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Bitcoin ends day on the ropes after China clamps down on mining, trading

Bitcoin markets operate 24/7, setting the stage for price swings at unpredictable hours, with retail and day traders driving those moves.

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Cryptocurrency trading volumes spike 17% in February - CryptoCompare

Cryptocurrency trading volumes soared by 17% last month in the wake of Tesla's $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday.
Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35% to $2.4 trillion, researcher CryptoCompare said. Smaller exchanges saw volumes slump by 36% to $381 billion, suggesting growing consolidation of trading at larger venues.
Volumes hit an all-time high of $159.9 billion on Feb. 23, it said, when bitcoin sank 10%.
The embrace of cryptocurrencies by the likes of Tesla Inc and Mastercard Inc drove bitcoin to a record high of $58,354 and a $1 trillion market capitalisation last month. Growing interest from bigger investors has also added fuel to the cryptocurrency's rally.

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World's most popular crypto Bitcoin declines over 6% to lowest in two weeks

Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.
The world's biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses. It was last trading down 1.3% at $46,588.
The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand. Asian stocks fell by the most in nine months.
Bitcoin has risen about 60% from the start of the year, hitting an all-time high of $58,354 this month as mainstream companies such as Tesla Inc and Mastercard Inc embraced cryptocurrencies.

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Coinbase reveals healthy revenue growth, profit in listing application

Read more about Coinbase reveals healthy revenue growth, profit in listing application on Business Standard. The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public

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Bitcoin tumbles 17% as doubts grow over starry valuations

Read more about Bitcoin tumbles 17% as doubts grow over starry valuations on Business Standard. The world's biggest cryptocurrency suffered its biggest daily drop in a month

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COVID-19 to force 18 million Indians to find new jobs by 2030 : Bulletin: Business Today

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Bitcoin at new high of $53,263 after Elon Musk defends Tesla's investment
Bitcoin got another leg-up on Friday after billionaire Elon Musk defended the investment by his electric vehicle company Tesla in the popular cryptocurrency. After Musk's tweet, where he called Bitcoin "simply a less dumb form of liquidity than cash", the digital currency raced to a new high of $53,263.
WhatsApp to move ahead with privacy update despite backlash
Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at "their own pace" and will also display a banner providing additional information. In January, the messaging platform informed users it was preparing a new privacy policy, under which it could share limited user data with Facebook and its group firms.

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World's most popular crypto Bitcoin within a whisker of $50,000

Read more about World's most popular crypto Bitcoin within a whisker of $50,000 on Business Standard. Bitcoin has been on a tear in recent times

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Bitcoin price news: Cryptocurrency jumps beyond $49K for first time in major milestone | City & Business | Finance

BITCOIN'S price has hit a new record high and edged close to $50,000 as millions more people continue to adopt the ever-popular cryptocurrency.

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World shares dip and Bitcoin hits yet another record high

Read more about World shares dip and Bitcoin hits yet another record high on Business Standard. Bitcoin reached $49,000 before erasing gains

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Bitcoin rally propels cryptocurrency market value to fresh record

Read more about Bitcoin rally propels cryptocurrency market value to fresh record on Business Standard. The largest cryptocurrency is up about 22% this week

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