Financial markets Financial News
03.05 / 08:09
FTX
financial markets
Bitcoin Crash
Global Markets
Jerome Powell
Bitcoin
Bitcoin slump triggers warning of 'trouble ahead' for global markets
Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets. The cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst monthly drop since Sam Bankman-Fried’s FTX digital-asset empire imploded in November 2022. The token changed hands at $57,359 as of 11:17 a.m. Thursday in Singapore, around a two-month low.
04.02 / 07:33
cryptocurrency market
financial markets
000
Bitcoin Price Drop
Bitcoin dips below $92,000 amid Trump's tariffs; Dogecoin, XRP down over 24%
Bitcoin, the world's largest cryptocurrency by market value, fell to a low of $91,242.89 on Monday morning in Asia. However, it was trading 6.6% lower at $92,991 by 10:35 AM IST. Meanwhile, Ethereum dropped over 20%, returning to levels last seen in early September, last fetching $2,470.
06.06 / 09:39
ETH
BTC
financial markets
Bitcoin
Rate Cut
Cryptocurrency price on June 3: Bitcoin approaches $69k on renewed US rate cut hopes
At 1:18 pm, BTC was trading 1.7% higher at $68,870, while Ethereum rose marginally 0.5% to $3,813. Meanwhile, the global cryptocurrency market cap rose by 1.2% to around $2.56 trillion in the last 24 hours.
06.03 / 06:41
Stablecoin
Tether
financial markets
Tether's $100 billion stokes stablecoin stability concerns
Tether toasts $100 billion in circulation this week, the rapid rise of the world's biggest stablecoin has highlighted concerns about potential risks to wider financial markets. The digital dollar-pegged token is designed to keep a constant value, something Tether says that it does by holding dollar-denominated reserves for every token it creates.
22.01 / 09:03
SEC
Investors
financial markets
bitcoin etfs
Bitcoin ETFs: The gateway to mainstream crypto adoption
SEC) marks a significant milestone in the history of crypto. This event signifies a new era of legitimacy and potential growth for Bitcoin, prompting widespread interest from both retail and institutional investors. Let's take a quick look at the top takeaways from this landmark development and explore its implications for the future of Bitcoin.
06.12 / 04:11
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