[ad_1] NEW DELHI: Bitcoin topped $72,000 for the first time, advancing for a sixth straight day and taking gains this year to almost 70% on the back of massive inflows into US exchange-traded funds. The original cryptocurrency rose as much as 4% to $72,234 on Monday. Smaller tokens like Ether, Solana and Avalanche also advanced….
[ad_1] Bitcoin rallied to a record high on Friday in volatile trade, as crypto mania continued to sweep through the investment community.The leading cryptocurrency topped the $70,000 mark for the first time, boosted by investor demand for new US spot exchange-traded crypto products and expectations for global interest rates to fall.Billions of dollars have flowed…
[ad_1] 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. Currently, the cryptocurrency stands at $60,131, nearing its all-time high just…
[ad_1] Bitcoin hovered around $50,000 after briefly scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that cast doubt on the industry’s viability.The largest digital asset rose as high as $50,328 on Monday in the US and was trading at $49,980 as…
[ad_1] When Binance Holdings Ltd acrimoniously split with its Indian affiliate WazirX in 2022, the world’s largest cryptocurrency exchange looked near-invincible in the local market while WazirX was flailing. A government crackdown on offshore platforms has abruptly reversed the competitive dynamics. Since Indian authorities in late December began restricting access to Binance and other foreign…
[ad_1] Bitcoin surpassed $45,000 for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in the biggest token intensified.The cryptocurrency jumped as much as 5.2% to its highest level since April 2022 and traded at $45,443 as of 7am New York time. Other tokens also advanced…
[ad_1] NEW YORK: US prosecutors said they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange.In a letter filed on Friday night in federal court in Manhattan, prosecutors said the “strong public interest” in a prompt resolution of…