GLOBAL CRYPTO MARKET
Rise of Telegram-friendly chain spurs talk of crypto super app
The Open Network (TON) blockchain has seized the crypto spotlight even amid a broader rally in the sector that saw Bitcoin hit new heights before a recent selloff.
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.
What are the chances of Kamala Harris replacing Joe Biden? Find out what does this crypto-currency prediction market say
Polymarket which is a crypto-currency prediction market has predicted that VP Kamala Harris is surging ahead in the presidential race. She may replace Biden.
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.
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.
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First Bitcoin ETF to list on Australia’s bourse in global wave
Exchange operator ASX Ltd., which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday, VanEck said in a press release on Saturday.
Why crypto is an asset class that cannot be ignored?
Sathvik Vishwanath discusses the disruptive force of cryptocurrencies and their significance as an asset class in a live stream on ETMarkets, highlighting future trends like Ethereum 2.0 and DeFi.
Crypto Gems: Top crypto assets to watch & buy in June 2024
May was a historic month for crypto enthusiasts with Ethereum spot ETFs approval in the US. Bitcoin nears all-time high while altcoins like Ethereum, Solana, and Cardano are still off their 2021 peaks.
Cryptocurrency Prices on June 6: Bitcoin holds near $71K, Altcoins trade flat
On Thursday, major cryptocurrencies remained relatively steady, with speculation mounting that the U.S. Federal Reserve may implement interest rate cuts in September. At 12:14 PM, Bitcoin (BTC) experienced a slight decrease of 0.25%, trading at $70,898, while Ethereum saw a modest increase of 0.7%, reaching $3,843.
Cryptocurrency prices on June 5: Bitcoin rises 3% to above $71,000 on Fed rate cut expectation
Bitcoin price surged by 3% to $71,000 in the last 24 hours, driven by expectations of a Federal Reserve rate cut in September following soft U.S. job openings data. Ethereum reached $3,807 and altcoins like BNB and Solana also saw significant increases.
Ronaldo’s Jersey (RONJER) listing on KuCoin spikes major price surge, amid Meme Coins bull trend, will Dogecoin join the list?
With Ronaldo’s Jersey (RONJER) leading the meme coin bull trend, KangaMoon and other meme coins have also not been left behind, promising investors high returns in 2024.
Cryptocurrency price on June 3: Bitcoin approaches $69k on renewed US rate cut hopes
Cryptocurrencies surge as U.S. inflation stabilizes, hinting at Fed rate cuts. BTC and ETH prices rise with a market cap at $2.56 trillion. CEOs anticipate positive momentum amid moderate growth and weak consumer spending.
Why Sebi’s regulatory ambit could boost India's crypto industry
Bringing cryptocurrency under SEBI's regulation could revolutionize India's crypto market. Leveraging SEBI's proven track record in market regulation, investor protection, and technological advancements can foster trust, stability, and growth while ensuring transparency and innovation.
Cryptocurrency Price on May 31: Bitcoin holds above $68.3K ahead of key inflation data
Popular crypto tokens such as BNB, Solana, Dogecoin, Shiba Inu, Chainlink, and Polkadot declined up to 3%, while Cardano, Tron, Uniswap, and Litecoin surged up to 1%.
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.
Cryptocurrency Price on May 28: Bitcoin below $68,000; Ethereum, Toncoin decline up to 2%
In addition to Bitcoin and Ethereum, other crypto tokens like BNB, Cardano, Toncoin, Polkadot, and Tron also declined up to 2%. Conversely, Solana, Shiba Inu, Chainlink, and XRP surged up to 6%. The market cap of Bitcoin, the world's largest cryptocurrency, decreased to $1.337 trillion in the past 24 hours.
Cryptocurrency Price on May 27: Bitcoin falls below $68.7k level; Dogecoin, Chainlink decline up to 4%
On Monday, major cryptocurrency tokens experienced a downturn, with Bitcoin (BTC), XRP, and Dogecoin leading the decline. BTC saw a 0.9% drop to $68,678, while Ethereum surged by over 3.4% to reach $3,915. Ethereum, the leading altcoin, has seen impressive growth following the announcement of the SEC's approval for ETH ETFs.
Bitcoin slips below $67.2k; Ethereum falls over 4% despite approval of spot Ether ETFs in US
Cryptocurrency markets, including Bitcoin and Ethereum, were trading lower on Friday due to profit-taking. BTC fell to $67,143, while Ethereum declined to $3,655. Edul Patel from Mudrex commented on the market movements.
Recent Crypto funding surge set to transform the Altcoin market in 2024; 5 top Cryptos to watch
Cryptocurrency startup funding surged by 40.3% to $2.4 billion in Q1 2024, while global venture capital investments hit a five-year low. Bitcoin price soared to $73,803 after BlackRock and Fidelity approved bitcoin spot ETFs.
Cryptocurrency Price on May 23: Bitcoin slips below $69.6k, Shiba Inu, Solana tank up to up to 5%
The global crypto m-cap dropped 0.65% to around $2.58 trillion in the last 24 hours, while the total crypto market volume was $94.42 billion, a 21.96% decrease.
Cryptocurrency Price on May 22: Bitcoin falls below $70k level; Ethereum, Uniswap surge up to 4%
Bitcoin and Ethereum prices fluctuate with a market cap of $2.6 trillion. Various factors including specific price levels, stablecoin volume, and Bitcoin dominance influenced market sentiment.
Cryptocurrency Price on May 20: Bitcoin trades near $67k; Avalanche, Shiba Inu fall over 4%
Cryptocurrencies witnessed a decline in Monday's trading as investors adopted a risk-averse stance amid global uncertainties. The global market cap dipped by 1%, reaching around $2.41 trillion over the past 24 hours.
Cryptocurrency Price on May 17: Bitcoin above $66.2K; Chainlink, Polkadot rise up to 15%
The collaboration between DTCC in the US, along with Chainlink and major US banks, completed a successful pilot to expedite the tokenization of funds. Parth Chaturvedi, of CoinSwitch, said this partnership marks a significant step towards blockchain technology in traditional asset management.
Bitcoin jumps above $65.9k as US inflation data fuels rate-cut bets
Bitcoin and other major cryptocurrencies rose in Thursday's trading session as a milder-than-expected U.S. inflation report raised expectations of potential Federal Reserve interest rate cuts. The report showed a 0.3% increase in the consumer price index (CPI) for April, below the expected 0.4% rise.
Embracing Bitcoin's Volatility: Why price fluctuations shouldn't scare investors
Bitcoin is a revolutionary asset that defies traditional financial structures. Unlike companies, Bitcoin has no CEO, management team, earnings to hit, or competitors vying for its market share. It is a physical, bearer asset that can be held without counterparty risk, similar to gold, and it has no dilution risk.
Cryptocurrency Price on May 10: Bitcoin rises over 2% to $62.9k on renewed global rate cut optimism
Other major crypto tokens such as Solana (7%), Toncoin (12.1%), Dogecoin (3.4%), Shiba Inu (2.6%), Avalanche (3.7%), Chainlink (2%), and NEAR Protocol (4.4%) also surged. The volume of all stablecoins is now $58.67 billion, which is 92.17% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
Is Japanese Yen a canary in the coalmine? What it means for Bitcoin
The crisis facing the yen stems from a confluence of factors that have pushed the Bank of Japan into an economic policy corner. With a debt-to-GDP ratio of over 260%, among the highest in the world, Japan has been effectively locked into keeping interest rates at ultra-low levels, near zero, for years.
Bitcoin slumps 8% after Iran attacks Israel, flashes warning for global markets
The largest cryptocurrency slid 7.7% on Saturday, the biggest such retreat since March 2023. The token pared some of the drop to change hands at about $63,230 as of 11:36 a.m. in Singapore on Sunday. Most other major coins such as Ether, Solana and meme-crowd favorite Dogecoin nursed 24-hour losses.
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