Page 97 - Ether News Today

Police are seeking other suspects after the group allegedly stole HK$3 million from a cryptocurrency trader who was lured to a bogus deal.

Bollywood production company Pooja bought a plot of metaverse real estate for more than $5000

Bitcoin has continued stably over the week although bulls have struggled to carry on the upward price push beyond the $45,000 (roughly Rs. 34 lakh) mark as investors remain cautious of more January-like volatility.

Twitter enabled Bitcoin as the first cryptocurrency payment option available for its tip jar feature in September 2021. The social media platform has now added a slew of fresh payment services to these existing tipping options, including Ether.

Bitcoin and Ether registered minor but substantial gains ushering majority altcoins up the price ladder. Binance Coin, Cardano, and Ripple emerged as gainers, whereas Tether saw losses.

After a sharp sell-off over the weekend and on Monday, the cryptocurrency market found some buyers near major support levels, marking a 4 percent improvement in market cap for the wider market, however, traders are still on tenterhooks over the Russia-Ukraine crisis.

Bitcoin and Ether followed majority altcoins into losses. Cryptocurrencies like Cardano, Ripple, and Polkadot have registered minor losses. Meme-based Dogecoin and Shiba Inu look like they are off to a good start for this week with minor gains.

The volatility traditionally associated with cryptocurrencies has been on full display in recent weeks.

US inflation figures and the market reaction to the numbers appears to have played a key market for the crypto market yet again as both Bitcoin and Ether saw their strong recovery run through the week hit a roadblock.

NEW YORK: Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets.