Bitcoin broke past the USD 90,000 mark on Wednesday, setting a new all-time high in a rally that shows no sign of slowing. Investors are fueling the surge, driven by expectations that Donald Trump’s election as US president will bolster the cryptocurrency market
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At its peak, FTX was worth billions of dollars, but the exchange eventually collapsed, leading to Bankman Fried’s conviction for fraud and a 25-year prison sentence
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Among the top states, Karnataka has emerged as the nation’s most dynamic Web3 hub, home to 97 startups that comprise a substantial 33 per cent of India’s Web3 ecosystem, as per a Bharat Web3 Association report. Maharashtra follows with 47 firms, or 16 per cent of the sector
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Bitcoin, the world’s largest cryptocurrency, briefly touched USD 89,982, seeing a 30 per cent rise since 5 November
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The cryptocurrency climbed as much as 4.7 per cent to reach USD 80,092 on Sunday, marking an unprecedented high. Trump’s campaign promises to strengthen the United States’ role in digital assets, including the formation of a strategic Bitcoin reserve and the appointment of pro-crypto regulators, have galvanised the market
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