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MicroStrategy Secures Nasdaq-100 Inclusion After Bitcoin-Fuelled Stock Surge
MicroStrategy, an aggressive investor in the world's largest crypto asset, has seen its shares soar more than six-fold this year, taking its market value to almost $94 billion (roughly Rs. 7,97,387 crore).
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Crypto Trading Volumes on Centralised Exchanges Reportedly Falling Due to Market Volatility
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 price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.
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Businessman Raj Kundra's Cryptic Post After Assets Worth Crores Seized
Businessman Raj Kundra shared a cryptic post about staying calm late last night after the Enforcement Directorate (ED) seized his assets worth Rs 97.79 crore in a probe linked to a Bitcoin ponzi scam.
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Bitcoin Surges Past $68,000, Approaching All-Time High
Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.
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Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
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US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday.
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Coinbase Secures US Cryptocurrency Futures Trading Approval: All Details
Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...
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Coinbase Shares Rise 13 Percent After Cboe Mentions Crypto Exchange in Bitcoin ETF Application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund.
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Dubai Set to Host World’s First ‘Bitcoin Tower’, Developer Shares Intricate Details
As a tribute to Bitcoin from Dubai, Salvatore Leggiero, the real estate developer, has begun work on creating the world’s first Bitcoin Tower. The 40-storey hotel property will keep blockchain-based technologies like crypto and NFTs at the centre of its day-to-day operations.
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Crypto Lender Silvergate's Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout
Shares of cryptocurrency lender Silvergate Capital slumped 20 percent in premarket trading on Thursday, after the firm warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
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BlockFi Files for Bankruptcy in the US, Cites Exposure to FTX Amid Crypto Meltdown
BlockFi on Monday filed for Chapter 11 bankruptcy protection in the US, as the crypto lender said it was exposed to FTX's collapse earlier this month. The lender also sued a holding company for former FTX CEO Sam Bankman-Fried, seeking to recover shares in Robinhood. Debtors do not face the myriad issues apparently facing FTX, despite exposure to t...
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Bitcoin, Ether Share Bearish Outlook Despite Widespread Meltdown After FTX Collapse
Bitcoin's price is slightly bullish today, but there is not much change in the overall price in comparison to last week. The market has only slightly retraced and corrected itself after getting exhausted by the bears in the last 24 hours.
-
El Salvador’s Secrecy Around BTC-Related Info Raises Suspicions, Details Here
El Salvador’s state bank BANDESAL has refused to share details of the country’s current BTC holdings. The information was requested by ALAC El Salvador — a non-governmental anti-corruption bureau. El Salvador’s secrecy around its BTC possessions could be a way to shield its government from criticism for exposing its public to major financia...
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Ethereum Soars Ahead of Upcoming ‘Merge’ Blockchain Upgrade to Energy-Efficient System
Ethereum is set to receive a massive upgrade in September, as the blockchain’s cryptography is set to switch to a more energy-efficient system. Ether has seen six consecutive weeks of gains, pushing it up from a 1 to 1.5-year low of $880 (roughly Rs. 69,800) in mid-June to levels closing in on $2,000 (roughly Rs. 1.58 lakh). Bitcoin has paled in ...
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Coinbase Posts Quarterly Loss as Crypto Market Turmoil Hits Trading Volumes
Coinbase reported a larger-than-expected quarterly loss as investors worried by this year's rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6 percent after the bell on Tuesday.
-
MicroStrategy Secures Nasdaq-100 Inclusion After Bitcoin-Fuelled Stock Surge
MicroStrategy, an aggressive investor in the world's largest crypto asset, has seen its shares soar more than six-fold this year, taking its market value to almost $94 billion (roughly Rs. 7,97,387 crore).
-
Crypto Trading Volumes on Centralised Exchanges Reportedly Falling Due to Market Volatility
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 price, launch of ETFs, and the selling pressure from Germany’s BTC offloading, have emerged as contributors that lowered trading volumes of cryptocurrencies, as per CCData.
-
Businessman Raj Kundra's Cryptic Post After Assets Worth Crores Seized
Businessman Raj Kundra shared a cryptic post about staying calm late last night after the Enforcement Directorate (ED) seized his assets worth Rs 97.79 crore in a probe linked to a Bitcoin ponzi scam.
-
Bitcoin Surges Past $68,000, Approaching All-Time High
Bitcoin was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.
-
Bitwise Says Its Bitcoin ETF Collected Highest Inflow on First Trading Day
Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. On the first day of trading, $4.6 billion (roughly Rs. 38,100 crore) worth of shares changed hands across all the products, according to LSE...
-
US Bitcoin ETFs See $4.6 Billion in Volume in First Day of Trading, Grayscale and BlackRock Dominate
US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the U.S. securities regulator on Wednesday.
-
Coinbase Secures US Cryptocurrency Futures Trading Approval: All Details
Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...
-
Coinbase Shares Rise 13 Percent After Cboe Mentions Crypto Exchange in Bitcoin ETF Application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund.
-
Dubai Set to Host World’s First ‘Bitcoin Tower’, Developer Shares Intricate Details
As a tribute to Bitcoin from Dubai, Salvatore Leggiero, the real estate developer, has begun work on creating the world’s first Bitcoin Tower. The 40-storey hotel property will keep blockchain-based technologies like crypto and NFTs at the centre of its day-to-day operations.
-
Crypto Lender Silvergate's Shares Slumps 29 Percent as Firm Delays Annual Report in Wake of FTX Fallout
Shares of cryptocurrency lender Silvergate Capital slumped 20 percent in premarket trading on Thursday, after the firm warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
-
BlockFi Files for Bankruptcy in the US, Cites Exposure to FTX Amid Crypto Meltdown
BlockFi on Monday filed for Chapter 11 bankruptcy protection in the US, as the crypto lender said it was exposed to FTX's collapse earlier this month. The lender also sued a holding company for former FTX CEO Sam Bankman-Fried, seeking to recover shares in Robinhood. Debtors do not face the myriad issues apparently facing FTX, despite exposure to t...
-
Bitcoin, Ether Share Bearish Outlook Despite Widespread Meltdown After FTX Collapse
Bitcoin's price is slightly bullish today, but there is not much change in the overall price in comparison to last week. The market has only slightly retraced and corrected itself after getting exhausted by the bears in the last 24 hours.
-
El Salvador’s Secrecy Around BTC-Related Info Raises Suspicions, Details Here
El Salvador’s state bank BANDESAL has refused to share details of the country’s current BTC holdings. The information was requested by ALAC El Salvador — a non-governmental anti-corruption bureau. El Salvador’s secrecy around its BTC possessions could be a way to shield its government from criticism for exposing its public to major financia...
-
Ethereum Soars Ahead of Upcoming ‘Merge’ Blockchain Upgrade to Energy-Efficient System
Ethereum is set to receive a massive upgrade in September, as the blockchain’s cryptography is set to switch to a more energy-efficient system. Ether has seen six consecutive weeks of gains, pushing it up from a 1 to 1.5-year low of $880 (roughly Rs. 69,800) in mid-June to levels closing in on $2,000 (roughly Rs. 1.58 lakh). Bitcoin has paled in ...
-
Coinbase Posts Quarterly Loss as Crypto Market Turmoil Hits Trading Volumes
Coinbase reported a larger-than-expected quarterly loss as investors worried by this year's rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6 percent after the bell on Tuesday.
