The global cryptocurrency market has entered one of its sharpest downturns in recent years, erasing nearly Rs. 1 trillion in value within six weeks as escalating volatility and economic uncertainty hit investor confidence. Bitcoin, the market bellwether, has plunged below Rs. 90,000, triggering widespread liquidations and renewed fears of a sustained correction. Institutional players are… Continue reading Crypto Market Wipeout Deepens as Bitcoin Slides Below Rs. 90,000, Erasing Rs. 1 Trillion in Value
Category: Bitcoin
Hyperscale Data Expands Its Digital Asset Reserves With Rs. 50 Crore Bitcoin Purchase Amid Market Turbulence
Hyperscale Data, a rapidly growing player in the cloud and infrastructure sector, has strengthened its digital asset portfolio by acquiring Rs. 50 crore (USD 6 million) worth of Bitcoin during a period of heightened volatility. The move underscores the company’s conviction in Bitcoin as a long-term strategic asset, even as global markets continue to fluctuate.… Continue reading Hyperscale Data Expands Its Digital Asset Reserves With Rs. 50 Crore Bitcoin Purchase Amid Market Turbulence
Bitcoin Whale Activity Drops Sharply as Prices Slip Below Rs. 90,000 — What’s Driving the Exit?
Bitcoin’s recent descent below Rs. 90,000 has triggered a notable retreat among major holders, commonly referred to as “whales.” This sudden drop in large-scale holdings suggests heightened market uncertainty, shifting investor psychology, and concerns about macroeconomic conditions. As institutional players reduce exposure, liquidity patterns are shifting, prompting analysts to question whether the market is entering… Continue reading Bitcoin Whale Activity Drops Sharply as Prices Slip Below Rs. 90,000 — What’s Driving the Exit?
Maxi Doge Emerges as a High-Conviction Bet as Bitcoin Eyes a Potential Rs. 2 Crore Milestone
As Bitcoin regains strong upward momentum and analysts project a potential climb toward the Rs. 2 crore (USD 240,000) range, speculative enthusiasm is spilling over into the meme-coin ecosystem. Among the tokens drawing heightened attention is Maxi Doge, a newly emerging digital asset attracting early investors seeking outsized returns. With presale dynamics accelerating and liquidity… Continue reading Maxi Doge Emerges as a High-Conviction Bet as Bitcoin Eyes a Potential Rs. 2 Crore Milestone
Bitcoin Dips Below $95K: Temporary Pullback or End of the Bull Run?
Bitcoin has recently slipped below the $95,000 threshold, sparking debate over whether the cryptocurrency’s bull market is over or experiencing a temporary reset. Analysts cite a mix of technical factors, profit-taking, and shifting investor sentiment as drivers of the decline, while macroeconomic uncertainty and tightening liquidity conditions add pressure. Despite the pullback, long-term fundamentals, including… Continue reading Bitcoin Dips Below $95K: Temporary Pullback or End of the Bull Run?
British Cybercriminal Ordered to Return £4.1 Million in Bitcoin After High-Profile Twitter Hack
A 26-year-old British hacker, Joseph James O’Connor, has been ordered to pay back £4.1 million (around US$5.4 million) in Bitcoin for orchestrating the infamous July 2020 Twitter breach that compromised over 130 high-profile accounts, including those of Barack Obama, Elon Musk, and Joe Biden. The Crown Prosecution Service secured a civil recovery order to seize… Continue reading British Cybercriminal Ordered to Return £4.1 Million in Bitcoin After High-Profile Twitter Hack
Liquidity Pressures Threaten to Drive Bitcoin Deeper Into Bear Territory
Bitcoin’s downturn appears far from over as tightening liquidity conditions intensify stress across global financial markets. Analysts warn that the cryptocurrency may face additional downward pressure as capital retreats from risk-sensitive assets and institutional traders adopt a more defensive stance. Concerns over reduced market depth, declining trading volumes, and macroeconomic uncertainty have sparked debates about… Continue reading Liquidity Pressures Threaten to Drive Bitcoin Deeper Into Bear Territory
Bitcoin’s Steep Retreat from $126,000 to $93,000 Reflects Broader Market Strain
After soaring to roughly $126,000 in October, Bitcoin has fallen to about $93,000, igniting concerns that digital-asset markets are more fragile than many anticipated. The decline reflects a confluence of tightening liquidity, disappointing institutional inflows, elevated interest-rate expectations, and large derivatives liquidations—all contributing to intensified downward pressure. The asset’s performance is increasingly tied to macro-financial… Continue reading Bitcoin’s Steep Retreat from $126,000 to $93,000 Reflects Broader Market Strain
Market Strategist Tom Lee Explains the Prolonged Downturn in Bitcoin, Ethereum and XRP
Cryptocurrency markets have entered a deeper corrective phase, with Bitcoin, Ethereum and XRP continuing to slide despite earlier signs of resilience. Market strategist Tom Lee attributes the decline to a combination of tightening liquidity, investor risk aversion and macroeconomic uncertainty. He notes that while digital assets have historically recovered from cyclical drawdowns, the current environment… Continue reading Market Strategist Tom Lee Explains the Prolonged Downturn in Bitcoin, Ethereum and XRP
Bitcoin Payments Enter a New Era: Amboss–Voltage Partnership Unlocks Yield for Digital Transactions
A new collaboration between Amboss and Voltage signals a pivotal advancement in the evolution of Bitcoin-based payments. By integrating yield-generating mechanisms into Lightning Network activity, the partnership aims to transform how businesses manage liquidity, process transactions, and optimize capital efficiency across both Bitcoin and stablecoin rails. The initiative introduces tools that allow payment flows to… Continue reading Bitcoin Payments Enter a New Era: Amboss–Voltage Partnership Unlocks Yield for Digital Transactions