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  • 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

  • Bitcoin today: Take a look at the latest price of 10 cryptocurrencies May 20, 2021 11:48 AM IST

    Bitcoin today: Take a look at the latest price of 10 cryptocurrencies

    On May 19, both bitcoin and ethereum saw their biggest single-day falls since March 2020, when the pandemic began.

  • Crypto exchanges go down across the world as bitcoin, ethereum prices plunge May 20, 2021 09:33 AM IST

    Crypto exchanges go down across the world as bitcoin, ethereum prices plunge

    Exchanges gave a mix of reasons for outages after angry users and traders reported difficulty in trading their digital assets.

  • Crypto crash and weak dollar lifts gold to 4-month high; prices seen at Rs 51,000 in 3-4 months May 20, 2021 08:26 AM IST

    Crypto crash and weak dollar lifts gold to 4-month high; prices seen at Rs 51,000 in 3-4 months

    We expect gold in the rupee term could test Rs 51,274 levels in the next 3-4 month time and Rs 45,800 will act as major support for the prices, says Manoj Kumar Jain.

  • Stocks struggle as taper talk, crypto crash put markets on edge May 20, 2021 08:00 AM IST

    Stocks struggle as taper talk, crypto crash put markets on edge

    Benchmarks in South Korea and Japan were either side of flat in morning trade and Hong Kong's Hang Seng fell about 0.8% to pull MSCI's broadest index of Asia-Pacific shares outside Japan down by 0.2%.

  • Bitcoin plunges: A bust or a buy? May 20, 2021 07:58 AM IST

    Bitcoin plunges: A bust or a buy?

    The two main digital currencies, bitcoin and ether pared back their losses in early afternoon trading after two of their biggest backers -- Tesla Inc. chief Elon Musk and Ark Invest's chief executive officer Cathie Wood -- reiterated their support for bitcoin.

  • Explained: Why has the price of Bitcoin been falling? May 20, 2021 07:45 AM IST

    Explained: Why has the price of Bitcoin been falling?

    Bitcoin Price Today: The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in market value in 24 hours.

  • Cryptocurrency Bloodbath: As bitcoin drops, Elon Musk shares ‘diamond hands’ tweet to imply Tesla won't sell its stake May 19, 2021 10:58 PM IST

    Cryptocurrency Bloodbath: As bitcoin drops, Elon Musk shares ‘diamond hands’ tweet to imply Tesla won't sell its stake

    Using a combination of emojis and text, Elon Musk said Tesla has “diamond hands”, implying that the auto company would not be parting with its $1.5 billion stake in bitcoin.

  • Cryptocurrency bloodbath: Here's what you need to know May 19, 2021 10:24 PM IST

    Cryptocurrency bloodbath: Here's what you need to know

    It all started when Elon Musk, the mercurial Tesla founder, announced that his company will not be accepting bitcoin payments for its cars, given the disastrous energy consumption trends involved in its mining.

  • Bitcoin Fall: WazirX, Coinbase crash after cryptocurrency plunges; Twitter goes berserk May 19, 2021 10:24 PM IST

    Bitcoin Fall: WazirX, Coinbase crash after cryptocurrency plunges; Twitter goes berserk

    Bitcoin Fall: With the trading platform crash, people took to microblogging websites and and complained about wrong valves of coins, payment issues, exchange issues and app issues.

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