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Crypto check: Looking Beyond the Dogecoin Hype - Vimarsana News

Crypto check: Looking Beyond the Dogecoin Hype

Crypto check: Looking Beyond the Dogecoin Hype Synopsis Cryptocurrencies derive much of their value from the underlying project it is attached to. Most cryptocurrencies are associated with a project on the blockchain network trying to solve real-world problems. ET Spotlight Special After Bitcoin, crypto investors and media houses have a new favourite in town; Dogecoin. The cryptocurrency has attracted a lot of eyeballs because of its surge. It grew over 5000% in 2021, with a 400% gain in just 30 days. These sky-high gains have stirred up many investors to buy into DOGE, a result of which is e...

Bitcoin rebound fizzles out - Vimarsana News

Bitcoin rebound fizzles out

Bitcoin rebound fizzles out It has been a turbulent week for Bitcoin — and it's only Tuesday. After the cryptocurrency suffered a flash crash on Saturday — plummeting some 14 per cent — it attempted to bounce back Monday. But the rebound fizzled out quickly. READ MORE: After Bitcoin suffered a flash crash on Saturday — plummeting some 14 per cent — it attempted to bounce back Monday.(AFP via Getty Images) Bitcoin fell 0.7 per cent against the US dollar around the time of the stock market close Monday, trading around US$56,000 ($72,188) per coin. The weekend plunge was...