Bitcoin can benefit from some of the instability which will likely befall the dollar and euro as a result of worsening international tensions, says an expert
Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday
Other digital coins including ether and XRP saw solid gains as well
Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine
The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.
Come Back Alive, a Ukrainian NGO that raises crypto funds for the Ukrainian army, received more than $400,000 worth of digital tokens in the past day
The traditional safe haven gold, meanwhile, surged to the highest level since early 2021 on Thursday
The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday
Prices have surged to the highest since the start of June on escalating tensions between Russia and the West over Ukraine
The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second
Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level
Bitcoin was trading around $40,500, around a two-week low, after a tumble late on Thursday left it down 7.6% on the day
Senators asked the State Department to submit a report on the implementation of bitcoin in El Salvador with the purpose of assessing the risks it poses to the US economy
As of the end of 2021, stolen funds account for 93 per cent of all criminal balances, at $9.8 billion.
The recent guidance by the US on transaction reporting by crypto companies is shining some light on staking - one of the least understood but hottest corners of the digital-asset world.
The pair is accused of conspiring to launder 119,754 bitcoin stolen after a hacker broke into Bitfinex and initiated more than 2,000 unauthorized transactions
The world's largest cryptocurrency hit $41,983, taking gains from Thursday's lows to nearly 16%, and marking a 27% rise from the year's low of $32,950.72 on Jan. 24
Bitcoin rose as much as 3.4% to $38,221, while Ether rallied as much as 7.1% to $2,850.
A police constable accused of kidnapping a local cryptocurrency trader and demanding Bitcoin ransom worth $40 million has been arrested along with seven accomplices
The largest cryptocurrency by market value has notched only about a dozen up days this month