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Page 14 - Cryptocurrency

Bitcoin is seen poised to escape from tightest trading range in two years

Bitcoin, which accounts for about 40 per cent of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4%, the narrowest since October 2020

Bitcoin is seen poised to escape from tightest trading range in two years
Updated On : 06 Sep 2022 | 4:57 PM IST

Crypto traders in bullish mode despite hawkish Fed comments on inflation

Bitcoin, which accounts for about 40% of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4%, the narrowest since October 2020

Crypto traders in bullish mode despite hawkish Fed comments on inflation
Updated On : 06 Sep 2022 | 7:37 AM IST

Hiring at crypto exchange Coinbase up 33% despite recent layoffs: Report

While Coinbase is one of the most valuable companies in crypto, it still has a long way to go to catch up to Google. The search giant employs more than 100,000 people

Hiring at crypto exchange Coinbase up 33% despite recent layoffs: Report
Updated On : 05 Sep 2022 | 7:56 PM IST

Crypto weekly wrap: Bitcoin to rise once it reaches $20,400, say experts

For Ethereum, which is scheduled to go for 'The Merge' on September 6, will likely break out of the $2,000 level before the event, experts suggest

Crypto weekly wrap: Bitcoin to rise once it reaches $20,400, say experts
Updated On : 02 Sep 2022 | 7:33 PM IST

Bitcoin may have hit a floor after Fed chief's speech at Jackson Hole

The largest cryptocurrency is down about 6% since Powell's hawkish Aug. 26 Jackson Hole speech underlined that the Federal Reserve wants to subdue financial markets

Bitcoin may have hit a floor after Fed chief's speech at Jackson Hole
Updated On : 30 Aug 2022 | 6:01 PM IST

Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto

The largest token fell as much as 2.3% on Monday to $19,527, the fifth day of declines

Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto
Updated On : 29 Aug 2022 | 8:06 PM IST

Powell's Jackson Hole speech leaves crypto investors in a tough spot

The total crypto market cap fell below $1 trillion after staying above it for over a month. Bitcoin fell below $20,000, and Ethereum slipped below $1,500

Powell's Jackson Hole speech leaves crypto investors in a tough spot
Updated On : 29 Aug 2022 | 1:59 PM IST

Divide emerges between retail, pros on how to play Ether upgrade

Ethereum recently completed its last test before the upgrade, and developers said the main event should take place next month

Divide emerges between retail, pros on how to play Ether upgrade
Updated On : 28 Aug 2022 | 8:58 PM IST

Over half of Bitcoin's daily trading volume fake globally: Report

More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil

Over half of Bitcoin's daily trading volume fake globally: Report
Updated On : 28 Aug 2022 | 2:41 PM IST

Zuckerberg not qualified to run metaverse: Elon Musk's ex-girlfriend Grimes

Elon Musk's former singer-girlfriend Grimes has questioned the ability of Meta founder and CEO Mark Zuckerberg's capabilities of making his $10 billion Metaverse dream a success

Zuckerberg not qualified to run metaverse: Elon Musk's ex-girlfriend Grimes
Updated On : 28 Aug 2022 | 1:15 PM IST

Bitcoin plunges below $20,000, may reach $10,000 level this year

After showing some stabilisation in the last few weeks, world's largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell's keynote address

Bitcoin plunges below $20,000, may reach $10,000 level this year
Updated On : 28 Aug 2022 | 11:52 AM IST

ED inquiry on CoinSwitch not linked to money laundering under PMLA: CEO

"Enforcement Directorate-Bengaluru has been engaged with us with respect to functioning of our crypto platforms/exchanges. We are fully cooperating with them," he said in a tweet thread.

ED inquiry on CoinSwitch not linked to money laundering under PMLA: CEO
Updated On : 27 Aug 2022 | 4:14 PM IST

Crypto wrap: Expect high volatility as inflation still a worry, say experts

Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally

Crypto wrap: Expect high volatility as inflation still a worry, say experts
Updated On : 26 Aug 2022 | 3:04 PM IST

HNIs more cautious on foreign investment after new rules kick in

According to the new rules of the liberalised remittance system (LRS), an Indian resident can now invest $250,000 a year in foreign stocks, debt etc

HNIs more cautious on foreign investment after new rules kick in
Updated On : 26 Aug 2022 | 2:28 PM IST
Updated On : 25 Aug 2022 | 11:40 PM IST

Cryptos' volatility seen leading to purge of 'Merge frontrunners'

Speculators have scooped up Ether call options with traders waging the token's price could rise to around $2,200 in September in the past few weeks

Cryptos' volatility seen leading to purge of 'Merge frontrunners'
Updated On : 25 Aug 2022 | 11:39 PM IST

ED now raids CoinSwitch Kuber, firm says engaging with all stakeholders

The Enforcement Directorate (ED) on Thursday searched the premises of leading crypto exchange CoinSwitch Kuber for alleged Foreign Exchange Management Act (FEMA) violations

ED now raids CoinSwitch Kuber, firm says engaging with all stakeholders
Updated On : 25 Aug 2022 | 9:53 PM IST

Euro bounces back to parity with the dollar as investor sentiment improves

The euro briefly rebounded back above parity with the dollar on Thursday as the US currency's recent rally ran out of steam

Euro bounces back to parity with the dollar as investor sentiment improves
Updated On : 25 Aug 2022 | 7:40 PM IST

Explained: Ethereum set for mega 'merger' to become more energy efficient

Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain

Explained: Ethereum set for mega 'merger' to become more energy efficient
Updated On : 25 Aug 2022 | 4:08 PM IST

Sentiment around NFTs drops 14% in companies amid crypto downturn: Report

In Q2 2022, NFTs have been the topic of more debates than ever, although opinions have changed resulting in a decrease in optimism.

Sentiment around NFTs drops 14% in companies amid crypto downturn: Report
Updated On : 24 Aug 2022 | 9:44 PM IST