Bitcoins Financial News

11.05 / 14:09

stablecoins bitcoins Terra Luna Luna This major crypto token dropped 60% in 24 hours. Here's what you should do

Interestingly, this time it's not a tiny token or a one time wonder, but a constituent among the top-10 crypto tokens, if we exclude the dollar-pegged stablecoins. Here, we are talking about Terra (LUNA). The native token of Terra blockchain named 'LUNA' tumbled to $24.14 from $61.99, registering a massive drop of 60 per cent within a day. The token is trading about 80 per cent below its peak close to $118, scaled last month.

06.11 / 04:07

ETF bitcoins New York Stock Exchange Market Capitalization Bitcoin Bitcoin’s Record-Breaking Surge: Start of a new era or just another short-lived spike?

Bitcoin has once again captured the global spotlight by soaring to an all-time high, surpassing $68,000 and reaching a market capitalization that exceeds $1.3 trillion—equivalent to some of the world’s most powerful tech giants like Meta and Tesla. This surge has reignited debates among investors and analysts: Is this the beginning of sustained long-term growth or just another short-term rally set to correct itself? To answer this, it’s essential to explore the driving factors behind Bitcoin’s rise, the impact of political changes, and potential challenges that could shape its future.

02.06 / 09:29

bitcoins crypto market Bitcoin Crypto rues Bitcoin’s decoupling from AI-fueled tech stock gains

Crypto fans are now paying a price for Bitcoin’s weakened correlation with technology stocks. The top digital asset posted a monthly slump in May for the first time in 2023, while the Nasdaq 100 added almost 8% amid hype over artificial intelligence. A 30-day correlation coefficient for Bitcoin and the tech-heavy Nasdaq 100 is around 0.2 versus 0.8 in May 2022. A reading of 1 indicates assets are moving in lockstep, while minus-1 would show they’re moving in opposite directions. Digital-asset investors delighted in crypto’s waning tie with shares earlier in the year when tokens were surging and leaving equities behind. The implications of the split are less favorable now.

29.03 / 05:07

solana bitcoins Cronos Bitcoin Price Time Bitcoin hits new quarterly high! Scales $47,000 for first time in 2022

The total marketcap of Bitcoin was hovering around the $900 billion mark, with its total dominance in the crypto marketcap standing at a little more than 42 per cent, the data from coinmarketcap suggested. Interestingly, the total traded volumes of numero uno digital token zoomed about 95 per cent as Bitcoins worth more than $34.75 billion exchanged hands in the last 24 hours.

27.02 / 11:37

Ethereum cryptocurrency Tether bitcoins Ukraine is accepting cryptocurrency as donations while war with Russia continues

As Russian troops advance towards capital city Kyiv in Ukraine, the country has been communicating with the world through their Twitter handle. In its latest tweet, the besieged country said that they were now accepting cryptocurrency donations including bitcoins, ethereum and tether.

26.02 / 10:31

cryptocurrency crypto currency bitcoins Supreme Court SC seeks clarity from govt on legal status of Bitcoin

New Delhi: The Supreme Court on Friday sought clarity from the government on the legal status of Bitcoin in the country, days after the finance minister taxed crypto trading transactions at 30 per cent. The issue cropped up in a criminal case where the accused is facing charges of defrauding people in a crypto-currency scam. A bench led by Justice D.Y. Chandrachud granted him interim protection from arrest till the next hearing but sought more clarity on the legal status of crypto currency.

04.02 / 15:03

cryptocurrency bitcoins Bitcoin Backer MicroStrategy Pours $25 Million More Into Cryptocurrency

Bitcoin is currently trading just over $36,000.

26.11 / 15:13

cryptocurrency Opinion bitcoins Cryptocurrency Bill Cryptocurrency Bill | Are we asking the right questions?

What are the qualities of a good regulatory framework? First, it has to be as unambiguous as possible. In other words, there should be clarity on what activities are permitted, and what are prohibited, as well as the penalties for violations. Second, the regulator — usually a State body — should have the powers to proactively detect violations, and when detected, the ability to effectively bring violators to book.

17.11 / 04:53

Digital Currency bitcoins digital assets Metaverse and its connection with cryptocurrency

Back on your way, you feel like attending a Taylor Swift concert, because why not? So, you groove to some of her songs, come back, and buy yourself a Bored Apes NFT (Non-Fungible Token) to add to your repertoire. And then, you log off the internet, leaving this world behind. But not quite.

04.11 / 12:55

Digital Currency bitcoins Crypto lessons you can take from the ICC T20 World cup!

Like Cricket, the cryptoverse is also full of unpredictabilities, high-octane activity, and split-second change of fortunes. And if you are a regular trader, active on popular crypto exchanges like CoinSwitch Kuber, you would surely know! As unavoidable and exciting as the market and cricket volatility is, there is also a goldmine of crypto lessons to be taken from these action-packed, thrilling games.

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