Page 17 - Cryptocurrency

Bitcoin in April 2024: All you need to know about Halving event and impact

On Monday, Bitcoin traded at $65,000-mark as against the $63,000 level on Friday. Historically, Bitcoin has rallied post halving, will the trend continue? Here's all you need to know

Bitcoin briefly drops below $60,000 ahead of halving software adjustment

The original digital asset fell as much as 5% to $59,888, before paring the decline. Bitcoin has dropped by about 18% since it reached a record $73,797 on March 14

Bitcoin's share of crypto market highest since 2021 partly due to ETFs

Bitcoin and second-ranked Ether jumped on Monday, boosted by indications that asset managers will soon launch Hong Kong-listed ETFs for both tokens

Bitcoin 'halving' will deal a $10 billion revenue blow to crypto miners

"This is the final push for miners to squeeze out as much revenue as they can before their production takes a big hit," said Matthew Kimmell, a digital asset analyst at CoinShares

Bitcoin rebounds from sharp slump triggered by Iran's attack on Israel

The largest cryptocurrency advanced 3.9% to $64,40 as of 8:50 a.m. in London on Sunday after jumping as much as 8.3% earlier

Australian prosecutors drop billionaire Andrew Forrest's case against Meta

He had pursued the lawsuit under Australian laws that allow an individual to criminally prosecute a foreign corporation with the consent of the attorney general

After Bitcoin surge, crypto venture capital creeps toward comeback: Report

VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year

NFTs lag amid crypto surge: Hope to revive interest lies in tokenisation?

Cryptocurrency and NFTs, connected through blockchain, once scaled their peaks hand in hand

Crypto exchange platform CoinSwitch's parent launches app for stock broking

The launch marks PeepalCo's expansion into stock broking. It will be operated as a separate business division with its own managing and operations teams

Amitabh Kant's growth call: 10K big companies, 10 champion states

The government must take the lead in ensuring Life Insurance Corporation of India invests in startups, says Amitabh Kant

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

Crypto entrepreneur Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. Bankman-Fried, 32, was convicted in November of fraud and conspiracy a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David. US District Judge Lewis A. Kaplan imposed the sentence in the same Manhattan courtroom where, four months ago, Bankman-Fried testified that his intention had been to revolutionize the emerging cryptocurrency market with his innovative and altruistic ideas, not to steal. Kaplan said the sentence reflected that there is a risk that this man will be in position to do something very bad in the future. And it's not a trivial risk at all. He added that it was for the purpose of disabling him to th

Bitcoin 'halving' spurs exodus of old United States mining computers abroad

Bitcoin has surged about 50% this year to around $63,500, though it's down from a record high of $73,798 reached on March 14

Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin

Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning

Bankrupt crypto lender Genesis to pay $21 million to settle SEC charges

The deal resolves January 2023 charges the SEC filed against Genesis and Gemini Trust Company LLC over their joint crypto lending program

Bitcoin cracks 8% in 24 hours after touching new high, may fall further

$526 mn worth of crypto wagers were liquidated in the past 24 hours, according to one analysis

Bitcoin tops $73,000 level to hit new record on insatiable ETF demand

The world's largest cryptocurrency reached a high of $73,664 on Wednesday, before paring its rise slightly to trade at around $73,080 as of 8:29 a.m. in New York

Sebi plans to implement optional same-day settlement from March 28

Sebi chief says instantaneous settlement needed to tackle emerging competition from crypto world

Bitcoin above $71,000 as demand frenzy intensifies, hits new record high

Britain's financial watchdog on Monday became the latest regulator to pave the way for digital asset trading products after

Y-Combinator-backed Mudrex to offer Bitcoin Spot ETFs to Indian investors

It comes at a time when Bitcoin touched its all-time high of $71,677 on Monday mainly due to the enthusiasm around Bitcoin ETFs

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings