Dogecoin Rises as Second Largest PoW Cryptocurrency Following Ethereum Merge Arrival

Dogecoin Rises as Second Largest PoW Cryptocurrency Following Ethereum Merge Arrival

Dogecoin, the meme-based cryptocurrency that was formed as a joke in 2013, today stands as the second-largest proof-of-work (PoW) cryptocurrency after Bitcoin. The development comes a day after the Ethereum blockchain completed its transition to the energy-efficient proof-of-stake (PoS) mining model from its previous power-intensive PoW mechanism. Ethereum’s native cryptocurrency,…

Dogecoin Pyramid Scheme: More Parties Hop Onboard 8 Billion Lawsuit against Elon Musk

Dogecoin Pyramid Scheme: More Parties Hop Onboard $258 Billion Lawsuit against Elon Musk

Elon Musk is facing a lawsuit that alleges that the multi-billionaire has promoted a pyramid scheme around Dogecoin promotions. Seven new investor plaintiffs and six new defendants have joined the investigation, expanding the case. This time, Musk’s tunnel construction business Boring Co. has also joined the case as a defendant….

Bitcoin Hovers Below ,000 While Ether Continues to Add to Its Price Before the Merge

Bitcoin Hovers Below $20,000 While Ether Continues to Add to Its Price Before the Merge

Bitcoin, the world’s largest cryptocurrency by market capitalisation, led other crypto assets in go-slow mode after losing over 4 percent in value over the weekend. However, things have begun looking better to begin the week already. The value of Bitcoin has witnessed a minor climb over the last day by…

BTC, ETH Open With Losses, Crypto Market Cap Slips Below Trillion Dollar Mark

BTC, ETH Open With Losses, Crypto Market Cap Slips Below Trillion Dollar Mark

The month of August elevated the base prices of several cryptocurrencies, however, majority cryptocurrencies saw losses as the month inches closer to its end. Bitcoin on Monday, August 29, opened with a minor price loss of 0.74 percent. As per Indian exchange CoinSwitch Kuber, BTC is currently trading at $19,808…

Bitcoin Hovers Below ,000 While Ether Continues to Add to Its Price Before the Merge

Bitcoin’s Retraces to $21,000 After Friday’s Deep Price Plunge Shakes Up Market

Cryptocurrencies exhaled over the weekend after Friday’s steep price plunge as investors continued to chew over the latest inflation data and ongoing macroeconomic uncertainty. The value of Bitcoin has witnessed a 1.25 percent rise in the last 24 hours with its price now right below the $21,500 (roughly Rs. 17.17…

Bitcoin, Most Cryptocurrencies Bounce to Recovery, Stablecoins See Small Dips

Bitcoin, Most Cryptocurrencies Bounce to Recovery, Stablecoins See Small Dips

Bitcoin on Wednesday, August 3, opened with small losses. As per Indian exchange CoinSwitch Kuber, Bitcoin values hovered around $24,290 (roughly Rs. 19 lakh) after incurring a loss of 1.36 percent. On international exchanges, BTC recorded price fluctuations of about 0.13 percent to trade around the mark of $22,885 (roughly…

BTC, ETH Retain Pumped Prices Despite Minor Dips as Crypto Chart Reflects More Reds than Greens

BTC, ETH Retain Pumped Prices Despite Minor Dips as Crypto Chart Reflects More Reds than Greens

These last days of July are turning out to be quite the roller-coaster ride for cryptocurrencies, price-wise. After seeing profits almost consecutively in the recent days, the crypto chart showed losses for most crypto assets on Tuesday, July 26. Bitcoin dipped by over three percent to trade at $22,624 (roughly…

Bitcoin Prices Hover Around ,500, Majority Altcoins Swell Up With Profits

Bitcoin Prices Hover Around $23,500, Majority Altcoins Swell Up With Profits

For the second consecutive day this week, the crypto price charts recorded more profits than losses. On Friday, July 22, Bitcoin opened trading with gains of over two percent. According to Indian exchange CoinSwitch Kuber, BTC is currently priced $23,757 (roughly Rs. 19 lakh). The reigning coin of the crypto…

Bitcoin, Ether Rise Again Pulling Up Majority Altcoins, Stablecoins See Dips

Bitcoin, Ether Rise Again Pulling Up Majority Altcoins, Stablecoins See Dips

Bitcoin opened with gains on Thursday, July 14, days after being burdened with losses. The oldest cryptocurrency opened trading at $20,993 (roughly Rs. 16.70 lakh) after gaining profits by 2.33 percent on Indian exchange CoinSwitch Kuber. Even bigger gains rained over Bitcoin on international exchanges. On Binance and Coinbase for…