Cryptocurrency market cap surges to record $2 trillion, bitcoin at $1.1 trillion | International Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr NEW YORK: The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. By mid-afternoon, the crypto market cap was at $2.02 trillion. The surge was led […]

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‘Altcoins’ up 5x on hunt for next Bitcoin – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr CHENNAI: Altcoins, or alternate cryptocurrencies, are gaining traction because buyers find them cheaper than Bitcoins, which have been reaching new highs every day. Most of the capital has gone into the top five altcoins — Ethereum (ticker symbol ETH), Ripple (XRP), Binance Coin (BNB), Stellar (XLM) and Tron (TRX). These have seen a […]

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Bitcoin price: Bitcoin vaults above $50,000 for first time ever | International Business News – Times of India

Share this…FacebookPinterestTwitterLinkedinTumblr LONDON: Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance amongst mainstream investors. Bitcoin hit a new high of $50,602, and was last up 5% at $50,300. It has risen around 72% so far this year, […]

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Mastercard to open up network to select cryptocurrencies

Share this…FacebookPinterestTwitterLinkedinTumblr The credit-card giant’s announcement comes days after Elon Musk’s Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment. (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.) Mastercard Inc said […]

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Bitcoin breaches $30,000 as rally extends into new year

Share this…FacebookPinterestTwitterLinkedinTumblr Bitcoin, the world’s largest cryptocurrency, topped $30,000 for the first time, just weeks after passing another major milestone. The currency gained almost 6% on Saturday to reach nearly $31,000, before slipping back to about $30,800 as of 1:15 pm in London. It advanced almost 50% in December, when it breached $20,000 for the […]

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Bitcoin price breaks above $20,000 for first time

Share this…FacebookPinterestTwitterLinkedinTumblr Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5% to move as high as $20,440. It has gained more than 170% this year, buoyed by demand from larger investors attracted to its potential for quick gains, purported resistance to inflation and expectations it will become […]

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