Blockchain & crypto news from India
According to a research report published on April 15, the South Korean won has emerged as the world’s most-traded fiat currency against cryptocurrencies in the first quarter of 2024. The report reveals that the won accounted for a whopping $456 billion worth of trading volume on centralized crypto exchanges, surpassing the trading volume of $455…
Deutsche Bank’s latest survey on Bitcoin has revealed a noteworthy shift in consumer sentiment towards the world’s leading cryptocurrency. While the survey results show that skepticism among consumers has decreased slightly, it still remains a cause for concern. Interestingly, the survey found that less than one-third of the respondents believe that Bitcoin’s price will experience…
The prices of Bitcoin continued dropping on March 15 after days of rallying and reaching and even reaching an all-time high. The cryptocurrency market experienced its most significant decline of the year, with a 7% drop in market capitalization. Bitcoin (BTC) plummeted by 8% over the past 24 hours, erasing weekly gains and initiating a…
On Wednesday, Bitcoin surged to the highest it has been to since November 2021. It rose to just above $64000, before the prices started falling again. The bulls as well as the bears of the market were stunned by the sudden and steep movement in the prices. Bitcoin has risen by more than 20% in…
The latest report from blockchain analysis firm Chainalysis has shed light on the fact that the crypto industry is still grappling with the issue of cybercrimes. According to the report, darknet markets are one of the two categories that have seen an uptick in revenue in 2023. This means that despite the best efforts of…
The implosion of FTX has not only affected investors who kept their funds on the exchange, but also the wider crypto investing circles. Genesis, described in the past as the “Goldman Sachs of crypto”, is feeling the heat and has suspended withdrawals. However, those tracking on-chain flow of cryptocurrencies point out to positive signals based…
The crypto winter is slowly fading away, and at least one crypto whale has sprung into action. Blockchain.com, which offers wallet and exchange services, is reported to have transferred 74,105 Bitcoins worth over $1.5 billion. A crypto whale is an entity that holds over 10% of the total coins available. In terms of Bitcoins, anyone…
The cryptocurrency markets is showing signs of life, though some describe the current range-bound prices as making for a rather trading experience. For the first time since the Merge, the price of Ether went above $1600. The uptick could be the result of some positive news of abatement in rise in interest rates. Cointelegraph in…
When the Federal Open Market Committee (FOMC) announces an increase in interest rates, the stock and the crypto market respond accordingly by taking a bearish decline. Investors and financial observers watch out for the FOMC meeting because it may affect their position in the financial market. This article explains what the FOMC does and how…
The Wintermute hack is the latest bug exploit that adds more booty to the overall tally of $1.9 billion worth of cryptocurrencies stolen in 2022. The UK based exchange operates in the De-Fi space, where market makers like Wintermute provide liquidity to big exchanges. Wintermute now owes millions to its debtors. Crypto wallets and addresses…