Bitcoin Crash
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Cryptocurrencies Show Signs of Recovery Months After Big Crash as Bitcoin, Ether Return Along With a Bonk
Bitcoin has recorded a 26 percent gain so far in January, as the world's most popular cryptocurrency makes a sharp recovery from the global crypto meltdown that began in October 2022. Amid a rise in the value of cryptocurrencies, Bonk, a memecoin launched at the end of December on the Solana blockchain, rocketed 5,000 percent by early January.
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FTX Collapse: Global Regulators Set to Target Crypto Sector After Major Platform Crashes
FTX's collapse has galvanised regulators globally who are set to target the crypto sector and 'conglomerate' platforms in 2023, according to IOSCO Chairperson Jean-Paul Servais. Crypto assets like Bitcoin have been around for years but regulators have resisted jumping in to write new rules, but the implosion at FTX, which left an estimated one mill...
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Global Regulators To Target Crypto Exchanges After FTX Crash
The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview.
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Bitcoin Momentum Drops Off to Settle Value Around $20,300 as Investors Look to Book Profits
Major crypto tokens slipped on Friday on some profit booking after a strong rally in the last few days. Bitcoin was above the $20,000 (roughly Rs. 16.49 crore) level, whereas Ethereum managed to hold $1,500 (roughly Rs. 1.23 lakh).
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Bitcoin Fails to Clear $20,000 Mark as Crypto Prices Reverse Tuesday's Gains
After a strong push above $20,000 (roughly Rs. 16.29 crore) on Tuesday, Bitcoin has failed to hold those levels and crashed once again. Along with Bitcoin, the broader crypto market is experiencing strong turbulence and volatility with trading volumes shooting up significantly.
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Bitcoin Corrects to $22,500 as Bear Market Claws Its Way Back to Begin the Month
Cryptocurrency prices had an extraordinary 2021, but have crashed in 2022. But with Bitcoin posting its biggest monthly percentage price gain this year in July, we could see a positive month ahead for the wider crypto market.
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Recent Crypto Crash Has Hit These Companies The Hardest
Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world's largest digital asset, bitcoin, down more than 56% from this years high. Several crypto companies have filed for bankruptcy or have been forced to look for emergency capital infusions.
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US States Shelve Plans To Accept Bitcoin Tax Payments Amid Crypto Crash
Two US states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else in the wake of the crash that has erased hundreds of billions of dollars worth of digital assets.
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Cryptoverse: With NFT Market Moving Towards Collapse, Experts Weigh What Lies Ahead
The NFT market has plunged down in recent months. Monthly sales volume on the largest NFT marketplace, OpenSea, fell down to $700 million (nearly Rs. 5,500 crore) in June. The average NFT sale sunk to $412 (nearly Rs. 32,700), from $1,754 (nearly Rs. 1,39,200)Â at the end of April, according to NonFungible.com.
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India’s Cryptocurrency Position Said to Be Vindicated Amid Global Crypto Market Downturn
India has taken a conservative position on cryptocurrency, and the government’s decision is said to be vindicated by the ongoing global cryptocurrency market meltdown. To dampen crypto trading, a one percent tax deducted at source (TDS) on crypto transactions was introduced on July 1, following a 30 percent capital gains tax on all transactions t...
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Crypto Crash Threatens North Korea's Stolen Funds as It Ramps Up Weapons Tests
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.
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Bitcoin Miners Sell Their Holdings Amid Crypto's Crashing Market, Tumbling Value: Report
Bitcoin miners are reportedly selling off their holdings as a plunge in prices, rising energy costs and increased competition bite into profitability. According to analyst Jaran Mellerud, the plummeting profitability of mining forced these miners to increase their selling rate to more than 100 percent of their output in May, with conditions getting...
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Cryptos' Current Bear Cycle Is The Worst Ever: Blockchain Analytics Firm Glassnode
June saw the price of Bitcoin below the $20,000 mark multiple times
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Bitcoin Crashes Below $20,000 For The First Time Since 2020
Bitcoin dropped below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening.
-
BTC, ETH, BNB Down: Lessons To Be Learned From Recent Crypto Crash
At this point, when the global economic situation is facing recession-like circumstances, investors are running lowly on their risk appetite. With valuable assets like Bitcoin, Ether, and Cardano struggling with losses, investors are running lowly on their risk appetite. Crashes of Terra and Celsius networks also instilled fear among investors. He...
-
Cryptocurrencies Show Signs of Recovery Months After Big Crash as Bitcoin, Ether Return Along With a Bonk
Bitcoin has recorded a 26 percent gain so far in January, as the world's most popular cryptocurrency makes a sharp recovery from the global crypto meltdown that began in October 2022. Amid a rise in the value of cryptocurrencies, Bonk, a memecoin launched at the end of December on the Solana blockchain, rocketed 5,000 percent by early January.
-
FTX Collapse: Global Regulators Set to Target Crypto Sector After Major Platform Crashes
FTX's collapse has galvanised regulators globally who are set to target the crypto sector and 'conglomerate' platforms in 2023, according to IOSCO Chairperson Jean-Paul Servais. Crypto assets like Bitcoin have been around for years but regulators have resisted jumping in to write new rules, but the implosion at FTX, which left an estimated one mill...
-
Global Regulators To Target Crypto Exchanges After FTX Crash
The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview.
-
Bitcoin Momentum Drops Off to Settle Value Around $20,300 as Investors Look to Book Profits
Major crypto tokens slipped on Friday on some profit booking after a strong rally in the last few days. Bitcoin was above the $20,000 (roughly Rs. 16.49 crore) level, whereas Ethereum managed to hold $1,500 (roughly Rs. 1.23 lakh).
-
Bitcoin Fails to Clear $20,000 Mark as Crypto Prices Reverse Tuesday's Gains
After a strong push above $20,000 (roughly Rs. 16.29 crore) on Tuesday, Bitcoin has failed to hold those levels and crashed once again. Along with Bitcoin, the broader crypto market is experiencing strong turbulence and volatility with trading volumes shooting up significantly.
-
Bitcoin Corrects to $22,500 as Bear Market Claws Its Way Back to Begin the Month
Cryptocurrency prices had an extraordinary 2021, but have crashed in 2022. But with Bitcoin posting its biggest monthly percentage price gain this year in July, we could see a positive month ahead for the wider crypto market.
-
Recent Crypto Crash Has Hit These Companies The Hardest
Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world's largest digital asset, bitcoin, down more than 56% from this years high. Several crypto companies have filed for bankruptcy or have been forced to look for emergency capital infusions.
-
US States Shelve Plans To Accept Bitcoin Tax Payments Amid Crypto Crash
Two US states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else in the wake of the crash that has erased hundreds of billions of dollars worth of digital assets.
-
Cryptoverse: With NFT Market Moving Towards Collapse, Experts Weigh What Lies Ahead
The NFT market has plunged down in recent months. Monthly sales volume on the largest NFT marketplace, OpenSea, fell down to $700 million (nearly Rs. 5,500 crore) in June. The average NFT sale sunk to $412 (nearly Rs. 32,700), from $1,754 (nearly Rs. 1,39,200)Â at the end of April, according to NonFungible.com.
-
India’s Cryptocurrency Position Said to Be Vindicated Amid Global Crypto Market Downturn
India has taken a conservative position on cryptocurrency, and the government’s decision is said to be vindicated by the ongoing global cryptocurrency market meltdown. To dampen crypto trading, a one percent tax deducted at source (TDS) on crypto transactions was introduced on July 1, following a 30 percent capital gains tax on all transactions t...
-
Crypto Crash Threatens North Korea's Stolen Funds as It Ramps Up Weapons Tests
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.
-
Bitcoin Miners Sell Their Holdings Amid Crypto's Crashing Market, Tumbling Value: Report
Bitcoin miners are reportedly selling off their holdings as a plunge in prices, rising energy costs and increased competition bite into profitability. According to analyst Jaran Mellerud, the plummeting profitability of mining forced these miners to increase their selling rate to more than 100 percent of their output in May, with conditions getting...
-
Cryptos' Current Bear Cycle Is The Worst Ever: Blockchain Analytics Firm Glassnode
June saw the price of Bitcoin below the $20,000 mark multiple times
-
Bitcoin Crashes Below $20,000 For The First Time Since 2020
Bitcoin dropped below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening.
-
BTC, ETH, BNB Down: Lessons To Be Learned From Recent Crypto Crash
At this point, when the global economic situation is facing recession-like circumstances, investors are running lowly on their risk appetite. With valuable assets like Bitcoin, Ether, and Cardano struggling with losses, investors are running lowly on their risk appetite. Crashes of Terra and Celsius networks also instilled fear among investors. He...
