• CryptoCurrency

    Bitcoin Falls to Half Its Peak as Investors Shun Risk

    The price of Bitcoin fell 5.3% to $33,879 on Sunday afternoon and is now about half its all-time high. It wasn’t immediately clear what had triggered the decline, but the cryptocurrency’s market tumble over the weekend echoed the broader stock market’s decline last week as investors moved away from riskier assets. Bitcoin, the largest cryptocurrency, hit a peak price of $67,802.30 in November 2021. The Federal Reserve’s announcement Wednesday that it was raising interest rates by a half point, the largest hike since 2000 with additional increases expected this summer, sent the Dow Jones Industrial Average on Thursday down 1,063 points, or 3.1%. The S&P 500 dropped 3.6%, and the…

  • Bitcoin

    This cryptocurrency zooms over 10,500% after Elon Musk buys Twitter, do you own it?

    Despite being Elon Musk’s favourite, Dogecoin was not the crypto token most benefited from Elon Musk’s Twitter takeover. ELON BUYS TWITTER reached $ 0.000009443 and was up 10,524 per cent up Tech billionaire Elon Musk bought the microblogging website Twitter for a whopping $44 billion last night, but his favourite cryptocurrency Dogecoin was not the token most benefited from this news.  As per data from CoinMarketCap, the token was created on April 21 and is being traded on decentralised exchanges like PancakeSwap and OpenOcean.   ELON BUYS TWITTER was trading up 4589.35 per cent at $ 0.000004094 as of 9:35 am IST on Tuesday as per data from CoinMarketCap.  The creators of the…