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Latest Updates on Bitcoin
With market indicators in red, is the end of the bitcoin winter nigh?
Bitcoin is drawing strength from the rest of the crypto market, for example, its relative stature providing some comfort for investors fleeing altcoins
 "With market indicators in red, is the end of the bitcoin winter nigh?")
'Coin' in Bitcoin name doesn't make it money, warns IMF chief Georgieva
Anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.
 "'Coin' in Bitcoin name doesn't make it money, warns IMF chief Georgieva")
Small investors lose faith and savings in cryptocurrencies after sell-off
Cryptocurrencies are subject to patchy regulation across the world, with traders of bitcoin and the panoply of smaller tokens typically unprotected against price slumps
 "Small investors lose faith and savings in cryptocurrencies after sell-off")
Crypto price collapse offers hope for slowing climate change: Here's how
Prices for the largest cryptocurrencies, bitcoin and ethereum, have both dropped by over 55% in six months, leading some to suggest that regulation is needed to contain the turmoil.
 "Crypto price collapse offers hope for slowing climate change: Here's how")
Bitcoin edges past $30,000-mark as traders assess stablecoin fallout
The world's largest cryptocurrency rose 2% to about $30,500 as of 9:08 a.m. in London. Other coins from Ether to Avalanche also posted modest gains.
 "Bitcoin edges past $30,000-mark as traders assess stablecoin fallout")
Bitcoin back below $30,000; European regulators warn about crypto risks
Bank of France Governor Francois Villeroy says crypto assets could disrupt the international financial system.
 "Bitcoin back below $30,000; European regulators warn about crypto risks")
Crypto mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporated
The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion -- created to defend and support the TerraUSD (UST) stablecoin which saw a total crash
Bears tighten grip on cryptocurrency market after spell of volatility
Prices crashed, exchanges facing liquidity issues
 "Bears tighten grip on cryptocurrency market after spell of volatility")
Crypto world stabilizes after rocky week shakes dollar-pegged stablecoins
Bitcoin, the largest cryptocurrency by market value, last rose 4.85% to $29,925, rebounding from a December 2020-low of $25,400 which it hit on Thursday
 "Crypto world stabilizes after rocky week shakes dollar-pegged stablecoins")
Cryptocurrencies stabilise, bitcoin rallies after stablecoin collapse
Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates.
 "Cryptocurrencies stabilise, bitcoin rallies after stablecoin collapse")
Crypto collapse intensifies as stablecoin Tether slides below dollar peg
The sell-off has taken the combined market value of all cryptocurrencies to $1.2 trillion, less than half of where it was last November, based on data from CoinMarketCap
 "Crypto collapse intensifies as stablecoin Tether slides below dollar peg")
Over $200 billion wiped off cryptocurrency market in a day: CoinMarketCap
Bitcoin plunged by as much as 10 per cent in the last day to its lowest level since December 2020, while Ethereum dropped as much as 16 per cent
 "Over $200 billion wiped off cryptocurrency market in a day: CoinMarketCap")
Top headlines: Retail inflation soars to 7.79% in Apr; L&T Q4 net rises 10%
Business Standard brings you the top headlines on Thursday
 "Top headlines: Retail inflation soars to 7.79% in Apr; L&T Q4 net rises 10%")
Mayhem in crypto market as Bitcoin dips below $30,000-mark, investors panic
The overall global cryptocurrency market dropped 13 per cent, and was hovering around $1.37 trillion market cap, which is its lowest this year
 "Mayhem in crypto market as Bitcoin dips below $30,000-mark, investors panic")
Bitcoin falls to 22-month low of $31,763 as stock markets tumble
Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling.
Cryptocurrencies in free fall after biggest Fed rate hike in two decades
On Sunday, Bitcoin was hovering around $34,400 and ethereum, which is the second largest cryptocurrency, plunged 4.8 per cent to $2,545.
 "Cryptocurrencies in free fall after biggest Fed rate hike in two decades")
Wikimedia Foundation discontinues accepting cryptocurrencies as donation
The WMF began accepting Bitcoin, Bitcoin Cash and Ethereum donations in 2014
 "Wikimedia Foundation discontinues accepting cryptocurrencies as donation")
Now, Central African Republic says Bitcoin is its official currency
The country is following the lead of El Salvador, which in September became the first nation to introduce Bitcoin as legal tender
Cryptoverse: Ether prepares for epic 'merge' in quest to eclipse bitcoin
The anticipation had supported ether this year, even as inflation and monetary tightening shackled bitcoin
Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799
The second-biggest coin, Ether, slumped to $2,799, a level not seen since March 18
