Tuesday, 9 August, 2022
TopicBitcoin

Topic: Bitcoin

Cryptocurrencies show signs of recovering from last week’s rout, Bitcoin holds above $20,000

Bitcoin rose as much as 1.6% in Asia Tuesday and was trading at $20,665 as of 8:42 a.m. in Tokyo. The MVIS Cryptocompare Digital Assets 100 index climbed 1.5%.

Bitcoin falls as much as 10% in deepening crypto sector selloff

Cryptocurrencies have become emblematic of a flight from speculative assets as monetary policy is tightened around the world to fight inflation, draining liquidity from global markets.

Bitcoin falls to lowest in 18 months as US inflation impact spreads

The world’s largest digital token tumbled as much as 8.9% to Rs 19.4 lakh-- its lowest since December 2020. Other cryptocurrencies also declined as a broader sell-off continued.

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Bitcoin crosses $30,000 as China relaxes Covid curbs

Last week, the S&P 500 had its highest weekly gain since November 2020, while Bitcoin fell for the eighth week in a row.

What are UST & Luna and why the fall of 2 ‘stablecoins’ led to a crypto crash in India

Along with crash in value of UST and Luna coins, Indian market for crypto assets also reeling under strict control imposed by government, with the imposition of TDS on all crypto transactions.

How Bitcoin adoption will help India achieve its $5 trillion economy

The rise in the prices of Bitcoin and Ethereum will have a notable impact on India's flat currency.

How many people actually invest in crypto

The launch of RoboApe could be a turning point for the entire crypto community as the new coin is teaching both newcomers as well as specialists the basics of crypto.

Bitcoin continues to fall, drops below $30,000 for first time since last July

Other cryptocurrencies including Ether, Solana and Avalanche have also plunged. The dip comes as tightening monetary policy to combat runaway inflation curbs liquidity.

Yield App provides up to 7.5% interest rate on your bitcoin

It is important to stick to a disciplined investment approach and continue earning passive income even during bear markets.

On Camera

YourTurn

Representational image | Indian Navy/Facebook

Tale of two ships – How Delhi is asserting Indianness of the Indian Ocean to China

A US Navy ship docked in an Indian port for the first time. And a Chinese ship couldn’t in Sri Lanka. New Delhi is finally pulling strings.
Representational image | Rupixen/Unsplash

‘We are cracking down’— how Modi govt plans to make it tougher for states to fund freebies

The Narendra Modi government is looking at ways to check states’ spending on handouts like free electricity and rations. The first step is to tighten the noose on state borrowings.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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