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 ,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…

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

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)…

Bitcoin Inches Close to ,000 Mark After Four-Day Slump, Crypto Chart Shows More Gains Than Losses

Bitcoin Inches Close to $30,000 Mark After Four-Day Slump, Crypto Chart Shows More Gains Than Losses

Bitcoin, that stepped into the last week of April with lower prices, managed to bounce back to recovery after four days of losing ground. The cryptocurrency on Friday, April 28, recorded a gain of 1.22 percent to trade at $29,410 (roughly Rs. 24 lakh) on both, national as well as…

Bitcoin, Ethereum Prices Fall as Increase in Selling Pressure Causes Drop in Values of Most Cryptocurrencies

Bitcoin, Ethereum Prices Fall as Increase in Selling Pressure Causes Drop in Values of Most Cryptocurrencies

Bitcoin price in India and international markets dropped on Friday, after days of seeing its value rise. Industry experts say that at present, the selling pressure on investors has increased, triggering a period of volatility for crypto assets. On Friday, the world’s most popular cryptocurrency opened with a loss of…

Indian Automobile Tycoon Anand Mahindra Hints at Considering Bitcoin Payments for Cars

Indian Automobile Tycoon Anand Mahindra Hints at Considering Bitcoin Payments for Cars

Bitcoin, the most expensive cryptocurrency to ever exist, could soon become a car payment option in India. Anand Mahindra, the chairperson of Mahindra and Mahindra, has hinted in a tweet at a future where the crypto asset could come in handy to purchase a car from the company. An Indian…