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Bitcoin and ether tumbled to multi-month lows on Friday as investors pulled back from riskier assets amid concerns over stretched tech valuations and fading expectations of near-term US rate cuts, Reuters reported. Bitcoin, the world’s largest cryptocurrency, dropped 5.5% to a seven-month low of $81,668, while ether slid more than 6% to $2,661.37, hitting a…
The US stock market opened higher on Friday, with the S&P 500 rising 0.4 per cent, the Dow Jones Industrial Average adding 242 points, and the Nasdaq composite advancing 0.5 per cent, following what was described as one of the most volatile sessions since April. The modest rebound came a day after markets rallied early…
Bitcoin slipped below the $90,000 mark for the first time in seven months on Tuesday, signalling a sharp retreat in risk appetite across global markets. The world’s biggest cryptocurrency, which touched a record high above $126,000 in October, has now surrendered all its gains for 2025 and is down nearly 30 per cent from its…
Coinbase, the world’s largest Bitcoin exchange has announced its decision to leave Delaware and reincorporate in Texas, citing growing concerns over legal unpredictability and a more innovation friendly environment in the Lone Star State. This move made by Coinbase aligns the company with other tech and finance firms include Tesla and SpaceX that have exited…
China has accused the US government of conducting a 2020 cyberattack that resulted in the theft of more than $13 billion worth of Bitcoin. According to a report published over the weekend by China’s National Computer Virus Emergency Response Center (CVERC), Washington was behind the December 2020 hack that stole 127,272 Bitcoin from LuBian, one…
AI generated image for representation A woman who bought cryptocurrency with funds embezzled from thousands of Chinese pensioners has been sentenced in the UK to 11 years and eight months for money laundering. London police described the seizure as one of the world’s single largest crypto hauls. Qian Zhimin, 47, fled China after police began…
Bitcoin has slipped below the $100,000 mark for the first time since June, marking a fresh downturn driven by long-term holders cashing out rather than leveraged traders. The world’s largest cryptocurrency dropped as much as 7.4% on Tuesday, extending losses to over 20% from its record high a month ago. By Wednesday morning in New…
Bitcoin moved up to $112,493 following a brief fall under $110,000 on Wednesday, indicating careful market behaviour. Ethereum was trading at approximately $4,119, showing a 0.59% increase.At 10.26 am IST, Ethereum registered a 0.59% gain at $4,118. Several prominent cryptocurrencies including BNB, XRP, Dogecoin, Tron, Cardano, and Hyperliquid declined by over 3%, while Solana increased…
Image used for representative purposes Elon Musk once again put the spotlight on Bitcoin, this time in a social media exchange emphasizing the cryptocurrency’s connection to energy. Responding to a post by X user ‘zerohedge’, who argued that soaring gold, silver, and Bitcoin prices reflect the “debasement” used to fund the AI arms race, Musk…
Bitcoin soared to a new all-time high on Sunday, breaking past the $125,000 mark as safe-haven demand surged.The world’s largest cryptocurrency reached $125,689 in Asia, driven by investor concerns over the US government shutdown. The cryptocurrency smashed its previous record of $124,514 set on August 14, boosted by gains in US stocks and fresh inflows…
