Bitcoin, Ethereum and XRP declined sharply in recent trading sessions, reflecting renewed volatility across digital asset markets. Bitcoin briefly fell toward the $60,000 level before staging a modest rebound, signaling tentative stabilization after heavy liquidation pressure. Ethereum and XRP mirrored the broader downturn, though market participants now see early signs of consolidation. Analysts point to… Continue reading Crypto Markets Stabilize After Sharp Sell-Off as Bitcoin Tests Recovery Near $60,000
Category: Bitcoin
Bitcoin’s Rising Prominence: Why the World’s Largest Cryptocurrency Is Regaining Momentum
Bitcoin is once again commanding global attention as investors, institutions and policymakers reassess its role in the evolving financial system. A convergence of macroeconomic uncertainty, expanding institutional participation, regulatory clarity in key markets and the growing perception of Bitcoin as “digital gold” has fueled renewed interest. At the same time, advancements in blockchain infrastructure and… Continue reading Bitcoin’s Rising Prominence: Why the World’s Largest Cryptocurrency Is Regaining Momentum
Strategy Acquires 1,142 Bitcoin at Rs 78,815 Each Amid Market Dip
Strategy, a corporate treasury firm focused on digital asset accumulation, has purchased 1,142 Bitcoin at an average price of Rs 78,815 per coin, even as the cryptocurrency briefly declined to nearly Rs 60,000 during the acquisition window. The move underscores the company’s long-term conviction in Bitcoin despite short-term volatility. While the purchase price exceeded prevailing… Continue reading Strategy Acquires 1,142 Bitcoin at Rs 78,815 Each Amid Market Dip
Bitcoin Mining Difficulty Plunges 11%, Marking Sharpest Adjustment Since 2021 Crackdown
Bitcoin’s mining difficulty has recorded a decline of more than 11 percent, representing the most significant downward adjustment since the 2021 industry disruption triggered by China’s sweeping mining ban. The sharp recalibration reflects declining network hash rate, operational strain among miners, and broader volatility across cryptocurrency markets. Difficulty adjustments, which occur roughly every two weeks,… Continue reading Bitcoin Mining Difficulty Plunges 11%, Marking Sharpest Adjustment Since 2021 Crackdown
Cipher Mining: An Overlooked Contender in the Evolving Bitcoin Infrastructure Race
Cipher Mining has emerged as a notable player in the Bitcoin mining industry, yet its valuation suggests that markets may not fully reflect its operational scale, energy strategy, and long-term positioning. As institutional interest in digital assets strengthens and sovereign-backed mining expands globally, infrastructure providers such as Cipher Mining stand to benefit from rising hash… Continue reading Cipher Mining: An Overlooked Contender in the Evolving Bitcoin Infrastructure Race
Bithumb’s $44 Billion Bitcoin Discrepancy Triggers Regulatory Alarm in South Korea
South Korea’s financial regulators have intensified scrutiny of domestic cryptocurrency exchanges following revelations of a $44 billion — approximately Rs. 3.65 lakh crore — discrepancy linked to Bitcoin holdings at Bithumb. The development has raised fresh concerns about reserve transparency, accounting integrity, and systemic risk within one of Asia’s most active digital asset markets. Authorities… Continue reading Bithumb’s $44 Billion Bitcoin Discrepancy Triggers Regulatory Alarm in South Korea
South Korea Launches Investigation Into Crypto Exchange Over Alleged $40 Billion ‘Phantom Bitcoin’ Irregularities
South Korean authorities have initiated a sweeping investigation into a domestic cryptocurrency exchange accused of reporting nearly $40 billion — approximately Rs. 3.32 lakh crore — in what regulators suspect may be fictitious or improperly accounted Bitcoin holdings. The probe centers on discrepancies between declared digital reserves and verifiable blockchain data, raising concerns about transparency,… Continue reading South Korea Launches Investigation Into Crypto Exchange Over Alleged $40 Billion ‘Phantom Bitcoin’ Irregularities
Crypto.com Acquires AI.com for Rs. 580 Crore in Landmark Domain Deal Ahead of Super Bowl Push
Crypto.com has secured AI.com in what is being described as the most expensive domain acquisition in history, paying approximately $70 million — nearly Rs. 580 crore — entirely in cryptocurrency. The purchase comes just ahead of the Super Bowl, where the company plans to unveil a new artificial intelligence platform built around a personal AI… Continue reading Crypto.com Acquires AI.com for Rs. 580 Crore in Landmark Domain Deal Ahead of Super Bowl Push
Bitcoin’s Wild Swings Put Crypto’s Investment Case Under Fresh Scrutiny
Bitcoin’s recurring price volatility is once again challenging its reputation as both a reliable store of value and a hedge against macroeconomic uncertainty. Sharp rallies followed by abrupt corrections have amplified questions about liquidity depth, institutional participation and the durability of retail-driven demand. While proponents argue that volatility reflects a maturing asset class undergoing price… Continue reading Bitcoin’s Wild Swings Put Crypto’s Investment Case Under Fresh Scrutiny
South Korean Crypto Exchange Mistakenly Disburses $40 Billion in Bitcoin, Exposing Operational Fragilities
A leading South Korean cryptocurrency exchange is under regulatory and market scrutiny after mistakenly transferring approximately $40 billion in Bitcoin to user accounts due to a system malfunction. The erroneous payout, equivalent to nearly Rs. 3.3 lakh crore depending on prevailing exchange rates, stemmed from a backend reconciliation failure during a routine technical update. Although… Continue reading South Korean Crypto Exchange Mistakenly Disburses $40 Billion in Bitcoin, Exposing Operational Fragilities