Crypto Market Watch: Bitcoin, Ether Mint Miniscule Gains, Majority Popular Altcoins Trade in Profits

Crypto Market Watch: Bitcoin, Ether Mint Miniscule Gains, Majority Popular Altcoins Trade in Profits

Bitcoin minted a small gain of 0.52 percent to trade at $26,938 (roughly Rs. 22 lakh) on Friday, June 2. In the last 24 hours, the value of Bitcoin dropped by $172 (roughly Rs. 14,170) on both national as well as international exchanges. BTC witnessed a remarkable surge in mid-April,…

Crypto Market Watch: Bitcoin, Ether See Minor Losses in Volatile Market; Stablecoins Stay Resilient

Crypto Market Watch: Bitcoin, Ether See Minor Losses in Volatile Market; Stablecoins Stay Resilient

The crypto market has remained consistently volatile for some days now, pushing most cryptocurrencies under the sector current. Bitcoin on Wednesday, May 31, saw a loss of 0.62 percent to trade at $27,623 (roughly Rs. 22.8 lakh). This range-bound movement from Bitcoin has remained slow for the last two weeks…

Crypto Market Watch: Bitcoin Trades Above $27,800 With Profits; Ether, Most Altcoins Show Recovery

Crypto Market Watch: Bitcoin Trades Above $27,800 With Profits; Ether, Most Altcoins Show Recovery

The crypto price chart, most of which looked red around last Friday, May 26, showed recoveries for most cryptocurrencies on Monday, May 29. Bitcoin, for starters, minted a small profit of 2.43 percent to trade at the price point of $27,856 (roughly Rs. 23 lakh) on both national as well…

Blockchain.com CEO Says US Debt Default Would Hit Cryptocurrencies Initially

Blockchain.com CEO Says US Debt Default Would Hit Cryptocurrencies Initially

A US government default would trigger an initial pull-back from cryptocurrencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The US government could fall behind on its bills next month – and even default on its debt – if Congress does not raise…

Crypto Market Watch: Bitcoin, Ether Remain Sluggish Despite Small Gains; Losses Strike Stablecoins

Crypto Market Watch: Bitcoin, Ether Remain Sluggish Despite Small Gains; Losses Strike Stablecoins

Bitcoin registered a small gain of 0.7 percent on Friday, April 26. The most expensive cryptocurrency is trading at the price point of $26,421 (roughly Rs. 21.8 lakh), marking one of its lowest trading values in at least two months on both national as well as international exchanges. The leading…

Tether Says It Will Use 15 Percent of Its Profits to Buy Bitcoin; Aims to Diversify Reserves

Tether Says It Will Use 15 Percent of Its Profits to Buy Bitcoin; Aims to Diversify Reserves

Most investments coming to cryptocurrencies are aimed at diversifying the financial portfolios of individual as well as institutional investors. Tether has become the latest company from the Web3 world to have decided to invest some of its business profits into purchasing cryptocurrencies to strengthen and diversify its reserves. The issuer…

Bitcoin Trades at Over $27,000, Ether Joins Majority Altcoins in Registering Profits

Bitcoin Trades at Over $27,000, Ether Joins Majority Altcoins in Registering Profits

Majority cryptocurrencies managed to record small profits on the crypto charts on Wednesday, May 17. Bitcoin did manage to maintain its value above the mark of $27,180 on Wednesday, after days of trading lowly on both, national as well as international exchanges. With a miniscule gain of 0.50 percent, Bitcoin…

Cyber Alert Issued Against ‘Royal’ Ransomware Virus That Targets Key Sectors, Seeks Bitcoin Payoffs

Cyber Alert Issued Against ‘Royal’ Ransomware Virus That Targets Key Sectors, Seeks Bitcoin Payoffs

The Indian cyber security agency has issued a warning against the “Royal ransomware” virus that attacks critical sectors like communications, healthcare, education, and even individuals and seeks pay-off in Bitcoins for not leaking personal data in the public domain. The Indian Computer Emergency Response Team or CERT-In has stated in…

Bitcoin Loses $30,000 Pricing Over Weekend; Ether Joins Most Altcoins in Recording Dips

Bitcoin Loses $30,000 Pricing Over Weekend; Ether Joins Most Altcoins in Recording Dips

Bitcoin touched its highest price point of over $30,000 (roughly Rs. 24.5 lakh) for the first time in around eight months in April. Stepping into May, the most expensive cryptocurrency did, however, record losses. The trading value of Bitcoin on Monday, May 1, stood at $28,560 (roughly Rs. 23.3 lakh)…