The crypto industry is advancing. (Just don’t ask it where it’s going.)
6 days ago

The crypto industry is advancing. (Just don’t ask it where it’s going.)

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. And while the industry is grateful for all the attention, the White House’s embrace of some of crypto’s less savory aspects, like meme coins, has given serious investors pause. Eswar Prasad: The crypto industry is kissing the ring, and I think it’s getting exactly what it wants from the Trump administration, which is the legitimacy provided by government oversight, coupled with what is almost certain to be quite light touch and non-inclusive regulation. And it just makes me think, if that’s the real value of crypto, it would seem that the industry is just wildly overvalued. Nightcap: Crypto markets were disappointed because the administration said it wouldn’t use taxpayer money to buy bitcoin under the strategic reserve plan.

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History of this topic

Will America’s crypto frenzy end in disaster?
1 month, 3 weeks ago

Will America’s crypto frenzy end in disaster?

Live Mint  

“Get your $TRUMP now," came the message from America’s president-elect three days before his inauguration. For anyone not paying attention, an executive order on January 23rd made things clear: digital assets, it announced, would play “a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership". Then on January 23rd the Securities …

Crypto In 2024: How Cryptocurrency Market Turned Into A $3.68-Trillion Powerhouse
3 months ago

Crypto In 2024: How Cryptocurrency Market Turned Into A $3.68-Trillion Powerhouse

ABP News  

2024 was a dream run for the crypto market with Bitcoin hitting the historic milestone of $100,000. Starting from the approval of Bitcoin ETFs in January till the recent $100k milestone, the landscape has matured so much that leading economies have started going big on the crypto market. ETFs Driving Institutional Adoption The crypto market got its first boost from …

Crypto Industry In 2025: What The Future Of Bitcoin, Other Top Coins Looks Like
3 months ago

Crypto Industry In 2025: What The Future Of Bitcoin, Other Top Coins Looks Like

ABP News  

As the year comes to a close, Bitcoin is all set to end at a remarkable high, nearing the $110,000 milestone. Countries like China and Morocco revisiting their crypto policies and the emergence of better regulatory clarity in the US has set a global stage for broader adoption bringing crypto mainstream. Countries like China and Morocco legalising crypto and the …

Bitcoin reflects a fast changing global financial system landscape
3 months, 2 weeks ago

Bitcoin reflects a fast changing global financial system landscape

China Daily  

The price of Bitcoin has exceeded $100,000 recently. The development of the financial internet model will have an important impact on the cryptocurrency market and the global financial infrastructure. The cryptocurrency market represented by Bitcoin will become an important part of the global financial system, and Bitcoin's market value will continue to expand with the development of the entire market. …

Crypto's New World Order: Who's Rising to the Top in 2024?
1 year ago

Crypto's New World Order: Who's Rising to the Top in 2024?

Deccan Chronicle  

In 2024, the cryptocurrency landscape is undergoing significant shifts, with new players emerging and established leaders adapting to the evolving market dynamics. As the industry continues to mature, a new world order is taking shape, reshaping the power dynamics and influencing the future trajectory of digital assets. Projects like China's Digital Currency Electronic Payment and the European Central Bank's digital …

Cryptos appeal to not die despite volatile markets, macro risks, tax rules
2 years, 8 months ago

Cryptos appeal to not die despite volatile markets, macro risks, tax rules

Live Mint  

There are more reasons to exit the cryptocurrency market in the latest scenario than to hold onto this complex investment mechanism. Some of the factors which have dampened crypto investment mood are - new taxation in India, geopolitical tensions, recession fears, liquidation of hedge funds, suspension of withdrawals, liquidity crunch, macroeconomic risks, and global bear run among others. At present, …

I told you so moment for Crypto | OPINION
2 years, 8 months ago

I told you so moment for Crypto | OPINION

India Today  

I had developed notoriety as a crypto basher, and therefore, as a consequence, I was widely labelled as a luddite, a technology illiterate and many other sobriquets. However, the US Dollar continues to be a store of value as it is backed by the massive US economy and its global trade, as well as the entire energy trade happening across …

Cryptos are dying; long live the blockchain
2 years, 9 months ago

Cryptos are dying; long live the blockchain

Live Mint  

Before I’m accused of being alarmist, crypto isn’t doomed. The provocative title is taken from a cheeky ad that Coinbase, the world’s largest crypto company, ran earlier this year at the US Superbowl, proclaiming “Crypto is dead, long live crypto". As Maria Bustillos put it in The New York Times, “Crypto is just one aspect of the larger blockchain universe… …

Crypto meltdown is wake-up call for many, including Congress
2 years, 9 months ago

Crypto meltdown is wake-up call for many, including Congress

Associated Press  

NEW YORK — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. The Terra episode publicly exposed a truth long-known in the always-online crypto community: for every digital currency with staying power, like bitcoin, there have been hundreds of failed or worthless currencies in crypto’s short history. Politicians, crypto enthusiasts, and industry lobbyists all …

What’s next for crypto investors?
2 years, 10 months ago

What’s next for crypto investors?

Al Jazeera  

On Friday, May 20 at 19:30 GMT: Investors have seen their crypto fortunes disappear in the past weeks as a massive sell off of digital assets dealt severe blows to the global market. Many analysts say the crypto market is mirroring ongoing declines in traditional markets that have been hit by rising inflation and a spike in interest rates. And …

The bear market in crypto and high-tech shares means a great ‘sorting’ is occurring
2 years, 10 months ago

The bear market in crypto and high-tech shares means a great ‘sorting’ is occurring

The Independent  

The bears are growling, and the crypto-bears are growling loudest of all. Last week, for example, Apple was toppled as the world’s most valuable enterprise by oil company Saudi Aramco. The Apple share price is down 19 per cent in the year to date, but is almost a modest fall compared with that of Netflix, down nearly 69 per cent, …

Budget 2022: Cryptocurrency sector riddled with bottlenecks; time to bring policy change
3 years, 1 month ago

Budget 2022: Cryptocurrency sector riddled with bottlenecks; time to bring policy change

Firstpost  

Union Budget 2022-23: The finance minister should consider formulating policies to leverage growth from emerging technology such as blockchain tech which serves as the backbone of crypto The cryptocurrency sector in India is riddled with regulatory bottlenecks which makes it challenging to operate retail businesses. Given that crypto exchanges will have to undertake operations to keep markets from turning illiquid, …

The cryptosphere may evolve to resemble the music market
3 years, 3 months ago

The cryptosphere may evolve to resemble the music market

Live Mint  

To envision the future of crypto, I keep trying different analytical tools. That kind of user focus would mean many of the gains of crypto accrue to the early crypto asset holders. If you are long current crypto assets, you may be hoping for this kind of scenario to extend itself, because those assets will accumulate much of the value …

Bitcoin Price Today Hits All-time High, Jumps Above $67,500; Crypto Gains 130% this Year
3 years, 4 months ago

Bitcoin Price Today Hits All-time High, Jumps Above $67,500; Crypto Gains 130% this Year

News 18  

Bitcoin made history on Tuesday by touching a new all-time high. Bitcoin price climbed 3.37 per cent in the last 24 hours to $67,520.02 at 0735 hours, according to CoinMarketCap. Bitcoin price rose sharply after the much anticipated debut of the first Bitcoin ETF on the New York Stock Exchange in October. The second largest cryptocurrency rose 1.82 per cent …

Wall Street and Main Street financial firms embraced bitcoin. Now it's crashing.
3 years, 10 months ago

Wall Street and Main Street financial firms embraced bitcoin. Now it's crashing.

CBS News  

This month's trillion-dollar plunge in cryptocurrencies now has a name: the Great Unwind. The billionaire entrepreneur largely attributes the rout to investors borrowing heavily — a way of boosting returns by using "leverage" — to buy up bitcoin competitor ethereum and other digital currencies. Earlier this month, the Wall Street bank began offering an investment service that allows its high-net-worth …

Crypto market value tops $1 trillion as Bitcoin hits $38,510.06
4 years, 2 months ago

Crypto market value tops $1 trillion as Bitcoin hits $38,510.06

Live Mint  

The total market value of cryptocurrencies surpassed $1 trillion for the first time Thursday amid a frenzied and volatile rally in Bitcoin to yet another record. Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows. They've kept going “The more that people perceive that their assets, particularly their liquid …

Bitcoin's bumpy revolution may be only just beginning
5 years, 3 months ago

Bitcoin's bumpy revolution may be only just beginning

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Bitcoin’s first major price burst in 2013 was a small blip compared to …

Understanding blockchain technology and its implications on the future of transactions
5 years, 8 months ago

Understanding blockchain technology and its implications on the future of transactions

Firstpost  

Blockchain technology is transformative, and several commentators expect that it will have a massive economic impact similar to the one the Internet has had in the past few decades. Since blockchain technology is at the heart of Bitcoin and other virtual currencies, it can at the very least be expected to power even more consequential mediums of exchange in the …

‘Blockchain was built to ensure settlement with high certainty’
6 years, 3 months ago

‘Blockchain was built to ensure settlement with high certainty’

Live Mint  

The value of virtual crypto currencies, such as bitcoins, have remained volatile ever since the bitcoin code was first released. In a recent phone interview from London, Cary explained why he still believes that bitcoin is “digital gold" and why he is optimistic that India will embrace crypto currencies. I’m still pretty optimistic that in the long run India will …

Investing in cryptocurrency: What you need to know
6 years, 5 months ago

Investing in cryptocurrency: What you need to know

CNN  

San Francisco CNN Business — Everyone’s talking about cryptocurrencies, even if they don’t fully understand them. The thing to know about hardware wallets is that, while they’re highly secure, they’re not ideal for people looking to make quick trades as it takes several hours or even days to get crypto out of them. Some, like Coinbase, the largest crypto exchange …

Cryptocurrencies are here to stay
7 years, 1 month ago

Cryptocurrencies are here to stay

Al Jazeera  

Since the end of last year, people have been left dumbfounded by the meteoric rise in the value of bitcoin, the father of all cryptocurrencies. On January 17, bitcoin’s value suddenly halved as futures contracts on the cryptocurrency expired, sending shockwaves through the cryptocurrency market that buffeted even top performing “alt-coins” like ethereum and ripple. Every time people exchange bitcoin …

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