After a surge in Bitcoin’s value on Monday following a major upgrade to its network, the cryptocurrency has plunged by over 6 per cent in the last 24 hours to below $61,000 on Tuesday.Several other leading cryptocurrencies, including Ethereum (ether), Solana (SOL), and Cardano (ada), as well as the meme coins dogecoin and shib inu,…
After a surge in Bitcoin’s value on Monday following a major upgrade to its network, the cryptocurrency has plunged by over 6 per cent in the last 24 hours to below $61,000 on Tuesday morning.Several other leading cryptocurrencies, including Ethereum (ether), Solana (SOL), and Cardano (ada), as well as the meme coins dogecoin and shib…
Satoshi Nakamoto, the pseudonymous creator of bitcoin, is now the 15th wealthiest person in the world after the cryptocurrency’s recent price rally.Nakamoto’s net worth is estimated to be up to $73 billion, with crypto holdings in the region of 750,000 to 1.1 million BTC. This ranks them above Walmart heirs Jim and Rob Walton, as…
Bitcoin has shot up in price at the start of the week following a major upgrade to its network.The cryptocurrency rose from below $63,000 to above $66,000 over the weekend to close in on the all-time high it experienced last week of close to $69,000.Ethereum (ether) also surged on Monday morning, returning above $4,700 after…
A price prediction model that puts bitcoin on track to hit six figures before the start of 2022 is “still in play”, according to its creator.Pseudonymous Dutch analyst PlanB first published the forecast in June when the price of BTC was below $34,000, and it has remained to within a few per cent of each…
The price of bitcoin (BTC) appears to be stabilising around the $66,000 mark after a mini flash crash on Wednesday brought it down from an all-time high of $68,742.Ethereum has also dropped in value from its Wednesday record high of $4,859 but currently appears to be stabilising around the $4,700 mark.The two most valuable cryptocurrencies…
US regulators are set to deliver a landmark ruling over a first-of-its kind exchange-traded fund (ETF) for bitcoin, which could open the crypto market up to billions of dollars worth of new inflow.The Securities and Exchange Commission (SEC) has until 14 November to approve or reject the VanEck Bitcoin ETF, which has been under review…
The price of bitcoin (BTC) and Ethereum (ETH) hit all-time highs on Wednesday of $68,742 and $4,859 respectively, before both suffered a mini flash crash.The two most valuable cryptocurrencies by market cap fell by around 5 per cent overnight but have since steadied on Thursday morning, with some leading figures celebrating the opportunity to “buy…
Religious leaders in Indonesia have forbidden Muslims from using bitcoin and other cryptocurrency.The National Ulema Council, which serves as the country’s authority on Shariah compliance, announced on Thursday that cryptocurrencies were haram as they contain elements of uncertainty, wagering and harm.Follow our live coverage of the crypto marketThe ruling does not serve as an official…
The price of bitcoin (BTC) and Ethereum (ETH) hit another all-time high on Wednesday, breaking the records that they set just a day earlier.Binance Coin is also less than $50 away from its all-time high of $690, while Solana is just $15 away from reaching its previous record of $260.Several other relatively large cryptocurrencies are…