All posts tagged: bitcoin

Bitcoin dropped to ,000 as 0M leveraged longs liquidated in 60 minutes

Bitcoin dropped to $58,000 as $450M leveraged longs liquidated in 60 minutes

Published by Parlour News

Crypto markets saw a huge shock as about $450 million in leveraged long positions were wiped out in just 60 minutes, showing how fast trading can turn risky when prices move sharply. Crypto markets saw $450M in leveraged long liquidations as Bitcoin fell to $58,000. (Pexel/Representative image) (Pexel) Crypto liquidation crash Bitcoin fell to around $58,000 after the sell-off, hitting one of its weakest levels since late 2024 and shaking trader confidence. The $58,000 level is now a key “battle zone,” where buyers are trying to support the price while sellers are trying to push it lower. A large part of the drop was not due to any weakness in Bitcoin’s technology or adoption, but due to forced selling from leveraged trades. Bitcoin leverage trading risk Leveraged long positions mean traders borrow money to bet that Bitcoin will go up, which increases both profit and risk. When Bitcoin falls below a trader’s liquidation price, exchanges automatically sell their position to protect the borrowed money, as per the report by CoinGlass. This forced selling creates more …

This Compact Bitcoin Miner Lets You Solo-Mine For

This Compact Bitcoin Miner Lets You Solo-Mine For $60

Published by Webster

BlockChance delivers 1,000 KH/s of hashing power in a pocket-sized device that runs quietly and efficiently. We may earn from vendors via affiliate links or sponsorships. This might affect product placement on our site, but not the content of our reviews. See our Terms of Use for details. TL;DR: Get a desk-friendly Bitcoin ticket miner with 1,000 KH/s hashing power for $59.99 (reg. $149.99). Solo-mining Bitcoin typically requires warehouse-scale infrastructure and massive power consumption. The BlockChance Bitcoin Ticket Miner takes a different approach. For $59.99 (reg. $149.99), this compact device turns Bitcoin mining into a probability-based lottery. You submit solo-mining tickets for a chance at capturing a full Bitcoin block reward without the noise, heat, or infrastructure headaches of traditional mining operations. BlockChance delivers 1,000 KH/s of hashing power in a pocket-sized device The BlockChance pushes approximately 1,000 KH/s of hashing power. That’s roughly 18 times more than typical ticket miners on the market. More hashing power means more lottery tickets submitted daily, which statistically improves your odds of hitting a block reward. While probability …

Raj Kundra says ‘Satyamev Jayate’ after getting bail in alleged Bitcoin scam case, which he calls ‘hyped’ by media

Raj Kundra says ‘Satyamev Jayate’ after getting bail in alleged Bitcoin scam case, which he calls ‘hyped’ by media

Published by Webster

On Friday, a special court granted bail to Shilpa Shetty’s husband and businessman Raj Kundra in an alleged Bitcoin investment scam case. The special Prevention of Money Laundering Act (PMLA) court granted him bail after he appeared before it in a money laundering case linked to GainBitcoin. He spoke to the press afterwards and said ‘Satyamev Jayate’ (truth alone triumphs). Businessman Raj Kundra at the Prevention of Money Laundering Act (PMLA) Court, in connection with the GainBitcoin scam. (ANI Video Grab) Raj Kundra granted bail in alleged money laundering case The special PMLA court in Mumbai granted Raj bail on Friday after he presented himself before the court in a case registered by the Enforcement Directorate (ED). The case is linked to an alleged Bitcoin scam from 2018. Raj’s advocate, Prashant Patil, told ANI that the ED had filed a charge sheet against his client, but there was no strong basis for it. He also mentioned that Raj has been cooperating with the ED since 2018. Raj was granted bail on a surety of ₹1 …

1 Bitcoin for a name: New ransom twist in Nancy Guthrie kidnapping case after ‘Carlos’ detained in US | World News

1 Bitcoin for a name: New ransom twist in Nancy Guthrie kidnapping case after ‘Carlos’ detained in US | World News

Published by Parlour News

4 min readUpdated: Feb 11, 2026 09:55 PM IST A new bitcoin demand has surfaced in the kidnapping case of Nancy Guthrie, adding another twist to the intensifying investigation into the 84-year-old’s disappearance. TMZ reported Wednesday that it received a new message demanding cryptocurrency in exchange for information about the alleged kidnapper. New note seeks 1 Bitcoin for name According to TMZ, the outlet received the message just before 5 am PT. The sender allegedly claimed they had attempted to contact Savannah Guthrie and her siblings without success. The note, which has not been independently verified or confirmed by law enforcement, allegedly reads, “If they want the name of the individual involved then I want 1 Bitcoin to the following wallet. Time is more than relevant.” TMZ reported that the sender offered to provide the name of the individual responsible in exchange for the payment. Authorities have not publicly confirmed the authenticity of the message or whether it is connected to the ongoing investigation. Comes after detainment following surveillance release The reported note came just …

A confidence crisis or something far deeper?| Business News

A confidence crisis or something far deeper?| Business News

Published by Parlour News

Price, relevance, conviction — Bitcoin is bleeding all three. Bitcoin fell nearly 11% in January, marking its fourth straight monthly decline — the longest losing streak since 2018 (REUTERS/ Representative) The world’s largest cryptocurrency slipped below $76,000 in thin weekend trading, dropping about 40% from its 2025 peak and revisiting levels last seen in the aftermath of the “Liberation Day” tariff fallout. What began as a sharp crash in October has morphed into something more corrosive: a selloff shaped not by panic, but by absence of buyers, momentum and belief. Unlike the October drawdown, there’s been no obvious spark, cascading liquidations or systemic shock — just fading demand, thinning liquidity, and a token that’s untethered to broader markets. Bitcoin has failed to respond to geopolitical stress, dollar weakness, or risk rallies. Even during gold and silver’s violent swings in recent weeks, crypto saw no rotation. Bitcoin fell nearly 11% in January, marking its fourth straight monthly decline — the longest losing streak since 2018, during the crash that followed the 2017 boom in initial coin …

Raj Kundra summoned in Rs 6000 crore bitcoin money laundering case

Raj Kundra summoned in Rs 6000 crore bitcoin money laundering case

Published by Webster

The special Prevention of Money Laundering Act (PMLA) court has issued a summons to actress Shilpa Shetty’s husband and businessman Raj Kundra, along with New Delhi-based businessman Rajesh Satija. The court noted that the prosecution`s complaint and the record of the case show that he is prima facie involved in the offence of money laundering. Raj Kundra summoned The Enforcement Directorate (ED) had earlier filed a supplementary prosecution complaint with regard to a money-laundering probe in Rs 6,606 crore bitcoin scam involving Delhi-based company Variabletech Pvt Ltd (VTPL). The complaint was filed against Kundra and Satija, last year. The special court took cognisance of the complaint and said, “There is sufficient material to proceed against accused Nos.17 (Kundra) and accused no 18 (Rajesh Ram Satija) for the offence under section 3 punishable under section 4 of the PMLA. The ED has made out a prima facie case to take cognisance and to proceed against accused Nos.17 and 18 for the offence under section 3 punishable under section 4 of the PMLA and to issue proceedings …

Elon Musk Says X Money Payments Will Launch in ‘Very Limited Access Beta’ Soon

Elon Musk Says X Money Payments Will Launch in ‘Very Limited Access Beta’ Soon

Published by Webster

X Money is expected to launch later this year, bringing support for digital payments to X, the microblogging platform previously known as Twitter. Tesla CEO Elon Musk has been teasing the X Money payments service for the past three years. While the billionaire has yet to announce a launch date for the service, Musk recently said that the network infrastructure will undergo limited beta testing before it is launched. This network is aligned with Musk’s vision of transforming X from a microblogging platform to an “everything app”. X Money Beta Testing Ahead of Anticipated Launch in 2025 On Monday, an X account (@teslaownerssv), posted claims about the upcoming X Money platform. It was claimed that X Money would be launched soon and that the “everything app” will become even bigger with payments and banking services. Musk, who is highly active on X, responded to the post stating, “This will be a very limited access beta at first,” the Tesla chief noted. “When people’s saving are involved, extreme care must be taken.” As per reports, this …

Why bitcoin has touched all time high of 0k following a key crypto bill in US | Business News

Why bitcoin has touched all time high of $110k following a key crypto bill in US | Business News

Published by Parlour News

Bitcoin has reached a new all-time high as it breached the $110,000 cap for the first time, following the advancement of a key crypto bill in the United States Senate, which has received bipartisan support, and is expected to aid those running crypto businesses. The bill, called the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, has advanced in the US Senate, after some Democrat members who had initially opposed it, joined their Republican colleagues in supporting the bill, which regulated primarily stablecoin. Bitcoin has fallen last month briefly over geopolitical uncertainties following Trump’s tariff-induced assault on many countries, triggering fears of a global economic turmoil. However, with some of those concerns reducing, after events like the US signing a trade deal with China, the digital currency has been gaining momentum. The GENIUS Act played a further role in its upward surge. Story continues below this ad While the bill has received support from some Democrat members because of which it moves forward in the US Senate, there are growing concerns that US …

Bitcoin Price Drops Below 3,000 Amid Ongoing Market Uncertainty

Bitcoin Price Drops Below $103,000 Amid Ongoing Market Uncertainty

Published by Webster

Bitcoin’s price saw a slight price drop on Monday, as the values of most cryptocurrencies fell over the weekend. The price of the world’s largest cryptocurrency dropped by less than one percent on international exchanges over the past 24 hours. At present, Bitcoin is trading at $102,845 (roughly Rs. 87.9 lakh) on global platforms, as per data by CoinMarketCap. The asset also followed a similar trajectory on Indian exchanges, where its price fell by 0.10 percent to trade at $105,595 (roughly Rs. 90.3 lakh) on platforms like CoinSwitch and CoinDCX. The price of Ether fell by five percent over the past 24 hours. ETH was trading at $2,376 (roughly Rs. 2.03 lakh) on international exchanges on Monday. On Indian exchanges, Ether slipped by nearly five percent, and it is available at $2.08 lakh (roughly Rs. 2,435). “Bitcoin has been consolidating within a tight range recently. Bulls are now attempting to push past the key resistance level at $105,820 (roughly Rs. 90.4 lakh). Supporting this momentum, both moving averages are trending upward, and the Relative Strength …

Bitcoin Price Rises Above 4,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025

Bitcoin Price Rises Above $104,000 Mark; JPMorgan Says Bitcoin Could Outperform Gold in H2 2025

Published by Webster

Bitcoin’s price rose by 1.30 percent on international exchanges on Friday, even as the overall crypto market shows signs of instability. The digital asset is now trading at $104,010 (roughly Rs. 89.09 lakh) on global platforms, as per CoinMarketCap. Meanwhile, on Indian exchanges, the value of the asset rose by nearly two percent to trade $104,770 (roughly Rs. 89.7 lakh). Amid the ongoing Bitcoin rally, JPMorgan has predicted that Bitcoin could outperform gold in the second half of 2025. “Bitcoin has continued to trade within a range between the $101,700 (roughly Rs. 87.1 lakh) support and $104,800 (roughly Rs. 89.7 lakh) resistance levels, maintaining its position above the critical $100K mark for the seventh consecutive day. BTC ETFs recorded outflows totalling $295 million (roughly Rs. 2,527 crore),” Edul Patel, Co-founder and CEO of Mudrex told Gadgets 360. Unlike Bitcoin, the price of Ether dropped by 0.15 percent to trade at $2,588 (roughly Rs. 2.21 lakh) on international exchanges. On Indian platforms, Ether clocked minor losses of up to 0.22 percent, bringing its price to $2,599 …