CRYPTOCURRENCY
Bitcoin drops below $30,000 level as head-turning rally stalls
The world’s largest cryptocurrency dropped as low as $29,327 as of 8:29 a.m. in Hong Kong on Friday, after a slide of almost 11 per cent a day earlier.
Bitcoin slides below $35,000 as crypto mania loses momentum
Analysts have pointed to $40,000 as the key level that Bitcoin needs to surpass i...
After dizzying gyrations, what's Bitcoin really worth?
The virtual currency barrelled to new highs to rise more than 400% over the past year,...
Bitcoin claws back most of losses from this week’s swift plunge
The world’s largest cryptocurrency jumped as much as 7.5% to briefly top $40,000 again on Thursday, with crypto peers like Ether, Bitcoin Cash and Litecoin also rising.
India getting infatuated with Bitcoin, says top cryptocurrency exchange
Wazir X currently boasts over a million user accounts in India, up from 550,000 in June. The exchange says 70 per cent of these users are aged less than 34.
Bitcoin is unlike any other bubble we’ve seen so far
Man Group, the world’s biggest publicly traded hedge fund firm, compares Bitcoin to Prometheus in Greek mythology, whose liver keeps growing back, every time a giant eagle pecked it out.
Lost passwords lock millionaires out of their Bitcoin fortunes
Bitcoin, which has been on an extraordinary and volatile eight-month run, has made a lot of its holders very rich in a short period of time, even as the coronavirus pandemic has ravaged the world economy. But the cryptocurrency’s unusual nature has also meant that many people are locked out of their Bitcoin fortunes as a result of lost or forgotten keys.
Bitcoin snaps slide while leaving everyone in dark on true worth
The digital coin rose as much as 8% to about $36,600, but the move higher pales compared to the gyrations that took Bitcoin to an all-time high of nearly $42,000 on Jan. 8 before a precipitous slump over Sunday and Monday.
Two-day bitcoin plunge shakes faith in cryptocurrency boom
Bitcoin, the largest cryptocurrency, slid as much as 18 per cent over Sunday and Monday to as low as about $33,500.
Cancel your weekends! Bitcoin doesn't rest, and neither can you
Its 10% single-day jump was one of several weekend and public holiday price surges that helped the cryptocurrency soar by two-thirds from the start of December to early January.
Bitcoin’s wild weekends turn efficient market theory inside out
Coming off a 300 per cent gain last year, the world’s largest digital coin rose as much as 14 per cent Jan. 2 and another 10 per cent Jan. 3, a period when most of Wall Street was still in holiday mode.
Bitcoin tops $35,000 for fresh records as wild swings resume
A range of factors have been cited for Bitcoin’s ascent, showing how hard it is to pinpoint the proximate cause for the latest bout of volatility.
Can a SIP make cryptocurrencies less risky for Indian investors?
Trading platforms working to overhaul image of the new-age asset
Bitcoin hits new record, set for biggest monthly gain since 2019
The digital asset surged above $28,000 Wednesday to a record high, adding to its 47 per cent rally so far in December.
Bitcoin crushes doubters as 224% rally proves it’s here to stay
Like Monty Python’s Black Knight, Bitcoin believers treat near-fatal volatility as mere flesh wounds. Drops of 80% are welcomed as fortuitous buying opportunities.
