BITCOIN

Bitcoin traded at about $16,500 per unit on Thursday, down from $45,000 in September 2021 when El Salvador adopted the cryptocurrency, and some $68,000 two months later -- its highest historic value.

El Salvador's long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the world's first to adopt the cryptocurrency as legal tender, has lost its luster this time amid a deep rout in the digital currency universe.

The cryptocurrency industry is currently experiencing a never-before-seen crisis folowing the spectacular collapse of FTX.

Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday.

In the last 24 hours, BTC fell 5.69% while ETH dropped 6.78%.

The crypto market on Nov. 10 witnessed a significant decline in the price of Bitcoin (BTC) which dropped to its two-year low after briefly losing $16,000.

The crypto market crashed on Nov. 9 as Bitcoin dropped below $19,000 and Ether failed to retain $1,300. Altcoins bled profusely as well.

The crypto market crashed violently as almost every crypto coin in the top 200 was bearish as Bitcoin lost the $20,000 price level.

Over 50,676 Bitcoins and $661,900 in cash as well as various precious metals were seized from the premises of James Zhong who acquired them from Silk Road through illicit means.

As per Iris Energy, the three debt facilities in dispute are $1 million, $32 million, and $71 million worth of equipment loans secured by Bitcoin miners with hashrates of 0.2 EH/s, 1.6 EH/s, and 2.0 EH/s.

The crypto market on Monday turned bearish with Bitcoin and Ether losing the $21,000 and $1,600 price level respectively in the last 24 hours.

BTC has jumped 0.28% in the last seven days, while ETH's price surged 2.74% in the same period.

The crypto market saw BTC and ETH trading volumes jump, but the price action remained less volatile for the leading cryptocurrencies.

According to an announcement, the company suffered a "minimal bitcoin impairment charge" due to lowered volatility in the price of the world's biggest crypto exchange in the third quarter of this year.

The trading volume of BTC dipped 17.02%, while that of ETH dropped 26.19%.

Pick n Pay has successfully completed the testing of accepting Bitcoin for payments for groceries at physical stores.

The trading volume of BTC jumped 42.01%, while that of ETH dropped 25.56%.

The crypto market saw Bitcoin and Ether turning slightly bearish but they successfully retained $20,000 and $1,500 price levels.

The crypto market turned bearish on Oct. 28 as Bitcoin retained the $20,000 price level, while Ether retested $1,500.

BTC jumped 8.96% in the last seven days, while ETH's price was up 21.41%.

Asset manager Stone Ridge will invest $250,000 in select Taro and Lightning Network startups.