Tag Archives: Bitcoin

MARKET LIVE: Indices volatile; Berger Paints gains 4%, Tata Steel up 3%

By | February 10, 2021

LIVE market updates: The Indian markets fluctuated between gains and losses after opening little changed on Wednesday, amid mixed cues from their Asian peers. Among the headline indices, the S&P BSE Sensex traded around 51,380 levels, up 50 points and the Nifty50 index was near the 15,100 mark. PowerGrid, Tech Mahindra, Infosys, and Larsen & Toubro fell 1… Read More »

Crypto industry has ‘wind in its sails’, 8 companies eye public offerings

By | January 24, 2021

The IPO fever whipping up animal spirits in the stock market has spilled over into the crypto-sphere. After watching investors pour millions into blank-check companies and seeing the likes of JFrog and Snowflake surge on market debuts, at least eight crypto firms are eyeing initial public offerings. Coinbase has filed. Other exchanges are laying… Read More »

MARKET LIVE: Sensex hits 48,000 for the first time, Nifty near 14,100

By | January 4, 2021

LIVE market live updates: The Indian markets made a firm start on Monday, recording their fresh new high, after the Indian drug regulator DGCI gave its approval to Covid vaccines produced by AstraZeneca and Bharat Biotech for emergency use in the country. Among the headlne indices, the S&P BSE Sensex shot up 230 points and was trading above the… Read More »

Cryptocurrency-linked stocks surge as Bitcoin hits $23,000 milestone

By | December 18, 2020

Cryptocurrency-exposed stocks soared on Thursday as Bitcoin smashed through another record. Bitcoin topped $23,000 per token on Thursday, having only surpassed the $20,000-milestone for the first time on Wednesday. The digital currency is currently trading at $23,153, according to a composite of prices compiled by Bloomberg. Early Thursday stock gains included Marathon Patent Group’s… Read More »

Chris Wood cuts exposure to gold, a first in years; invests in Bitcoin

By | December 18, 2020

The spectacular surge in Bitcoin over the past few months has lured traders and investors to the cryptocurrency. The spurt over the last few weeks has now prompted Christopher Wood, global head of equity strategy at Jefferies to trim exposure in gold in favour of bitcoin in his long-only global portfolio for US dollar-denominated pension funds,… Read More »

Bitcoin @ $22,000: Should you dump gold for the crypto? Your query answered

By | December 17, 2020

One of the world’s biggest digital currencies Bitcoin, surpassed $22,000 for the first time today, achieving yet another milestone in what’s been a jaw-dropping rally for the controversial digital asset this year.To put things in perspective, the digital currency has almost tripled this year, rising nearly 200% on a year-to-date basis, and has been clocking its… Read More »

Bitcoin surpasses $20,000 for first time amid dizzying rally

By | December 16, 2020

Bitcoin surpassed $20,000 for the first time, another milestone in what’s been an eye-popping rally for the controversial digital asset this year. The world’s largest cryptocurrency rose as much as 3.8% to $20,154 on Wednesday, vindicating forecasts that were scoffed at months ago and leading to even higher prognostications. Bitcoin has almost tripled this… Read More »

Bitcoin hits record high of $19,808 after sharp decline last week

By | November 30, 2020

Bitcoin hit a record high on Monday of $19,864, breaking its prior record set in Dec. 2017 as its 2020 rally powered on. The world’s biggest virtual currency was last up 7.3% at $19,524. Bitcoin has gained more than 170% this year, fuelled by a demand for riskier assets… Read More »