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Crypto

 A jury found Bankman-Fried, 32, guilty on November 2 on seven fraud and conspiracy counts
Updated : Mar 28, 2024

'Crypto King' Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud

U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing after rejecting Bankman-Fried's claim that FTX customers did not actually lose money and accusing him of lying during his trial testimony.

Lawsuit Filed Against Stronghold Digital Mining by Environmental Group Over Alleged Pollution from Bitcoin Mine in Pennsylvania
Updated : Mar 27, 2024

Crypto miner, Pennsylvania hit with lawsuit over pollution from bitcoin mine

Save Carbon County is suing Stronghold Digital Mining and Pennsylvania State for pollution from their bitcoin mine, claiming Pennsylvania State has failed to protect the environment.

Bitcoin's rally pushed other altcoins higher. Among the top 20 altcoins, Ethereum, Solana, Dogecoin, Cardano, Avalanche, Shina Inu and Chainlink rose 4-6 per cent each.
Updated : Mar 26, 2024

Bitcoin reclaims $70,000 mark; is it time for altcoins to outperform?

Bitcoin rose 5.35 per cent to $70,850-level, as per data suggested by Coinmarket cap. The market capitalization of the oldest crypto current stood at $1.39 trillion mark.

Bitcoin will disappear and go to zero someday: Jim Rogers
Updated : Mar 20, 2024

Bitcoin will disappear and go to zero someday: Jim Rogers

Investment guru says he has more confidence in real things

 The dominance of Bitcoin has eased in the last few days, due to the sharp rise in select altcoins, including some memecoins rallying sharply amid the euphoria.
Updated : Mar 14, 2024

Crypto-mania continues! Bitcoin scales new highs; Is $75,000 on the cards?

The total global crypto marketcap inched up in the last 24 hours to $2.78 trillion, while the total crypto market volume has increased over 16 per cent to $133.74 billion.

 The mania in Bitcoin continues but other altcoins are lagging behind to mount new highs or break previous records.
Updated : Mar 12, 2024

Bitcoin-mania continues as crypto token nears $73,000; here's why altcoins failed to catch up

Bitcoin's latest surge has been powered by the approval of Bitcoin ETFs, upcoming halving event and institutional buying.

Bitcoin has surged about 50 per cent in the last one month, while it has gained about 185 per cent in the last six months.
Updated : Mar 11, 2024

After 250% rise in a year, Bitcoin scales $71,600; what lies ahead for the crypto market?

Bitcoin, the largest and the oldest crypto token, climb about 3 per cent during the trading session on Monday, to top $71,600 mark for the first time.

Bitcoin Surges to New Record High of Over $70,400 Amidst Anticipated Federal Reserve Rate Cuts
Updated : Mar 11, 2024

Bitcoin hits new record high above $70,400

The surge in value reflects the ongoing momentum of the world's largest cryptocurrency.

Enforcement Directorate Charges 299 Entities Including 10 Chinese Nationals in Massive Cryptocurrency Scam
Updated : Mar 07, 2024

ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case

The Enforcement Directorate has filed a charge-sheet against 299 entities, including 10 Chinese ones, alleging defraud of investors by promising substantial returns through cryptocurrency mining.

FTX Settles Bankrupted BlockFi Dispute; Pledges $874M Repayment
Updated : Mar 07, 2024

FTX reaches settlement with BlockFi, may pay up to $874 million

FTX and BlockFi have reached a settlement, with FTX agreeing to pay BlockFi up to $874 million, including a $250 million priority payment and $185.3 million for BlockFi's trading account.

Bitcoin Surges Once More, Approaching Record High as Investor Interest Peaks
Updated : Mar 06, 2024

Bitcoin back on the rise after vaulting to new record

The cryptocurrency's rally has been supported by investor interest in U.S. spot exchange-traded crypto products and expectations of falling global interest rates.

Crypto traders say the tokens are essential for moving funds in crypto quickly, without using the regulated banking system.
Updated : Mar 06, 2024

Tether's $100 bn stokes stablecoin stability concerns

The digital dollar-pegged token is designed to keep a constant value, something Tether says that it does by holding dollar-denominated reserves for every token it creates.

"Bitcoin has essentially been going straight up for several days,” said Steve Sosnick, chief strategist at Interactive Brokers
Updated : Mar 06, 2024

Bitcoin soars to record high, then tumbles

The world's largest cryptocurrency hit a high of $69,202, topping November 2021's all-time peak of $68,999.99. Investor interest has increased since the Securities and Exchange Commission approved 11 spot bitcoin ETFs in late January.

Indians are not missing Bitcoin rally despite heavy taxes, trading volume reaches 10-month high
Updated : Mar 05, 2024

Indians are not missing Bitcoin rally despite heavy taxes, trading volume reaches 10-month high

The surge in trading activity follows a period of low volumes experienced by these exchanges during the bear market of 2022-23, exacerbated by a 30 per cent tax imposed by the government on cryptocurrency trading.

Bitcoin has surged more than 50 per cent in the last one month, which has rallied over 150 per cent in the last six months.
Updated : Mar 05, 2024

Bitcoin jumps 9% to flirt with all-time highs; what's driving this crypto market rally?

Bitcoin gained more than 9 per cent to scale $68,785.95 in the last 24 hours, just 2 per cent away from it's all time high at $68,789.63, it scaled on November 10, 2021.

"Bitcoin Surges to Two-Year Highs, Approaching Record Levels Amidst Market Enthusiasm"
Updated : Mar 04, 2024

Bitcoin bursts above $65,000, record high comes into view

Bitcoin rallied to a two-year high on Monday, breaking above $65,000 as a wave of money carried it within striking distance of record levels.

Bitcoin Cryptocurrency Record high Trading volume Exchange-traded funds (ETFs) Investors Market value Ether Speculation Stock indexes Volatility Tech proxy Liquidity Market sentiment Market dynamics
Updated : Mar 04, 2024

Bitcoin bounces beyond $64,000 as records beckon

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels.

Bitcoin has surged more than 50 per cent in the first two months of 2024, while it has surged about 45 per cent in the February itself.
Updated : Feb 29, 2024

Bitcoin trades near $64,000 after 27 months; reasons behind the surge and outlook for crypto token

The global crypto market cap jumped more than 8 per cent to $2.33 trillion. The total crypto market volume over the last 24 hours stood at $198.71 billion, up 110 per cent.

"Bitcoin Surges Toward Record High, Eyes Biggest Monthly Gain in Over Three Years"
Updated : Feb 29, 2024

Soaring bitcoin set for biggest monthly jump since 2020

 Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally.

Sam Bankman-Fried's lawyers propose 63-78 months in prison for FTX founder's $8 billion theft conviction.
Updated : Feb 28, 2024

Sam Bankman-Fried says 63 to 78 mths should guide sentencing for FTX fraud

Lawyers fo sam bankman-fried  told a U.S. judge on Tuesday that a sentence ranging from 63 to 78 months would be an appropriate punishment for the FTX founder's conviction  for stealing $8 billion from customers of the bankrupt cryptocurrency exchange.

 The total market valuation at Bitcoin raced past $1.1 trillion-level, contributing more than half of the entire crypto market capitalization.
Updated : Feb 27, 2024

Bitcoin scales $57,000; crypto mcap tops $2 trillion; why crypto spring has arrived early?

According to coinmarketcap, the total crypto market volume over the last 24 hours stood at $111.13 billion, registering a rise of more than 108 per cent during the period.

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