Bitcoin's market dominance declined to approximately 60 per cent, while Ethereum's share surpassed 11.8 per cent, indicating a notable shift in asset allocation within the cryptocurrency market
For BTC to regain bullish momentum, analysts believe that a confirmed breakout above $116,000 is necessary.
Those holding crypto keys in a cold wallet must store seed phrases offline in a secure location
Bitcoin (BTC) retained its position as the most preferred crypto asset among Indian investors, capturing 6.5 per cent of overall investor interest
This feature enables merchants to connect to a crypto market worth over $3 trillion by allowing instant crypto-to-stablecoin or fiat currency conversion
So far this month, Ethereum has surged nearly 59 per cent. Despite the recent rally, ETH remains 19 per cent below its all-time high of $4,891, reached in November 2021
WazirX's parent company Zettai will allow users in India to revote on an amended scheme of arrangement from July 30 to August 6 after the Singapore High Court rejected the previous plan
At last check, Bitcoin was trading around $118,071.31, down 0.41 per cent, with a 24-hour trading volume of $71.07 billion
Be mindful of hacking risk and lack of regulatory clarity in India vis-a-vis these assets
The feature is integrated directly into Square's payment infrastructure, allowing merchants to receive Bitcoin payments alongside traditional options like credit cards and digital wallets
Altseason, analysts suggest, typically follows a pattern in the crypto market's 4-year cycle - starting with Bitcoin, then large-cap tokens like ETH and SOL, and finally spreading to smaller altcoins
In 2024, around $2.2 billion worth of cryptocurrencies were stolen. This followed losses of $1.7 billion in 2023 and $3.8 billion in 2022
JPMorgan is considering giving loans backed by bitcoin and ether, even as its CEO Jamie Dimon remains skeptical of crypto; the move shows growing bank interest in digital assets
Stablecoins are digital assets that are designed to maintain a stable value relative to a specific reference asset, like a fiat currency such as the US dollar
Bitcoin has fluctuated in the range of $116,550 - $119,239 in the last 24 hours, with a trading volume of $62.97 billion
The approval of these crypto-related bills, analysts said, has boosted investor confidence and added regulatory clarity, driving strong upward momentum across the market
Bitcoin has fluctuated between $117,751 and $120,065 over the past 24 hours. Ethereum, on other hand, is currently outperforming after confidently breaching the $3,000 level
Bitcoin is currently 4.25 per cent away from its all-time high of $123,091.60, scaled on July 14 this year
The flagship cryptocurrency's market cap has soared to $2.43 trillion, cementing its position as the largest cryptocurrency by market capitalisation and making it the fifth-largest asset globally
The rally in Bitcoin, market analysts said, is being driven by a confluence of macroeconomic factors including anticipated US rate cuts, a weakening dollar, and ongoing trade negotiations