Latest news with #CryptoTracker
Time of India
27-05-2025
- Business
- Time of India
Trump Media to raise $2.5 billion to invest in bitcoin
Trump Media and Technology Group will raise about $2.5 billion to invest in bitcoin, U.S. President Donald Trump 's social media firm said on Tuesday, as it looks to diversify its revenue streams with a push into the financial sector. The company is raising the funds by selling $1.5 billion in stock at its last closing price and $1.0 billion in convertible notes priced at a 35% premium, it said in a statement. The bitcoin will be held on Trump Media's balance sheet alongside existing cash and short-term investments totaling $759 million as of the end of the first quarter. Crypto platforms Anchorage Digital and will provide custody for the bitcoin holdings. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Crypto Tracker TOP COIN SETS DeFi Tracker 6.63% Buy AI Tracker 6.12% Buy Crypto Blue Chip - 5 2.18% Buy NFT & Metaverse Tracker 0.15% Buy Web3 Tracker -3.04% Buy TOP COINS (₹) Ethereum 227,055 ( 4.27% ) Buy BNB 58,814 ( 2.74% ) Buy XRP 200 ( 0.63% ) Buy Bitcoin 9,394,483 ( 0.62% ) Buy Tether 85 ( 0.31% ) Buy "We view bitcoin as an apex instrument of financial freedom," Trump Media CEO Devin Nunes said, hailing the move as a "big step forward" in the company's plan to acquire "crown jewel assets consistent with America First principles ". Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Shares of the company behind Truth Social, a streaming and social media platform, were down 6% in early trading. Live Events Trump Media has been exploring potential mergers and acquisitions as it aims to diversify into financial services. Last month, it reached a binding agreement to launch various retail investment products, including crypto and exchange-traded funds aligned with Trump's America First policies. The Trump family, long rooted in skyscrapers and country clubs, has opened multiple beachheads in crypto, quickly gaining hundreds of millions of dollars. Those other crypto forays include Trump NFTs, a meme coin, a stake in a newly formed bitcoin producer called American Bitcoin and the cryptocurrency exchange World Liberty Financial. But the crypto push has attracted scrutiny from lawmakers, including Democratic Senator Elizabeth Warren, who last month asked the U.S. securities regulator about its plans to supervise ETFs due to be launched by Trump Media.
Time of India
23-05-2025
- Business
- Time of India
From holding to hedging: How to choose between spot and futures crypto strategies
Crypto trading is mainstream and is viewed as an asset class in its own right, backed by market forces, and attracting interest from both retail and institutional investors. This is great news. Investors who, like Neo in the Keanu Reeves-starrer Matrix, took the red pill now face a fundamental question: what's the best way to invest? Two methods dominate, being spot trading and futures trading strategies. Each offers multiple benefits, comes with certain challenges, and caters to different investor cohorts. In essence, spot trading appeals to those seeking long-term investment and direct asset ownership, while futures trading is favoured by active traders looking to capitalise on rapid market movements and unlock short-term opportunities. It's important to understand how these strategies work, who they're meant for, and what benefits investors can get. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Gorgeous Female Athletes Ranked. But Did We Get It Right? Click Here Undo Understanding spot trading Spot trading refers to buying or selling crypto at the current market price. In the crypto space, this means buying digital assets with immediate ownership transfer. It works best for those aiming for long-term growth and who are comfortable holding assets digitally. Crypto Tracker TOP COIN SETS DeFi Tracker 8.85% Buy BTC 50 :: ETH 50 4.87% Buy NFT & Metaverse Tracker 4.71% Buy Smart Contract Tracker 4.23% Buy Web3 Tracker 3.65% Buy TOP COINS (₹) Ethereum 228,504 ( 2.12% ) Buy XRP 209 ( 1.52% ) Buy BNB 58,785 ( 0.79% ) Buy Tether 86 ( -0.07% ) Buy Bitcoin 9,470,485 ( -0.3% ) Buy Spot trading is straightforward to execute. It doesn't require users to navigate complex contracts, meet margin requirements, or manage expiries. Instead, it allows them to trade at real-time prices determined by supply and demand. Spot markets are typically liquid and transparent, making them ideal for newcomers. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Live Events However, spot trading doesn't allow investors to use leverage or hedge their positions. This means returns are limited to the capital invested, and investors may have to sell at a loss if the market turns bearish. Additionally, it requires upfront capital, which can be a barrier for small or first-time investors. Exploring futures trading At its core, futures trading involves speculating on how the price of crypto will move, without actually owning the underlying asset. These are standardised contracts that allow traders to agree to buy or sell crypto at a predetermined price on a future date. Futures trading gives traders the opportunity to profit in both bull and bear markets by taking long or short positions, while also offering the option to hedge. It allows the use of leverage, enabling traders to control larger positions with relatively small amounts of capital, amplifying both potential gains and losses. While the rewards can be significant, they're often tempered by the risk of liquidations due to sudden margin calls if a trade moves against the position. This style of trading demands a deeper understanding of crypto markets, technical analysis, and concepts such as contract expiries and funding rates. It's best suited for experienced traders and can serve as a powerful tool for portfolio diversification and risk management . Breaking it down Both trading strategies serve different purposes. Spot trading is simple to understand and works on the principle of 'what you see is what you get.' For instance, if someone buys Bitcoin at $80,0000 and if it rises to $100,000, they can make a profit proportional to the price increase. Futures, on the other hand, involve entering into contracts to benefit from price movements. With 10x leverage, a 10% increase in the underlying asset's price can double the deployed capital, though a sudden drop could wipe out the capital entirely. Spot traders own the actual asset, can transfer it instantly across wallets, and can stake or use it. Futures traders, however, hold contracts that are often used for hedging positions or taking advantage of short-term price changes. The spot market offers stability and tangible ownership for long-term investors. For active traders or institutional players, futures present opportunities for profits through strategies such as arbitrage, hedging, and high-frequency trading. A real-life example helps drive the point home: Over the past few years, Bitcoin has witnessed several rallies. In early 2023, it began climbing from $16,500 and peaked at a whopping $73,000 by March 2024 (a rally similar to the one seen post-Donald Trump's 2016 election as U.S. President). This price surge in 2023 offered up to 340% returns for investors who bought and held the asset. An investor who bought 1 BTC in early 2023 would have made a profit of $56,500, without executing multiple trades or constantly tracking the market. Now, with Bitcoin reaching a new all-time high of over $110,000, the long-term growth story continues to build momentum. This latest milestone reinforces how holding through cycles can deliver substantial rewards for those who believe in the asset's future. On the other hand, a trader in the futures market using 10x leverage could have amplified gains significantly during this run. But the risk of capital erosion also rises, even a temporary price dip can trigger margin calls. While leverage can boost profits, long-term conviction in spot markets tends to give stronger and more sustainable returns. Spot markets are ideal for new and risk-averse investors who want to get comfortable in the crypto space without the pressure of short-term losses. As these investors become more experienced and understand the nuances of leverage and risk management, futures can serve as a powerful next step. Ultimately, the best strategy depends on an investor's financial goals and risk appetite. Success in crypto investing is driven by domain knowledge, discipline, and adaptability, skills that contribute to meaningful wealth creation and long-term portfolio growth. (The author, Raj Karkara is the COO at ZebPay) ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
12-05-2025
- Business
- Time of India
Crypto prices today: Bitcoin tops $105K on US-China trade optimism; Altcoins mixed
Bitcoin surged above $105,000 on Monday, driven by growing optimism around U.S.-China trade talks and increasing interest in the broader cryptocurrency market. As of midday trading (IST), the world's leading cryptocurrency was hovering around $103,914 after touching an intraday high of $105,039. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No one would believe how you can use plastic bottles at home! Story to Hear Undo Global financial markets also reacted positively to reports that the U.S. may reduce tariffs on Chinese imports. Although no deal has been finalised, hopes of a rollback to earlier levels are raising expectations that a global recession might be avoided. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Crypto Tracker TOP COIN SETS DeFi Tracker 36.29% Buy AI Tracker 35.00% Buy NFT & Metaverse Tracker 31.57% Buy Web3 Tracker 26.97% Buy Crypto Blue Chip - 5 18.08% Buy TOP COINS (₹) Ethereum 218,674 ( 2.78% ) Buy XRP 206 ( 1.96% ) Buy Bitcoin 8,949,228 ( 1.03% ) Buy BNB 56,336 ( 0.47% ) Buy Tether 85 ( -0.69% ) Buy 'The market is still bullish, especially with a possible U.S.-China trade deal on the way,' said Vikram Subburaj, CEO of Giottus Crypto Platform. 'If Bitcoin stays above $105,000, it could hit new highs soon.' Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Bitcoin's market capitalisation rose to $2.067 trillion, with daily trading volume increasing 4% to $46.32 billion. The overall cryptocurrency market cap now stands at $3.46 trillion, though it slipped slightly by 2% in the past 24 hours. Live Events Technical analysts say Bitcoin is gaining strong upward momentum. Piyush Walke, Analyst at Delta Exchange, pointed out that Bitcoin recently broke out of a bullish chart pattern. 'If the breakout holds, Bitcoin could rise to $115,600,' he said, while noting that resistance could emerge near the $107,000 level. Also Read: Crypto market regains bullish momentum amid economic shifts and institutional inflows Sathvik Vishwanath, CEO of Unocoin, added a note of caution. 'Technical indicators show overbought conditions, which could lead to a short-term pullback. Key support lies at $100,000, and resistance is at $106,265.' Meanwhile, altcoins showed mixed results. Ethereum fell slightly but stayed strong above $2,500. Dogecoin, Cardano, Sui, Chainlink, and Shiba Inu gained up to 3%. Pi coin jumped over 40%, becoming the top performer of the day. Also Read: 5 timeless Warren Buffett quotes every investor should know Market sentiment remains optimistic. According to CoinDCX, the Crypto Fear & Greed Index climbed to 73, indicating increased investor confidence. More than 110,000 Bitcoin were withdrawn from exchanges in the past month — a bullish signal, often interpreted as investors preparing to hold rather than sell.
Time of India
09-05-2025
- Business
- Time of India
Bitcoin surpasses $103,000 as U.S.-U.K. trade deal fuels market optimism
Bitcoin reached $103,000 for the first time since February on Friday, driven by optimism surrounding a significant trade agreement between the United States and the United Kingdom, signaling potential relief from ongoing trade tensions. As of 6:48 am IST, Bitcoin was trading at $102,889, up 5.3% on the day, with intraday highs reaching $103,969. While still below its all-time high of $109,114 set in January, Bitcoin has made a strong recovery and is now in positive territory for the year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo Ashish Singhal, Co-founder of CoinSwitch, attributed Bitcoin's resurgence to a combination of global policy changes, institutional confidence, and macroeconomic factors. He noted that the optimism surrounding U.S.-China and U.S.-U.K. trade talks, along with steady interest rates by the U.S. Federal Reserve, has had a positive impact on Bitcoin as a digital risk asset. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Crypto Tracker TOP COIN SETS DeFi Tracker 12.10% Buy Crypto Blue Chip - 5 8.12% Buy Web3 Tracker 8.10% Buy NFT & Metaverse Tracker 5.80% Buy AI Tracker 5.67% Buy TOP COINS (₹) Ethereum 189,144 ( 21.94% ) Buy XRP 198 ( 9.08% ) Buy Bitcoin 8,839,348 ( 6.24% ) Buy BNB 53,688 ( 5.13% ) Buy Tether 86 ( 1.43% ) Buy 'Bitcoin's recovery reflects a global convergence of policy shifts and institutional confidence,' Singhal said. He also highlighted the U.S. government's decision to establish a Strategic Bitcoin Reserve earlier this year, marking a historic embrace of digital assets at the sovereign level. This move, along with recent Bitcoin Strategic Reserve bills passed in Arizona and New Hampshire, signals growing support for Bitcoin at a policy level. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Meanwhile, altcoins also saw significant gains. Ethereum surged 22%, XRP increased by 8.7%, and Solana rose 9.7%, among other notable movers. The global cryptocurrency market capitalization climbed 6.65% to $3.22 trillion, according to CoinMarketCap. Live Events Also Read: Crypto market regains bullish momentum amid economic shifts and institutional inflows Bitcoin's market cap surpassed $2 trillion, currently standing at $2.039 trillion, while trading volume surged 63.5% to $68.7 billion. The total volume of stablecoins now represents 93.89% of the total 24-hour cryptocurrency market volume, which amounts to $153.44 billion. Also Read: 5 timeless Warren Buffett quotes every investor should know ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
06-05-2025
- Business
- Time of India
Bitcoin holds near $94k as crypto market dips ahead of Fed decision
The broader cryptocurrency market edged lower on Tuesday, with Bitcoin holding steady near the $94,000 mark amid investor caution ahead of the U.S. Federal Reserve 's policy announcement. Altcoins faced steeper losses, while market participants weighed technical signals, institutional activity, and macroeconomic uncertainties. As of 11:17 AM IST, Bitcoin was down 0.2% at $94,371 after hitting an intraday high of $95,193. Ethereum fell 0.3% to $1,802, while the global crypto market cap slipped 0.38% to $2.93 trillion. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Innovative Jackets for Mountain Adventures [Buy Now] Trek Kit India Learn More Undo "Bitcoin is trading near $94,500, showing signs of consolidation after a steep rally,' said Sathvik Vishwanath, Co-Founder & CEO of Unocoin. 'Technical indicators suggest weakening momentum, with RSI cooling near neutral zones. Key support lies at $90,000 and $88,800, while resistance looms at $95,000 and the psychological $100,000 mark.' Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Crypto Tracker TOP COIN SETS BTC 50 :: ETH 50 -2.27% Buy Crypto Blue Chip - 5 -2.77% Buy Smart Contract Tracker -3.32% Buy NFT & Metaverse Tracker -5.60% Buy Web3 Tracker -8.69% Buy TOP COINS (₹) BNB 50,590 ( 1.6% ) Buy Tether 84 ( 0.23% ) Buy Bitcoin 7,978,806 ( 0.01% ) Buy Ethereum 152,489 ( -0.48% ) Buy XRP 178 ( -2.65% ) Buy According to Vishwanath, a breakout above $100K could open the door to targets between $104K and $109K. 'On-chain data shows increased whale accumulation and active addresses, hinting at long-term bullish intent. However, macroeconomic uncertainty and upcoming Fed signals may cause short-term volatility.' Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » 'Bitcoin continues to trade within a consolidation range, showing minimal price movement,' said Piyush Walke, Derivatives Research Analyst at Delta Exchange. 'Implied volatility remains subdued, and Bitcoin dominance has steadily increased to 63.46%. This reflects a lower risk appetite and a flight to safety during uncertain conditions.' Live Events Ethereum has also been range-bound, trading between $1,800 and $1,900. 'A breakout above $1,938 could signal a reversal, while a drop below $1,800 may lead to further declines. RSI is nearing oversold territory, suggesting a potential short-term bounce,' Walke added. Also Read: Crypto market regains bullish momentum amid economic shifts and institutional inflows Altcoins bore the brunt of the market pullback. XRP dropped 2.5%, Cardano 3.2%, Chainlink and Stellar both fell 3.5%, and Litecoin tumbled 6.5%. Solana and Dogecoin also posted losses. BNB stood out as the only gainer, posting modest upside. Vikram Subburaj, CEO of Giottus Crypto Platform, pointed to strong institutional interest . 'Bitcoin saw sharp intraday swings between $93,600 and $95,174 as traders braced for tomorrow's US Fed interest rate decision. MicroStrategy 's purchase of 1,895 BTC helped steady the price,' he said. Subburaj added that if spot ETF inflows remain strong and the Fed strikes a neutral tone, Bitcoin could resume its uptrend. 'However, a hawkish stance or fresh recession fears might cap upside. $92,000 should act as strong support in that case,' he noted. According to the CoinSwitch Markets Desk, Bitcoin traded between $93,700 and $95,100 on Monday and is currently hovering around $94,110. 'The 14-day RSI stands at 59.66%, reflecting a neutral stance, while the MACD oscillator shows slight bullish momentum with a reading of 2,637.15,' the desk noted. BTC also remains above its 20-day, 50-day, and 100-day moving averages, indicating ongoing bullish strength despite the recent pullback. However, geopolitical concerns added pressure after U.S. President Donald Trump proposed a 100% tariff on foreign-made films, spooking global risk markets. With Bitcoin dominance rising to 63.87% and stablecoins contributing over 94.5% of total trading volume, the market is clearly in risk-off mode. Still, analysts suggest the $93,000–$95,000 zone may serve as a springboard for renewed momentum. 'If BTC can sustain above $93K, retesting all-time highs could happen quickly,' CoinSwitch analysts said. 'But if it stays range-bound, that could set the stage for an altcoin rally.' ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
