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  • Bitcoin carnage | Everything that happened in the cryptocurrency world this week May 23, 2021 06:26 PM IST

    Bitcoin carnage | Everything that happened in the cryptocurrency world this week

    On 16th May 2021, the global cryptocurrency market had a market capitalization of around $2.2 trillion. On Sunday, after seven days, it stands at around $1 trillion. The market stands in red, with all major cryptocurrencies trading at levels lower than their earlier prices.

  • Bitcoin falls 8.9% to $34,156 May 23, 2021 03:55 PM IST

    Bitcoin falls 8.9% to $34,156

    Bitcoin, the world's biggest and best-known cryptocurrency, is down 47.4 percent from this year's peak of $64,895.22 on April 14.

  • Elon Musk says he supports crypto in battle with fiat money May 22, 2021 09:48 PM IST

    Elon Musk says he supports crypto in battle with fiat money

    Musk has previously compared bitcoin to fiat money and often tweets about cryptocurrencies that have sent values for bitcoin and the meme digital currency dogecoin up and down.

  • This online game challenges you to spend Elon Musk's money in 30 seconds May 22, 2021 02:46 PM IST

    This online game challenges you to spend Elon Musk's money in 30 seconds

    The point of the game is to spend as much as you can of Musk's net worth in 30 seconds. Spoiler: You won't even make a dent in it!

  • Bitcoin Pizza Day 2021: Some interesting facts about this special cryptocurrency day May 22, 2021 12:50 PM IST

    Bitcoin Pizza Day 2021: Some interesting facts about this special cryptocurrency day

    On May 22, 2010, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas.

  • Moneycontrol Pro Weekender | Happy Bitcoin Pizza Day! May 22, 2021 11:03 AM IST

    Moneycontrol Pro Weekender | Happy Bitcoin Pizza Day!

    Cyrptocurrency, however, is far away from being used as regular money because of its wild swings

  • Here's why China intensified crackdown on cryptocurrencies despite being world's largest mining hub May 21, 2021 09:51 PM IST

    Here's why China intensified crackdown on cryptocurrencies despite being world's largest mining hub

    The news of China's crackdown had sent cryptocurrency prices tumbling, from $63,000 in mid-April to $39,000 on May 19.

  • Bitcoin tumbles after China says to crack down on mining, trading activities  May 21, 2021 09:50 PM IST

    Bitcoin tumbles after China says to crack down on mining, trading activities 

    The world’s largest and most popular cryptocurrency last traded down more than six percent at $38,293 after holding the $40,000 level for most of the Asian and London sessions.

  • Most popular cryptocurrency exchanges in India: Check out May 21, 2021 02:34 PM IST

    Most popular cryptocurrency exchanges in India: Check out

    CoinSwitch was founded in 2017 as a global aggregator of cryptocurrencies and in June 2020 it launched its Indian cryptocurrency exchange CoinSwitch Kuber.

  • Kevin O'Leary aka 'Mr Wonderful' says Ethereum is 'silver' while Bitcoin will always be 'Gold' May 21, 2021 02:27 PM IST

    Kevin O'Leary aka 'Mr Wonderful' says Ethereum is 'silver' while Bitcoin will always be 'Gold'

    Canadian business magnate Kevin O'Leary had reportedly announced in March that Bitcoin makes 3 percent of his portfolio although he has owned cryptocurrency including Ether and other digital coins, since 2017.

  • Bitcoin Crashed – China News or Hurst’s Time Cycles Working? May 21, 2021 12:17 PM IST

    Bitcoin Crashed – China News or Hurst’s Time Cycles Working?

    Going ahead the top made near 59250 levels will remain protected until 20th June and any rallies can be used as shorting opportunity as the cycles remain in “Sell Mode”

  • Is the carnage in cryptocurrency over or is it just a start? May 21, 2021 11:38 AM IST

    Is the carnage in cryptocurrency over or is it just a start?

    Cryptocurrencies in their current form cannot be considered as a store of wealth. The current price behaviour also negates the argument of their being a hedge against the market.

  • Ethereum creator Vitalik Buterin saw the crypto crash coming May 21, 2021 11:02 AM IST

    Ethereum creator Vitalik Buterin saw the crypto crash coming

    Vitalik Buterin says government regulation "is always a concern" and that it is important to listen to regulators and try to do the best to address their worries.

  • Paytm stops cryptocurrency transactions from today after banks cut exchanges like WazirX: Report May 21, 2021 09:58 AM IST

    Paytm stops cryptocurrency transactions from today after banks cut exchanges like WazirX: Report

    A number of crypto exchanges said Paytm is not the only payments service that has indicated their “intention to withdraw support”.

  • Paul Krugman: Technobabble, libertarian derp and Bitcoin May 21, 2021 09:20 AM IST

    Paul Krugman: Technobabble, libertarian derp and Bitcoin

    Gold suffers from a lot of the same problems as cryptocurrencies - you can't actually use it to buy anything.

  • NFT enthusiasts hold firm despite crypto price plunge May 20, 2021 09:44 PM IST

    NFT enthusiasts hold firm despite crypto price plunge

    Non-fungible tokens – a way of trading digital assets by recording their ownership status on blockchain – exploded in popularity in February and March this year, notching up hundreds of millions of dollars in sales.

  • Wild swings: Cryptocurrencies stage a sharp comeback; Bitcoin, Ethereum zoom over 15% May 20, 2021 08:48 PM IST

    Wild swings: Cryptocurrencies stage a sharp comeback; Bitcoin, Ethereum zoom over 15%

    A day after Bitcoin plunged by over 30 percent, the digital currency rose by 19.33 percent to $42,107.19 on May 20, according to cryptocurrency trading app Coindesk.com.

  • How Elon Musk’s Tweets Pulled and Pushed Crypto Market Prices May 20, 2021 07:58 PM IST

    How Elon Musk’s Tweets Pulled and Pushed Crypto Market Prices

    Musk’s pronouncements on cryptocurrency have added to pressure on them, although he did tweet a diamond emoji amidst the mayhem yesterday to indicate that bitcoins were a safe investment.

  • Cryptos bounce back a day after rout, Bitcoin surges over 19% May 20, 2021 07:10 PM IST

    Cryptos bounce back a day after rout, Bitcoin surges over 19%

    Another popular cryptocoin, Dogecoin saw a rise of 11.42 percent and was trading at $0.0414725 with the market cap of $53.72 billion.

  • Wells Fargo to onboard active cryptocurrency strategy for rich clients May 20, 2021 05:36 PM IST

    Wells Fargo to onboard active cryptocurrency strategy for rich clients

    Wells Fargo & Co said on Wednesday its investment institute is planning to evaluate and onboard an actively managed cryptocurrency strategy fo..

  • Top 5 companies that have 'diamond hands' even after Bitcoin crashed May 20, 2021 05:13 PM IST

    Top 5 companies that have 'diamond hands' even after Bitcoin crashed

    Square Inc., a financial services company owned by Twitter CEO Jack Dorsey, holds 8,027 Bitcoins worth $220 million.

  • Take a look at how 15 cryptocurrencies performed on May 19 May 20, 2021 03:27 PM IST

    Take a look at how 15 cryptocurrencies performed on May 19

    The cryptocurrency market lost nearly $1 trillion in market capitalisation on May 19 after a crash in major digital currencies such as bitcoin and ethereum.

  • Bitcoin’s growing energy problem: ‘It’s a dirty currency’ May 20, 2021 01:13 PM IST

    Bitcoin’s growing energy problem: ‘It’s a dirty currency’

    Climate activists are agitated that fossil fuels will be burnt to mine crypto, and are pushing regulators to clamp down on this

  • Hedge Funds bought bitcoin dip as it touched $30,000: Report May 20, 2021 12:47 PM IST

    Hedge Funds bought bitcoin dip as it touched $30,000: Report

    Genesis Global Trading, New York-headquartered digital asset broker, sent out a note to its counterparties before bitcoin's appreciation, saying macro funds began buying at the $35,000 level.

  • Cryptocurrency bloodbath: Global market cap drops by $177 billion as bitcoin and ethereum continue to nosedive May 20, 2021 12:21 PM IST

    Cryptocurrency bloodbath: Global market cap drops by $177 billion as bitcoin and ethereum continue to nosedive

    Prices of cryptocurrencies nosedived after China banned its financial and payment institutions from providing crypto services

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