The global cryptocurrency market cap is now below the $1 Trillion mark and trading lower at $914.15 billion, dropped around 3 per cent in the last 24 hours. However, the total cryptocurrency trading volume dropped marginally. Bitcoin continued its decline on Monday, extending its weekend losses and falling over 4 percent over the past 24 hours. Most of the crypto coins are trading in the red. Ether dropped 3 percent, while Binance Coin and Shiba Inu fell as much as 4 percent.

Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. Non-functional Japanese crypto exchange Mt. Gox creditors may soon be compensated on their Bitcoin held by the platform’s trustee since the 2014 hacking incident. Mt. Gox’s Japanese bankruptcy rehabilitation trustee, Nobuaki Kobayashi, Attorney-at-law sent a letter to the creditors on July 6th requesting them t

Jurrien Timmer, director of global macro at asset manager Fidelity Investments said "In other words, Bitcoin is cheap" and if Bitcoin is cheap then Ethereum is cheaper. Jurrien Timmer shared his views in a Twitter post on July 7. He used the price per millions of non-zero addresses as an estimate for Bitcoin’s valuation, and the chart below shows that valuation is all the way back to 2013 levels, even though price is only back to 2020 levels. In other words, Bitcoin is cheap.

Washington’s request focused at further isolating Moscow financially Report Unveils that the U.S. diplomats have called on authorities in Japan to increase pressure on Japanese crypto exchanges and miners with links to Russia. The United States of America wants the Japanese entities to end their business relations with Russia, thus adding to its financial isolation from the rest of the world. American diplomats' request targeting Japan’s more than 30 licensed crypto trading p

According to the report published by local media house NDTV, A Cabinet note circulated by the government on the proposed cryptocurrency bill has suggested regulation of private cryptocurrency rather than banning it. #CryptoRegulations #Bitcoin #Crypto #India

MicroStrategy now holds 121,044 bitcoins MicroStrategy has purchased an additional 7,002 bitcoins for $414.4 million in cash at an average price of $59,187 per #bitcoin. As of 11/29/21 we hold 121,044 bitcoins acquired for $3.57 billion at an average price of $29,534 per bitcoin.

Finance Minister Nirmala Sitharaman replies to a question asked on Bitcoin by Lok Sabha member Finance Minister Nirmala Sitharaman replies in the Lok Sabha on Monday that there is no proposal before the government to recognise Bitcoin as a currency. In a written reply in the Lok Sabha, Sitharaman said the government does not collect data on Bitcoin transactions. To a question on whether the government has any proposal to recognise Bitcoin as a currency, Sitharaman said, “No,

Bitcoin trading over $69000 and Ether over $4,850 for the first time ever in the history On 10th November 2021, World's largest cryptocurrency made history by making a new all time high of $69,000. Now experts are eyeing on the new milestone of $75,000 - $86000 in coming months. If we look at the rally of 2013 and 2017, the 2nd week of November was good for bitcoin and we have seen green weekly candles in both the years. At the time of writing, Bitcoin price was trading at $6

Bitcoin trading over $67,500 for the first time ever in the history On 9th November 2021, World's largest cryptocurrency made history by making a new all time high of $67,500. Now experts are eyeing on the new milestone of $75,000 - $86000 in coming months. If we look at the rally of 2013 and 2017, the 2nd week of November was good for bitcoin and we have seen green weekly candles in both the years. At the time of writing, Bitcoin price was trading at $67,570. Last year on 12

#Bitcoin #Ether #BNB

Bitcoin trading over $66000 for the first time ever in the history On 20 October 2021, World's largest cryptocurrency made history by making a new all time high of $66,000. Now experts are eyeing on the new milestone of $75,000 - $86000 in coming months. Last year on 12 March 2020, Crypto market faced a major crash due to the covid 19 pandemic and uncertainty of the future. Bitcoin came down more than 38% in a single day. Things changed in the crypto world and now bitcoin has

Again Tesla CEO tweets tumbled the whole cryptocurrency market The cryptocurrency market felt the heat on Friday following a couple of tweets from Elon Musk that seemingly celebrates the Tesla CEO's ability to manipulate the price of BTC and in result BTC immediately dropped more than 5%. The price of ETH dropped by more than 6%, while Musk favourite DOGE dropped by more than 14%. According to multifactorial analysis, the market is no longer extremely fearful. People in the c

Most of the cryptocurrency market remains in a place of confusion and fear as an exceptionally volatile last month comes to an end. After showing some recovery in the last day of the month, the cryptocurrency market is trading relatively flat, with its total market capitalisation nearly $1.6 trillion. The price of market two major cryptocurrencies BTC and ETH are up by 0.54% and 3.75%, respectively. ADA, BNB and XRP are a notable standout among top altcoins leaving behind dog

After a long week of volatility, crypto market tuned into red At the end of the week, the whole crypto market is bleeding. Nearly every cryptocurrency coin and token is down today as sellers take profits on the bounce before the weekend. The price of bitcoin and ether have dropped by 8% and 10%, respectively. Many other altcoins are seeing two digit declines such as BNB, MATIC ICP and LINK. Today's panic came with an increase in fear, as per multifactorial crypto market senti

After a long week of volatility, crypto market tuned into green Cryptocurrency market has shown a strong recovery today after last week's crypto bloodbath. Bitcoin price again touched the important psychological mark of $40,000. Over the past 24 hours, both the total crypto market capitalisation and the price of bitcoin are up more than 8%, while the price of ether is up nearly 12%. Leading from the front, top altcoins like matic and link are up by 38.2% and 27.1% respective

A new normal for Bitcoin to hit all time high On 13 March 2021, World's largest cryptocurrency made history by making a new all time high of $60,000. Now experts are eyeing on the new milestone of $75,000 in coming months. Last year on 12 March 2020, Crypto market faced a major crash due to the covid 19 pandemic and uncertainty of the future. Bitcoin came down more than 38% in a single day. Things changed in the crypto world and now bitcoin has grown to $60000 from $4500 last

Bitcoin Hits $54,000 as Elon Musk backs crypto against fiat On 19 February 2021, World's largest cryptocurrency made history by making a new all time high of $54,000 on Bitmex and on many other exchanges almost touched over $53,900. Bitcoin also made history today with hitting the milestone of $1 Trillion market cap leaving behind many companies' market cap and countries GDP. Bitcoin market cap is now over many big countries GDP's like Saudi Arabia ( $0.8 T GDP) and Switzerla

A new normal for Bitcoin to hit all time high On 16 February 2021, World's largest cryptocurrency made history by making a new all time high of $50,000 on Bitmex and on many other exchanges almost touched $50,000. Many experts are saying that we might see the milestone of $60,000 in coming months. One of the major factors which might be pushing bitcoin price higher is Morgan Stanley’s $150 billion Counterpoint Global investment unit known for its prowess for growth stocks is

A new normal for Bitcoin to hit all time high, Heading towards the milestone of $50,000 On the day of love, 14 February 2021, World's largest cryptocurrency made history by making a new all time high of $49,400 on many stable coins pairs like USDT, BUSD etc. on all the major exchanges. Many experts are saying that we might see the milestone of $50,000 soon. One of the major factors which might be pushing bitcoin price higher is Morgan Stanley’s $150 billion Counterpoint Globa

Tesla will also accept Bitcoin as a payment in near future #ElonMusk #Bitcoin #Tesla