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Bitcoin rebounds from sharp slump triggered by Iran’s attack on Israel | Cryptocurrency

Bitcoin rebounds from sharp slump triggered by Iran's attack on Israel | Cryptocurrency

[ad_1] 3 min read Last Updated : Apr 14 2024 | 3:46 PM IST By Muyao Shen and Sidhartha Shukla Bitcoin recovered from the steepest selloff in more than a year, an early indication of impending volatility across asset markets as investors digest the prospects of a military escalation in the Middle East. … Read more

Soft or no landing? US Fed’s economic picture becomes complicated | World News

Soft or no landing? US Fed's economic picture becomes complicated | World News

[ad_1] 4 min read Last Updated : Apr 12 2024 | 12:08 AM IST The US seemed headed for an economic fairy-tale ending in late 2023. The painfully rapid inflation that had kicked off in 2021 appeared to be cooling in earnest, and economic growth had begun to gradually moderate after a series of … Read more

Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin | Cryptocurrency

Business Standard

[ad_1] The CoinDesk Indices Computing Index, which includes AI-linked tokens, has leapt over 165% over the past 12 months, outpacing even bitcoin’s 151% rise to record levels. The artificial intelligence boom has hit the crypto market with a bang. Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven … Read more

Indian cryptocurrency exchanges hope for revival in Bitcoin rally | Cryptocurrency

Business Standard

[ad_1] The Indian crypto industry and investors are looking for a revival as the price of bitcoin is heading towards its all-time high level of $69,000. The market in India has been dormant since the new tax regime came into force last year. The recent rally has been swift. Bitcoin price has increased from … Read more

Bitcoin nears $64,000, experts say it may beat previous high before halving | Cryptocurrency

Business Standard

[ad_1] Bitcoin has gained nearly 20 per cent in the last week, owing to increasing interest around its exchange-traded funds (ETFs) and the upcoming halving. In 2024 so far, the largest cryptocurrency by market cap has surged around 40 per cent. The token currently dominates the crypto market with a 53 per cent share … Read more

High institutional demand, supply shock could boost Bitcoin further | Personal Finance

Business Standard

[ad_1] Premium Bitcoin (Photo: Bloomberg) The price of Bitcoin has surged from $24,327 to approximately $52,088 over the past year, more than doubling in value. Although there is still a chance to profit from the ongoing rally, it is important to approach this asset cautiously.   Spot ETF launch driving rally  … Read more