Tue, 21-Oct-2025

Plunging value of dollar-linked cryptocurrency sparks panic

cryptocurrency

A cryptocurrency whose cost is supposed to be pegged to the dollar has misplaced half of its price this week, sparking panic in the already febrile international of crypto property. Terra UST, which is supposed to track at kind of $1 per coin, at one level changed into buying and selling at 30 cents on Wednesday earlier than … Read more

Bitcoin continues to decline from its high in November

Bitcoin

RIYADH: Bitcoin, the leading cryptocurrency, plunged around 30 per cent from the year’s high of $69,000 on November 10, Arab News reported. It; however, traded higher on Sunday, rising by 2.82 per cent to $48,972 at 5:14pm Riyadh time. Ether, the second most popular cryptocurrency, traded at $4,140, up 4.16 per cent, according to data from CoinDesk. … Read more