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Bitcoin, meanwhile, has gained 164 per cent in the last one year - from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.
At current elevated prices, prospective buyers should opt for staggered purchases
The perpetual contract was first introduced by crypto exchange BitMEX in 2016. Exchanges use the so-called funding rate - or the cost to trade
Recent economic data have helped to firm bets on a quarter-point Fed rate hike in May while tempering projections for subsequent policy easing
Cryptocurrency and Bitcoin price today, 12 Sept: Bitcoin and Ethereum price rises. Read this detailed report on the updated prices of BTC, ETH and other cryptocurrencies
From April 1, a 30 per cent tax was applied on income from the sale of cryptocurrency. From July 1, an additional 1 per cent tax was applied in the form of tax deducted at source (TDS)
Bitcoin's been clinging to a range between $32,000 and $47,000, which is proving tricky to break out of
The largest cryptocurrency declined as much as 4.9 per cent to $41,008
Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge
Bitcoin dropped 7% to $35,431.15 at 20:02 GMT on Friday, losing $2,666.53 from its previous close.
Ether, the coin linked to the ethereum blockchain, also dropped more than 5% and last bought $1,707, down almost 17% from last week's record peak
A range of factors have been cited for Bitcoin's ascent, showing how hard it is to pinpoint the proximate cause for the latest bout of volatility
The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike
Bitcoin has soared over 130% this year, and is up more than four-fold from its March lows
The SEC said it has questions concerning how funds holding substantial amounts of cryptocurrencies and related products would satisfy the requirements of the 1940 Act
It has soared more than 900 per cent so far this year, posting the largest gain of all asset classes
Bitcoin has seen another frenzy of buying as the fear-of-missing-out trade bites even harder, says Chris Weston, chief market strategist at IG Group
Segwit2x was supposed to be the second step in a broad two-step process to enhance transaction capacity
JPMorgan Chase CEO Jamie Dimon recently called the cryptocurrency "a fraud"