CRYPTO LOSSES
Crypto hacking thefts double to $1.4 bln in first half, say researchers
The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM Labs said on Friday.
Bitcoin drops for fourth day even as global stocks hit records
Bitcoin and other cryptocurrencies are experiencing a decline amidst a broader market selloff. Speculators are facing challenges such as reduced demand for US Bitcoin ETFs and uncertainties surrounding government actions. The correlation between Bitcoin and global stocks is weakening, raising questions about the future of crypto investments.
Traders' new fancy: Crypto F&O
Indian crypto traders are flocking to Futures & Options (F&O) markets, with leading exchanges like CoinDCX and Delta Exchange experiencing a volume surge. However, a cloud of uncertainty hangs over the regulatory landscape regarding F&O taxation. This shift is driven by a desire to avoid the 1% TDS imposed by the government on spot crypto trading.
Get-rich-quick trades suddenly reverse as Nvidia, Bitcoin slump
Investors face volatility as Bitcoin and Nvidia suffer losses, emphasizing the need for market diversification beyond technology.
Crypto Price Today: Bitcoin’s 2% loss is advantage altcoins. Solana, Cardano, Toncoin jump up to 9%
BTC faced challenges from ETF flows and macro data but surged with inflows. Altcoins gained traction as Bitcoin's dominance dropped. Vikram Subburaj noted market frontrunning impacting Bitcoin. Solana and Cardano surged amidst varied altcoin movements.
Experts predict Bitcoin could hit $150K if Trump wins Presidency; Raboo to 100x post-launch
Speculations in the crypto market suggest Bitcoin could reach $150,000 if Donald Trump wins the presidency, while a new presale crypto, Raboo ($RABT), is gaining attention for its potential 100-fold appreciation post-launch.
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Cryptocurrency price on June 20: Bitcoin holds above $65.5k, Altcoins trade mixed
Major crypto tokens displayed a mixed performance on Thursday. Bitcoin, Ethereum, BNB, XRP, Toncoin, Avalanche, and Chainlink recorded gains, trading up to 2% higher. Conversely, Solana, Dogecoin, Cardano, Shiba Inu, and Uniswap saw losses, trading down by up to 2%.
Meta must face Australian billionaire Forrest's US lawsuit over scam Facebook crypto ads
In a decision on Monday, US District Judge Casey Pitts in San Jose, California said Australia's second-richest person can try to prove that Meta's negligence in allowing the ads breached its duty to operate in a commercially reasonable manner.
Cryptocurrency prices on June 17: Bitcoin holds steady above $66,000 as market sees mixed movement
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, rose to $1.304 trillion. Bitcoin's dominance is currently 54.07%, according to CoinMarketCap. BTC volume in the last 24 hours rose 26.8% to $16.37 billion.
Meme coins STRUMP and Raboo rally as Bitcoin dips below $70k
The crypto bull run includes new craze around Super Trump (STRUMP) and Raboo (RABT) tokens, with significant price increases. Super Trump features attractive tokenomics and Donald Trump's influence. Raboo offers quality memes and user engagement, with a presale ongoing.
Crypto marketplace Bakkt weighs potential sale, breakup
Bakkt, offering a range of services such as trading and custody, enters the market amid growing consolidation in the digital-asset sector, as crypto prices approach record highs. While some firms consider expansion, others are still recovering from the industry-wide meltdown two years ago.
Crypto 're-staking' platforms boom as traders chase bigger returns
More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.
The top 7 Alt Coins to buy now that can skyrocket your portfolio
Discover seven altcoins - 5thScape, DarkLume, BitBot, Algorand, Near Protocol, yPredict, and Nervos Network - with potential to boost your crypto portfolio through innovative technologies and growth prospects.
Cryptocurrency Price on May 30: Bitcoin dips below $67.8k level; Shiba Inu, Polkadot tank over 5%
Major cryptocurrencies declined in Thursday's trading session amid speculation that global interest rates would remain elevated for an extended period. Investors turned their attention to key inflation data expected at the end of the week, seeking additional insights into the future trajectory of monetary policy.
Why does India have the first mover advantage in Web3 technology?
While regulatory clarity remains a work in progress, India's embrace of the Financial Intelligence Unit (FIU) registration requirement is a positive step, creating a safer trading environment for all.
Exploring the allure and strategy of crypto trading: Insights from Parth Chaturvedi of CoinSwitch
Cryptocurrency trading, with its high returns and volatility, attracts investors and traders. Parth Chaturvedi from CoinSwitch Ventures shared insights on market behavior and trading strategies in a recent ETMarkets live stream.
5 ongoing crypto presales set to explode potentially
The low entry point of promising crypto presales allows strategic investors to maintain a healthy risk-reward ratio.
Indian crypto investors take illegal routes to avoid tax burdern
Peer-to-peer trading through escrow services on banned crypto exchanges has increased five times during weeks of high trading volume in March and April, according to a study conducted by Delhi-based policy think tank Esya Centre.
SEBI considers regulatory role in crypto trading, diverging from RBI's approach. Here's what experts think
In a significant development within India’s crypto landscape, the Securities and Exchange Board of India (SEBI) has recommended several regulators oversee crypto trade nationwide.
Sebi suggests local regulators oversee crypto trading
Both sets of documents, which have been seen by Reuters, have been submitted to a government panel which is tasked with formulating policy for the finance ministry to consider. SEBI's stance has not previously been reported.
Wallet recovery firms buzz as locked-out crypto investors panic in bitcoin boom
Losing access to a crypto wallet is a well-known problem. Investors forgetting their intricate passwords is a primary reason, but loss of access to two-factor authentication devices, unexpected shutdowns of cryptocurrency exchanges and cyberattacks are also common
Cryptocurrency Price on May 13: Bitcoin holds above $61.1k; Solana, Dogecoin decline up to 5%
As of 11:50 a.m., Bitcoin was trading marginally higher at $61,150, while Ethereum experienced a 1.15% drop to $2,889. Additionally, altcoins like Solana (-5.2%), XRP (-2.6%), Dogecoin (-3.9%), Shiba Inu (-3.6%), Cardano (-2.7%), and Avalanche (-4%) followed suit in the downward trend.
Crypto hype to continue but you need to ask: Can the lure of quick money control your financial decisions?
We have reached a stage where everyone thinks that cryptocurrency is a legitimate asset class. While there may be regulatory obstacles, these will eventually be overcome. Another surge in value is inevitable, resulting in substantial increase in the wealth of those who have crypto. With each surge, a new wave of unsuspecting savers will put their financial well-being at risk.
Cryptocurrency Price on May 9: Bitcoin below $61.8K; Cardano, Toncoin surge up to 4%
In the last 24 hours, the m-cap of Bitcoin, the world's largest cryptocurrency, fell to $1.214 trillion. Bitcoin's dominance is currently 53.13%, according to CoinMarketCap.
Bitcoin Investment: 5 tips to invest in the crypto asset
New investors in Bitcoin must keep their minds open, and do their due diligence before deciding to invest in Bitcoin, as it does not only offer a huge payday but also stark uncertainty at times. Purchasing or mining Bitcoin can often be tricky, so here are some tips that will offer some insights to beginners thinking about entering the crypto market.
Robinhood's crypto business drives massive earnings beat
Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday, thanks to robust crypto trading volumes and rate hikes that boosted its net interest revenue.
Best AI tokens to invest in 2024: Newly emerging AI tokens
Investment manager VanEck predicts revenue from these projects could reach $10.2 billion by 2030 – and a staggering $51 billion in a best-case scenario.
India’s crypto regulations can do with a HODL strategy
As the global crypto asset market progresses, India finds itself at a pivotal juncture. There’s an opportunity to chart a course that delicately balances innovation in this nascent but super exciting sector, together with risk management, while drawing invaluable insights from the regulatory experiences of other nations.
Meme Coins - whether to invest or not?
Amidst the ongoing bullish sentiment in the crypto market, with Bitcoin reaching all-time highs, altcoins and meme coins are also experiencing a surge in popularity. It is important to educate investors about meme coins as more people are engaging in regular buying and investing activities.
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