Page 11 - Latest Updates on Bitcoin
India saw third-highest crypto app downloads between 2015 and 2022: BIS
Experts attributed it to the bull run in the market, curiosity around the crypto technology and access to smartphones and better internet facilities in India
 "India saw third-highest crypto app downloads between 2015 and 2022: BIS")
Binance forming recovery fund to help projects in liquidity crisis
Binance CEO's announcement triggers rise in Bitcoin, Ether
 "Binance forming recovery fund to help projects in liquidity crisis")
Crypto wrap: Amid a volatile week, experts want regulators to collaborate
On Friday, the crypto market cap was above $871 billion with Bitcoin trading at $17,301 and Ethereum at $1,271
 "Crypto wrap: Amid a volatile week, experts want regulators to collaborate")
Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder
Binance CEO Changpeng Zhao recently announced that the largest crypto exchange in the world will start Merkle-tree proof of reserve soon
 "Amid Binance-FTX deal fallout, calls for 'proof of reserve' grow louder")
Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low
With the fall deepening, experts said that the markets may not reach the November 2021 level anytime soon
 "Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low")
Crypto wrap: Market remains largely resilient despite Fed's 75 bps hike
At 1 PM (IST) on Friday, Bitcoin was trading at $20,591, up 2 per cent in the past seven days, and Ethereum was at $1,579, showing a jump of 5 per cent in the same period
 "Crypto wrap: Market remains largely resilient despite Fed's 75 bps hike")
What is cryptocurrency mining?
Companies take the primary market route to raise funds. And, in the process, new securities are created. But, ever wondered how new cryptocurrencies are generated? We answer this in this segment
 "What is cryptocurrency mining?")
Musk's favourite crypto doubles in value, skeptics issue warning
Dogecoin's rally brings focus back on cryptocurrency regulations and decentralised finance networks
 "Musk's favourite crypto doubles in value, skeptics issue warning")
Crypto wrap: Markets rally on expectation of softer stance from US Fed
Bitcoin crossed the $ 20,000 mark, and Ethereum was above the $ 1,500 mark for the first time since it concluded "Merge" in September
Ethereum's dominance in global crypto market up 20% after 'Merge' upgrade
The dominance of Ethereum, the second largest cryptocurrency after Bitcoin, is up 20 per cent in the global crypto market following the 'Merge', a report shpowed on Wednesday
 "Ethereum's dominance in global crypto market up 20% after 'Merge' upgrade")
Crypto weekly wrap: Tokens recover after plunging post-US inflation data
Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released
Crypto hackers set for record year after looting over $3 billion: Report
Hackers have become adept at exploiting weaknesses in the security, coding and structure of DeFi marketplaces
 "Crypto hackers set for record year after looting over $3 billion: Report")
Crypto industry's winter deepens as trading volumes plunge, funds dry up
Volumes tumble over 80% in Jan-Sept; several entities receive 'drawdown notices' from investors
 "Crypto industry's winter deepens as trading volumes plunge, funds dry up")
Crypto weekly wrap: Binance hack, inflation fears keep volatility high
The biggest news of the crypto world this week was that roughly $100 million of Binance Coin was stolen by hacking. It has sent the price of Binance down by 4 per cent
Over 51% of daily Bitcoin volume on crypto exchanges fake: Report
More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed
 "Over 51% of daily Bitcoin volume on crypto exchanges fake: Report")
Equities, Gold, FDs: Where should you invest as global headwinds rise?
With the domestic economy looking ripe to shine despite a possible global recession, analysts recommend investors look at investing a bulk of their investable surplus in equities
 "Equities, Gold, FDs: Where should you invest as global headwinds rise?")
Bitcoin touches lowest level since December 2020 after Fed's 75 bps hike
As of 12 PM (IST), Bitcoin was trading at $18,735, and Ethereum was at $1,272. The total crypto market cap is now nearing $900 billion
JP Morgan CEO Dimon slams crypto tokens as 'decentralised Ponzi schemes'
"I'm a major skeptic on crypto tokens, which you call currency, like Bitcoin," the JPMorgan Chase & Co CEO James Dimon said
 "JP Morgan CEO Dimon slams crypto tokens as 'decentralised Ponzi schemes'")
Bitcoin touches 3-month low; Ether extends fall since 'Merge' update
Investors are bracing for volatility from the jumbo Federal Reserve interest-rate hike expected Wednesday to fight price pressures.
 "Bitcoin touches 3-month low; Ether extends fall since 'Merge' update")
Govt working on GST on crypto transactions, defining legal framework
The government is working on a comprehensive indirect tax regime for crypto assets which will check revenue loss to the exchequer
 "Govt working on GST on crypto transactions, defining legal framework")
