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Bitcoin Falls

Bitcoin falls 4.7% as West Asia tension spurs caution across markets

The digital asset fell 4.7 per cent on Tuesday, the most in nearly a month, after Iran fired about 200 ballistic missiles at Israel in a sharp but brief escalation of hostilities between 2 adversaries

Bitcoin falls 4.7% as West Asia tension spurs caution across markets
Updated On : 02 Oct 2024 | 11:43 PM IST

Market Mayhem: Bitcoin crashes below $50k; Ethereum, BNB fall up to 20%

The popular cryptocurrency has traded in the range of $49,121.24 (low) to $61,058.94 (high) in the last 24 hours

Market Mayhem: Bitcoin crashes below $50k; Ethereum, BNB fall up to 20%
Updated On : 05 Aug 2024 | 2:46 PM IST

How Bitcoin's 'halving' can burnish its value as a scarce commodity

The halving comes after bitcoin hit an all-time high of $73,803.25 in March

How Bitcoin's 'halving' can burnish its value as a scarce commodity
Updated On : 19 Apr 2024 | 2:02 PM IST

Bitcoin falls heavily as Israel strikes Iran, slides below $60,000

Israel launched an attack on Iranian soil on Friday, sources said, days after Iran launched a drone strike on Israel

Bitcoin falls heavily as Israel strikes Iran, slides below $60,000
Updated On : 19 Apr 2024 | 12:12 PM IST

Ex-crypto mogul Sam Bankman may go to jail for defrauding FTX investors

Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced on Thursday for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted in November of fraud and conspiracy a dramatic fall from a year earlier when he and his companies seemed to be riding a crest of success that resulted in a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady and comedian Larry David. A jury found that Bankman-Fried illegally used money from FTX depositors to cover his expenses, which included purchasing luxury properties in the Caribbean, alleged bribes to Chinese officials and private planes. Prosecutors recommended a prison sentence of 40 to 50 years. The defendant victimised tens of thousands of people and companies, across several continents, over a period of multiple years. He stole money from customers who entrusted it to him; h

Ex-crypto mogul Sam Bankman may go to jail for defrauding FTX investors
Updated On : 28 Mar 2024 | 11:08 AM IST

Indian cryptocurrency exchanges hope for revival in Bitcoin rally

Indian cryptocurrency exchanges hope for a revival in sentiment as Bitcoin price is up nearly 50% in a month to over $66,000

Indian cryptocurrency exchanges hope for revival in Bitcoin rally
Updated On : 08 Mar 2024 | 10:45 AM IST

Bitcoin surges to $50,000 for the first time since 2021 on ETF demand

Aside from ETF inflows, sentiment toward Bitcoin is "typically positive" during the Lunar New Year holidays that are currently underway in Asia, Fundstrat Global Advisors wrote in a note

Bitcoin surges to $50,000 for the first time since 2021 on ETF demand
Updated On : 13 Feb 2024 | 7:47 AM IST

Crypto wrap: Bitcoin falls after Sam Bankman-Fried's conviction in the US

Cryptocurrency news: In the FTX trial's verdict its founder Sam Bankman-Fried was found guilty on all seven charges of criminal fraud in the US

Crypto wrap: Bitcoin falls after Sam Bankman-Fried's conviction in the US
Updated On : 03 Nov 2023 | 11:32 PM IST

Crypto wrap: Israel-Hamas war ignites sell-off, Ethereum lowest since March

Cryptocurrency news: A higher-than-expected US inflation in September also resulted in a sell-off pressure in the market

Crypto wrap: Israel-Hamas war ignites sell-off, Ethereum lowest since March
Updated On : 13 Oct 2023 | 3:45 PM IST

Crypto wrap: Global macro uncertainties pull market deep in the red

The uncertainty around Chinese economy, where real estate crisis has touched a new high after Evergrande filed for bankruptcy protection in New York, has also contributed to sell-off in the markets

Crypto wrap: Global macro uncertainties pull market deep in the red
Updated On : 18 Aug 2023 | 4:39 PM IST

Crypto wrap: Fed's rate hike comment, SEC cases drag Bitcoin to 3-month low

Bitcoin fell to its lowest in three months on Wednesday after US Fed's statement hinted that it may increase the rates in the upcoming policy announcements

Crypto wrap: Fed's rate hike comment, SEC cases drag Bitcoin to 3-month low
Updated On : 16 Jun 2023 | 4:53 PM IST

Crypto market cracks 5%, Bitcoin at 3-month low after US SEC sues Binance

In its complaint, the SEC alleged that Binance and Zhao had "free reign" over billions of dollars of crypto assets from the US

Crypto market cracks 5%, Bitcoin at 3-month low after US SEC sues Binance
Updated On : 06 Jun 2023 | 9:40 AM IST

Bitcoin sinks to lowest since March after falling for a second straight day

The largest digital asset fell as much as 3.2% on Friday to around $26,100, and is staring down its first back-to-back weekly losses since March

Bitcoin sinks to lowest since March after falling for a second straight day
Updated On : 12 May 2023 | 10:15 PM IST

Bitcoin drops again below $30,000 on account of interest rate fears

The largest token fell as much as 4.5% before paring some of the slide to trade at about $29,175 as of 11:50 a.m. in London on Wednesday

Bitcoin drops again below $30,000 on account of interest rate fears
Updated On : 19 Apr 2023 | 5:21 PM IST

Crypto fugitive Do Kown behind $40 bn crash arrested, charged with fraud

US prosecutors have arrested Do Kwon, the cryptocurrency entrepreneur behind the crash of two digital currencies (TerraUSD and Luna) that lost over $40 billion last year, and charged him with fraud

Crypto fugitive Do Kown behind $40 bn crash arrested, charged with fraud
Updated On : 24 Mar 2023 | 5:11 PM IST

Bitcoin drops below $20,000, set for worst week since FTX crash in November

The largest token fell as much 3.2% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on Thursday. Smaller coins like Ether, Solana also added to losses

Bitcoin drops below $20,000, set for worst week since FTX crash in November
Updated On : 10 Mar 2023 | 6:12 PM IST

Crypto meltdown: Traditional US bank Silvergate collapses as stock plunges

The fall of cryptocurrency exchange FTX and an overall meltdown in the global crypto market has claimed another victim with established US bank Silvergate Capital

Crypto meltdown: Traditional US bank Silvergate collapses as stock plunges
Updated On : 10 Mar 2023 | 5:47 PM IST

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high
Updated On : 24 Feb 2023 | 3:58 PM IST

Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto

The largest token fell as much as 2.3% on Monday to $19,527, the fifth day of declines

Bitcoin hovers around $20k as Fed chief's hawkish comments weigh on crypto
Updated On : 29 Aug 2022 | 8:06 PM IST

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump

The carmaker had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet, according to its shareholder letter

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump
Updated On : 21 Jul 2022 | 5:21 PM IST