After being in losses for most of this week, the crypto price chart is slowly recovering. Bitcoin was trading at $31,728 (approximately Rs 24.5 lakh) on Friday, May 20, with a marginal gain of 2.60 per cent, according to Indian exchange CoinSwitch Kuber. A gain of over 3% was also added to bitcoin values on […]
Despite unfavorable macroeconomic conditions and declining investor interest in riskier assets, bitcoin has managed to consolidate around the $30,000 mark (about Rs 23.5 lakh) over the past few weeks. However, the price of the largest cryptocurrency by market capitalization has now fallen below the psychologically important $30,000 (about Rs 23.5 lakh) mark across global exchanges, […]
Recent days have been particularly difficult for the crypto sector, as most cryptocurrencies have lost steam following the collapse of Terra. According to Indian exchange CoinSwitch Kuber, bitcoin opened with a drop of 1.21 percent on Wednesday, May 18. The trading value of BTC in India is currently close to $31,359 (approximately Rs 24 lakh). […]
The largest cryptocurrency by market cap and other major cryptos were again in the red on Monday, a day after bitcoin’s one-week loss – although not by much, again reflecting movement in global stock markets. The largest cryptocurrency by market capitalization continues to hover around the psychologically important $30,000 (approximately Rs 23.5 lakh) mark on […]
As we move into the second half of May, ahead of an exciting week in terms of markets, the crypto price chart is poised for a recovery. On Monday, May 16, bitcoin opened with a small gain of 2.88 percent, taking its value to $32,073 (about Rs 25 lakh), tracked by Indian exchange CoinSwitch Kuber. […]
The value of bitcoin briefly fell below the $27,000 (roughly Rs.21 lakh) mark on Thursday, the cryptocurrency’s lowest price since 2020, having been quite a positive day for the broader crypto market. Despite the Terra Luna accident. The largest cryptocurrency by market capitalization is currently hovering around the $30,400 (approximately Rs 23.5 lakh) mark on […]
AMC Theaters, the largest movie hall chain in the US, has seen the popularity of cryptocurrency as a payment option on its platform. According to Adam Aron, CEO of AMC Theaters, crypto transactions accounted for 35 percent of total online payments for the company. This data is for the first three months of this year […]
The overall crypto market, which slipped to a four-month low this week, has shown little or no signs of recovery in the past 24 hours. On Tuesday, May 10, bitcoin opened with a significant decline of 7.73 percent. According to the Indian exchange CoinSwitch Kuber, BTC is currently priced at $32,839 (approximately Rs.25 lakh). Bitcoin […]
Reds dominated the crypto price charts on May 6, 2022, as most cryptocurrencies opened with minor, but notable losses. Bitcoin stepped up on Friday with a massive drop of 6.67%. According to Indian exchange Coinswitch Kuber, BTC is currently trading at $38,630 (approximately Rs.29 lakh). The oldest cryptocurrency saw even bigger losses on international exchanges. […]
The broader crypto market got a major boost early Thursday after the US Federal Reserve announced a 0.50 percent increase in the official interest rate and the start of cutting its holdings of US Treasuries next month. Fed Chairman Jerome Powell was not as brash as investors feared, which boosted investor confidence. In terms of […]