Crypto exchanges hunker down after crash in prices
With token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on cryptocurrencies just around the corner, exchanges like Binance-backed WazirX have put expansion plans on the back burner
Top Cryptocurrency News Today: The biggest moves in Bitcoin, NFTs, DeFi and more
A daily round-up of the most interesting articles on cryptocurrencies like bitcoin, ethereum, and tether to help you jump-start the day
Cryptocurrency Prices Today June 24: Bitcoin trades around Rs 17 lakh; decision on crypto GST awaited
The officers committee on GST has suggested the GST Council to defer a decision on taxability of cryptocurrency and other virtual digital assets.
Cryptocurrency Prices Today June 23: Bitcoin and Ether flatline as Cardano biggest gainer
Bitcoin, which reached a record high of $69,000 in November, has lost more than half its value this year.
Bitcoin is leading indicator of stock-market Bottom, Mobius says
Worries about global recessionary risks have wiped out billions in Bitcoin’s market value, with the token crashing about 70% from its peak to trade near $20,000.
Mounting crypto liquidations make DeFi go to extremes
The record-setting rout in cryptocurrencies has put a slew of decentralized-finance applications and their communities in a race to protect themselves against a cascade of liquidations -- sometimes by employing unprecedented measures.
Top Crypto News Today: Biggest moves in crypto market
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day
Bitcoin, Ether bounce off lows after record-breaking rout
The largest digital token by market value tumbled as much as 15% to $17,599 on Saturday, marking a record-breaking 12th consecutive daily decline
Bitcoin drops below $20,000 to lowest since December 2020
The biggest cryptocurrency was down 7.1% to $18,993 at 0906 GMT, having earlier touched $18,732, its lowest since December 2020.
Bitcoin breaches $20,000 for the first time since 2020 on fiscal tightening
Bitcoin fell as much as 6 percent to $19,377.08 at 2:54 pm Hong Kong on Saturday. The largest token by market value has fallen for 12 straight days. Ether breached the $1,000 mark briefly and dropped to $999.86, the lowest since January 2021, before paring losses
Top Cryptocurrency News Today: Bitcoins and others in news
A daily round-up of the most interesting articles on cryptocurrencies to help you jump-start the day.
Cryptocurrency Prices Today June 17: Bitcoin down 8% as major cryptos witness bloodbath after US Fed rate hike
Major cryptocurrencies traded in the red early on June 17 as the global crypto market cap increased 6.88 per cent to $893.36 billion over the last day.
Cryptocurrency Prices Today June 16: Bitcoin trades over Rs 18 lakh, Cardano, Polkadot top gainers
Major cryptocurrencies traded in the green early on June 16 as the global crypto market cap increased 2.23 per cent to $966.22 billion over the last day.
Bitcoin veterans keeping their eyes on $19,511
Cryptocurrencies have tumbled this year, with prices of some digital assets falling as much as 90% as the Federal Reserve raises interest rates to combat rampant inflation.
How crypto lender Celsius stumbled on risky bank-like investments
Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital asset market in what analysts say was akin to a traditional bank run.
Crypto firms lay off hundreds of staff as coin values nosedive
Cryptocurrency prices have been falling in tandem with a broader market downturn, leaving crypto businesses, lenders, and traders reeling.
Coinbase to cut 1,100 jobs amid turmoil in crypto markets
Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions.
Storyboard18 | With no celebrity quotient, how can crypto brands change their ad strategy?
Given the inherent category challenges, crypto brands need to advertise with caution.
Cryptocurrency market value slumps under $1 trillion
According to data portal CoinMarketCap, the value of the cryptocurrency market went below $1 trillion for the first time since January 2021.
Fresh fall takes Bitcoin to $24,000, crypto market cap falls below $1 trillion
This comes after a blockbuster year for crypto trading as Indian exchanges onboarded millions of users by end of 2021.
Cryptocurrency Prices Today June 13: Bitcoin down over 7%, tests lowest level since December 2020
Bitcoin and other cryptocurrencies have suffered in recent months as the Federal Reserve hikes rates and global policy makers step up efforts to combat price increases, and as risk assets like tech stocks retreat.
DeFi loses 45% of value since April-end in fallout of Terra collapse
The Blockchain gaming category is resisting the crypto crash and adding investors. In May, Dapper Labs announced a $725 million fund to accelerate growth in the Flow ecosystem along with Andreessen Horowitz committing $4.5 billion to its Crypto Fund 4.
Income Tax website rectifies error, Government sticks to 1% TDS on virtual assets
The website earlier mentioned that the TDS rate for virtual digital assets has been dropped to 0.1% from 1% as announced earlier in the budget, according to the website Income Tax Department.
Cryptocurrency Prices Today June 08: Bitcoin, Ethereum inch higher; Cardano jumps over 5%
The total crypto market volume rose 3.49 percent to $84.24 billion over the last 24 hours.
How Influencers Hype Crypto, Without Disclosing Their Financial Ties
Crypto promoters could also run afoul of the Federal Trade Commission’s rules, which require marketers of all kinds to disclose when they have a financial stake in the projects they endorse.
