crypto news: Crypto Movement at a Glance: Bitcoin holds $23,000; Merge on the cards for Ether

This week, most cryptocurrencies faced a slight correction as uncertainty split from legacy markets. Despite the minor decline, cryptocurrencies have recovered and stood strong without sharp movements. Bitcoin started the week trading above the $23,000 level but fell to $22,000 due to increasing pressure, US central bank’s latest interest rate hike, and ongoing tension betweenChina … Read more

Bitcoin, Ethereum Up, Solana Most Searched Crypto Today

The largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), were trading in the green on Thursday morning, while Solana emerged as the top searched coin. The global crypto market capitalisation went up by 1.93 per cent to $1.08 trillion as of 8.50 am. However, the global crypto volume was down by 14.45 per cent to $66.18 … Read more

Bitcoin Flat at $23,000, Ether Holds $1700 Mark; Full List

Cryptocurrency Price Today: The global cryptocurrency market on Saturday, July 30, declined slightly on the back of the US economy declining for two consecutive quarters in a classic definition of approaching a recession. Even though the fear and greed index performed their best since April on Friday, investors are expected to be on toes, which … Read more

UK, US To Strengthen Ties On Crypto Law, Binance Looking For Indian Engineers, Bitcoin Crosses $21,000

The Financial Conduct Authority (FCA), the United Kingdom’s top financial regulator, has said that it will further ties on crypto regulation with its United States counterpart so that the rules provide certainty.  Nikhil Rathi, Chief executive of FCA, said while speaking at the Institute for International Economics, “In the past, innovative firms would have been … Read more

CRYPTO MARKET WEEKLY WRAP: Latest from the cryptocurrency world 

How did the crypto world fare across the globe last week? Despite the market meltdown, there was news of innovation in payments, subscriptions and more.   Highlights:  Celsius Network filed for bankruptcy  Celsius Network filed for bankruptcy this week. The crypto lending platform owes users $4.7 billion, as per the declaration filed by CEO Alex … Read more

Multi-Crore Crypto Scam Surfaces In Kerala; Bitcoin Up 8%, Ethereum 7%

The Kerala police and other intelligence agencies have found out another multi-crore cryptocurrency investment scam running in the state. The suspected persons used to promise investors assured high returns and said that they work in a company which deals in crypto. Then they routed the funds through two Kochi-based companies, ‘Richferryman’ and ‘DealFX’ and duped … Read more

Bitcoin could be one of the greatest bull markets, says Bloomberg analyst

Bitcoin could be one of the greatest bull markets in history at a relatively discounted price to start 2H (second half). Or the crypto may be a failing experiment in the process of being made redundant, like crude oil, said Bloomberg’s commodity strategist and analyst Mike McGlone. “Our bias is Bitcoin adoption is more likely … Read more

CBDT Notifies Exclusion Of Gift Cards, Loyalty Points, Others From Crypto Tax, Bitcoin Down 6%

The Central Board of Direct Taxes (CBDT) has clarified that gift cards, reward points, mileage points, any loyalty or incentive program, subscription to websites or applications, are not to be included under the definition of virtual digital asset (VDA). As per the Income-tax Act, 1961, VDA is defined as any information, code, number, token or … Read more

Bitcoin Plunges Below $20,000; Ether, Solana Lose Up to 7%

Cryptocurrency Price Today: The global cryptocurrency market on Thursday, June 30, fell below the $900 million mark for the second time this year amid fears of recession as the US GDP contracted 1.6 per cent in the first quarter of the year, as per a Moody’s report. The crypto coin market felt the consequences of … Read more

Bitcoin Loses $21,000 Level, Ether, Dogecoin Lose Up To 7%

Cryptocurrency Price Today: The cryptocurrency market extended its previous day’s losses on Tuesday, June 28, and spiralled further down after being in the green for a few days. Bitcoin lost its $21,000 mark again, as its value dropped over the past 24 hours. The overall loss suffered by major crypto coins during the past day … Read more