto exchanges draw attention of regulators over brand promotions
According to regulatory sources, the brand promotion could mislead retail investors as the legality of cryptocurrency itself is under the scrutiny of the central government
 "Crypto exchanges draw attention of regulators over brand promotions")
How to use 50 trillion Shiba Inu in Covid-hit, crypto-wary India
Prices of Shiba Inu have recovered about 25% in the past 24 hours, according to CoinGecko.com.
 "How to use 50 trillion Shiba Inu in Covid-hit, crypto-wary India")
Roaring crypto cacophony drowns out rest of Wall Street in a wild week
Dogecoin wasn't the only canine-themed coin to take a tumble.
 "Roaring crypto cacophony drowns out rest of Wall Street in a wild week")
Elon Musk sends bitcoin tumbling with stunning reversal over payments
Bitcoin, the world's biggest digital currency, fell more than 7 per cent after the tweet and was trading at $52,669
Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k
Business Standard brings you stories that made the headlines on Thursday
 "Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k")
Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn
Musk denounces amount of energy used to produce bitcoin; however, Tesla will retain bitcoin holdings