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Page 14 - Latest Updates on Bitcoin

Crypto broker Voyager Digital issues default notice to Three Arrows Capital

Singapore-based 3AC is one of the higher profile crypto companies to have run into difficulties following crypto markets' selloff in recent months

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Updated On : 27 Jun 2022 | 7:08 PM IST

Stablecoins not stable, have 'no role' as money, warns top banker

As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said.

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Updated On : 27 Jun 2022 | 6:31 PM IST

Crypto winter: Why this bitcoin bear market is different from the past

Crypto loans - particularly those in decentralized-finance apps that dispense with intermediaries like banks - often require borrowers to put up more collateral than the loan is worth

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Updated On : 28 Jun 2022 | 12:11 AM IST

Bitcoin options point to positive signs after meltdown, say traders

The environment, of course, has been strained by a number of hacks, as well as combustions of stablecoin projects and foldings of big-name crypto hedge funds

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Updated On : 26 Jun 2022 | 5:13 PM IST

Crypto exchanges hunker down as everything goes wrong in India

With token prices plummeting, customers unable to transfer money to their accounts and a dreaded tax on cryptos just around the corner, exchanges like WazirX have put expansion plans on back burner

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Updated On : 26 Jun 2022 | 11:03 PM IST

Bitcoin heading to zero, says China state media amid global crypto downturn

Chinese state-run newspaper The Economic Daily earlier justified China's ban on cryptocurrency trading by taking examples of the collapse of stablecoins terraUSD and luna whose value reached zero.

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Updated On : 25 Jun 2022 | 5:22 PM IST

Investors who have a long horizon should wait for crypto prices to recover

Those who don't anything to do with this highly volatile asset class may also throw in the towel

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Updated On : 27 Jun 2022 | 1:56 AM IST

Bitcoin holds above $20,000 after a week of forced crypto selling

Bitcoin reversed earlier losses to trade 0.5% higher for the session

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Updated On : 20 Jun 2022 | 11:38 PM IST

Lending app tries to take over 'whale' a/c to halt crypto collapse

Mounting Crypto Liquidations Make DeFi Go to Extremes: Industry fears contagion as Bitcoin struggles to keep above key level of $20,000

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Updated On : 20 Jun 2022 | 11:19 PM IST

Crypto industry fears contagion as bitcoin price slips under $20,000

Bitcoin has lost almost 60% of its value this year and 37% this month alone in the cryptocurrency sector's latest meltdown

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Updated On : 20 Jun 2022 | 5:36 PM IST

Bitcoin goes past psychological threshold of $20,000 after significant drop

The price of a bitcoin inched above USD 20,000 on Sunday after the broader crypto selloff dragged it below the significant psychological threshold a day earlier

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Updated On : 20 Jun 2022 | 11:01 AM IST

Bitcoin bounces after rout but vibe is still 'strongly negative'

The world's largest cryptocurrency climbed as much as 12% early Sunday, recouping some of its losses from a steep drop Saturday that sent the token to as low as $17,599

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Updated On : 19 Jun 2022 | 8:40 PM IST

Bitcoin drops below $20,000 to lowest since Dec 2020 as investors flee

The digital currency sector has been pummelled this week after cryptocurrency lending company Celsius froze withdrawals.

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Updated On : 18 Jun 2022 | 3:19 PM IST

'Get-rich-quick' days over for crypto investors post relentless sell-off

Global and domestic prices have been on a downward trail since November last year when Bitcoin prices hit a peak of close to $68,000 in international markets

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Updated On : 16 Jun 2022 | 6:15 AM IST

Bitcoin sinks to fresh 18-month low of $20,079 as crypto meltdown deepens

The value of the global crypto market has tumbled 70% to under $900 billion from a peak of $2.97 trillion in November, CoinMarketCap data shows

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Updated On : 16 Jun 2022 | 2:37 AM IST

Crypto update: Bitcoin's unrelenting selloff puts prices on verge of $20k

A market that started sliding late last year on expectations of tighter monetary policy is now showing signs of widespread panic

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Updated On : 15 Jun 2022 | 5:37 PM IST

Bill Gates blasts cryptocurrencies, NFTs as based on 'greater-fool' theory

Bitcoin plunged more than 15% Monday and another 5.4% Tuesday, part of a broader crypto selloff fueled by higher than forecast US inflation

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Updated On : 16 Jun 2022 | 2:38 AM IST

MicroStrategy can withstand bitcoin volatility: CEO amid margin call fears

MicroStrategy CEO Michael Saylor said the software firm was capable of withstanding volatility in bitcoin prices after the token slumped to levels that triggered fears of possible liquidation

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Updated On : 15 Jun 2022 | 6:31 AM IST

El Salvador's bitcoin holdings value slashed in half by crypto sell-off

The 10 purchases announced by President Nayib Bukele via Twitter have a market value of just over $51 mn, with the biggest single trade - 420 coins at more than $59,000 per coin - down almost 63%

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Updated On : 14 Jun 2022 | 11:27 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

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Updated On : 14 Jun 2022 | 12:02 PM IST