Blockchain & crypto news from India
The entity that holds the fifth-largest Bitcoin address, commonly referred to as “37X”, has recently made a significant transfer of over $6 billion worth of BTC. This transfer is noteworthy because it is the first time that this Bitcoin whale has moved its funds since 2019. According to reports, the transfer involved the movement of…
Coinbase, a popular cryptocurrency exchange, has announced its intention to launch futures trading products for Dogecoin. According to Coinbase, the decision to offer futures trading for Dogecoin is based on the cryptocurrency’s “enduring popularity,” which suggests that it has gone beyond its meme origins to become a staple in the cryptocurrency industry. Dogecoin, which was…
On March 18, there was a significant movement of Bitcoin from the Grayscale spot Bitcoin exchange-traded fund (ETF). This was the largest outflow since the fund’s conversion to a spot ETF on Jan. 11. The outflows amounted to a whopping $640 million worth of Bitcoin. This event has garnered attention from the cryptocurrency community, as…
Binance, one of the leading cryptocurrency exchanges, has recently made an announcement that is sure to catch the attention of many in the crypto world. In an effort to maintain a fair and transparent trading environment, Binance has pledged to offer a substantial reward ranging from $100,000 to $5 million to anyone who can provide…
Bitcoin, the world’s leading cryptocurrency, reached a new all-time high of $71,415 on March 11. This marks a significant milestone for the digital currency, which has been on a relentless upward trajectory in recent months. In the 24 hours leading up to 08:05 am UTC, the price of Bitcoin rose by 2.62%, demonstrating the strong…
Unlocking the potential of cryptocurrency investments, Bitcoin ETFs have recently catapulted the price of Bitcoin and other cryptocurrencies to new highs. First and foremost, what are ETFs? ETF stands for Exchange Traded Fund. Simply put, An ETF is like a stock that pools investments and can be easily bought and sold. ETFs are like mutual…
Recently, Bitcoin made history by surpassing $69,200 in value, marking an all-time high for the digital currency. This was seen as a significant moment for Bitcoin enthusiasts, who have watched the cryptocurrency experience a volatile journey over the years. In addition to the Bitcoin milestone, gold also reached a new all-time high on the same…
On Wednesday, Bitcoin surged to the highest it has been to since November 2021. It rose to just above $64000, before the prices started falling again. The bulls as well as the bears of the market were stunned by the sudden and steep movement in the prices. Bitcoin has risen by more than 20% in…
The Bitcoin marathon is becoming unstoppable as it reaches the mark of $60,000 after a wait of 2 years! It increased significantly over a value of 6% merely in 24 hours as reported by Binance. As per CoinMarketCap data, the world’s first cryptocurrency has witnessed a significant surge of over 13% on the weekly chart…
While Bitcoin is witnessing its breakthrough point after a gap of two years, Dogecoin has experienced a substantial drop of 4.5%. The massive drop is seen after Elon Musk’s urgency to testify once more for the complete acquisition of Twitter. DOGE’s price is highly influenced by Musk, making it vulnerable to his social media speculations. The price…