The overall crypto chart showed more gains than losses on Wednesday, September 25. Bitcoin reflected a gain of 1.20 percent on Indian exchanges and a profit of 6.14 percent on international exchanges over the last 24 hours. At the time of writing, BTC was trading at $64,380 (roughly Rs. 53.7 lakh) on international exchanges, as … Read more
Hedge funds have been aggressively shorting ether (ETH) during the recent uptick to $3,000 as they attempt to harvest a yield by carrying out a basis trade. Hedge funds are shorting ether to the tune of $1.73 billion on the CME, a venue favored by institutional traders, according to data from the Block, which cites … Read more
The crypto market displayed mixed sentiment on Monday, September 30, with nearly equal numbers of cryptocurrencies posting gains and losses. Bitcoin saw a 1.94 percent decline on international exchanges over the past 24 hours. Despite this dip, the leading cryptocurrency held close to the $65,000 mark (roughly Rs. 54.4 lakh), trading at $64,452 (around Rs. … Read more
The crypto market displayed mixed sentiment on Monday, October 14, with nearly equal proportions of gains and losses across cryptocurrencies. Bitcoin posted modest gains of about 2% on both domestic and international exchanges. With this, the trading value of BTC on foreign exchanges has bounced to $64,260 (roughly Rs. 54.02 lakh) after hovering around at … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3513.86, up 5.3% (+176.17) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: HBAR (+13.5%) and ADA (+12.6%). Laggards: AAVE (+2.1%) and SUI (+2.4%). The … Read more
The crypto market is seeing record gains as Bitcoin’s upward momentum continues to create new benchmarks. Over the weekend, BTC spiked to its new all-time high, exceeding $106,000 (roughly Rs. 89.9 lakh). On Monday, the world’s most valuable cryptocurrency underwent some price correction. At the time of writing, BTC was trading at $104,527 (roughly Rs. … Read more
Russian companies have begun using Bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related … Read more
Bitcoin’s price dropped by 1.88 percent in the last 24 hours, trading at $98,110 (around Rs. 85.4 lakh) on February 5, according to CoinMarketCap. Earlier this week, the price of Bitcoin fell after US President Donald Trump announced new tariffs on imports from China, Canada, and Mexico. However, with the US President’s Canada and Mexico … Read more
On Friday, February 14, the overall crypto market displayed mixed sentiment. Bitcoin continued its decline for the fifth consecutive day, slipping by nearly 1 percent on international exchanges to $96,812 (roughly Rs. 84 lakh). A similar trend was observed on Indian platforms like CoinSwitch and Giottus, where Bitcoin traded at around $97,704 (roughly Rs. 84.8 … Read more
The Bitcoin blockchain lacks meaningful on-chain activity, even as its native token, bitcoin , trades near a record per-unit price. That’s according to mempool – a holding area for unconfirmed blockchain transactions waiting to be included in a block by miners. On Satuday, the mempool had just 5,000 odd transactions awaiting inclusion, with the tally … Read more