Bitcoin's under-the-radar rally over the last few days has bulls once again eyeing levels the coin hasn't seen since last year.
The largest cryptocurrency by market value rose as much as 4.6% at one point Monday, reaching $48,215 before fluctuating around that level. The peak was its highest level of the year and the propulsion rounds out its year-to-date gains to around 4%. Elsewhere, the MVIS CryptoCompare Digital Assets 100 index -- which tracks tracks the performance of some of the largest digital assets -- was up more as much as 6.7%.
Stock in the cryptocurrency exchange Coinbase surged on Monday, rallying alongside Bitcoin, ether, and other digital assets. Analysts see more room for ...
Ether was up 7% to near $3,400, reaching its highest level since early January. Tokens including solana, cardano, dogecoin, and Shiba Inu took off as well. Stock in the cryptocurrency exchange Coinbase surged on Monday, rallying alongside Bitcoin, ether, and other digital assets. Coinbase Is Popping. What a Rally in Bitcoin Means for the Stock.
Bitcoin has witnessed volatile trades in the past one year. The cryptocurrency has hit a high of $69000 and a low of near $28000 in this period.
As per the reply, Rs 49.18 crore was recovered from Zanmai Labs (WAZIRX), Rs 17.1 crore from Coin DCX, and Rs 16.07 crore from CoinSwitch Kuber. Evasion of Rs 81.54 crore was detected and Rs 95.86 crore was recovered (including interest and penalty), he said. Others were Zeb IT Services, Secure Bitcoin Traders, Giottus Technologies, Awlencan Innovations India (Zebpay) and Discidium Internet Labs, according to the finance ministry. All forms of virtual digital assets (VDA) or crypto assets that are sold at a profit will attract a tax of 30 percent. Absence of any major negatives is empowering the bulls in the crypto space," said Kunal Jagdale, Founder, BitsAir Exchange. Bitcoin has witnessed volatile trades in the past one year.
The price of bitcoin jumped Monday following a slew of bullish developments for the cryptocurrency, even as investors continue to monitor developments in ...
Ray Dalio's Bridgewater has also said it's about to make an investment into a crypto fund. Last week, Fed chair Jerome Powell vowed to be tough on inflation and said rate increases could become more aggressive if necessary. Crypto is playing an integral role in that plan." "Crypto is not trading in a vacuum," he added. Bitcoin extended gains from a late Sunday rally, when the cryptocurrency broke past the key level of $45,000 and erased its losses for 2022. "Throughout the last six months, crypto has shown its resilience and relevancy, even as strong macroeconomic headwinds have disrupted traditional markets by remaining within range.
The total marketcap of Bitcoin was hovering around the $900 billion mark, with its total dominance in the crypto marketcap standing at a little more than 42 ...
Total cryptocurrency trading volume hit $100 billion, about 63 per cent higher than the previous day. Market participants believe the positive momentum to continue in the near term. The total marketcap of Bitcoin was hovering around the $900 billion mark, with its total dominance in the crypto marketcap standing at a little more than 42 per cent, the data from coinmarketcap suggested.
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving ...
"If (bitcoin) rejects off of $46k and goes back down then it probably means we're stuck with range-bound conditions for at least another month or so." It stands at 0.003per cent on analytics platform CryptoQuant, though still below a peak of 0.06per cent hit in October. "What we have seen across other major assets is a huge fallout - from both the U.S. equity markets as well as global markets," he added. This measures its deviation from its own standard levels, and bitcoin has still had wild swings, such as a 17per cent jump on March 1. At Monday's high of $47,765, market leader bitcoin broke above the narrow $34,000-$44,000 range it's traded in for most of 2022. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos.
After spending the entirety of 2022 in the red, Bitcoin turned positive Monday as the cryptocurrency surged on an investor rally. As of 11:30 a.m. ET, Bitcoin ...
Goldman Sachs' decision to trade the crypto over the counter has sparked optimism, and Cowen also said it plans to let institutional investors spot bitcoin trades. Ethereum, Solana, Cardano and memecoins like Dogecoin and Shiba Inu are all still showing losses for the year. That puts the most widely traded crypto well ahead of traditional investments.
Ether, the coin linked to the ethereum blockchain & the second-largest cryptocurrency, gained more than 2%
With a number of countries indicating plans for positive regulation around crypto, investor sentiment seems to be surging, resulting in some of the highest 24 hour trading volumes weโve seen in the last quarter. The performance of other digital tokens also improved mixed as Polygon, Litecoin, Stellar, Terra, Solana, Cardano, Uniswap surged over the last 24 hours. In cryptocurrencies, Bitcoin's rally continued as the digital token was trading at $47,550, up over a per cent.