Crypto Market Faces Correction: Bitcoin Nears $99,000, Altcoins Show Mixed Trends

09 Dec 2024

The cryptocurrency market appears to be entering a phase of price correction after Bitcoin surpassed the $100,000 mark (approximately Rs. 84 lakh) last week. On Monday, December 9, Bitcoin recorded a slight gain of around 0.35 percent on both national and international exchanges. At the time of writing, Bitcoin (BTC)...

Putin’s Bold Statement: Bitcoin’s Rise Is Inevitable Amid Decline Of The Dollar

05 Dec 2024

Russian President Vladimir Putin, while addressing the VTB forum "Russia Calling!" on Wednesday, reiterated that financial technologies are impossible to stop and that the use of cryptocurrencies is on top of the list. He said that the international financial environment will continue demanding efficiency and reliability, thereby resulting in the...

Bitcoin Soars Past $94,000: How Trump’s Latest Move Boosted Cryptocurrency

20 Nov 2024

Bitcoin surged to an all-time high of over $94,000, continuing its dramatic rise in the weeks following Donald Trump’s victory in the November 5 U.S. presidential election. According to a report by Reuters, the leading cryptocurrency was trading at $92,104 during Asian hours on Wednesday, November 20, after reaching its...

What Is It Kimchi Premium? What Are Its Legal Implications?

18 Nov 2024

Crypto trading remains a niche activity globally, largely attracting individuals with a high tolerance for risk. However, it has gained significant popularity in South Korea, where the volume of cryptocurrency trades has surpassed that of equities on the Kospi, the country’s main stock index. Due to strict currency controls and...

Bitcoin And Ether Plunge Amid US Recession Fears And Geopolitical Tensions

05 Aug 2024

Bitcoin and Ether experienced significant declines, reaching multi-month lows due to growing concerns about a potential US recession. Recent soft economic data has triggered a rush to safe-haven assets, impacting the cryptocurrency markets. Market Overview Cryptocurrency markets saw a surge earlier this year when the US Securities and Exchange Commission...

Delhi: Woman Loses Rs. 3 Crore In Crypto Theft; Phone Was On ‘Flight Mode’

27 Jul 2024

A woman from West Delhi lost Rs. 3 crore on July 4 while traveling abroad when her close friend, aided by two accomplices, stole 6 bitcoins (BTC) from her crypto mobile wallet, according to the police. The suspects, including the accused woman from Uttam Nagar and her two associates, committed...

Trump Urges Crypto Miners To Produce All Remaining Bitcoin In The USA

12 Jun 2024

Former President Donald Trump met with several Bitcoin miners at Mar-a-Lago on Tuesday evening, as reported by Matthew Schultz, the executive chairman of crypto mining company CleanSpark Inc. Schultz mentioned that during the meeting, Trump expressed his appreciation and understanding of cryptocurrency, noting that Bitcoin miners play a role in...

CoinEx Celebrates Bitcoin Pizza Day with Events and $5,200 in Prizes

24 May 2024

Happy Pizza Day! Today marks the anniversary of Laszlo Hanyecz's historic exchange of 10,000 BTC for two pizzas 14 years ago. To celebrate, CoinEx is hosting special events both online and offline worldwide. Cryptocurrency enthusiasts are invited to join and share a total prize of USD 5,200. Bitcoin Remains the...

Economist Daniel Lacalle on Bitcoin vs Dollar battle

04 Mar 2024

Renowned economist Daniel Lacalle expresses concerns regarding the future trajectory of the US dollar, attributing it not to cryptocurrencies like Bitcoin, but rather to fiscal policies. Lacalle highlights the alarming surge in national debt, now exceeding $34 trillion and growing by $1 trillion every hundred days. He contends that this...