Cryptocurrency prices today: Bitcoin slides below $50,000 after fresh slump, Ether down over 5%

Cryptocurrency prices plunged over the past 24 hours due to a jump in profit booking activity. Aggressive selling is a possibility over the next 24 hours as the overall crypto market remains volatile. Bitcoin, the world’s most popular cryptocurrency, fell below $50,000 to touch a fresh 3-day low. It was trading at…

Cryptocurrency prices today: Bitcoin just above $57,000, Ether rises sharply

The cryptocurrency market has witnessed a burst of volatility over the past 24 hours as popular virtual coins struggled to find support. However, most small cryptocurrencies rose sharply after a short period of volatility on Wednesday. Bitcoin, the world’s most popular cryptocurrency, was trading at $57,199 or 0.81…

FM Nirmala Sitharaman shares crucial update on cryptocurrency bill. Check details

Finance Minister Nirmala Sitharaman shared a crucial update about the government’s new cryptocurrency bill on Tuesday. Speaking in Parliament, the finance minister said the government will be coming up with a completely reworked bill on cryptocurrencies once it gets cabinet clearance, adding that the previous bill…

Cryptocurrency prices today: Bitcoin dips after minor pullback, Ether rises slightly

Most cryptocurrencies dipped over the past 24 hours as the world’s most popular cryptocurrency, Bitcoin, slumped over 3 per cent after inching closer to $59,000. Bitcoin was trading at $56,499 or 1.73 per cent lower than its price 24 hours ago at 12:25 pm. The popular cryptocurrency’s market capitalisation fell to…

Some cryptocurrency firms in India see dip in new customer sign-ups

Indian cryptocurrency exchanges have witnessed a drop in the number of new individuals signing up on their platforms in light of the new cryptocurrency bill, which will be tabled during the Winter Session of Parliament. Potential cryptocurrency investors are staying put at the moment, due to a growing buzz that the…

Omicron cryptocurrency spikes over 900 pct in 2 days even as new Covid-19 variant hits Bitcoin prices

Arelatively unknown cryptocurrency called Omicron (OMIC), which coincidently shares its name with the new Covid-19 variant, has spiked more than 900 per cent over the last 48 hours. Omicron’s OMIC token hit an all-time high of $689 on Monday morning, once again reminding us how weird crypto market and trading can be.…

No proposal to recognise Bitcoin as currency in India: Govt

The government has come out with a statement saying it has not made any proposal to recognise Bitcoin, the most popular cryptocurrency in the world, as a legal currency in India. The Ministry of Finance’s written reply was in response to a question asked in Parliament during the first day of the Winter Session. The…

Cryptocurrency prices today: Bitcoin, Ether rise sharply as virtual coin market gains momentum

Cryptocurrency prices shot up over the past 24 hours as the market gained momentum, following a sharp selloff due to concerns over the new Omnicron variant of coronavirus. Bitcoin, the world’s most popular cryptocurrency, was trading at 57,464.33 or 5.70 per cent higher than its price 24 hours ago at 11:55 am. The…

Kazakhstan is facing power shortages due to cryptocurrency mining

Immense energy consumption in the Central Asian nation of Kazakhstan has been attributed to cryptocurrency mining operations, especially in massive computer farms. Kazakhstan is now experiencing power shortages with cryptocurrency winning partly to blame. According to reports the local Kazak electrical grid operator…

Cryptocurrency prices today: Bitcoin, Ether rise but overall market remains under pressure

The global cryptocurrency market continues to remain under pressure due to low trading activity and volatility over the past 24 hours. Bitcoin, the world’s most popular cryptocurrency, was trading at $57,591 or 0.43 per cent lower than its value 24 hours ago at 12:30 pm. Bitcoin’s market capitalisation rose to…