Bitcoin: News
Bitcoin is a type of cryptocurrency that operates without an authority resembling a central bank for conventional currency. This digital currency operates on a peer-to-peer network without the need for any intermediaries, currency-issuing authorities, or governing bodies. This unique self-sufficient system was invented in 2008 by an unknown entity operating under the name of Satoshi Nakamoto. The currency was first used in 2009 where its implementation was released as open-source software. Today, bitcoin is one of the most highly valued cryptocurrencies trading under the code BTC. Today, over 18,660,000 bitcoin are in circulation, each of which is valued at approximately 46,357 USD as of August 2021. Bitcoin is created or "mined" by solving complicated hash calculations using supercomputers or an array of ordinary consumer-grade computing hardware known as a mining rig. Since the total supply of bitcoin is limited to 21,000,000 tokens, the complexity of the hash calculations increases exponentially, having a similar effect on the value of the cryptocurrency. However, bitcoin has been criticized for facilitating illegal transactions, price volatility, thefts from exchanges, and the large carbon footprint of mining rigs, since they run on electricity.
SpaceX IPO: How Indian investors can participate
Elon Musk's space exploration firm, SpaceX, is gearing up for its initial public offering (IPO).
Bitcoin drops below $60,000 mark: Here we decode why
Bitcoin, the world's largest cryptocurrency, has fallen below the $60,000 mark for the first time since October 2024.
Why crypto bros are dumping Bitcoin
Bitcoin is facing a major sell-off at the start of June, with the cryptocurrency down 13% this week.
Bitcoin crashes over 7% to nearly $66,000
The world's leading cryptocurrency, Bitcoin, has witnessed a significant drop in its value.
Bitcoin hits 5-week low
Bitcoin, the world's largest cryptocurrency, has hit its lowest level since April 20.
US company slammed for rewarding vaping with Bitcoin
Puffpaw, a blockchain hardware manufacturer in the US, has come under fire for its controversial marketing strategy.
Bitcoin hits 2-week low today: Here we decode why
Bitcoin has hit a two-week low of $76,700 as the cryptocurrency market faces a major selloff.
Truth Social parent reports $400M loss amid crypto value decline
Donald Trump's social media platform, Truth Social, has been hit hard by a massive financial loss.
BlackRock deepens crypto ambitions with 2 new stablecoin-linked funds
BlackRock is set to launch two new money-market funds.
Bitcoin crosses $80,000 mark for first time since January
Bitcoin has crossed the $80,000 mark for the first time in over three months.
Bitcoin hits 3-month high today: Here we decode why
Bitcoin continued its slow climb toward the $80,000 mark today.
Digital art tokens: What they are actually
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Bitcoin has reached a two-month high of nearly $78,000, thanks to easing geopolitical tensions and renewed investor confidence.
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Bitcoin, the world's largest cryptocurrency, has surged to a four-week high on the back of easing geopolitical tensions between the United States and Iran.
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A recent research paper from Google has raised alarms in the crypto community. The study warns that quantum computers could crack the blockchain security of Bitcoin and Ethereum with fewer resources and in less time than previously thought.
Bitcoin bounces back after Iranian leader's death
Bitcoin and other cryptocurrencies witnessed a sharp rebound in early Asian trading on Sunday.
Bitcoin falls below $65,000 as Trump's tariffs rattle global markets
Bitcoin, the world's largest cryptocurrency, has hit an eight-month low after falling below the $65,000 mark today.
Bitcoin is better than gold: 'Rich Dad Poor Dad' author
Renowned author and investor, Robert Kiyosaki, has weighed in on the age-old debate of gold vs Bitcoin.
This crypto exchange accidentally gave away Bitcoin worth $40B
In a major blunder, South Korean cryptocurrency exchange Bithumb accidentally distributed over $40 billion worth of Bitcoin to its customers.
Bitcoin's value slides over 50% amid broader crypto slump
Bitcoin's value has plummeted by over 50% in the last three months.
Bitcoin falls below $73,000 for first time since November 2024
A wave of nervousness swept through the financial markets on Tuesday, with stocks stumbling and Bitcoin hitting its lowest level since November 2024.
Bitcoin hits 10-month low as economic worries weigh on markets
Bitcoin, the world's largest cryptocurrency, has hit a 10-month low in Asia trading today.
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Bitcoin, the world's largest cryptocurrency by market capitalization, has witnessed a major price drop.
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Bitcoin has hit a two-month low during early Asian trading hours, with its value falling by as much as 4% to $81,102 in Singapore.
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World's most notorious scammer arrested, extradited to China
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Bitcoin crosses $91,000 mark today: Here we decode why
Bitcoin has crossed the $91,000 mark today, hitting new highs amid global economic uncertainty.
Billion-dollar Bitcoin hacker gets early prison release thanks to Trump
Ilya Lichtenstein, the notorious hacker who stole billions in Bitcoin, has been released from prison after serving just over a year of his five-year sentence.
Bitcoin crosses $90,000 as crypto market rallies: What's driving surge?
The cryptocurrency market has turned bullish, with Bitcoin nearing the $90,000 mark and Ethereum crossing the $3,000 milestone.
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Bitcoin, Ethereum plunge up to 7%; forced liquidations hit $600M
The cryptocurrency market witnessed a major sell-off in the last 24 hours, with Bitcoin and Ethereum witnessing significant losses.
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India's cryptocurrency market is being driven by non-metro cities, a new report by CoinSwitch has revealed.
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Bitcoin, the world's largest cryptocurrency, fell by nearly 3% after the US Federal Reserve's cautious stance on inflation and employment.
Bitcoin regains $91,000 mark amid hopes of Fed rate cut
Bitcoin, the world's largest cryptocurrency, has shown a slight recovery in value.
Bitcoin tumbles over 4% to below $88,000
The cryptocurrency market is witnessing a major correction, with Bitcoin falling sharply in early Asia trading.
Bitcoin recovers to $91,000 amid institutional buying, market optimism
Bitcoin has surged back to the $91,000 mark, a jump of 4.52% in the last 24 hours. The surge is attributed to renewed buying interest and improved market sentiment.
Bitcoin rebounds from 7-month low to $88K, Ethereum jumps 3%
Bitcoin, the world's leading cryptocurrency, has seen a strong recovery from its recent seven-month low of $81,000.
Bitcoin crashes over 21% in November amid forced liquidations
Bitcoin, the world's most traded cryptocurrency, has witnessed its worst monthly decline in over three years.
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Bitcoin, the world's largest cryptocurrency, has witnessed a major price correction. From its peak of around $125,000 on October 6, the digital currency has lost over 30% in value.
Bitcoin drops toward $81,000 in worst month since 2022
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Bitcoin, the world's largest cryptocurrency by market capitalization, has seen a major dip in its value.
Using stablecoins for payments might soon be allowed in India
The Indian government is considering the use of stablecoins, a type of cryptocurrency, for transactions.