Bitcoin prices have tumbled 14% this week, marking the steepest decline since March. Commentators have cautioned that a sustained drop below $30,000 could presage further losses.
Bitcoin slid as much as 21% over Sunday and Monday to as low as $32,389. That’s the biggest two-day slide since global markets were first roiled by the pandemic last year.
Bitcoin has almost tripled this year despite a severe crash in March. Proponents have seized on the narrative that the coin could act as a store of wealth.
If mainstream investors move just a small portion of gold holdings into the $350 billion Bitcoin industry, it would be a game-changer for diversification strategies on Wall Street.
Covid-19 has been good for Bitcoin & cryptocurrency generally. By accelerating our advance into a more digital word, what might have taken 10 years has been achieved in 10 months.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
These digital currencies can go in a puff of smoke. About a week back, I read about an American bitcoin billionaire who has forgotten the password to unlock his 1900 bitcoins. Eight attempts failed. Two more attempts are available to unlock them. If he fails, 1900 bit coints multiplied by USD 27500 goes up in smoke! Too much digitisation is too bad.
These digital currencies can go in a puff of smoke. About a week back, I read about an American bitcoin billionaire who has forgotten the password to unlock his 1900 bitcoins. Eight attempts failed. Two more attempts are available to unlock them. If he fails, 1900 bit coints multiplied by USD 27500 goes up in smoke! Too much digitisation is too bad.