The crypto market remains volatile on September 13, with both positive and negative price movements. The whole market capitalization of cryptocurrencies has risen to $2.08 trillion, up 1.40 percent over the last day, while the total cryptocurrency market volume is $108.76 billion, which has fallen 1.84 percent. The total 24-hour volume in the stable coin […]
Bitcoin
When is the best time to buy cryptocurrency?
Recently, cryptocurrency values have plummeted. As of this writing, the price of Bitcoin is $45,859.06 (Rs.7,706,179.37), having dropped by over half since mid-April. Ether (ETH) is currently trading at $3,394.30 (Rs.570,379.87), while Dogecoin (DOGE) is trading at $2.47 (Rs.415.06), down a stunning 73 percent from its May peak. However, potential investors perceive this volatility as […]
Bitcoin tumbles over 10%
El Salvador’s decision to become the first country in the world to declare Bitcoin legal tender isn’t improving Bitcoin’s value. Bitcoin was down over 10% in early trade on Wednesday, marking the most significant drop since Monday evening. According to CoinDesk, the price of Bitcoin has dropped from above $52,000 to less than $46,432. It […]
Square making real-world wallet for bitcoin
Financial payments startup Square was at work Friday on a real-world wallet for safely pocketing bitcoin cryptocurrency. Square founder and chief Jack Dorsey, who is also the top executive at Twitter, had tweeted last month asking for feedback on the notion. “This community’s response to our thread about this project has been awesome — encouraging, […]
Bitcoin drops under $30,000 for first time in five months
Bitcoin fell underneath $30,000 on Tuesday for the first time in five months, hit by concerns over China’s ongoing crackdown on the world’s most popular cryptocurrency. At about 1230 GMT, bitcoin sank as low as $29,334, a level last seen in January, with analysts citing Chinese efforts to curb trading and mining operations. The unit […]
China broadens crackdown on crypto mining industry
China has broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province. Chinese mines power nearly 80 percent of the global trade in cryptocurrencies despite a domestic trading ban since 2017, but in recent months several provinces have ordered mines to close as Beijing turns a […]
Bitcoin under pressure as comeback tumbles
NEW YORK: Bitcoin fell 3% on Friday, giving up gains from the Asia session, as its recovery from this week’s plunge shows signs of faltering. Bitcoin fell to $39,262 on the Bitstamp exchange. That is roughly 30% above its Wednesday low, but just below its 200-day moving average. Rival cryptocurrency ether also came under pressure on […]
Asian markets mixed after Fed taper talk, bitcoin stablises
HONG KONG: Asian markets were mixed in early trade Thursday after minutes showed some Federal Reserve officials contemplating a wind-down of its vast monetary easing measures, while optimism remained buoyed by the outlook for the economic recovery. Bitcoin stabilised somewhat after Wednesday’s wild gyrations that saw it collapse almost a third in one day before […]
Stocks, oil and bitcoin sink in volatile trading
London: Stock markets, oil prices, and bitcoin sank Wednesday as a raft of issues ranging from rising inflation to China’s crackdown on cryptocurrencies spooked investors. Wall Street opened lower after shares in Europe and Asia fell on fears that central banks will wind down easy money policies to tame inflation. US oil prices dropped by […]
Bitcoin tumbles to $30,000 after China warning, Musk remarks
Beijing: Bitcoin plunged by 30 percent on Wednesday after China signalled a new crackdown on the cryptocurrency and tycoon Elon Musk hinted that his Tesla car company could unload its huge holdings in the unit. The virtual currency fell to almost $30,000 — less than half the record value it reached last month — before […]