Bitcoin fights back to stand at $37,391 after Sunday sell-off
The second-largest cryptocurrency ether jumped more than 10% to as high as $2,321, erasing losses of 8.6% on Sunday that pushed it to near a two-month low around $1,730. The catalyst for the slump was cryptocurrency "miners", who mint cryptocurrencies by using powerful computers to solve complex maths puzzles, halting Chinese operations in the face of increasing scrutiny from authorities.
May 24, 2021, 16:48 PM IST
Bitcoin falls 11.3% to $33,250, ether down 16.6%
Ether, the coin linked to the ethereum blockchain network, dropped 16.59 % to $1,915.34 on Sunday, losing $380.97 from its previous close. Bitcoin markets operate 24/7, setting the stage for price swings at unpredictable hours. In addition, on Friday China cracked down on mining and trading of the largest cryptocurrency as part of ongoing efforts to prevent speculative and financial risks.
May 23, 2021, 18:42 PM IST
Bitcoin rises 6.6% to $61,074 in just 24 hours
This development comes after US President Joe Biden signed a massive $1.9-trillion stimulus bill which will dish out $1,400 cheque payments to most Americans, help the unemployed, expand public health care and garner funds for vaccination programmes. The cryptocurrency’s price is now up almost 1,400 percent from March 2020’s low of $4,000.
Mar 14, 2021, 13:31 PM IST
Bitcoin jolted by regulation worries, falls 7% on extended selloff
The price of the world`s biggest and best known cryptocurrency fell to as low as $10,567 on the Luxembourg-based Bitstamp exchange, not far from its six-week nadir of $10,162 touched the previous day.
Jan 17, 2018, 12:27 PM IST
Bitcoin falls 30%, posts worst week since 2013
In the futures market, bitcoin one-month futures on Cboe Global Markets were earlier halted due to the steep price drop, while those trading on the CME hit the limit down threshold.
Dec 23, 2017, 14:46 PM IST
Bitcoin slips below $14,000, down 30% from record peak
The cryptocurrency, which was at about $1,000 at the year`s start, had surged to a record high of $19,666 on Sunday.
Dec 22, 2017, 12:53 PM IST
Bitcoin suffers dramatic price plunge in Asia
The unit hit a record $19,500 at the start of the week.
Dec 20, 2017, 12:38 PM IST
How to pay tax on bitcoins profit?
Here are various possibility of taxing bitcoin profits under different circumstances.
Dec 19, 2017, 08:56 AM IST
Bitcoin currency status and converter shows up on Google search result
Google currency conversion tool shows the real time value of bitcoin vis-a-vis the Indian Rupee.
Dec 09, 2017, 10:29 AM IST
This man is giving out free Bitcoins and Twitterati can't hold the excitement
A twitter user owns 1,500 bitcoins and wants to give it to people on the occasion of Christmas.
Dec 08, 2017, 17:14 PM IST
Bitcoin blows past $16,000, alarm bells ring louder
Proponents say bitcoin is a good medium of exchange and a way to store value, much like a precious metal.
Dec 08, 2017, 11:08 AM IST
Bitcoin surges above $14,000 to new high
Bitcoin began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble.
Dec 07, 2017, 12:38 PM IST
Bitcoin surges above $12,000 to record high on relentless demand
Bitcoin`s meteoric ascent of over 10-fold from below $1,000 at the start of the year has drawn regulatory scrutiny around the world.
Dec 06, 2017, 11:39 AM IST
Bitcoin rises above $10,000 for the first time on BitStamp
It has soared more than 900 percent so far this year, posting the largest gain of all asset classes, on expanding financial and mainstream use.
Nov 29, 2017, 09:09 AM IST
Bitcoin reaches all time high of $9,721
The cryptocurrency, which started the year at USD 1,000, had reached USD 5,000 by October.
Nov 28, 2017, 14:03 PM IST
