What is bitcoin halving and why does it matter?
The “miners” who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the... Key Points
The Tribune IndiaThe Science of Crypto Forensics Survives a Court Battle—for Now
A jury convicted Roman Sterlingov of money laundering this month. His defense team says it will appeal, saying the crypto-tracing technique at the heart of the case is “pseudoscience.” Key Points
WIREDbitcoin rises 7.15%, tops $70,000 again
Bitcoin prices: Most digital assets were higher Monday, with bitcoin gaining as much as 7.1% to $70,816. Key Points
Hindustan TimesIsn't bitcoin better than Argentinian peso, wonders Uday Kotak
When countries manage macro badly, savers move to protect the value of their savings. Traditionally it was gold. Now bitcoin too! While I am not convinced about bitcoin, would it not be better than the Argentinian peso with 276% inflation?, Kotak said on X. Key Points
Economic TimesThe fallacy of crypto as an alternative to fiat currency
The notion of cryptocurrency offering a solution to currency debasement is misplaced. As its volatility has shown, it is neither a useful store of value nor a reliable medium of exchange. Key Points
mint
What’s Behind the bitcoin Price Surge? Vibes, Mostly
The price of bitcoin has climbed to a new all-time high. But assigning the cryptocurrency a value is anything but trivial. Key Points
WIREDBitcoin's market cap surpasses silver, becomes eighth most valuable asset
Bitcoin had already exceeded the market cap of Meta, now valued at $1.23 trillion. The next target in Bitcoin's ascent is Alphabet, the parent company of Google, currently valued at just below $1.72 trillion. bitcoin enthusiasts are also eyeing gold, the world's most valuable asset, which boasts a market capitalisation of $14.7 trillion. Key Points
Economic Timesbitcoin zooms to fresh record high, tops $72,500. What's next?
Bitcoin has gained over 70% this year and most of the gains have come over the last few weeks. Meanwhile, the market capitalization of BTC has now reached $1.42 trillion, exceeding that of silver, which stands at $1.38 trillion. Key Points
Economic Timesbitcoin tops $72,000 for the first time as rally builds steam
Bitcoin raced to an all-time peak above $72,000 Monday as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. bitcoin won further support Monday after Britain's Financial Conduct Authority watchdog said it would join US regulators by allowing the creation of crypto-related securities. Key Points
Economic TimesIn Bitcoin's shadow, another cryptocurrency, Ether, stages its own rally
Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major cryptocurrency, Ether, has been enjoying its own meteoric rise. Bitcoin's rise has been well-documented, but Ether's has been even more impressive, surging almost 72 percent year to date in comparison to bitcoin's 61 percent rise. Key Points
Economic Times
bitcoin bounces beyond $64,000 as records beckon
The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds. Key Points
Economic TimesBank of America’s Merrill, Wells Fargo Offer bitcoin ETF Products For Clients
Bank of America Corp.’s Merrill arm and Wells Fargo & Co.’s brokerage unit are offering access to ETFs that invest directly in Bitcoin, underscoring the increasing acceptance of the products by mainstream firms. Key Points
mintbitcoin surpasses $60,000 for 1st time in two years. Why is it rising?
Bitcoin rose as much as 5.12% to $63,649 by 9:30 am (local time) in New York. Key Points
Hindustan TimesCrypto Mania Drives Record $520 Million Into BlackRock bitcoin ETF in a Single Day
Add this eye-popping statistic to the list of superlatives driving crypto’s latest boom cycle: A record $520 million stampeded into BlackRock Inc.’s bitcoin ETF in a single day. Key Points
mintbitcoin hits $60,000 as 'FOMO' rally gathers pace
Cryptocurrency News: bitcoin shattered expectations by hitting the $60,000 mark on Wednesday, a feat not seen in over two years. This surge is part of a larger trend, with a 42% price increase in February alone, marking its most significant monthly gain since December 2020. Read more about the rally and market dynamics. Key Points
Times Of India
bitcoin tops $57,000 mark for first time since late 2021
The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 a.m. Tuesday in Singapore. Bitcoins price has increased 33% since the turn of the year, extending a prolonged rally that has also stoked speculative appetite for smaller tokens like Ether and BNB. Key Points
Economic Timesbitcoin tops $55,000 price level for first time since late-2021
The largest digital asset added 1% to reach $55,112 as of 9:46 a.m. Tuesday in Singapore after a more than 5% advance in the US session. Key Points
Hindustan Timesbitcoin near $54,000 mark, the highest in two years
Bitcoin saw a rise of up to 3.5 percent, reaching $53,600. The last time it traded at this level was in December 2021 when it achieved an all-time high of almost $69,000 the preceding month. Key Points
mintYou Say bitcoin Is Digital Gold? Maybe It’s Digital Pearls
Almost every previously disruptive technology has ended up being disrupted. bitcoin could be too. Key Points
mintbitcoin Royalty Descends on the Satoshi Nakamoto Trial
Craig Wright has claimed for years to be Satoshi Nakamoto, creator of Bitcoin. This week in the UK High Court, Nakamoto's early collaborators took the stand. Key Points
WIRED
bitcoin surges to $50,000 for the first time since 2021
Cryptocurrency News: bitcoin has surged to $50,000 for the first time since 2021, marking a significant comeback for the cryptocurrency industry. Find out the factors contributing to Bitcoin's resurgence and the positive sentiment surrounding digital assets. Explore how the approval of spot bitcoin exchange-traded funds in the US and expectations of looser monetary policy have impacted its value. Key Points
Times Of IndiaCraig Wright Claims He’s bitcoin Creator Satoshi Nakamoto. Can He Prove It in Court?
A judge will determine whether computer scientist Craig Wright is the inventor of Bitcoin. The network's future may hang in the balance. Key Points
WIREDbitcoin market cap back above $1 trillion in broad crypto rally
Bitcoin's 21% year-to-date gain pushed its market capitalization above $1 trillion for the first time since December 2021, data from CoinGecko show. Ether rose 4.1% in London on Wednesday, and altcoins like Avalanche, Polkadot and Polygon also climbed. Key Points
Economic TimesTotal amount invested in bitcoin back above $1 trillion
Bitcoin's price reached $51,606 on Wednesday, its latest 25-month high and a rise of 4.1% on the day, taking the token's market cap to $1.005 trillion according to price platform Coingecko. The all-time high for bitcoin's market cap was $1.28 trillion hit in November 2021, according to Coingecko. The world's largest cryptocurrency has risen around 20% since the start of February, already set for its biggest monthly rise since October. Key Points
Economic Timesbitcoin hits $50k level for first time in more than two years
The cryptocurrency has risen some 15.7% so far this year, on Monday touching its highest since Dec. 27, 2021. At 1721 GMT, bitcoin was up 4.8% on the day at $49,826, having oscillated around the $50,000 mark. Key Points
Economic Timesbitcoin hits highest in more than two years
LONDON (Reuters) - bitcoin rose by 4% to $49,477.75 on Monday, its highest since December 2021. The cryptocurrency has risen some 15.7% so far this year, helped by regulators approving U.S. spot Key Points
ThePrintCraig Wright Claims He’s bitcoin Creator Satoshi Nakamoto. Can He Prove It in Court?
A judge will determine whether computer scientist Craig Wright is the inventor of bitcoin. The network's future may hang in the balance. Key Points
WIREDbitcoin falls to $40,000, at seven-week low amid bitcoin ETF launch
Bitcoin's value declines by 3.98% to $39,938.00, marking its lowest point since December 4. Key Points
mintInjective's INJ exhibits parabolic performance backed by technicals; Can bitcoin Minetrix disrupt?
India Business News: Read about the parabolic performance of Injective Protocol's INJ and the potential disruption caused by bitcoin Minetrix. Get insights into the price analysis and future prospects of these projects. Key Points
Times Of Indiabitcoin ETF approval: Can Indians also invest?
Like any investment, bitcoin ETFs come with their own set of pros and cons. However, one notable advantage is that investors can gain exposure to bitcoin through regulated entities, alleviating concerns about cryptocurrency storage. Key Points
Economic Times
Why Crypto Idealogues Won’t Touch bitcoin ETFs
The arrival of spot bitcoin ETFs in the US offers easy access to the masses. Purists will steer clear. Key Points
WIREDAsia stocks rally ahead of US CPI, Nikkei breaches 35,000
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rose on Thursday ahead of U.S. inflation data that could influence the Federal Reserve's thinking on rate cuts, while the crypto world got a boost Key Points
ThePrintDollar gains on yen, bitcoin edges up before expected SEC decision
By Karen Brettell NEW YORK (Reuters) -The dollar gained on the yen but dipped against the euro on Wednesday as investors waited on U.S. inflation data for fresh clues on when the Federal Reserve is Key Points
ThePrintUS SEC approves bitcoin ETFs in watershed for bitcoin, crypto market
The agency approved applications, including from BlackRock, Ark Investments and 21Shares, Fidelity, Invesco, and VanEck, among others, according to a notice on its website. Some products are expected to begin trading as early as Thursday. Key Points
Economic Timesbitcoin ETFs Have Arrived. Here’s Who Stands to Get Rich
The US approval of spot bitcoin ETFs, a new way to track the price of bitcoin, could trigger a gold rush for investors. But an exclusive cast of middlemen will earn big in the background, too. Key Points
WIREDDollar gains on yen, bitcoin slides after SEC hack
By Karen Brettell NEW YORK (Reuters) - The dollar gained on the yen but edged lower against the euro on Wednesday as investors waited on U.S. inflation data due on Thursday for fresh clues on when the Key Points
ThePrintbitcoin jumps above $45,000 for 1st time since April 2022
Bitcoin reached a 21-month peak at $45,488, showing a 154 per cent gain in the previous year – its strongest performance since 2020. As of the latest update, it was trading at $45,344, reflecting a 2.6 per cent increase. Key Points
India TodayFresh bitcoin Hype Shows Crypto Just Can’t Help Itself
After crashes, scandals, and SBF's guilty verdict, many hoped the crypto industry would grow up. Speculation around the arrival of a spot bitcoin ETF shows old hype dies hard. Key Points
WIREDbitcoin jumps 160% in 2023 amid roller coaster ride; What lies ahead for cryptocurrencies?
The cryptocurrency market has seen a roller coaster ride in 2023, but has generated profitable returns. bitcoin rose 160% this year, attracting institutional investors. Approximately $70.5 billion could flow into bitcoin in 2024. Key Points
mintYear-ender 2023: bitcoin outshines traditional markets
Bitcoin and Ethereum experienced significant gains, with Bitcoin's Year-to-Date growth reaching an impressive 160%. This upward trajectory reflected a clear shift in sentiment towards crypto assets. The market's growth throughout the year was characterized by organic and sustained development, positioning it favourably for the future, said Rahul Pagidipati, CEO of ZebPay. Key Points
Economic Times
Bitcoin’s ‘jet-fueled’ 16% six-day jump takes token past $44,000
For now bitcoin momentum is overshadowing any concerns that the surge is at risk of becoming too stretched. Smaller virtual currencies such as Ether, Avalanche and meme-crowd favorite Dogecoin have also been advancing. Key Points
Economic TimesDollar stems decline after heavy November selloff
By Rae Wee SINGAPORE (Reuters) - The dollar regained some ground on Tuesday and hovered near a one-week high against major peers, while bitcoin extended its momentum on optimism that U.S. regulators Key Points
ThePrintCrypto stocks surge as bitcoin hits fresh 2023 high
Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Key Points
Reutersbitcoin breaks $40,000 as momentum builds
The world's biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022. It was steady at $40,011 in thin trade early in the Asia day on Monday. Key Points
Economic Timesbitcoin hits $40,000 level for the first time since May 2022
Bitcoin surpasses $40,000 as interest-rate reductions and demand from exchange-traded funds drive the rebound. The token's 2023 jump reaches 142%. The Key Points
Times Of India
bitcoin brings $40,000 into view after more than doubling in a chaotic year
MicroStrategy Inc., the largest publicly-traded corporate holder of Bitcoin, last month bought $593 million more of the token, taking its pile to roughly $6.5 billion. Michael Novogratz, founder of Galaxy Digital Holdings Ltd., on Wednesday said bitcoin a year from now may reach its 2021 peak of almost $69,000. Key Points
Economic Timesbitcoin rally pushes token to highest level since May 2022
Bitcoin has risen more than 133% so far this year, outperforming gains in many other traditional sectors as investors favored exposure to riskier assets. Traders are optimistic that the US Securities and Exchange Commission might soon approve the countrys first exchange-traded fund tied directly to Bitcoin. Key Points
Economic TimesFresh bitcoin Hype Shows Crypto Just Can’t Help Itself
After crashes, scandals, and SBF's guilty verdict, many hoped the crypto industry would grow up. Speculation around the arrival of a spot bitcoin ETF shows old hype dies hard. Key Points
WIRED'Rat poison, will go to zero,' Charlie Munger's criticism of cryptocurrencies through the years
Munger’s criticism of bitcoin centered around its high volatility and the absence of regulatory frameworks. He described bitcoin as “disgusting” and “contrary to the interests of civilization.” Key Points
Business TodayWhy Stamping Out Crypto Bros Could Help Bitcoin
Binance’s landmark settlement with U.S. officials may clear the way for better exchange-traded funds based on the largest digital currency. Key Points
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Ark Investments sets 0.80% fee for proposed spot bitcoin ETF
ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge a fee of 0.80% on their proposed ARK 21Shares bitcoin exchange-traded fund (ETF) if cleared by regulators, according to a U.S. Securities and Exchange Commission (SEC) filing. Key Points
ReutersBinance Guilty Plea Shows What Crypto’s Really About
Skeptics have had their prejudices reinforced. The two main use cases—fraud and crime—have been exposed in dramatic fashion. Key Points
mintGlobal assets in spot bitcoin ETFs hit $4.16 billion - CoinGecko
Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total $4.16 billion, according to CoinGecko, a cryptocurrency data and analysis company. Key Points
ReutersU.S. SEC has 8-10 filings of possible bitcoin ETF products
The U.S. Securities and Exchange Commission (SEC) has eight to 10 filings of possible exchange-traded products for bitcoin in front of it for consideration, SEC Chair Gary Gensler said Thursday. Key Points
Reutersbitcoin tops $35,000, leaps to 2023 high on ETF bets
Bitcoin rose more than 6% to $35,198, its highest since May 2022. It had surged 10% on Monday in its best session for almost a year and its price has doubled in 2023. Key Points
Economic Times