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Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst

There were signs that a top was near, from the Coinbase IPO to Elon Musk on Saturday Night Live. But the cryptocurrency has risen from the dead before

Bitcoin carnage: It is too soon to say cryptocurrency bubble has burst
Updated On : 20 May 2021 | 9:47 PM IST
Updated On : 20 May 2021 | 8:17 PM IST

Bitcoin's star backers, dip buyers help cryptocurrencies recover

Analysts said the upheaval was far from over.

Bitcoin's star backers, dip buyers help cryptocurrencies recover
Updated On : 20 May 2021 | 4:31 PM IST

Bitcoin struggles for footing on concern over tighter regulations in China

Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January.

Bitcoin struggles for footing on concern over tighter regulations in China
Updated On : 20 May 2021 | 2:00 PM IST
Updated On : 20 May 2021 | 10:17 AM IST

Stock markets struggle as taper talk, crypto crash put markets on edge

Stock markets struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed

Stock markets struggle as taper talk, crypto crash put markets on edge
Updated On : 20 May 2021 | 9:16 AM IST

Cryptocurrency crash will support rally in gold: Bhavik Patel of Tradebulls

We are bullish on gold and expect gold to test Rs 48,800- Rs 49,400 this week

Cryptocurrency crash will support rally in gold: Bhavik Patel of Tradebulls
Updated On : 20 May 2021 | 8:14 AM IST

Bitcoin crashes back to earth after roller-coaster ride: A bust or a buy?

The two main digital currencies, bitcoin and ether, fell as much as 30 per cent and 45 per cent respectively

Bitcoin crashes back to earth after roller-coaster ride: A bust or a buy?
Updated On : 20 May 2021 | 7:32 AM IST

Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout

Bitcoin is now down more than 50 per cent from its record of almost $65,000 set in April

Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout
Updated On : 19 May 2021 | 11:51 PM IST

Top headlines: Bitcoin plunges to $30,066; IOC returns to profit in Q4FY21

Business Standard brings you the top headlines this evening

Top headlines: Bitcoin plunges to $30,066; IOC returns to profit in Q4FY21
Updated On : 19 May 2021 | 9:24 PM IST

More drops in Big Tech pull stocks lower; Bitcoin drops another 20%

US stocks are opening broadly lower, extending a weak streak into a third day.

More drops in Big Tech pull stocks lower; Bitcoin drops another 20%
Updated On : 19 May 2021 | 8:33 PM IST

Bitcoin plunges to $30,066; crypto market cap losses nearly $1 trn

The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services

Bitcoin plunges to $30,066; crypto market cap losses nearly $1 trn
Updated On : 19 May 2021 | 7:19 PM IST

Bitcoin slides below $40,000 after China's ban on cryptocurrency services

The cryptocurrency has tumbled 40 per cent from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.

Bitcoin slides below $40,000 after China's ban on cryptocurrency services
Updated On : 19 May 2021 | 6:40 PM IST

Futures fall as technology stocks lag ahead of US Federal Reserve minutes

The yield on 10-year Treasury notes touched a one-week high, driving down shares of Apple Inc, Microsoft Corp and Facebook Inc by about 1 per cent premarket.

Futures fall as technology stocks lag ahead of US Federal Reserve minutes
Updated On : 19 May 2021 | 5:57 PM IST

Asian shares slip, bitcoin extend losses as inflation worries linger

Also weighing on digital coins was a new Chinese ban on financial institutions providing services related to cryptocurrency transactions

Asian shares slip, bitcoin extend losses as inflation worries linger
Updated On : 19 May 2021 | 9:23 AM IST

Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets

The value of a crypto depends solely on the equation between supply and demand, and demand is driven solely by sentiment

Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets
Updated On : 19 May 2021 | 6:10 AM IST

Bitcoin is the most crowded trade globally, says BofA Fund Manager Survey

Inflation is now counted as the biggest risk for markets with 35 per cent of FMS investors agreeing to this, followed by taper tantrum (27 per cent) and asset bubble (15 per cent)

Bitcoin is the most crowded trade globally, says BofA Fund Manager Survey
Updated On : 18 May 2021 | 11:57 PM IST

Buyers beware as 'altcoin' frenzy bruises bitcoin's market share

Dogecoin last week jumped about 25% after Musk said he was working with its developers to boost its efficiency.

Buyers beware as 'altcoin' frenzy bruises bitcoin's market share
Updated On : 18 May 2021 | 8:17 PM IST

Scammers impersonating Elon Musk steal more than $2 mn in cryptocurrency

Over the last six months, consumers have lost over $2 million in cryptocurrency to scammers impersonating Tesla and SpaceX CEO Elon Musk, according to the Federal Trade Commission (FTC)

Scammers impersonating Elon Musk steal more than $2 mn in cryptocurrency
Updated On : 18 May 2021 | 1:20 PM IST

Digital cash could make inflation worse if central banks aren't cautious

Central banks in China and Sweden have fairly advanced plans to introduce currencies in electronic form for retail use.

Digital cash could make inflation worse if central banks aren't cautious
Updated On : 17 May 2021 | 4:28 PM IST