Cryptocurrencies fell sharply on Friday, with sudden selling dragging Bitcoin to a three-week low. Bitcoin fell as much as 7.7 percent to $21,404 (roughly Rs. 17,10,700) over a few minutes during the European morning, at around 0640 GMT. It recovered slightly then continued its downward trajectory to trade around $21,400 (roughly…
The cryptocurrency market is undergoing volatility in the backdrop of back-to-back hack attacks hitting the sector. Bitcoin on Tuesday, August 9, grew by 2.87 percent. As per Indian exchange CoinSwitch Kuber, BTC is currently trading at around $25,080 (roughly Rs. 20 lakh). The oldest cryptocurrency also saw minor hikes on…
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…
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…
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…
The announcement of the anticipated upgrade, The Merge, on the Ethereum network made positive impact on its native asset ETH as well as its staked derivative on Lido finance called staked Ether (stETH) and that has resulted in an increase in the number of whales too. Last Thursday, Ethereum Foundation…
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…
Hackers stole around 7,500 Ether, worth more than $8.1 million (roughly Rs. 64.45 crore), from decentralised exchange Uniswap via a phishing attack. Spotted by several users, including Binance’s threat intelligence department, the hacker managed to impersonate Uniswap’s website and dupe a liquidity pool provider into signing malicious transactions. Uniswap’s liquidity…
The cryptocurrency market, for the first time in weeks, opened with majority coins seeing profits on Friday, July 8. Bitcoin prices touched $22,230 (roughly Rs. 17.60 lakhs) after days of being stuck around the mark of $20,000 (roughly Rs. 16 lakh). As per Indian exchange CoinSwitch Kuber, BTC prices have…
Bitcoin tumbled to its weakest level in 18 months on Saturday before mounting somewhat of a recovery through Sunday although experts believe that another slide soon could be in the offing, extending a slide on investor worries about growing troubles in the industry and the general pull-back from riskier assets….
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