Total assets under management (AUM) in the industry slipped to $29.7 billion as of Jan. 22, from an all-time peak of $34.4 billion on Jan. 8
Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.
Digital coin set for one of its worst weeks since March 2020
The cryptocurrency saw its sharpest fall since September last year
Rolling outages left millions without electricity for hours
The world's most popular cryptocurrency Bitcoin was last down 10.6% at $31,724. It has lost about 27% of its value after touching a record $42,000 on Jan. 8
The world's most popular cryptocurrency continued to retreat from the $42,000 record high hit on January 8
The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin
Bitcoin slumped $30,699, its lowest since January 5, after extending earlier losses in Asian trading hours and was last down 15 per cent at $32,675.
Cryptocurrencies plunged on Monday, with bitcoin dropping more than 12% to a one-week low as rising US yields lifted the dollar broadly and hurt non-income paying assets
With mounting allegations of cryptocurrency fraud and many aggrieved citizens approaching courts, experts say the need for a regulatory mechanism is urgent
London-based Marex Spectron Group is selling a structured product known as an autocallable to people with at least $200,000 to invest, according to a term sheet
The world's most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session
Tata Consultancy Services (TCS) hit a record high of Rs 3,127.55 apiece in the intra-day trade and closed 3 per cent higher ahead of the announcement of Q3FY21 results
First it went through $20,000. Then 10 days later, it broke through $25,000, and then it crossed $30,000. Now only a few days into 2021, the price of bitcoin has crossed $40,000
Cryptocurrency market cap now at five times its year-ago level
Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows
"Bitcoin's competition with gold has already started in our mind," the Wall Street bank's strategists said in a note
A range of factors have been cited for Bitcoin's ascent, showing how hard it is to pinpoint the proximate cause for the latest bout of volatility
Here's a selection of Business Standard opinion pieces for the day