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Bitcoin Falls

Crypto fugitive Do Kown behind $40 bn crash arrested, charged with fraud

US prosecutors have arrested Do Kwon, the cryptocurrency entrepreneur behind the crash of two digital currencies (TerraUSD and Luna) that lost over $40 billion last year, and charged him with fraud

Crypto fugitive Do Kown behind $40 bn crash arrested, charged with fraud
Updated On : 24 Mar 2023 | 5:11 PM IST

Bitcoin drops below $20,000, set for worst week since FTX crash in November

The largest token fell as much 3.2% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on Thursday. Smaller coins like Ether, Solana also added to losses

Bitcoin drops below $20,000, set for worst week since FTX crash in November
Updated On : 10 Mar 2023 | 6:12 PM IST

Crypto meltdown: Traditional US bank Silvergate collapses as stock plunges

The fall of cryptocurrency exchange FTX and an overall meltdown in the global crypto market has claimed another victim with established US bank Silvergate Capital

Crypto meltdown: Traditional US bank Silvergate collapses as stock plunges
Updated On : 10 Mar 2023 | 5:47 PM IST

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

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

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high
Updated On : 24 Feb 2023 | 3:58 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

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump

The carmaker had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet, according to its shareholder letter

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump
Updated On : 21 Jul 2022 | 5:21 PM IST

Buckle Up: How investors can deal with turbulence in crypto market

Bitcoin - the dominant cryptocurrency - fell from a high of more than $67,000 to its current level just below $20,000.

Buckle Up: How investors can deal with turbulence in crypto market
Updated On : 30 Jun 2022 | 1:38 PM IST

Crypto update: Bitcoin, Ether bounce off lows after record-breaking rout

Total liquidations in the crypto market were $566.7 million in the past 24 hours, with Bitcoin and Ether at around $271 million and $192 million respectively

Crypto update: Bitcoin, Ether bounce off lows after record-breaking rout
Updated On : 19 Jun 2022 | 10:07 PM IST

Bitcoin breaches $20,000 for first time since 2020 amid monetary tightening

"Surging recession fears are crippling appetite for risky assets and that has crypto traders remaining cautious about buying Bitcoin at these lows," said Edward Moya

Bitcoin breaches $20,000 for first time since 2020 amid monetary tightening
Updated On : 18 Jun 2022 | 1:02 PM IST

Bitcoin falls to record-low of $21,000 over worrying inflation data

Top cryptocurrency Bitcoin (BTC) further nosedived to around $21,000 per coin on Tuesday, a level it saw some five years ago

Bitcoin falls to record-low of $21,000 over worrying inflation data
Updated On : 14 Jun 2022 | 12:02 PM IST

Crypto market sinks below $1 trn after latest DeFi blowup; Bitcoin down 17%

Binance, the largest crypto trading platform, temporarily suspended withdrawals of the Bitcoin network because of an transaction processing issue

Crypto market sinks below $1 trn after latest DeFi blowup; Bitcoin down 17%
Updated On : 13 Jun 2022 | 9:58 PM IST

Bitcoin set for record losing streak after 'stablecoin' collapse

Crypto-related stocks have taken a pounding, with shares in broker Coinbase steadying overnight but still down by half in little more than a week.

Bitcoin set for record losing streak after 'stablecoin' collapse
Updated On : 14 May 2022 | 2:51 AM IST

Bitcoin falls to lowest in 16 months by $26,970, giving up 2021 gains

The world's largest cryptocurrency dropped as low as $26,970, to stand at its lowest since Dec. 28, 2020. In the last eight sessions, it has lost a third of its value, or $13,000

Bitcoin falls to lowest in 16 months by $26,970, giving up 2021 gains
Updated On : 12 May 2022 | 2:14 PM IST

Stablecoin Terra's broken dollar peg hits wider cryptocurrency markets

TerraUSD, the world's fourth-largest stablecoin, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin's tumble below $30,000 for the first time

Stablecoin Terra's broken dollar peg hits wider cryptocurrency markets
Updated On : 10 May 2022 | 5:20 PM IST

Bitcoin falls to 22-month low of $31,763 as stock markets tumble

Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling.

Bitcoin falls to 22-month low of $31,763 as stock markets tumble
Updated On : 09 May 2022 | 11:47 PM IST

Bitcoin value drops by 50% since Nov peak; Ethereum falls 10% in a week

The slide in the value of digital assets comes as stock markets around the world also dropped in recent days

Bitcoin value drops by  50% since Nov peak; Ethereum falls 10% in a week
Updated On : 09 May 2022 | 12:58 PM IST

Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level

Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level

Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level
Updated On : 23 Feb 2022 | 1:33 AM IST

Amid crypto fall, nearly 30,000 Bitcoin millionaires wiped in last 3 months

The development occurs as the volatile currency witnesses a free fall from $69,000 in November to nearly $36,000 (on Thursday), owing to regulatory scrutiny and geopolitical unrest.

Amid crypto fall, nearly 30,000 Bitcoin millionaires wiped in last 3 months
Updated On : 27 Jan 2022 | 2:20 PM IST

Bitcoin has lost half its value since hitting record high in Nov

Bitcoin's decline from its peak has wiped out more than $600 bn in market value, and over $1 trn has been lost from the aggregate crypto market

Bitcoin has lost half its value since hitting record high in Nov
Updated On : 22 Jan 2022 | 5:45 PM IST

Bitcoin hits lowest since September in drop of 40% from record

The largest cryptocurrency declined as much as 4.9% to $41,008, marking a tumble of about 40% from its record near $69,000 reached Nov. 10

Bitcoin hits lowest since September in drop of 40% from record
Updated On : 07 Jan 2022 | 1:57 PM IST