Bitcoin drops for fourth day even as global stocks hit records

Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.The digital asset shed 2.5% to change hands at about $56,870 as of 9:25 a.m. Friday in Singapore, while smaller coins like Ether and XRP also nursed losses.Crypto speculators currently face a range … Read more

Bitcoin: ‘Boring’ Bitcoin sends weekend trading volume to all-time lows

The proportion of Bitcoin traded over weekends has declined to an all-time low of 16% this year, according to cryptocurrency research firm Kaiko. The drop comes in the wake of the launch of spot Bitcoin exchange-traded-funds, which appears to have shifted the periods when Bitcoin is traded to be more in line with the schedule … Read more

cryptocurrency: Bitcoin rally and ‘short memories’ reignite everything in crypto

Bitcoin’s rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but in the broader financial world that had left the digital asset sector for dead last year. The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.’s … Read more

Bitcoin: Bitcoin ‘halving’ could deal a $10-billion blow to crypto miners

For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys to propping up its value. This time around, it’s also set to trigger multibillion-dollar declines in revenue for the very companies that ensure the digital currency’s smooth functioning, right on the heels of a surge … Read more

Is Bitcoin halving period a good time to invest in the crypto asset?

Bitcoin halving events have historically provided global investors with successive bullish momentum that have often resulted in all-time high levels. As the Bitcoin halving event in 2024 approaches on April 19, questions have been raised about whether the market will repeat itself once again or not. Investors are waiting eagerly for the appropriate moment to … Read more

Binance tightens token-listing process as regulators keep close watch

Binance Holdings Ltd. has tightened requirements for listing new digital tokens, stepping up efforts to bolster investor protections on its platform. Crypto projects seeking to list tokens on Binance must now agree to a significantly longer so-called “cliff period” during which no coins can be sold, set aside more coins for market makers and make … Read more

Bitcoin ETF price war is trickling down to crypto custodians

Less than a month after the debut of spot Bitcoin exchange-traded funds, the asset managers offering the investment vehicles appear to be seeking ways to bolster their own profitability. Valkyrie Investments said Thursday that it’s retaining BitGo as a second custodian to help safeguard customer assets. Coinbase currently dominates the custody role for Bitcoin ETFs, … Read more

Binance: How to transfer crypto from Binance to Indian exchanges?

This article is a step-by-step guide to transfer your crypto from Binance to Indian exchanges. With the Financial Intelligence Unit (FIU) issuing show-cause notices to Binance and eight other offshore exchanges last week, Apple has delisted the app from its App Store & Indian telecom operators have blocked Binance and other exchanges website urls. Due … Read more

crypto: Offshore crackdown may bring crypto party home

Mumbai: The Financial Intelligence Unit’s decision to issue compliance show-cause notices to nine foreign virtual digital asset service providers along with a request to the IT ministry to block their URLs for not adhering to regulatory norms is expected to level the playing field, Indian crypto exchanges have said. The move may lead to a … Read more