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Page 70 - Cryptocurrency

Tesla shares sink below the price at which it entered S&P 500 index

The stock dropped as much as 12% to $627.10 in New York on Tuesday

Tesla shares sink below the price at which it entered S&P 500 index
Updated On : 24 Feb 2021 | 12:46 AM IST

Bitcoin tumbles 17% as doubts grow over starry valuations

The world's biggest cryptocurrency suffered its biggest daily drop in a month

Bitcoin tumbles 17% as doubts grow over starry valuations
Updated On : 24 Feb 2021 | 12:45 AM IST

Bezos regains title of world's wealthiest person as Musk loses $15 bn

Tesla's biggest decline since September was fueled in part by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether 'do seem high'

Bezos regains title of world's wealthiest person as Musk loses $15 bn
Updated On : 23 Feb 2021 | 2:13 PM IST

Bitcoin falls as much as 6% in Asia trade as it pulls back from record high

Ether, the coin linked to the ethereum blockchain, also dropped more than 5% and last bought $1,707, down almost 17% from last week's record peak

Bitcoin falls as much as 6% in Asia trade as it pulls back from record high
Updated On : 23 Feb 2021 | 9:35 AM IST

Bitcoin declines after Tesla CEO Elon Musk hints that prices are excessive

Bitcoin plunged as much as 17 per cent and briefly back below $50,000 in New York

Bitcoin declines after Tesla CEO Elon Musk hints that prices are excessive
Updated On : 23 Feb 2021 | 2:10 AM IST

Bitcoin falls sharply from record highs amid selloff in global equities

The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday

Bitcoin falls sharply from record highs amid selloff in global equities
Updated On : 22 Feb 2021 | 4:57 PM IST

Asia share market edges up as bond yields, resources steal the show

Japan's Nikkei recouped 1.0% and South Korea 0.4%, while E-Mini futures for the S&P 500 were a fraction firmer

Asia share market edges up as bond yields, resources steal the show
Updated On : 22 Feb 2021 | 7:16 AM IST

Statsguru: Seven charts explain India's tryst with cryptocurrencies

Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009

Statsguru: Seven charts explain India's tryst with cryptocurrencies
Updated On : 22 Feb 2021 | 6:10 AM IST

Both kinds of currencies will evolve

Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money

Both kinds of currencies will evolve
Updated On : 21 Feb 2021 | 10:26 PM IST

Elon Musk says bitcoin prices 'seem high' after record-breaking week

Crypto believers are dueling with skeptics: the former see an asset being embraced for its ability to hedge risks, while the latter sense a precarious mania riding atop waves of fiscal stimulus

Elon Musk says bitcoin prices 'seem high' after record-breaking week
Updated On : 21 Feb 2021 | 10:27 AM IST

Record-breaking crypto rally continues as bitcoin, ether hit fresh highs

Bitcoin, the world's most popular cryptocurrency, rose to a record $57,553, taking its weekly gain to around 20%

Record-breaking crypto rally continues as bitcoin, ether hit fresh highs
Updated On : 21 Feb 2021 | 9:35 AM IST

Bitcoin climbs to record high of $56,620, ether hits fresh highs

The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year

Bitcoin climbs to record high of $56,620, ether hits fresh highs
Updated On : 20 Feb 2021 | 11:44 AM IST

Indian startups join hands to ensure dialogue with Centre for crypto market

On Saturday, Bitcoin touched a market capitalisation of $1 trillion, its highest ever, as the value of world's most popular cryptocurrency crossed an all-time high of $55,000 per coin

Indian startups join hands to ensure dialogue with Centre for crypto market
Updated On : 20 Feb 2021 | 7:28 AM IST

Bitcoin hits $1 trillion market cap, surges to fresh all-time peak

The world's most popular cryptocurrency jumped to an all-time high just below $55,772, posting a weekly jump of 13%

Bitcoin hits $1 trillion market cap, surges to fresh all-time peak
Updated On : 20 Feb 2021 | 3:19 AM IST

Elon Musk says bitcoin is slightly better than holding conventional cash

He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it 'adventurous enough' for the S&P 500 company to hold the cryptocurrency

Elon Musk says bitcoin is slightly better than holding conventional cash
Updated On : 19 Feb 2021 | 1:36 PM IST

Bitcoin nears $1 trillion market value as crypto jump tops stocks, gold

Bitcoin traded at around $51,300 as of 1:30 pm on Friday in Hong Kong after quintupling in the past year

Bitcoin nears $1 trillion market value as crypto jump tops stocks, gold
Updated On : 19 Feb 2021 | 12:59 PM IST

Asian stocks step back from record highs on rising bond yield, weak US data

MSCI's broadest index of Asia Pacific shares outside of Japan was last down 0.1per cent at 733.67 from a record high of 745.89 touched on Thursday

Asian stocks step back from record highs on rising bond yield, weak US data
Updated On : 19 Feb 2021 | 8:52 AM IST

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record

A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record
Updated On : 18 Feb 2021 | 7:34 AM IST

Asian markets eye muted start on economic hopes, Covid pandemic fears

Australia's benchmark S&P/ASX 200 index was down 0.1% in early trading, while Japan's Nikkei 225 futures were up 0.05%

Asian markets eye muted start on economic hopes, Covid pandemic fears
Updated On : 18 Feb 2021 | 7:13 AM IST