Page 11 - Latest Updates on Bitcoin
Bitcoin breaks back above $50,000 as crypto market continues to rally
The largest cryptocurrency rose as high as $50,363 on Monday, having briefly surpassed $50,000 on Aug. 23 as well -- a level it hadn't hit since mid-May
 "Bitcoin breaks back above $50,000 as crypto market continues to rally")
Hottest cryptocurrencies are alternatives to Bitcoin and Ether
Cardano has doubled this month, becoming the third-largest digital asset. Binance Coin is also up. A token named Avalanche has tripled in August
 "Hottest cryptocurrencies are alternatives to Bitcoin and Ether")
NFTs supplant Rolexes and Lambos as the new digital savvy 'flex'
Non-fungible tokens, which allow holders of art and collectibles to track ownership, are staging a resurgence after fading from the headlines during Bitcoin's springtime swoon.
 "NFTs supplant Rolexes and Lambos as the new digital savvy 'flex'")
Bitcoin's 60% rally from July lows may be running out of steam
The largest cryptocurrency fell as much as 4.4% Thursday to $46,588, with other tokens including Ether retreating along with the Bloomberg Galaxy Crypto Index.
 "Bitcoin's 60% rally from July lows may be running out of steam")
El Salvador readies Bitcoin rollout with 200 ATMs for conversion
The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for 'cool,' President Nayib Bukele said on Twitter
 "El Salvador readies Bitcoin rollout with 200 ATMs for conversion")
Bitcoin price surges past $50,000 since May; rebound loses steam
Bitcoin has risen 81% since hitting a yearly low of $27,700 in January.
 "Bitcoin price surges past $50,000 since May; rebound loses steam")
Cardano's ADA token is now world's third-largest cryptocurrency
With the so-called ADA crypto jumping around 50% over the past week alone, optimism is rising that new technological enhancements will allow smart contracts on Cardano by its announced goal of Sept 12
 "Cardano's ADA token is now world's third-largest cryptocurrency")
Bitcoin's surge lacks extreme leverage that powered past rallies
The spread between Bitcoin futures and its spot price has shriveled relative to February, when cryptocurrency was in midst of a rally that ultimately reached an all-time high
 "Bitcoin's surge lacks extreme leverage that powered past rallies")
Global cryptocurrency market hits $2 trillion, Bitcoin surges again
The industry players on Friday said the surge in the market cap indicates a wider acceptance of crypto assets across the globe, including in India.
 "Global cryptocurrency market hits $2 trillion, Bitcoin surges again")
WazirX sees 2,648% growth in user sign-ups from tier-II, -III cities
Cryptocurrency exchange WazirX on Wednesday said it has recorded 2,648 per cent growth in user sign-ups from tier-II and -III cities of India
 "WazirX sees 2,648% growth in user sign-ups from tier-II, -III cities")
'DeFi' crime hits record high in first 7 months of 2021: CipherTrace
Losses from theft, hacks, and fraud in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the first seven months of the year
 "'DeFi' crime hits record high in first 7 months of 2021: CipherTrace")
BS Number Wise: Throttling innovation due to speculation may harm Bitcoin
Bitcoin is easily influenced by governments and whims and wishes of famous personalities and companies
 "BS Number Wise: Throttling innovation due to speculation may harm Bitcoin")
Ethereum software upgrade activated; ether, bitcoin down 4-5%
Ether was already lower on the day going into the technical adjustment
 "Ethereum software upgrade activated; ether, bitcoin down 4-5%")
Bitcoin tops $40,000 as traders get boost from high-profile investors
Traders drew confidence from recent positive comments about the cryptocurrency by high-profile investors
 "Bitcoin tops $40,000 as traders get boost from high-profile investors")
Bitcoin falls below $37,000 after Amazon's denial; Ether, Litecoin tumble
More than $950 million of crypto shorts were liquidated on Monday
 "Bitcoin falls below $37,000 after Amazon's denial; Ether, Litecoin tumble")
Bitcoin nears $40,000 as shorts fuel rally on Amazon speculation
The surge on Monday brought crypto markets back to life after they've been stuck in the doldrums for months
 "Bitcoin nears $40,000 as shorts fuel rally on Amazon speculation")
Bitcoin hits key level not seen since May amid Ark, Tesla CEOs' boost
Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week
 "Bitcoin hits key level not seen since May amid Ark, Tesla CEOs' boost")
Bitcoin extends gain after retaking closely watched $30,000 mark
The largest digital currency rose as much as 3.4 per cent and was holding at about $30,800
 "Bitcoin extends gain after retaking closely watched $30,000 mark")
Bitcoin climbs back over $30,000 as mood in financial markets fragile
Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile
Bitcoin slides below $30,000 level for the first time in a month
Some traders had viewed $30,000 as a key support that might open the way to more losses if breached
 "Bitcoin slides below $30,000 level for the first time in a month")
