It hit a day-low of $53,302 in the early hours of Sunday.
Bitcoin’s flash crash saw a new record in liquidations, resulting in more than one million positions being wiped off the books.
It added that, among other risks, cryptocurrencies “may cause non-recoverable losses for the parties to the transactions” due to the lack of regulation.
Earlier in 2021, the market value of all bitcoin in circulation hit $1trn for the first time, after a more than 800% surge.
But it is not the only cryptocurrency doing well.
India’s sugar consumption during the peak demand season is set to fall for a second straight year after various states imposed restrictions including restaurant and shop closures to halt rising cases of COVID-19, industry officials told Reuters.
In the latest edition of IPL on Pod, Firstpost’s Ujwal Singh, Shubham Pandey and Jigar Mehta analyse the week gone by in 14th edition of Indian Premier League.
Britain stepped up efforts on Monday to look at the case for a digital pound in response to the challenge posed by cryptocurencies such as bitcoin, and outlined plans to make its financial market more attractive after Brexit.
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Translation tools from Alphabet Inc’s Google and other companies could be contributing to significant misunderstanding of legal terms with conflicting meanings such as “enjoin,” according to research due to be presented at an academic workshop on Monday.
Four drugmakers are set to face trial on Monday in a lawsuit by several large counties in California that are seeking more than $50 billion over claims the companies helped fuel an opioid epidemic by deceptively marketing addictive painkillers.
Consumers bought more sodas in China and India offseting weakness in the United States and Western Europe, where restrictions were more stringent and consumers preferred to snack or cook more at home.
Asia-Pacific Fetal and Neonatal Care Equipment Market are expected to register a 9.
Tencent, China’s biggest social media and video games company, said its investment would fund initiatives in areas including basic science, education innovation, rural revitalisation, carbon neutrality, food, energy, and water provision, assistance with public emergencies, technology for senior citizens and public welfare.
banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters.
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