Page 61 - Cryptocurrency

Bitcoin struggles for footing on concern over tighter regulations in China

Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January.

US Market falls for third day, crypto plunge

Stock markets struggle as taper talk, crypto crash put markets on edge

Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed

Market Ahead Podcast, May 20: Top factors that could guide markets today

Crude prices remained soft after an over 3 per cent crash on Wednesday on worries that surging Covid-19 cases in Asia would dent demand for crude and amid possible US rate hikes

Cryptocurrency crash will support rally in gold: Bhavik Patel of Tradebulls

We are bullish on gold and expect gold to test Rs 48,800- Rs 49,400 this week

Bitcoin crashes back to earth after roller-coaster ride: A bust or a buy?

The two main digital currencies, bitcoin and ether, fell as much as 30 per cent and 45 per cent respectively

Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout

Bitcoin is now down more than 50 per cent from its record of almost $65,000 set in April

Top headlines: Bitcoin plunges to $30,066; IOC returns to profit in Q4FY21

Business Standard brings you the top headlines this evening

More drops in Big Tech pull stocks lower; Bitcoin drops another 20%

US stocks are opening broadly lower, extending a weak streak into a third day.

Bitcoin plunges to $30,066; crypto market cap losses nearly $1 trn

The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services

Bitcoin slides below $40,000 after China's ban on cryptocurrency services

The cryptocurrency has tumbled 40 per cent from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.

Futures fall as technology stocks lag ahead of US Federal Reserve minutes

The yield on 10-year Treasury notes touched a one-week high, driving down shares of Apple Inc, Microsoft Corp and Facebook Inc by about 1 per cent premarket.

What Beijing's new crackdown means for cryptocurrencies in China

Many of the new rules expand on previous restrictions aimed at cryptocurrencies and close loopholes that had allowed some finance and payment firms to continue in the trade

Bitcoin slides below $40,000 on China crypto restrictions, ether tumbles

Bitcoin's volatile week-long slide saw it tumble to below $40,000 mark as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by Elon Musk's tweets

Asian shares slip, bitcoin extend losses as inflation worries linger

Also weighing on digital coins was a new Chinese ban on financial institutions providing services related to cryptocurrency transactions

US stocks fall with tech shares; dollar touches lowest since late February

Wall Street stocks fell on Tuesday, with technology shares turning lower in late New York trading, while the US dollar touched its lowest level since late February

Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets

The value of a crypto depends solely on the equation between supply and demand, and demand is driven solely by sentiment

Musk loses world's second-richest ranking to LVMH's Arnault as Tesla dips

Tesla Inc chief Elon Musk lost his spot to LVMH Chairman Bernard Arnault as electric vehicle-maker's shares fell 2.2%. Musk now has a fortune of $160.6 billion, down 24% from its January high.

Bitcoin is the most crowded trade globally, says BofA Fund Manager Survey

Inflation is now counted as the biggest risk for markets with 35 per cent of FMS investors agreeing to this, followed by taper tantrum (27 per cent) and asset bubble (15 per cent)

Buyers beware as 'altcoin' frenzy bruises bitcoin's market share

Dogecoin last week jumped about 25% after Musk said he was working with its developers to boost its efficiency.