BITCOIN UPGRADE
US stock market stages massive rally today, adds $1.5 trillion: 5 reasons why Dow Jones, S&P 500 and Nasdaq surge as AMD and Tesla jump while Nvidia sinks
US stock market rally today: Wall Street added $1.5 trillion in market value on Monday as technology and semiconductor stocks recovered from last week's sell-off. The Dow Jones jumped more than 1,000 points, the S&P 500 gained 2.17%, and the Nasdaq rose 2.51%. AMD and Tesla led major stock gains, but Nvidia fell nearly 5%
Who is North Korean Lazarus Group, how they stole $6.3 billion from world's biggest crypto exchange Binance from a single laptop in just 20 minutes?
North Korea's Lazarus Group is suspected of being behind a $6.36 billion cryptocurrency theft from Binance. Blockchain investigators have linked the attack to its associated unit TraderTraitor. The operation involved exploiting an Ethereum wallet authorisation feature, gaining control of a Binance hot wallet and transferring digital assets across 10 blockchains.
Stocks in news: Tata Group, Wipro, BEL, HAL, Petronet LNG and Bharat Forge
Indian equity benchmarks exhibited a mixed performance on Thursday, September 17, amid ongoing volatility. The Nifty 50 index experienced a modest increase, while the Sensex noted a slight decrease. Corporate developments drew attention to Tata Group firms and Wipro, with Bharat Electronics securing fresh orders and Petronet LNG initiating discussions for a joint venture. Other notable advancements came from HAL and Bharat Forge.
Dollar rises after Fed hikes rates in bid to counter inflation
The US dollar rises against major currencies after the Federal Reserve hikes interest rates and signals further tightening to tackle inflation. The dollar index reaches a nearly five-week high, while traders see an 80% chance of a Bank of Japan rate hike on Friday. Bitcoin remains steady after Tuesday's sharp fall.
'iPhone is no more competing with Samsung; it's competing with Royal Enfield': iPhone 18 prices fuel meme frenzy, 'kidney', bullet bike and gold comparison jokes
iPhone 18 prices have sparked a meme frenzy on social media, with users comparing Apple's latest phones with Royal Enfield bikes, gold, Bitcoin and even their kidneys. From jokes about needing two jobs to afford the iPhone Duo to claims about taking loans for the phone, the memes highlight how expensive flagship smartphones have become.
Bitcoin falls below $79,000 ahead of US inflation data. Here’s what’s weighing on crypto
Bitcoin fell below $79,000 as strong US employment data revived expectations of tighter Federal Reserve policy. Rising oil prices and US-Iran tensions added inflation concerns ahead of US data, while institutional ETF inflows offered support despite weakening short-term momentum and cautious sentiment.
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Global financial crash warning: Why Robert Kiyosaki urges buying Bitcoin (BTC USD), Ethereum (ETH), gold & silver now
Biggest market crash warning: Rich Dad Poor Dad author Robert Kiyosaki warns of an unprecedented global financial crash, already in motion, driven by AI-induced job losses and economic realignments. He advises investors to secure their wealth by acquiring hard assets like Bitcoin and Ethereum, predicting significant gains for these digital currencies amidst traditional market breakdowns.
Bitcoin’s throne is wobbling, and Ethereum could be king soon - here's the story no one is talking about
Bitcoin vs Ethereum: Bitcoin's market dominance is waning as Ethereum surges, fueled by tech upgrades and regulatory support. Ethereum's price has skyrocketed, outperforming Bitcoin's modest gains, with co-founder Vitalik Buterin rejoining the billionaire ranks. Pro-crypto reforms and significant inflows into Ethereum ETFs further solidify its position as a major player in the crypto space.
Bitcoin trades near $97,000 ahead of US Fed policy meeting; Altcoins jump up to 13%
Bitcoin briefly surpassed $97,000 amidst a broad cryptocurrency rally, fueled by anticipation surrounding the US Federal Reserve's interest rate decision and easing geopolitical tensions. Ethereum also saw gains, contributing to a global crypto market capitalization of $3 trillion.
Bhutan to upgrade Bitcoin mining in Himalayas as 'halving' looms
The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s mining capacity sixfold through the introduction of cutting-edge hardware.
Bitcoin Exchange Traded Fund done. Now what?
The performance of Bitcoin ETFs has been notably impressive, defying some initial scepticism. Contrary to the belief that these ETFs were underperforming, they have actually attracted significant attention and investment, ranking among the top US ETFs in terms of trading volume and inflows.
Key events that will shape the digital asset industry in 2024
Bitcoin will undergo a halving event in 155 days, further increasing the scarcity of this digital asset. Bitcoin halving occurs approximately every four years and reduces the block reward miners receive by half. Historically, this reduction in supply has led to price increases in Bitcoin due to its increased scarcity. To illustrate this point, let's look at previous halvings:
Bitcoin and Ethereum: A bearish rally and the unleashing of caged beasts
Bitcoin and Ethereum are going through a bearish rally, which unleashes the potential for investors, while Caged Beasts continues to excel.
Ethereum upgrade Shapella to unlock over $30 billion in crypto tokens
Known as Shapella, the latest upgrade to the Ethereum blockchain will enable investors to redeem an offshoot of Ether tokens they have deposited in return for interest on the blockchain network over the past three years.
NFTs coming to Bitcoin sparks handwringing about crypto purists
While Bitcoin miners, who process and validate data on the blockchain, welcome the invention since it can boost fees for them, critics are concerned an influx of new trading volume may crowd out other financial transactions.
'Merge' in: Ethereum slashes energy use with software upgrade
The new system will use 99.95% less energy, according to the Ethereum Foundation. The upgrade, which changes how transactions occur and how ether tokens are created, could give Ethereum a major advantage as it seeks to surpass rival blockchain bitcoin.
Bitcoin leaps above $21,000 as US dollar sags broadly
Marcus Sotiriou a market analyst at GlobalBlock attributed Bitcoin's climb to optimism that the United States could report another decline in inflation next week. Such a decline would typically be expected to support assets like cryptocurrencies that do well when markets have an optimistic tone.
Bitcoin leaps above $21,000 as U.S. dollar sags
Ether, the second-biggest, rose more than 5% to hit a three-week peak at $1,746. Bitcoin had been as low as $18,540 on Wednesday.Market participants said there was no particular trigger for the gains beyond a broad upbeat mood in evidence across asset classes on Friday, led by a drop in the safe-haven dollar and reinforced by positive moves in global shares.
Ether outshines Bitcoin for a second week on software-update optimism
What’s driving the Ether gains is building excitement over an upcoming software upgrade that promises to reduce the blockchain’s carbon footprint and pave the way to improve the network’s scalability and efficiency.
The bigger picture:7 factors that influenced Bitcoin prices in 2021 and the road ahead
Bitcoin moving factors in 2021, including those that amplified the gains or even pushed the GOAT (greatest of all time) to bearish levels. We shall also talk about how these factors might have a far-reaching role in 2022, considering the Indian and global craze for Bitcoin and even Altcoins, for that matter.
Bitcoin falls more than 4% to near $60,000
"There is a lack of news and this is some pure selling of spot and some additions of short selling. Outside of this, there is no significant news," said Matthew Dibb, chief operating officer at Singapore-based crypto asset manager Stack Funds.
Bitcoin goes through major upgrade. Here is what it means
The enhancement, called Taproot, is the most significant change to the bitcoin protocol since the SegWit (Segregated Witness) block capacity change in 2017.
Ethereum: the transformation that could see it overtake Bitcoin
At the heart of the platform is the idea of smart contracts, which are automated agreements that ensure that money and assets change hands when certain conditions have been fulfilled. All transactions on the platform ultimately use ether, and the success of the platform is why ether has been the second-largest cryptocurrency after bitcoin for the past few years.
Bitcoin, Ether hit highest since mid-May as sentiment warms
Bitcoin gained as much as 3.1 per cent to $45,328 on Sunday, its highest level since May 18. Ether increased as much as 3.5 per cent to $3,191, gaining for a fifth day amid the Ethereum network’s London upgrade, which reduces the pace of growth in the coins.
When to buy Bitcoin next? JPMorgan suggests an indicator to track
If you are one of those traders, there is a nifty tool that can be tracked to spot the time when there will be an opportunity to make money in Bitcoin.
Ethereum extends gains to fresh record above $3,400
The ether/bitcoin cross rate stood at its highest in more than two-and-a-half years on Tuesday while bitcoin was steady at $57,295.
Smaller digital coins soar as bitcoin powers on towards record high
Ethereum, the second-largest cryptocurrency by market capitalisation after bitcoin, jumped 7% to its highest since June 2018, taking its gains to more than 25% over the last three days alone.
Bitcoin hits record just days after a 29% plunge
Bitcoin has picked up right where it left off, hitting another record high to close in on $8,000.
Bitcoin tumble erases $38 billion as rival cryptocurrency gains
The cancellation of bitcoin upgrade has left users to choose between two versions of cryptocurrency.
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