The first U.S. exchange-traded funds (ETFs) tied to the price of ether, the world’s second-largest cryptocurrency after bitcoin, are due to begin trading on Tuesday, in another watershed event for the crypto industry’s push to go mainstream. Ether ETFs from VanEck, Franklin Templeton, Fidelity, 21Shares and Invesco will begin trading…
Bitcoin became the beneficiary of the ongoing political drama unfolding in the US. After current US President Joe Biden dropped out of the upcoming Presidential race against Donald Trump over the weekend, Bitcoin surged to the price point of $68,007 (roughly Rs. 56.8 lakh) on international exchanges. This is the…
The crypto market recorded a minor slip in terms of pricing over the last 24 hours. While most cryptocurrencies recorded price fluctuations on international exchanges on Friday, July 19, Indian exchanges showed notable price declines following the security breach of one of WazirX’s multi-signature wallets. Bitcoin, for instance, is trading…
Centralised exchanges around the world are witnessing an ongoing decline in crypto trading volumes in the last three months. As per information shared by data provider CCData, June saw a monthly decline of 21.8 percent in trading volumes of digital assets. Several macro-economic factors, including the recent slump in Bitcoin’s…
Bitcoin surged to a two-week high on Monday after the attempted assassination of presidential candidate Donald Trump raised the odds of the former president, who has presented himself as a champion of cryptocurrency, winning the upcoming election. Trump said he was shot in the ear during the attack at a rally in Pennsylvania on Saturday. His…
Bitcoin saw a strong recovery on Monday, after the currency hit a slump in market momentum last week owing to macro-economic conditions that imposed selling pressure on investors. At present, Bitcoin is trading at $62,796 (roughly Rs. 52.4 lakh) after seeing a price rise of 4.82 percent over the last…
The crypto market is undergoing a period of price correction because of multiple macro-economic factors that are bringing volatility in the market. On Wednesday, July 10, Bitcoin showed a gain of over two percent, taking its value to $59,304 (roughly Rs. 49.5 lakh) on international exchanges like CoinMarketCap. On Indian…
Bitcoin price dropped to $55,160 (roughly Rs. 46 lakh) on international exchanges like CoinMarketCap on Monday, months after it hit an all-time high of $73,750 (roughly Rs. 61.5 lakh). On foreign exchanges, BTC slipped by 4.09 percent in its price in the last 24 hours, while on Indian exchanges like…
Bitcoin on Friday, July 5, recorded a drop of 8.15 percent over the last 24 hours. The value of Bitcoin presently stands at $54,300 (roughly Rs. 45.3 lakh) on international exchanges like CoinMarketCap. This records a drop of $6,527 from the price of $60,827 (roughly Rs. 50.7 lakh) that BTC…
The crypto sector doesn’t seem to be getting any respite, with most cryptocurrencies consistently showing losses on the price charts. Bitcoin showed a price decline of around 1.37 percent on Wednesday, July 3. On foreign exchanges like CoinMarketCap, BTC is trading at $60,827 (roughly Rs. 50.7 lakh) — down by…
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