Blockchain & crypto news from India
On August 16, Bitcoin exhibited a lackluster performance at the opening of Wall Street. The price of BTC remained within a narrow range, failing to show any significant movement, while simultaneously, the gold market reached new record highs. Bitcoin managed to avoid revisiting the lows of $56,000 from the previous day, but it did not…
The recent downturn in the cryptocurrency market has been connected to significant selling activity by Jump Trading. These findings were reported by QCP Group, an influential digital asset trading group based in Singapore. In the 24 hours preceding 11:20 am UTC, the value of Ether (ETH) experienced a significant decline, plummeting by over 21% to…
On July 5th, the Bitcoin mining difficulty experienced a significant decrease of over 5%, hitting a quarterly low of 79.50 terahashes (79.5T). This reduction represents the most substantial drop since March, when the difficulty briefly dipped below the 80T mark. During the period between March and May, the difficulty showed a remarkable increase, reaching an…
The Financial Services and Regulatory Committee (AFSA) of Kazakhstan has given its approval for the trading of Toncoin (TON) on regulated exchanges. This decision comes after an audit that confirmed the digital asset’s compliance with the financial regulator’s listing criteria. Toncoin has been added to the list of 107 cryptocurrencies approved by the government of…
In recent findings, on-chain data revealed that the amount of active Bitcoin addresses has hit a historic low not seen since November 2010. Throughout June, the weekly active wallet ratio experienced a decline, hitting a low of 1.22% and peaking at 1.32%. Notably, the highest ratio for the month was last recorded in November 2010….
On June 25, United States-based spot Bitcoin exchange-traded funds (ETFs) experienced a significant turnaround following a week of consecutive net outflows. Data from SoSo Value shows that after seven days of outflows totaling $1.1 billion, the ETFs saw a notable reversal, with net inflows reaching $31 million. On Tuesday, June 25th, the Fidelity Wise Origin…
On June 18, 2021, data sourced from the NFT tracking platform CryptoSlam indicated that the Bitcoin network has surpassed the Ronin blockchain, securing the third position in the all-time non-fungible token (NFT) sales rankings. The sales figures for Bitcoin-based NFTs reached an all-time high of $4,271,928,280, surpassing Ronin’s previous record of $4,271,675,550. As a result,…
MetaMask, a crypto wallet firm, has introduced a staking service that enables users to combine their funds and stake their assets in enterprise-grade validators operated by Consensys, a blockchain software company. This service allows MetaMask wallet users to stake their Ether without having to meet Ethereum’s high minimum requirement of 32 ETH, which is currently…
Bitcoin faced a significant downturn, plunging below the $67,000 mark as the markets reacted to the looming inflation report on June 11 at the beginning of the Wall Street trading session. According to data from Cointelegraph Markets Pro and TradingView, Bitcoin hit a new local low of $66,696 on Bitstamp, signaling the lowest point for…
On October 27, TokenFi, a multichain token, was introduced as the newest addition to the Floki ecosystem, garnering significant attention within the cryptocurrency community. This unique token is now open for trading on Uniswap and PancakeSwap, prominent decentralized exchanges, providing a seamless entry point for investors. Notably, TokenFi’s presence spans across both the Ethereum and…