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Cryptocurrency
Cryptocurrency Market Cap Crosses $1 Trillion As Bitcoin Soars Above $40,000
January 08, 2021 05:31 AM EST| By Kunal SawhneyBlockchain-based cryptocurrencies are rallying on Wall Street as investors display confidence over Bitcoin as a sustainable asset. The world’s most prominent cryptocurrency soared over a record US$ 40,000 on Thursday, doubling in valu.....
Euphoria in Bitcoin continues as it surged past US$40,000
January 07, 2021 04:23 PM EST| By Team Kalkine MediaThe euphoric rally in Bitcoin continues to make new all-time highs with every passing day. On 7 January 2021, Bitcoin surged past an unbelievable US$40,000 mark after rallying by more than US$3,000. It’s been hardly a week into 2021 and Bitco.....
UK’s Crypto Derivatives Ban Effective Now: 10 Key Things to Know
January 07, 2021 09:43 AM EST| By Team Kalkine MediaUnited Kingdom’s Cryptocurrency derivatives ban to the retail customers has come into effect from 6 January Now any organisation offering such services to retail customers should be considered as a scam The UK capital market regulator F...
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Bitcoin Hits Another Milestone, Crosses US$35,000-Mark
January 06, 2021 03:06 AM EST| By Team Kalkine MediaBitcoin has yet again set a new price record, breaching the US$ 35,000-mark on January 6, 2021. After crossing US$ 34,000 on January 3, the crypto giant tumbled approximately 17 per cent on January 4, displaying volatility. It was highest single day...
JP Morgan bets on Bitcoin’s win over Gold, predicts $146,000 level for Bitcoin
January 05, 2021 08:49 PM EST| By Hina ChowdharyBitcoin’s Gigantic rally which picked up steam during the last quarter of 2020 and ultimately surpassed its historic $20,000 mark, is now catching Wall Street's attention. The investment banking giant, JP Morgan Chase & Co (NYSE: JPM) has.....
Gold Hits 2-Month High As Dollar Slackens, Bitcoin Rally Loses Steam By 3%
January 05, 2021 06:16 AM EST| By Team Kalkine MediaSummary Gold touched its highest point in about two months on Monday, January 4, crossing the US$ 1,946 an ounce mark. Monday’s advance was reportedly the biggest yearly jump gold saw in the last 10 years. Bitcoin Canadian Dollar (BTC/CA.....
Bitcoin, Ethereum, Dogecoin & Ripple: How Are Cryptocurrencies Faring?
January 04, 2021 06:55 AM EST| By Hina ChowdharyCryptocurrencies are rallying worldwide, led by the unprecedented surge in Bitcoin, which outperformed all asset classes in 2020. The largest cryptocurrency breached US$ 34,000-mark on January 3, jumping by 7.8 per cent within 24 hours. Meanwhile, t...
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Bitcoin Hits New Record High, Sails Past USD 30,000
January 03, 2021 10:20 PM EST| By Hina ChowdharyBitcoin has started the year 2021 with quite a show after prices of the digital currency climbed the price ladder swiftly to surpass the level of USD 30,000 and establish a record high of USD 34,253.0 on Bitfinex (as on 3 January 2021). Image Sour...
What All To Expect From Cryptocurrencies In 2021?
January 02, 2021 08:40 AM EST| By Team Kalkine MediaIn yet another milestone, Bitcoin breached US$ 29,000-mark on the second-last day of 2020. The cryptocurrency’s price has soared four times this year. Currently, just a fraction of investors and millennials know about some of the famous crypto...
Bitcoin in 2020 - A Year of Low Interest Rate, Quantitative Easing, And Economic Drop-Off
January 01, 2021 08:41 AM EST| By Kunal SawhneyBitcoin has been the top performing asset of the year 2020 with its blistering price run being primarily supported by large institutional purchases. It has delivered a superior price return of more than 230 per cent on a YTD basis, outperforming all...
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Bitcoin Shifting Value Proposition
December 31, 2020 02:58 AM EST| By Mark O'DonnellIn 2017-18, the crypto asset market was booming. By the closure of 2017, the market capitalisation stood at 566 Billion USD, up from 17 Billion one year prior. The boom was fuelled largely by the proposition that crypto assets (and their underlying t...
Bitcoin’s Winning Streak Continues, Surpasses $28,500-Mark
December 30, 2020 08:25 AM EST| By Kunal SawhneyBitcoin is drawing an end to 2020 with a bang. The giant cryptocurrency once again created history by soaring above US$ 28,500-mark on Wednesday, December 30. The virtual coin has gained nearly 47 per cent this month. Consequently, Bitcoin is now exp...
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Another Shock for Ripple Investors, Coinbase to Suspend XRP Ahead of IPO
December 28, 2020 11:13 PM EST| By Team Kalkine MediaXRP is once again in the news after cryptocurrency exchange – Coinbase Inc. said that it would suspend the trading of XRP in the wake of a recent lawsuit filed by the United States Securities and Exchange Commission (SEC). To Know More, Do Rea...
SEC Files Lawsuit Against XRP, How is the Crypto Space Panning Out?
December 28, 2020 08:48 PM EST| By Hina ChowdharyThe crypto space is inundated with a series of both good and bad news. Bitcoin is witnessing large buying interest and hitting a fresh all-time high while civil suits are being filed against Ripple. SEC Files Civil Suit Against XRP for Breaching Inv...
FinTech Firm Mogo Bets Big On Bitcoin, To Invest C$1.5M
December 23, 2020 09:47 AM EST| By Hina ChowdharyDigital financial firm Mogo Inc. (TSX: MOGO) Wednesday announced that it intends to buy up to C$ 1.5 million bitcoin in an initial corporate investment. The fintech firm is expected to make further investments in 2021, as it monetizes its existing C$...
As demand soars, Bitcoin’s price reaches an all-time high
December 21, 2020 07:52 PM EST| By Edita Ivancevicwarn that Bitcoin’s high volatility could also take a downturn at any time. Many financial experts had predicted Bitcoin would reach its all-time high worth by the end of this year. The cryptocurrency reached a whopping US$23,770.85 earl....
What Is Dogecoin & Why Is Elon Musk Tweeting About It?
December 21, 2020 06:43 AM EST| By Kunal SawhneyMeme-inspired cryptocurrency Dogecoin, or ‘Doge’, soared in the markets after Tesla (TSLA: US or NASDAQ: TSLA) CEO Elon Musk gave it shout-out while lambasting the rising bitcoin in a series of tweets. The tweets came after crypto gian.....
FCA Calls on Investors to Pull Out Their Money from Unregistered Crypto Asset Firms
December 18, 2020 05:09 PM EST| By Kunal SawhneyBritish financial regulator Financial Conduct Authority (FCA) is expected to go hard on unregistered crypto-asset firms. The FCA has urged the investors to pull out their investments from unregistered firms at the earliest. The FCA on Wednesday sa.....
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Coinbase Files For IPO In First For Cryptocurrency Exchange
December 18, 2020 04:55 AM EST| By Team Kalkine MediaCryptocurrency exchange, Coinbase Inc, announced on December 17 that it has secretly filed for a public offering on the U.S. Securities and Exchange Commission (SEC), becoming the latest in high-profile startups to follow an IPO route in 2020. If .....
Bitcoin surged to an all-time high of US$23,700, High traffic crashed exchanges
December 17, 2020 09:26 PM EST| By Team Kalkine MediaOn 16 December 2020, Bitcoin rose to the record high of US$21,569, surpassing the much-awaited level of US$20,000 for the first time in its history. However, the rally didn’t stop there and continued all the way to US$23,776 as of 17 December.....
