The two big names in the $2.2 trillion cryptocurrency market remain Bitcoin and Ether, the coin that fuels the Ethereum network. Bitcoin, the pioneer, has been on a tear, its value up about 500 per cent in the past year. Yet it’s Ether that has been showing its older brother a thing or two, with…
For the first time in 14 months, the auction calendar is behaving as it used to before Covid-19, as rivals Christie’s and Sotheby’s gear up for a week of marquee evening and day sales in New York. The events will begin on May 11 and end on May 14. The phrases “masterpiece” and “museum-quality” are…
Cryptocurrency ethereum broke $4,000 for the first time on Monday, climbing to a new peak for a third day in a row on bets it may find new uses, although some analysts said it was overvalued at current levels. Ethereum, the second-largest coin by market capitalisation, jumped more than 6% to just below $4,175, and…
When federal regulators late last year accused one of the world’s most popular cryptocurrency platforms of illegally selling $1.38 billion worth of digital money to investors, it was a pivotal moment in efforts to crack down on a fast-growing market — and in the still-nascent industry’s willingness to dive deeply into the Washington influence game….
Elon Musk-run SpaceX is now accepting the new cryptocurrency Dogecoin to launch an upcoming satellite named DOGE-1 to the Moon. The DOGE-1 is a cubesat to acquire “lunar-spatial intelligence” using onboard cameras and sensors, reports The Verge. The satellite is being developed by Geometric Energy Corporation and it will be flown onboard a Falcon 9…
Investors are piling back into some of the fringe corners of the cryptocurrency world, with the frenzy sending Dogecoin surging more than 50% again and crashing Robinhood’s trading app. Other so-called altcoins also took off, with Dash spiking 18% over a 24-hour period through the European morning on Wednesday and Ethereum Classic rising almost 45%….
SINGAPORE (Reuters) – Cryptocurrency ether hit a record high of $3,017 on Monday, extending last week’s rally in the wake of a report that the European Investment Bank (EIB) could launch a digital bond sale on the ethereum blockchain network. Ether rose 2% on the Bitstamp exchange to hit the milestone early in Asia trade….
A presidential decree published Saturday added cryptocurrency exchanges to a list of firms covered by Turkey’s terror financing and money laundering. The decision will take immediate effect and will make it easier for the financial watchdog to investigate digital-currency holdings, according to a presidential decree published in the Official Gazette on Saturday. The move came…
Bitcoin jumped as much as 8% on Monday and was on course to snap five straight days of losses, though the cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month. Bitcoin was last up 6.7% at $52,452 after touching its lowest since early March on Sunday. Other major coins ethereum…
CoinSwitch Kuber, an Indian cryptocurrency investment platform, has raised $25 million (Rs 181 crore) in a Series B round of funding from Tiger Global Management, at a valuation of over $500 million. This marks the New York-based Tiger Global’s first investment in an Indian cryptocurrency company. This also makes CoinSwitch the highest-funded cryptocurrency player in…
