bitcoin
How does Bitcoin Halving impact the Bitcoin price?
The "stock-to-flow" ratio is a key concept used to measure the current supply of a commodity against the rate of new supply entering the market. For Bitcoin, each halving event markedly increases this ratio, underscoring its growing scarcity. This ratio is widely considered a crucial indicator of Bitcoin’s long-term valuation.
Cryptocurrency Price on April 16: Bitcoin drops 4% amid strong US retail sales data
Also, the crypto market witnessed a significant downturn attributed to heightened tensions between Iran and Israel. The global crypto market cap fell by 4.1% to around $2.29 trillion in the last 24 hours.
Bitcoin’s share of crypto market highest since 2021 partly due to ETFs
Bitcoin at the end of last week accounted for almost 55% of the $2.4 trillion market for virtual currencies, a level last seen in April 2021, according to CoinMarketCap data. The next largest by that metric are Ether, stablecoin Tether, the Binance exchange’s native token BNB, and Solana.
Bitcoin slumps 8% after Iran attacks Israel, flashes warning for global markets
The largest cryptocurrency slid 7.7% on Saturday, the biggest such retreat since March 2023. The token pared some of the drop to change hands at about $63,230 as of 11:36 a.m. in Singapore on Sunday. Most other major coins such as Ether, Solana and meme-crowd favorite Dogecoin nursed 24-hour losses.
Crypto market rebounds as Bitcoin recovers from Iran-Israel tensions
The crypto market also declined after the recent data have not been helpful, with inflation stalled well above the U.S. central bank's 2% target for the first quarter of the year.
Bitcoin world faces 'halving': what's happening?
Bitcoin miners, whose computer processors run the world's most popular virtual currency, will soon face the process of "halving" -- a quadrennial phenomenon which alters the profitability of the industry. Halving tends to send the virtual currency shooting higher on the prospect of reduced supply.
Analyzing Bitcoin Halving: Mining rewards, market trends, and investment strategies
The price of Bitcoin has another important factor influencing it - the mining rewards. In layman's terms, the miners who are needed to validate Bitcoin transactions are “rewarded” for their efforts with Bitcoins itself. This is the only way new bitcoins or BTC are made available in the system.
Cryptocurrency Price on April 18: Bitcoin dips below $61.2K; Dogecoin, Solana drop over 7%
"In the last 24 hours, both BTC and ETH experienced a decline of over 4%. The reasons behind this fall could be attributed to geopolitical tensions, as well as the upcoming BTC halving, historically known for inducing high volatility. Negative ETF data also contributed to market sentiment," said CoinDCX Research Team.
Forget Mumbai or Bengaluru, this city reigns as the cryptocurrency capital of India
Notably, Delhi boasts of 25% of crypto investors, followed closely by Bengaluru with 16%. Mumbai (9%), Hyderabad (8.9%), Chennai (8%), Kolkata, Pune, Lucknow, and Ahmedabad also contribute significantly to the expanding presence of crypto enthusiasts in the country.
The making of a crypto evangelist: Larry Fink's transformative journey
BlackRock has set its sights on Ethereum, filing with the SEC to launch Ethereum ETFs. Larry Fink is bullish on Bitcoin. He regards the iShares Bitcoin Trust as “the fastest-growing ETF in the history of ETFs". This marks a stark departure from his earlier reservations.
Largest US crypto miner says Bitcoin ‘halving’ rally is already partially priced in
The original cryptocurrency has rallied more than 60% since the start of the year, driven by optimism over record demand for US exchange traded funds that hold the tokens directly. Bitcoin prices have tended to rise in the months after the three previous halving, which takes place every four years.
Cryptocurrency Price on April 10: Bitcoin falls below $69,400 ahead of US inflation data
The global cryptocurrency market cap slipped 3.2% to around $2.59 trillion in the last 24 hours.
Bitcoin 'halving' could deal a $10-billion blow to crypto miners
Around April 20, the halving will cut the amount of Bitcoin that "miners" can earn each day for validating transactions to 450 from 900 now. Based on Bitcoin's current price, it could spell revenue losses of around $10 billion a year for the industry as a whole.
Will Ethereum's classification as a security disrupt Web3 innovation?
The potential security classification of Ethereum by the SEC poses challenges for Web3 innovation. Regulatory uncertainties, including the impact on dApps and decentralization, could shape the future of the crypto space and influence global blockchain regulations.
Crypto survey shows less consumer scepticism, but a third expect Bitcoin price fall
Deutsche Bank survey indicates evolving consumer sentiment on bitcoin's price, while regulators caution against its risks. Cryptocurrencies are seen as a future asset class, with varied predictions for bitcoin's price by 2024.
Bhutan to upgrade Bitcoin mining in Himalayas as 'halving' looms
The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s mining capacity sixfold through the introduction of cutting-edge hardware.
Cryptocurrency Price on April 5: Bitcoin rises above $67,500; Bitcoin Cash, Shiba Inu jump up to 10%
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $1.323 trillion. Bitcoin's dominance is currently 52.85%, according to CoinMarketCap. BTC volume in the last 24 hours rose 12% to $35.14 billion.
Bitcoin algos tracking ETF flows cited for token’s swings in Asia
Daily figures on the level of demand for these spot-Bitcoin ETFs propagate across the crypto market in Asian hours following the close of US share trading. On Tuesday, the digital asset embarked on its worst drop in a month in the Asian morning as the flows numbers pointed to investors pulling money out.
Hong Kong gives initial approval to first bitcoin, ether spot ETFs, say funds
Hong Kong conditionally approved its first spot bitcoin and ether exchange traded funds (ETFs) on Monday, money managers said, paving the way for the city to become Asia's first to accept the cryptocurrencies as a mainstream investment tool.
Cryptocurrency Price on April 12: Bitcoin trades above $71,000; Ethereum, Toncoin decline up to 3%
The global cryptocurrency market cap rose marginally by 0.13% to around $2.64 trillion in the last 24 hours.
Bitcoin sinks over 7% on ebbing Fed rate-cut bets and cooling ETF demand
Bitcoin fell 7.4% to $65,400 in NY with Pepe and dogwifhat tokens declining. Crypto slide linked to Fed policy changes, impacting meme sector. New Bitcoin tokens halving soon amid weakening market post US data.
Shashi Tharoor Lok Sabha nomination affidavit shows exposure to Bitcoin ETF
Shashi Tharoor, former Minister of State for HRD and External Affairs and Congress candidate for the Thiruvananthapuram Lok Sabha seat in the 2024 general election, disclosed in his nomination affidavit that he holds a Bitcoin ETF in his portfolio.
Cryptocurrency Price on April 4: Bitcoin falls below $66,000; Solana, Dogecoin tank over 4%
Cryptocurrency markets were trading lower in Thursday's trade, dragged by Bitcoin, Solana, and Dogecoin. Meanwhile, the global cryptocurrency market cap declined 0.7% to around $2.48 trillion in the last 24 hours.
Bitcoin-Ether ratio flashes potential warning about crypto rally
A ratio comparing the price of Bitcoin, the largest digital asset, with second-ranked Ether hints at a possible waning of risk appetite in crypto.
Cryptocurrency Price on April 3: Bitcoin falls below $66,300; Ethereum, XRP shed up to 2%
Major crypto tokens traded mixed with a negative bias on Wednesday. Bitcoin, Ethereum, BNB, XRP, Dogecoin, Cardano, and Toncoin were trading in the red, while Solana, Shiba Inu, Chainlink, Internet Computer, Litecoin, and NEAR Protocol were trading in the green.
Is Bitcoin halving period a good time to invest in the crypto asset?
Bitcoin price action history suggests that similar to the halving events of the past, the halving event on April 19 could provide an opportunity for investors to invest their capital in the cryptocurrency.
Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled
Grayscale's ETF notched a daily record of $642.5 million in outflows on Monday, according to data from BitMEX Research, when bitcoin tumbled about 4%. The cryptocurrency was down another 2% by mid-afternoon Tuesday, bouncing off session lows.
How massive inflow of funds into Bitcoin ETFs will shape future of digital assets
In a report, Goldman Sachs says institutional investors are poised to benefit from the recent approval of spot Bitcoin ETFs. These novel financial products offer several advantages that cater specifically to institutional needs.
Crypto Price Today: Bitcoin rises 1%, trades near $70K; Cardano, Solana fall up to 1.5%
In his view, the resistance in Bitcoin looms at $70,200-$73,000 levels while support rests at $67,500 and If BTC can maintain its upward trajectory beyond the present threshold, it would be a signal for marginal bullish sentiments.
Cryptocurrency Price on April 1: Bitcoin holds above $70,000; Dogecoin, Toncoin climb up to 4%
The latest U.S. inflation data was "along the lines of what we would like to see," Federal Reserve Chair Jerome Powell said, keeping alive hopes that the central bank will start cutting interest rates in June.
Bitcoin tops $70,000 again after slumping on US ETF outflows
Bitcoin enthusiasts remain optimistic despite large ETF outflows, with cryptocurrency briefly exceeding $70,000. Grayscale Bitcoin Trust experiences continuous outflows, while BlackRock Inc. and Fidelity Investment see reduced subscriptions. Market shows strong dip buying interest.
Cryptocurrency Price on March 28: Bitcoin falls below $70,000; Ethereum, Avalanche decline up to 4%
At 10.55 a.m., Bitcoin was trading 1.13% lower at $69,609, while Ethereum was down 2.4% at $3,513. At the same time, other altcoins such as Solana, XRP, Cardano, Shiba Inu and Avalanche, fell 2-4%. On the other hand, BNB (1.5%), Dogecoin (7.2%), and Bitcoin Cash (8.4%) surged.
Mudrex celebrates Bitcoin Halving with 20 Billion Shiba Inu rewards
Mudrex launches the 20 Billion Shiba Inu Bonus Campaign to celebrate the upcoming Bitcoin halving event, offering Shiba token bonuses based on Bitcoin investment. This campaign aims to attract new investors and support Bitcoin's price during halving cycles.
The importance of fundamental and technical research for Crypto
Crypto has been through exciting times lately and is a world where opportunities await. The space is evolving fast and maturing, and investor support remains high.
Cryptocurrency Price on March 27: Bitcoin above $70,000; Solana, Avalanche shed up to 4%
The market cap of Bitcoin, the world's largest cryptocurrency, rose to $1.381 trillion in the last 24 hours. Bitcoin's dominance is currently 52.09%, according to CoinMarketCap. BTC volume in the last 24 hours fell 15% to $13.8 billion.
Cryptocurrency Price on April 2: Bitcoin falls 6% to $66,400 after release of US March manufacturing data
U.S. manufacturing grew for the first time in 1-1/2 years in March as production rebounded sharply and new orders increased, but employment at factories remained subdued and prices for inputs were pushed higher.
Cryptoverse: Ether fettered by fate of spot ETF proposals
The no. 2 cryptocurrency, which commands less than a fifth of the $2.7 trillion crypto market, has not done poorly. But ether is up just around 53% in the first three months of this year, compared with bitcoin's 65%
Cryptocurrency Price on March 25: Bitcoin surpasses $67,400; Ethereum, Solana jump up to 7%
After a brief decline, cryptocurrency markets rebounded strongly on Monday, with Bitcoin, Ethereum, BNB, and Solana leading the charge in trading gains.
Exchange investigates flash crash that sent bitcoin to $8,900
The price of Bitcoin against Tether’s USDT stablecoin fell to as low as $8,900 on BitMEX late Monday, while the largest cryptocurrency was trading above $66,000 on rival venues. The price of Bitcoin on the exchange quickly recovered and was trading at $64,284 as of 4:10 p.m Singapore time.
Bitcoin consolidates at $65,000 level with increasing liquidations
Following a tumultuous week marked by substantial liquidations driven by unexpectedly high US CPI data, Bitcoin has shown resilience, rebounding to the $67,000 mark after the Federal Reserve's decision to maintain key interest rates for the fifth consecutive meeting.
Cryptocurrency Price on March 20: Bitcoin tumbles 6% to below $61,000 ahead of Fed meet outcome
A sell-off in BTC was also accompanied by record outflows from Grayscale’s Bitcoin Trust, accelerating the asset losses by the fund since it converted into an exchange-traded fund this year.
Bitcoin dominates FY24 with over 150% surge, outpacing traditional markets
At the start of FY 2023-24, Bitcoin was trading around $28,500. By the arrival of March 2024, its value had soared to an impressive $73,750.
Memes, Pumps, Blunders: Absurd crypto spectacles make a comeback
It was another token that kept coming up in the conversations: a newer cryptocurrency best known for its logo featuring an image of a dog wearing a knit hat. The billionaire Michael Novogratz, chief executive officer of Galaxy Digital, jokingly lamented that he doesn’t have a position in the coin called dogwifhat.
Cryptocurrency Price on March 22: Bitcoin holds near $66,200; BNB, XRP jump over 5%
Cryptocurrency markets were trading higher on Friday, led by altcoins such as Ethereum, BNB, XRP and Dogecoin, after Fed chair Jerome Powell kept hopes alive for an interest rate cut in June.
Volatile bitcoin falls from record high as crypto frenzy hits pause
Markets reacted by paring the chances of a Fed easing cycle beginning in June, with futures now pointing to a roughly 60% chance of a rate cut that month, down from roughly 74% a week ago, according to the CME FedWatch tool. A higher-for-longer rates scenario, particularly in the United States, is typically bad for risk-sensitive assets such as crypto.
Cryptocurrency Price on March 29: Bitcoin trades above $70,000; Dogecoin jumps over 9%
"Technical analysis shows that DOGE’s performance could be attributed to a prolonged reversal, with a flattened-out bottom. We can expect a strong support around $0.15 with resistance at $0.21," said Parth Chaturvedi, Investments Lead, CoinSwitch Ventures.
Bitcoin Halving 2024 Explained : How it works & Why does it Matter
The 2024 Bitcoin halving, anticipated to drive prices up significantly, highlights the importance of Bitcoin in the crypto world. This event may lead to increased adoption, new regulations, and global financial system impacts.
El Salvador's 'Bitcoin Beach' cheers cryptocurrency surge
In a surf town in El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency -- and her investment in it -- recently soared to new all-time highs. But not everyone in El Salvador is convinced by the cryptocurrency.
What's driving bitcoin prices & where are they headed next?
The catalyst behind this surge is the U.S. Securities and Exchange Commission’s (SEC) approval of spot Bitcoin ETFs. These instruments allow investors to buy into Bitcoin without the complexities of direct crypto ownership, with each ETF share backed by real Bitcoin.
What is bitcoin's 'halving', and does it matter?
As bitcoin's price reaches new heights, attention is turning to its upcoming "halving" and whether it is playing a role in its ascent.
Altcoins sparkle even as Bitcoin takes a hit
Bitcoin fell by as much as 5.7% on Tuesday, on track for its largest one-day drop in two weeks, as a wave of selling hit cryptocurrencies and other risk assets, such as stocks.
Cryptoverse: AI tokens outpace record-breaking bitcoin
The rise of many AI crypto tokens has outpaced even that of bitcoin over the past year as the world's biggest cryptocurrency has surged to record levels.
What investors should do as Bitcoin halving nears
Current Bitcoin prices are a characteristic of the bull market – a period marked by rising prices and burgeoning buying activity. We are currently at the start of a new bull cycle, a phase where Bitcoin ascends and outpaces all other assets. After Bitcoin's initial surge, attention pivoted to Ethereum, Solana, and their ecosystem counterparts.
Bitcoin tops Taylor Swift and Beyoncé in Google search
Bitcoin’s record-breaking rally has sent searches for the largest cryptocurrency to their highest point in over a year, attracting more US searches than the two music artists combined over the last week, according to Google Trends data.
Bitcoin zooms to fresh record high, tops $72,500. What's next?
Bitcoin has gained over 70% this year and most of the gains have come over the last few weeks. Meanwhile, the market capitalization of BTC has now reached $1.42 trillion, exceeding that of silver, which stands at $1.38 trillion.
Cryptocurrency Price on March 19: Bitcoin slides 6% to below $65,000 ahead of US Fed policy decision
The global cryptocurrency market cap declined 5.35% to around $2.45 trillion in the last 24 hours.
Binance CEO sees Bitcoin topping $80,000
The launch of Bitcoin ETF in the US earlier this year has attracted institutional investors and new fund flows, Teng said at an event in Bangkok on Sunday, adding "we're just getting started."
Cryptocurrency Price on March 26: Bitcoin jumps above $70,000; Internet Computer, Shiba Inu rise up to 14%
Bitcoin surged past the $70,000 mark on Tuesday in early trade, surpassing the level for the first time in 10 days and gaining nearly 5% over the past 24 hours. Ethereum was up 4.8% during the same period, while tokens for major layer-1 blockchains Solana and Avalanche jumped nearly 4%.
Cryptocurrency Price on March 18: Bitcoin trades near $68,500; Avalanche, Shiba Inu jump up to 18%
Investors await the central bank's policy decisions, due later in the week, as they look for clues into the future global interest rate trajectory.
How to Buy Bitcoin in India?
Discover how to buy Bitcoin in India with our step-by-step guide. Learn to invest confidently and navigate the crypto world safely.
Bitcoin's market cap surpasses silver, becomes eighth most valuable asset
Bitcoin had already exceeded the market cap of Meta, now valued at $1.23 trillion. The next target in Bitcoin's ascent is Alphabet, the parent company of Google, currently valued at just below $1.72 trillion. Bitcoin enthusiasts are also eyeing gold, the world's most valuable asset, which boasts a market capitalisation of $14.7 trillion.
Bitcoin tops $72,000 for the first time as rally builds steam
Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. Bitcoin won further support Monday after Britain's Financial Conduct Authority watchdog said it would join US regulators by allowing the creation of crypto-related securities.
Cryptocurrency Price on March 15: Bitcoin falls below $68,000 on US rate cut concerns; Dogecoin, Shiba Inu tank 11%
Meanwhile, Ethereum, the second largest crypto token, also plunged over 7% to $3,685. The global cryptocurrency market cap declined 6.15% to around $2.6 trillion in the last 24 hours.
Bitcoin-at-$100,000 forecasts are looking more realistic in the options market
The largest cryptocurrency jumped to another all-time high of more than $70,000 on Friday, capping a seven-week run of more than 70%. In the options market, the open interest, or the number of outstanding contracts, for call options with strike prices of $80,000 and $100,000 has jumped around 12% each in the last 24 hours.
Mudrex launches US Bitcoin Spot ETFs for investors in India
Edul Patel, CEO & Co-founder of Mudrex, said, “Seeing the increasing demand for Bitcoin spot ETFs and user requests on our platform in the past few months, we have decided to launch it for Indian investors. We aim to empower investors with the flexibility to invest across a diverse range of crypto products, offering a seamless and accessible avenue to navigate the dynamic digital asset landscape”.
Cryptocurrency Price on March 14: Bitcoin hits fresh all-time high of $73,700; BNB, Solana jump up to 14%
Other popular crypto tokens such as BNB (13.8%), Solana (9.6%), Dogecoin (7%), Avalanche (4.1%), Polygon (3.6%), and Shiba Inu (1.3%) surged. On the other hand, Ethereum, XRP, Toncoin, and Uniswap declined.
Grayscale plans spin off of spot bitcoin ETF
GBTC - which in January received approval to convert from a trust to an ETF - currently has higher fees than its peers, one of the key factors in drawing investors to rival ETFs, Reuters has reported.
Bitcoin soars to record high, then tumbles
The world's largest cryptocurrency hit a high of $69,202, topping November 2021's all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January. It then reversed course and was recently down around 7% at $63,400.
ETMarkets Emerging Investment Opportunities event throws spotlight on options beyond equities
The 'ETMarkets Emerging Investment Opportunities' event in Bengaluru, held in collaboration with Mudrex, showcased diverse investment avenues beyond equities. Experts discussed alternative asset classes beyond equities such as bonds, cryptocurrency, fixed deposits, and REITs. Key points included the evolving cryptocurrency landscape and regulatory efforts to make bonds accessible, the resilience of fixed deposits, and the significance of REITs in real estate investment.
Is crypto a future competition to local equity markets? Here's what Uday Kotak says
Uday Kotak noted that developed nations legitimising the virtual currency and its trading further adds fuel to the crypto bandwagon and investors are looking at it as a hedge for other investments.
Bitcoin rockets to record high as investors cheer ETFs; analysts say, 'it's just getting started'
Bitcoin soared to a record high on March 06, fueled by investors pouring money into newly created spot exchange-traded funds in the U.S. The world's largest cryptocurrency hit a high of $69,202, topping an all-time peak reached in November of 2021. It then moved lower later in Tuesday’s session. Bitcoin’s surge is driven by “simple supply and demand,” says Ben Laidler, global markets strategist at eToro, and comes just weeks after the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January. Supply of bitcoin is limited to 21 million, of which 19 million have already been mined. Bitcoin rockets to record high as investors cheer ETFs; analysts say, 'it's just getting started'
Bitcoin surges to fresh record high above $73,000 post US CPI data
In the last 24 hours, Bitcoin jumped to an intraday peak of $73,127. It was last 0.9% higher at $72,920 at 12:57 pm IST.
Cryptocurrency Price on March 21: Bitcoin jumps 9% to $66,500 after Powell-led FOMC keeps rates unchanged
Fed Chair Jerome Powell said that recent hot inflation readings had not changed the underlying story of slowly easing price pressures and reiterated the central bank's earlier forecast of soft landing for the world's largest economy.
Bitcoin smashes through $70,000 mark
The leading cryptocurrency topped the $70,000 mark for the first time, boosted by investor demand for new U.S. spot exchange-traded crypto products and expectations for global interest rates to fall.
Crypto crash gems: Top projects to buy and hold while we wait for crypto to go up again
Bitcoin and top cryptocurrencies retract while projects like Dogecoin20, Green Bitcoin, Smog Token, Filecoin, and Fetch.ai present unique opportunities during the crypto crash for passive income, staking, airdrops, and AI integration.
ETMarkets Emerging Investment Opportunities: Minting confidence in cryptocurrency, Edul Patel dives into the Bitcoin saga and beyond
At 'ETMarkets Emerging Investment Opportunities,' in partnership with Mudrex, Edul Patel, the Co-founder and CEO of Mudrex, presented a distilled dialogue tracing risks and rewards in the crypto industry, while demystifying the Bitcoin universe for all. Sharing statistics and blending rationales with perspectives from the investor’s point of view, Patel was eloquent as moved from one question to another with nuance and depth. Here are the highlights.
Cryptocurrency Price on March 12: Bitcoin trades near $72,000; Toncoin, Avalanche jump up to 34%
Bitcoin jumped to an intraday peak of $72,850 in the last 24 hours. The token was last 5% higher at $71,986 at 11:26 am IST. Other major crypto tokens also surged with Ethereum rising 4.7%, Solana up 9.2%, XRP 14.7%, among others
Bitcoin’s rally is creating around 1,500 ‘millionaire wallets’ daily
Bitcoin has soared around 70% already this year amid exuberance over surging demand for US exchange-traded funds that were first allowed to hold the tokens in January.
Trade of the Century: How Michael Saylor revolutionised corporate finance with Bitcoin
The financial world stands in awe of its CEO Michael Saylor and his audacious strategy, which is now heralded as "The Trade of the Century." on crypto Twitter.
El Salvador stashes $406 million in Bitcoin in 'cold wallet': Bukele
El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs. The cold wallet protects cryptocurrency investments by keeping them offline to prevent hacking attacks.
Institutional investors may help Bitcoin sustain new heights
Bitcoin's rally is driven by new U.S. spot bitcoin ETFs, expectations of U.S. interest rate cuts, and traditional institutions entering the market. Retail interest is indicated by Google searches and CME Micro Bitcoin futures. Supply dynamics and the upcoming Bitcoin halving impact prices.
Cryptocurrency Price on March 11: Bitcoin surges to new all-time high, crosses $71,000 mark for the first time
In the last 24 hours, Bitcoin jumped to an intraday peak of $71,030 in volatile trading. It was last 2.4% higher at $70,900 at 1:07 pm IST. The largest cryptocurrency has gained nearly 70% this year and most of the rise has come in the last few weeks
Bitcoin & Nifty are very similar from risk-reward perspective: Edul Patel, Mudrex
Mudrex CEO Edul Patel highlights the similarity between Bitcoin and the Nifty index, emphasizing their comparable risk-reward profiles. He also discusses the declining trend of Bitcoin's volatility and the significance of ETFs in reducing volatility and increasing market participation.
Bitcoin’s market value touches record as token’s price nears all-time high
The market cap of Bitcoin reached $1.35 trillion, scaling the peak of $1.28 trillion from November 2021, CoinGecko data shows. That was the month the token jumped to $68,991.85 at the apogee of its pandemic-era bull run. That was the month the token jumped to $68,991.85 at the apogee of its pandemic-era bull run
Cryptocurrency Price on March 10: Bitcoin near $69,600; Dogecoin, Polygon rise up to 3%
Bitocin smashed the $70,000 mark for the first time on Friday, boosted by investor demand for new US spot exchange-traded crypto products and expectations for global interest rates to fall.
In Bitcoin's shadow, another cryptocurrency, Ether, stages its own rally
Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date in comparison to bitcoin's 61 percent rise.
Is crypto back? What to know about bitcoin’s surge
A major turning point for the crypto industry arrived in August, when a court ruling paved the way for financial firms to offer new investment products tied to the price of bitcoin. The products, called exchange-traded funds, or ETFs, gave investors a way to dabble in cryptocurrencies without owning them directly.
Bitcoin bursts above $65,000, record high comes into view
The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where inflows into U.S.-listed bitcoin funds have surged.
Understanding Bitcoin Halving: A key event for Bitcoin investors
Bitcoin operates on a decentralized network powered by blockchain technology. Unlike traditional fiat currencies that are controlled by central authorities like governments or banks, Bitcoin's issuance and supply are governed by code.
Bitcoin soars over 60% so far in 2024. What's next?
Bitcoin's price surged from $42,265 on January 1, 2024, to $68,537 on March 4, 2024. This surge represents a nearly 62% increase.
MicroStrategy issues second convertible debt this month to buy more bitcoin
MicroStrategy has opted to raise capital through convertible bonds offering for the second time in less than 10 days to further increase its exposure to booming bitcoin.
Bitcoin back on the rise after vaulting to new record
Bitcoin rallied again on Wednesday after retreating briefly from an all-time high it set less than 24 hours earlier, as bulls showed few signs of pulling their bets on the world's largest cryptocurrency.
Cryptocurrency Price on March 7: Bitcoin trades above $66,000; Shiba Inu, Dogecoin shed up to 16%
The world's largest crypto token today jumped to an intraday peak of $67,637 in volatile trading, not too far from Tuesday's record high of $69,202. It was last 2.4% higher at $66,015.
Bitcoin has surged 35% since ETF launch in January. What's next for investors
The US securities regulator approved the first US-listed exchange-traded funds (ETFs) on 10th January to track Bitcoin, marking a watershed moment for the world's largest cryptocurrency and the broader crypto industry.
JPMorgan predicts Bitcoin correction once halving euphoria cools
JPMorgan: A Bitcoin code update in April called “the halving” that will reduce the amount of tokens issued daily by half to about 450 is being cited by advocates as leading to a supply shortage. Bitcoin has jumped about 45% this year to around $62,000, with demand surging from exchange-traded funds approved in January.
Bitcoin ETF record gets broken yet again on $612 million inflow
BlackRock Inc.’s iShares Bitcoin Trust (ticker IBIT) netted $612 million Wednesday in its biggest one-session haul, breaking a record set just a day prior, data compiled by Bloomberg show. Altogether, the 10 new exchange-traded funds investing directly in the world’s biggest cryptocurrency took in a net $673 million, even with the outflows seen by Grayscale Bitcoin Trust (GBTC).
Ethereum surges past $3,800, hits highest level since January 2022
In a notable surge within the cryptocurrency market, Ethereum (ETH) has surpassed the $3,800 mark, reaching a peak above $3,860 in Wednesday's trade, marking its highest level since January 2022.
Cryptocurrency Price on March 6: Bitcoin tumbles after hitting new record high above $69,000
Among major tokens, Dogecoin dropped 9.6%, while Shiba Inu declined 7.3%. BNB, XRP, Cardano, Avalanche, Polkadot, Chainlink, and Polygon also cracked 4-6%. However, the world's second-largest cryptocurrency, Ethereum rose 0.4% to $3,735 in the last 24 hours.
Ethereum ETFs: The next big push for bull run
If Bitcoin's dominance in the crypto market is undeniable, Ethereum's unique functionalities and growing ecosystem make it a force to be reckoned with. The Ethereum blockchain and its native currency, Ether (ETH), serve as the backbone for a vast array of decentralized applications and innovative projects.
Bitcoin hits record high of $69,202 on increased investor appetite
Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.
