Sure, Crypto Is Crashing, but Everything Is Perfectly Fine
54 years, 11 months ago

Sure, Crypto Is Crashing, but Everything Is Perfectly Fine

Wired  

“Grab your conviction and stay with it.” That piece of advice, doled out on Tuesday by the hosts of popular cryptocurrency podcast Bankless, Ryan Sean Adams and David Hoffman, encapsulates the mindset prevalent in crypto circles these days. The latest victim of the crypto crunch is Celsius, a lending platform that insights company Kaiko says has put $475 million of its customers’ money into stETH—a synthetic asset theoretically redeemable for leading cryptocurrency ethereum at some point in the future. A meme posted on Bankless’ Twitter handle features a noose-wearing James Franco at the gallows—a stand-in for crypterati who weathered the 2018 crypto crash—asking two weeping crypto holders from 2022 whether it is their “first time” there. “If you look at the fundamentals—blockchain adoptions, user expansion, real use cases being unearthed, you wouldn’t think the industry is going anywhere down,” says His Excellency Justin Sun, Grenada’s ambassador to the World Trade Organization and creator of the TRON blockchain, whose stablecoin usdd also lost its peg to the dollar last week. “We might see a scenario where bitcoin starts to rally in the next months, while the rest of the ‘alt-coins’ remain down.” The elephant in the room, however, is the fact that cryptocurrencies—assets routinely touted as a hedge against inflation and the vagaries of the financial system—are behaving exactly like the rest of the stock market.

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Bitcoin posts its first ever weekly decline since Donald Trump's victory
2 days, 8 hours ago

Bitcoin posts its first ever weekly decline since Donald Trump's victory

Hindustan Times  

Bitcoin marked its first weekly decline since Donald Trump’s election victory as the Federal Reserve’s cautious policy outlook tempered optimism over the president-elect’s embrace of the crypto sector. A record outflow from US exchange traded funds investing directly in Bitcoin last week will weigh on prices in the near term, said Sean McNulty, director of trading at liquidity provider Arbelos …

Crypto Week Ahead: Bitcoin Sets New ATH Of $106,000, Thanks To Trump’s Promises
1 week, 2 days ago

Crypto Week Ahead: Bitcoin Sets New ATH Of $106,000, Thanks To Trump’s Promises

ABP News  

Bitcoin continued on its upward path, passing a new ATH of $106k mark, driven largely by US President-elect Donald Trump’s promises to make BTC a reserve asset when the assumes office. What Crypto Traders Are Saying About Current Market Scenario Mudrex co-founder and CEO Edul Patel told ABP Live, "Over the weekend, Bitcoin hit a new all-time high crossing the …

Bitcoin crosses $100K again: What drove the fresh rally?
1 week, 6 days ago

Bitcoin crosses $100K again: What drove the fresh rally?

India Today  

Bitcoin, the world’s largest cryptocurrency, surged past the $100,000 mark on December 12, following recent US inflation data that bolstered expectations of a Federal Reserve interest rate cut, as per reports. MARKET MOMENTUM BACKED BY INFLATION DATA The November Consumer Price index reported a 0.3% monthly rise and a 2.7% annual increase, aligning with forecasts and fuelling hopes for rate …

Crypto Week Ahead: Bitcoin Sets Much-Awaited ATH Of $100,000. Cooldown Expected For Now
2 weeks, 2 days ago

Crypto Week Ahead: Bitcoin Sets Much-Awaited ATH Of $100,000. Cooldown Expected For Now

ABP News  

Bitcoin had a stupendous week, passing the much-awaited $100k mark by riding the ‘Trump Bump’. Crypto Events To Note Bitcoin's surge toward the highly anticipated $100,000 mark has been accompanied by substantial sell-offs from long-term holders, raising concerns among analysts about a possible market peak. What Crypto Traders Are Saying About Current Market Scenario Mudrex co-founder and CEO Edul Patel …

Mint Primer: Bitcoin has scaled the $100k peak. Can it crash too?
2 weeks, 5 days ago

Mint Primer: Bitcoin has scaled the $100k peak. Can it crash too?

Live Mint  

In January, the US Securities and Exchange Commission boosted bitcoin by approving exchange-traded funds. In fact, many analysts, including critical ones such as the US-based Alex Dobvnya, have said that bitcoin, with a market cap of $2.02 trillion at the time of publishing this story, is now “too big to fail". Each of the world’s top 10 crypto tokens has …

Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on
3 weeks ago

Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

LA Times  

Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election of Donald Trump rolls on. He’s faced criticism from industry players in the process, including the chief legal officer of Robinhood, who described Gensler’s approach toward crypto as “rigid” and “hostile.” Gensler will step down when Trump takes office. The …

Crypto Week Ahead: Bitcoin Records Biggest Monthly Gains. Will Upward Trend Continue?
3 weeks, 2 days ago

Crypto Week Ahead: Bitcoin Records Biggest Monthly Gains. Will Upward Trend Continue?

ABP News  

Bitcoin, has been managing surprisingly well to hold on to its bull run, gaining over $26,000 in November - its biggest monthly gain of late. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $3.35 trillion. Check Out Top Crypto Prices Today DeFi's total volume stands at $12.47 billion, at 6.59 percent of the …

Crypto Week Ahead: Bitcoin Continues Super Bull Run With Eyes Set On $100k
Trending News
1 month ago

Crypto Week Ahead: Bitcoin Continues Super Bull Run With Eyes Set On $100k

ABP News  

Bitcoin, despite continuing bull run, led to a crypto liquidation of $470 million in just 24 hours, leaving an impact on several altcoins, including the likes of Dogecoin and Ripple. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $3.09 trillion. Check Out Top Crypto Prices Today DeFi's total volume stands at $14.63 billion, …

Bitcoin closes in on $100,000 as crypto analysts make bold 2025 prediction
1 month ago

Bitcoin closes in on $100,000 as crypto analysts make bold 2025 prediction

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. The crypto market’s reaction to Trump’s victory follows an election campaign that saw the Republican candidate pledge …

Bitcoin vaults to all-time peak as Trump election raises crypto excitement
1 month, 1 week ago

Bitcoin vaults to all-time peak as Trump election raises crypto excitement

Live Mint  

By Samuel Indyk and Gertrude Chavez-Dreyfuss LONDON/NEW YORK -Bitcoin surged to a record above $87,000 on Monday in a blistering rally amid expectations cryptocurrencies will thrive in a light-touch regulatory environment following the election of Donald Trump as U.S. president and pro-crypto candidates to Congress. Trump embraced digital assets during his campaign, promising to make the United States the "crypto …

BTC's Stability Amid US Election Uncertainty: Will Trump's Fate Influence the Crypto Market?
1 month, 3 weeks ago

BTC's Stability Amid US Election Uncertainty: Will Trump's Fate Influence the Crypto Market?

ABP News  

Bitcoin shows signs of stability, with the price holding around $67,000. The upcoming US Presidential election will likely influence the market, with pro-crypto candidate Donald Trump's fate playing a significant role. The overall crypto market remains volatile, with prices fluctuating significantly in recent weeks.

Bitcoin Soars to New Heights, But Market Volatility Remains High
2 months ago

Bitcoin Soars to New Heights, But Market Volatility Remains High

ABP News  

Bitcoin and Ethereum ETFs see record inflows, with Bitcoin reaching a 30-day high of $69,000. The overall crypto market is volatile, with Bitcoin and Ethereum experiencing significant price fluctuations. BlackRock is reportedly stepping up its efforts in the crypto derivatives space, with discussions to enable the use of the BUIDL token as collateral in crypto derivative transactions.

Bitcoin Soars Past $67,000, Reaches Highest Level Since July
2 months, 1 week ago

Bitcoin Soars Past $67,000, Reaches Highest Level Since July

Live Mint  

Bitcoin soars to new heights, reaching its highest level since July. The leading cryptocurrency surged past $67,000, with a surge of 2.45 per cent, reaching a new high of $67,520. The cryptocurrency has been performing well in recent weeks, with a lack of volatility that has frustrated some in the crypto community. The recent rally in U.S. stocks has also …

Crypto Week Ahead: Bitcoin Continues To Be Bearish As US Jobs Report Disappoint
3 months, 2 weeks ago

Crypto Week Ahead: Bitcoin Continues To Be Bearish As US Jobs Report Disappoint

ABP News  

Bitcoin continues to see a downward trend as a softer-than-expected US jobs report failed to lend confidence among investors. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $2.02 trillion. Check Out Top Crypto Prices Today DeFi's total volume stands at $2.54 billion, at 4.88 percent of the total market 24-hour volume. Crypto Events …

Bitcoin crashes the most since global market rout, Ether sees sharp fall
3 months, 3 weeks ago

Bitcoin crashes the most since global market rout, Ether sees sharp fall

Hindustan Times  

Bitcoin posted its biggest drop since the turmoil that gripped global markets in early August, part of a wider retreat in crypto prices that included a sharp fall in second-ranked token Ether. Traders are awaiting the latest results from Nvidia Corp., a bellwether for the artificial intelligence theme that has helped to push global stocks to record highs. “We basically …

Bitcoin price crash: Why is crypto market collapsing?
4 months, 2 weeks ago

Bitcoin price crash: Why is crypto market collapsing?

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. The crypto market downturn can be pinpointed to broader economic turmoil, which has seen massive losses for …

Bitcoin price in free fall as crypto market crashes
4 months, 2 weeks ago

Bitcoin price in free fall as crypto market crashes

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. Read our privacy policy Bitcoin is experiencing its worst price crash since 2022, falling more than 10 …

Bitcoin slumps 10% to trade at $54,333, heaviest weekly loss since FTX collapse, crypto market sell-off at $760 million
4 months, 2 weeks ago

Bitcoin slumps 10% to trade at $54,333, heaviest weekly loss since FTX collapse, crypto market sell-off at $760 million

Live Mint  

Bitcoin tumbled over 10 per cent at one point, before bouncing to trade at $54,333 at 9.17 am in Singapore on August 5, Bloomberg reported. The digital currency in fact had its worst week since the FTX collapse shook crypto markets in 2022, losing 13.1 per cent over the past seven days, it added. The world's largest cryptocurrency is under …

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?
6 months ago

Bitcoin drops 4% to $61,000, witnesses second-worst weekly decline; What’s behind the plunge?

Live Mint  

World's biggest cryptocurrency Bitcoin witnessed a downturn of over 3 per cent on Monday, falling to $61,000 level. Losses are mounting in the crypto market following its second-worst weekly decline of 2024, driven by waning demand for Bitcoin exchange-traded funds and uncertainty surrounding monetary policy. Despite the prevailing downturn, Bitcoin's open interest has experienced a slight uptick of 0.59 per …

Bitcoin tumbles nearly 8%, settling at $63,000 from March-April highs amid the Israel-Iran crisis
8 months, 1 week ago

Bitcoin tumbles nearly 8%, settling at $63,000 from March-April highs amid the Israel-Iran crisis

Live Mint  

Bitcoin down: Bitcoin slumped 7.9 percent to $61,842 at 21:00 GMT on April 13 after news of Iran's retaliatory drone strikes on Israel broke out, Reuters reported. The CoinDesk 20 Index slipped 10 percent, with Cardano's ADA, Avalanche's AVAX, bitcoin cash, filecoin and aptos all slumping 15-20 percent, as per CoinDesk data. Tensions in the Middle East Keeping Markets on …

Crypto's New World Order: Who's Rising to the Top in 2024?
9 months, 1 week 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 …

Bitcoin price briefly tops $69,000 for new all-time high
9 months, 2 weeks ago

Bitcoin price briefly tops $69,000 for new all-time high

Hindustan Times  

Bitcoin surged to a record for the first time in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The net inflow of almost $8 billion in less than two months is colliding with a looming reduction in Bitcoin’s …

Over $1 billion liquidated from the cryptocurrency market in 24 hours
9 months, 2 weeks ago

Over $1 billion liquidated from the cryptocurrency market in 24 hours

Live Mint  

Over $1 billion liquidated from the cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much …

Bitcoin nears all-time-high price more than two years after record was set
9 months, 2 weeks ago

Bitcoin nears all-time-high price more than two years after record was set

The Hindu  

Bitcoin, the largest cryptocurrency by market capitalisation, hit a price of $68,785.95 on Tuesday morning, coming close to the all-time-high of $68,789.63 that it reached on November 10, 2021, according to the CoinMarketCap live tracker. Due to its large market cap and dominant market status, Bitcoin’s rocketing price helped lift the prices of other top crypto coins and tokens, including …

Bitcoin breaches $68,000, nears its all-time high
9 months, 2 weeks ago

Bitcoin breaches $68,000, nears its all-time high

Live Mint  

Bitcoin soared on March 5, reaching close to a two-year high of $68,300 early mark. This recent rally followed a 50 per cent increase in Bitcoin’s value so far in 2024, with most of the gains concentrated in the past few weeks. The rally in Bitcoin prices comes after the recent approval and the launch of spot Bitcoin exchange-traded funds …

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto
9 months, 2 weeks ago

Bitcoin bounces to an all-time high less than two years after FTX scandal clobbered crypto

New Indian Express  

NEW YORK: Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The price for the volatile asset is up almost 200% from one year ago, fueled by the anticipation and eventual regulatory approval of spot bitcoin exchange-traded funds earlier this year, …

Is bitcoin back? Price suddenly surges as investors flock to crypto
9 months, 3 weeks ago

Is bitcoin back? Price suddenly surges as investors flock to crypto

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. “We have entered a new era for bitcoin, with its rapid climb this week marking the clear …

Vantage | What the first crypto crash of 2024 is telling you
11 months, 2 weeks ago

Vantage | What the first crypto crash of 2024 is telling you

Firstpost  

Cryptocurrencies tanked on Wednesday. There is an old saying: ‘The greater the risk, the greater the reward.’ These days, nothing quite epitomises this like crypto. The final decision is expected next week, but on Wednesday, a report said that these Bitcoin funds could get delayed by a few months, and that caused the market to crash. But it hasn’t worked …

Is this the end of crypto?
1 year ago

Is this the end of crypto?

Hindustan Times  

The fall from grace was hard and fast. To the gushing venture capitalists of Silicon Valley, he was the financial genius who could wow investors while playing video games, destined, perhaps, to become the world’s first trillionaire. Big personalities, incestuous loans, overnight collapses—these are the stuff of classic financial manias, from tulip fever in 17th-century Holland to the South Sea …

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?
1 year ago

Bitcoin has surpassed $41,000 for the first time since April 2022. What’s behind the price surge?

Associated Press  

NEW YORK — Bitcoin is once again having a moment. Regulators have previously rejected bitcoin spot ETF applications, but recent wins for some crypto fund managers have improved odds for a first approval, perhaps as soon as next month. While analysts expect the potential approval of spot bitcoin ETFs to create a much larger pool of crypto investors, future volumes …

What’s Behind the Latest Surge in Bitcoin? Little Consensus and Lots of Noise
1 year, 1 month ago

What’s Behind the Latest Surge in Bitcoin? Little Consensus and Lots of Noise

Live Mint  

Bitcoin is in the midst of another head-scratching rally. “There’s a lot of pent-up demand for these products," said Matthew Sigel, head of digital assets research at VanEck, which is one of a dozen asset managers with a pending spot bitcoin ETF application. Others credited crypto advocate Rep. Tom Emmer’s bid to become House Speaker for bitcoin’s latest rally. Here’s …

Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher
1 year, 1 month ago

Bitcoin prices have doubled this year and potentially new ways to invest may drive prices higher

Associated Press  

NEW YORK — Bitcoin is having another moment. A green light from federal regulators hasn’t arrived yet, but recent wins for some crypto fund managers with applications for bitcoin spot ETFs have improved odds for approval, perhaps in the coming months. Kaiko Research points to a brief spike in the price of bitcoin last week, for example, after crypto news …

Crypto Week Ahead: FTX’s Looming Liquidation Of Crypto Assets Dampens Market Sentiment
1 year, 3 months ago

Crypto Week Ahead: FTX’s Looming Liquidation Of Crypto Assets Dampens Market Sentiment

ABP News  

FTX, the embattled company whose meltdown caused the ongoing crypto winter appears to be in the news once again, as it looks to liquidate its crypto assets worth $3.4 billion. However, the recently concluded G20 Summit in New Delhi offered a positive outlook on crypto regulation as benefits of central bank digital currency in its official leaders’ statement. Check Out …

Bitcoin price dramatically crashes amid market worries
1 year, 4 months ago

Bitcoin price dramatically crashes amid market worries

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. The world’s biggest cryptocurrency has fallen more than 7 per cent over the last 24 hours, and …

Crypto Week Ahead: Bitcoin, Ethereum Continue To See Lacklustre Trading
1 year, 4 months ago

Crypto Week Ahead: Bitcoin, Ethereum Continue To See Lacklustre Trading

ABP News  

Bitcoin, the oldest and still the most relevant cryptocurrency in the world, failed to cross the $30,000 threshold over the past week, lending a gloomy outlook to the overall crypto market. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $1.16 trillion. What Crypto Traders Are Saying About Current Market Scenario Mudrex co-founder and …

Crypto Prices Today, July 20: Bitcoin, Ethereum, Binance Down; Polygon, Doge, Ripple Up
1 year, 5 months ago

Crypto Prices Today, July 20: Bitcoin, Ethereum, Binance Down; Polygon, Doge, Ripple Up

News 18  

Cryptocurrency Prices Today, July 20: The cryptocurrency market continues to perform in a tight range. Cryptocurrencies were showing a mixed trend on Thursday, with Bitcoin down 0.86 per cent, Ethereum lower by 2.38 per cent, and Binance Coin down 0.97 per cent. Shubham Hudda, senior manager of CoinSwitch Markets Desk, said, “BTC continues to perform within a narrow range of …

Cryptos Rebound After 5 Days Of Fall: Check Latest Bitcoin, Ether, Doge Prices On July 19
1 year, 5 months ago

Cryptos Rebound After 5 Days Of Fall: Check Latest Bitcoin, Ether, Doge Prices On July 19

News 18  

Cryptocurrency Prices Today, July 19: The cryptocurrency market on Wednesday rebounded after five days of consecutive fall. Bitcoin rose 0.47 per cent, Ethereum was up 0.84 per cent, Dogecoin jumped 0.17 per cent and Ripple surged 7.66 per cent. Shubham Hudda, senior manager, CoinSwitch Markets Desk, said, “Popular altcoins like XRP, XLM, and SNX have shown some strength at the …

Bitcoin, Ether, Dogecoin, Other Cryptocurrencies Down On July 13: Check Latest Rates of Top-10 Cryptos
1 year, 5 months ago

Bitcoin, Ether, Dogecoin, Other Cryptocurrencies Down On July 13: Check Latest Rates of Top-10 Cryptos

News 18  

Cryptocurrency Price Today: Major cryptocurrencies, including Bitcoin, Ether and Matic, were down in the morning on Thursday, July 13, even as the bullish US CPI data was not able to give the market any positive momentum. On Thursday, Bitcoin was down by 1.05 per cent to Rs 26,10,000, Ether was lower by 0.73 to Rs 1,56,510, and Matic was also …

Crypto Week Ahead: Global Market Cap Fails To Hold On To Streak. BTC, ETH Show Signs Of Slump
1 year, 7 months ago

Crypto Week Ahead: Global Market Cap Fails To Hold On To Streak. BTC, ETH Show Signs Of Slump

ABP News  

The global crypto market cap, at the time of writing, stood at $1.18 trillion. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $1.18 trillion. A week later, the overall market cap remained at $1.18 trillion despite climbing up to $1.21 trillion a few days ago, as per CoinMarketCap data. BTC and ETH managed …

End Of Crypto-Winter? Bitcoin to rally up, touch $100,000 by 2024, says Standard Chartered
1 year, 7 months ago

End Of Crypto-Winter? Bitcoin to rally up, touch $100,000 by 2024, says Standard Chartered

Firstpost  

With the crypto winter coming to an end, Standard Chartered seems to have taken a bullish position on Bitcoin, the oldest and the largest cryptocurrency there is. Bitcoin, the world’s most valuable cryptocurrency, has the potential to reach a record high of $100,000 next year, according to Standard Chartered, which claims the so-called ‘crypto winter’ is ended. Also read: European …

Crypto Week Ahead March 27 31 Binance Halts Spot Trading BTC Liquidity Drops What Investors Should Keep In Mind
1 year, 8 months ago

Crypto Week Ahead March 27 31 Binance Halts Spot Trading BTC Liquidity Drops What Investors Should Keep In Mind

ABP News  

The global crypto market has been seeing an upswing over the past few weeks. Slowly recovering from the global meltdown caused late last year by the FTX collapse, crypto prices have been on a steady path to recovery lately. Crypto Prices Over The Past Week Last Monday, the overall crypto market cap stood at $1.15 trillion. Check Out Top Crypto …

Why Bitcoin, other cryptocurrency prices have been rallying
1 year, 9 months ago

Why Bitcoin, other cryptocurrency prices have been rallying

Live Mint  

Most cryptocurrencies have gained momentum in the recent days with Bitcoin price hovering above the $28,000 level for the first time since June 2022. The largest digital coin has gained roughly 25% since March 8, when signs first emerged of trouble around Silicon Valley Bank, which has since folded and ignited turmoil among other lenders. “Bitcoin has been experiencing a …

Bitcoin price predictions split as Mt Gox bankruptcy repayments near
1 year, 9 months ago

Bitcoin price predictions split as Mt Gox bankruptcy repayments near

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. Read our privacy policy Creditors of the defunct Mt Gox cryptocurrency exchange will soon begin the process …

Bitcoin barrels toward historic January as crypto market jumps by $280 billion
1 year, 10 months ago

Bitcoin barrels toward historic January as crypto market jumps by $280 billion

Live Mint  

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing. Smaller coins like Solana, Axie Infinity and Decentraland have doubled in value, part of a $280 billion January climb in digital assets overall, CoinGecko figures show. The rebound from last year’s deep rout is part of a wider revival …

DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter
1 year, 10 months ago

DCG’s crypto exchange Luno to cut 35% jobs amid harsh crypto winter

Live Mint  

Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in the digital assets sector to reduce headcount to weather a slump in the cryptocurrency market. "2022 has been an incredibly tough year for the broader tech industry and in particular the crypto market," Luno said in a …

Crypto firms acted like banks, then collapsed like dominoes
1 year, 11 months ago

Crypto firms acted like banks, then collapsed like dominoes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Further, government regulators started clamping …

Crypto Outlook 2023: What are the emerging themes to watch out for?
1 year, 11 months ago

Crypto Outlook 2023: What are the emerging themes to watch out for?

Live Mint  

The year 2022 turned out to be a game-changer for the digital asset market. The crypto market cap reversed in the final weeks of 2021 and 2022 after reaching an all-time high of $3,009 billion on November 10. Bitcoin's crypto market dominance increased from 32% during Ethereum's early January 2018 peak to over 50% during the 2019 crypto market bottom. …

Bitcoin rally shows that where tech stocks go, cryptocurrencies follow
1 year, 11 months ago

Bitcoin rally shows that where tech stocks go, cryptocurrencies follow

LA Times  

Wall Street, rather than forecasting a sudden renewal of crypto mania, sees the gains as a result of a change in investor sentiment that is lifting technology shares and other risky holdings. Bitcoin rose as much as 4.5% on Thursday to trade around $18,356, its highest since early November, when the first signs of trouble at the FTX exchange began …

Crypto In 2022: The Worst Year For Bitcoin, Ethereum; Is This Beginning of The Fall of Cryptocurrency?
2 years ago

Crypto In 2022: The Worst Year For Bitcoin, Ethereum; Is This Beginning of The Fall of Cryptocurrency?

News 18  

The year 2022 has been the worst year for the cryptocurrencies, the virtual assets including Bitcoin, Ethereum and Polygon saw sharp plunges multiple times in the current calendar year. On the outlook for 2023, Iyer said, “Cryptos will experience a downfall for some more time, as the systemic issues in the crypto world are not addressed fully and may experience …

Cryptocurrency News Live: Reds Dominate Charts As Market Still Copes With FTX Meltdown
2 years, 1 month ago

Cryptocurrency News Live: Reds Dominate Charts As Market Still Copes With FTX Meltdown

ABP News  

Cryptocurrency still remains a mystical subject for many keen investors in India. While cryptos are slowly gaining recognition from investors and regulators alike, with countries and leading brands adopting it as an official tender, there are still a sizeable number of people who wish to invest in crypto, but aren't able to closely track breaking and developing news in the …

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