Crypto Financial News

Bitcoin and crypto. With a cool 7% gain, Bitcoin has re-entered the $60,000 territory and looks to consolidate above this range for further gains. Buoyed by recent interest rate cuts as well as the upcoming elections in the US, crypto is well-positioned to rake in more in October. However, geopolitical factors can add in short term volatility as tensions in the Middle East escalate. The good news is that any additional pain will be short-lived as the Oct.-Dec. quarter is usually exceptional for the asset class. In this article, we will explore some emerging narratives and identify potential crypto gems that could yield good returns in the coming months. Remember, the crypto market is inherently volatile, and it's crucial to conduct your own research and understand the risks associated with each investment.

US Senator Cynthia Lummis, the first US senator to own crypto, is now proposing that the United States should create a national Bitcoin reserve to secure the country’s financial future and leadership in global finance. In its boldness and potential to help the United States lead in the “next financial frontier, she likens it to the Louisiana Purchase.

trading expert Saketh Ramakrishna explored the effectiveness of ratio spreads, especially in volatile market environments. This session focused on how traders can harness these strategies to navigate uncertainties in their trading approaches. Watch ETMarkets Live Stream Full Video Here

To help you navigate this crucial first step, this guide will outline the most effective methods for purchasing Tether in India at the best price.

crypto assets. In a typically positive/green month, Bitcoin was down 8.6%. As we head into September, a strong bearish outlook prevails in the market. Given September is usually a red month, traders are cautious about taking long positions in the current scenario. However, new opportunities arise when the market is bearish. Crypto should emerge out of macroeconomic and inflation-related fears in September with the possibility of US interest rate cuts. Currently, Bitcoin is trading below $57,000 and looks to consolidate into a strong position before bullish action ensues. The good news is that additional pain will be short-lived as the October-December quarter is usually exceptional for the asset class. If you have spare cash to deploy, consider cost-averaging your buys into some of the promising assets.

Bitcoin (BTC), the world's largest cryptocurrency by market value, plunged to multi-month lows on Monday as concerns over a potential US recession, fueled by disappointing economic data, spurred a rush to safe-haven assets. As of 12:57 pm IST, Bitcoin was trading 13.3% lower at $52,586, having briefly dropped to $49,121 in early Asian trading hours.

cyber villain invades to cripple a system, it is a calamity as unstoppable as an earthquake or pandemic. Traders whose coins and funds are frozen at WazirX — the Indian crypto exchange that was recently hit by a massive cyber heist — are now discovering this from the fine print of the terms and conditions they had hitherto ignored. What is coming to the fore in the wake of the WazirX fiasco is that unlike banks or stock exchanges most local crypto platforms categorise ‘cyber breach’ as a ‘force majeure’ event (or, an ‘Act of God’) in their ‘terms of use’ that investors signing in to open accounts rarely read. But for traders a ‘force majeure’ clause may legally shut the doors for claiming lost assets after such a disaster.

Bitcoin rose above $60,000 after Donald Trump’s defiant response to an assassination attempt spurred speculation that his chances of winning the presidential election have climbed. The former president, who has positioned himself as pro-crypto, said he was shot in the right ear after gunfire erupted at his political rally in Pennsylvania on Saturday. His campaign said he was “fine” after the incident and looking forward to going to the Republican National Convention that begins on Monday in Milwaukee.

crypto market rising today? What factors are fueling renewed optimism and a surge in interest towards crypto assets, particularly among traders from traditional arenas? While acceptance of crypto assets has been slower among Indian traders, their Western counterparts, especially traditional traders in the US, embraced it much earlier. For them, exploring crypto opens doors to new opportunities beyond traditional markets, with a wide array of products and services available. Crypto is appealing to the Indian Equity Traders

Digital asset services firm Bequant has launched a capital introduction platform for crypto hedge funds and high-networth individuals (HNWIs).

Bitcoin touched a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market. The largest digital asset shed as much as 2.7% on Tuesday, reaching a level last seen in mid-May, before paring some of the drop to trade at $65,266 as of 8:04 a.m. in New York. Smaller tokens such as Ether, Solana and Dogecoin also sank.

Venezuela’s President Nicolás Maduro and the government are seeking ways to circumvent the recent US sanctions using crypto, alleged critics.

A high-ranking executive at London-based global payments processor Checkout.com, which once was the hottest startup in Europe, is on their way out.

market itself, but in the broader financial world that had left the digital asset sector for dead last year. The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.’s purchase of crypto exchange Bitstamp Ltd. on Thursday, to a resurgence of venture-capital investments to what some analysts are expecting to be record amount of initial public offerings of companies connected to the industry.

risk for users and the crypto market. The soaring popularity of so-called "re-staking" is the latest sign of risk-taking in crypto markets as prices rally and traders hunt for yield. Bitcoin, the biggest cryptocurrency, is near all-time highs while ether, the second biggest, is up more than 60% this year.

cryptocurrency company nChain was governed by a golden rule of office politics: It was not a good idea to challenge Craig Steven Wright, the chief science officer. At nChain’s London offices, Wright, an Australian computer scientist, was treated as a sort of philosopher king. He wore three-piece suits and drove a Lamborghini. A middle manager would tape Wright’s ramblings about obscure technical matters and then share the recordings with a staff of researchers, who were instructed to turn his musings into patents. Wright’s authority rested on a claim to a kind of divine significance — that he was the mysterious creator of Bitcoin. The original white paper

Hong Kong is considering allowing staking for exchange-traded funds investing directly in Ether, potentially unlocking a source of passive income that has been removed from prospective US issuers' plans. The Securities and Futures Commission has held discussions with the city's crypto ETF issuers about providing staking services via licensed platforms, after fielding proposals in recent weeks, according to people familiar with the matter.

money robbed in a cyber attack and laundered are parked in cryptos, the idea of a 'designated official wallet' to hold and ring fence crypto currencies bought with the proceeds of crime has cropped up. Soon after a transaction by a scammer or the use of a mule account to purchase cryptos is tracked, the virtual digital assets (VDAs) can be moved to the proposed special account which would be under the control of a law enforcement agency (LEA).

«Coin of the Week» is a featured series highlighting the week's top-performing cryptocurrency. This article offers a comprehensive 360-degree analysis encompassing fundamental, technical, sentimental, and on-chain perspectives. Join us as we explore the intricacies of this standout coin and explore its multifaceted performance. Let's dive in.

Bitcoin ecosystem lies a fundamental process called halving, which plays a crucial role in shaping its supply dynamics and, consequently, its market prices. In a recent insightful discussion, Edul Patel, CEO of Mudrex, delved into the intricacies of Bitcoin halving and its implications for the market. Let's explore the key takeaways from his discourse.

Crypto trading firm eToro has partnered with 21Shares, the  world’s  largest issuer of crypto exchange-traded products (ETPs), to introduce a new crypto portfolio for retail investors.