Bitcoin price on Monday crossed $47,000-market to hit a three-month high as the global cryptocurrency market was trading in green, according to data on the CoinDesk website. Other popular cryptocurrencies, including Ethereum, extended gains on the share market. BITCOIN PRICE TODAY The world’s largest…
Bitcoin’s price fell below the $40,000-mark and the global cryptocurrency market was trading in the red amid ongoing uncertainty about inflation and international oil prices due to the ongoing Russia-Ukraine war. However, the release of US President Joe Biden’s executive order on cryptocurrency provided a…
The cryptocurrency market is trading in the red, with some exceptions, Wednesday morning after Bitcoin crashed 12 percent in the space of an hour on Tuesday. The crash came on the same day El Salvador accepted the coin as legal tender. Putting on a brave face though, the president of the country Nayib Bukele said the…
The crypto market traded broadly in green on Thursday and Bitcoin rose nearly 8 percent. The market received a price boost after a piece of unconfirmed news on Twitter claimed that Paraguay, a country in South America, aims to make Bitcoin a legal tender. The rally also comes ahead of quarterly futures an expiry on…
The crypto market on Wednesday was trading broadly in the green, with major coins surging, after a volatile session on Tuesday. Bitcoin briefly dipped below $28,600 for the first time since January. Currently, it is trading at $33,976, nearly 4 percent up in 24 hours and remains about 13 percent higher so far this…
The cryptocurrency market on Friday was broadly trading in the red, reeling from the Federal Reserve’s hawkish surprise to the investors. On Wednesday, Fed said it could raise interest rates by late 2023, earlier than what everyone expected. However, some remain optimist that Bitcoin may remain resilient, even as its…
The cryptocurrency market was trading in red on Thursday after US Federal Reserve officials maintained accommodative monetary policy on Wednesday. Bitcoin, the largest cryptocurrency, lost nearly 4 percent after the announcement, despite trading 3 percent higher earlier on Wednesday. The markets also continued to face…
Cryptocurrency investment products and funds saw outflows for a second straight week, with ether posting record outflows as institutional investors took a step back, data from digital asset manager CoinShares showed on Monday. Total crypto ouflows hit USD 21 million for the week ending June 11. Since mid-May, total…
Cryptocurrency market was trading in green on Tuesday after a string of good news helped Bitcoin test $40k. The world’s largest cryptocurrency surged over 25 percent in the last seven days, and touched the $40k level twice during this period. The latest surge came after Elon Musk said Tesla would allow bitcoin…
Internet Computer (IC) is a cryptocurrency developed by the Dfinity Foundation, a nonprofit based in Zurich, Switzerland. It currently has a market cap of $14 billion, making it the 11th largest cryptocurrency (by market cap) and is a strong competitor to Ethereum and Bitcoin. IC claims it was launched to become a…