New Delhi: Bitcoin and other major altcoins were showing some weakness on Monday, following a thinner trading period for the last three days. Bitcoin was struggling below $40,000, whereas Ethereum lingered near $3,000. Trading over the long weekend was light as investors continue to process rising inflation, the possibility of a recession and the latest … Read more
New Delhi: The digital token market was trading flat on Tuesday as investors closely watched the major global events unfold and their impact on the financial markets. However, crypto trading volumes were holding around $100 billion level despite the cautious stance and economic uncertainty inflamed by the conflict between Russia and Ukraine. Solana dropped 3 … Read more
New Delhi: After a brief pause, cryptocurrencies were back in vogue, continuing late Sunday night action to Monday as well as the latest rise in equities boosted the morale of crypto assets. All of the crypto tokens were trading higher during the early hours on Monday. Meme tokens including Dogecoin and Shiba Inu gained 5 … Read more
New Delhi: The cryptocurrency market gained some ground on Thursday despite one of the largest hacks in Web3 history rocking the crypto world. Barring Bitcoin, Terra and the dollar-pegged US Coin, the other crypto tokens were trading higher. Solana piped Terra to become the 8th largest crypto asset, thanks to an 11 per cent rise … Read more
New Delhi: Major cryptocurrencies continued to fall on Monday thanks to inflationary worries, triggered by the Russia-Ukraine war. The pain in altcoins was even more severe. The decline began as bad news throughout last week quashed even the faintest hopes of a resolution. Russian forces pounded other major Ukrainian cities with artillery and rocket fire. … Read more
New Delhi: The crypto market continued to move higher as signs of ease in the conflict between Russia and Ukraine boosted the confidence of investors. Barring the dollar-pegged USD Coin, all other top digital tokens were trading with higher in early trade on Wednesday. Avalanche rose 11 per cent each, followed by a 4 per … Read more
New Delhi: The cryptocurrency market was trading higher on Monday, with tokens associated with gaming witnessing a strong rise. That said, the recent rebound in prices of Bitcoin and Ethereum have turned investors cautious. Barring Terra, all other nine out of the top-10 digital tokens were trading with decent gains. Meme tokens like Dogecoin jumped … Read more
NEW DELHI: Dogecoin got another boost from Elon Musk on Tuesday and the coin climbed over 9 per cent compared to last day, which pared losses for investors who have suffered a lot during the week. Musk, who is the founder of Tesla and SpaceX, said he would eat a Happy Meal on TV if … Read more
NEW DELHI: Recently, many celebrities and businesspeople have been encouraging investors to bet on cryptocurrencies without warning them about the risks associated with investing in this asset class, a trend that Zerodha co-founder Nithin Kamath finds “quite disgusting”. “Watching famous personalities with huge fan followings trying to trigger their fans or retail investors to invest … Read more
New Delhi: The cryptocurrency market extended gains on Wednesday, despite investors booking profits in Dogecoin. Investors fancied altcoins at lower levels. Barring the Dogecoin and dollar-pegged Tether, all other eight out of the top 10 digital tokens were trading higher. Ethereum rallied 7 per cent, whereas Solana and Polkadot surged 5 per cent. The global … Read more