What is Bitcoin

The largest cryptocurrency by market value rose as much as 3.1% to $28,442 on Tuesday, its first session higher in three

Earlier this week, the US Commodity Futures Trading Commission filed a lawsuit against Binance for trading against customers and misusing internal trading channels

Another major development in the crypto world during the week was the US Securities and Exchange Commission's 'Wells notice' to crypto exchange Coinbase

Some analysts argue the token is being viewed as a hedge against the woes in the US and European banking sectors and benefiting from expectations of looser monetary policy

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Cryptocurrency news: According to some experts, however, despite the bull run, the investors must remain cautious

Bitcoin jumped as much as 9.6% to $26,533, its highest since June 2022, in its fourth straight days of gains

SVB crisis: After the SVB was shut down by US regulators on Friday, the crypto market plunged deep into the red, but they had largely recovered by Tuesday

Silvergate has been a go-to bank for the biggest crypto players but has come under fire since the collapse of FTX late last year

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

The US inflation, according to data released on Wednesday, continued to fall for the seventh straight month in January to 6.4%

Following the SEC order, the crypto industry saw massive sellout, with Bitcoin falling nearly 4 per cent and Ethereum declining over 5 per cent in the last 24 hours

Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%

Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments

Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing

US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2

Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clocked a 26% gain in January

The US inflation cooled down to 6.5% in December as compared to a year ago

In a significant concern for many in the cryptocurrency community amid the deepening crypto winter, the total amount of inactive Bitcoin (BTC) for at least six months has grown to over 15 million