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Bitcoin’s October rally was mostly driven by whales, according to analysts.

Bitcoin is reaching its all-time high, and bullish contracts on crypto exchanges have seen a significant increase in demand. At the time of writing, the world's most popular cryptocurrency was trading at $61,089 (approximately Rs. 45,96,677) on Coinbase, bringing October's gain to over 40%. According to one expert, the current Bitcoin rise is being driven by whales, and short liquidations have yet to make a significant impact.

After a recent rally, Jack Dorsey’s Square doubles the value of its Bitcoin holdings.

With Bitcoin's recent climb, Jack Dorsey's fintech startup Square has been able to double its stake in the popular cryptocurrency. According to a report, the corporation spent a total of $220 million (Rs. 1,650 crores) in Bitcoin, which is currently valued at over $470 million (Rs. 3,526 crores). A major portion of the increase in the value of Square's holdings was attributable to a recent surge in the price of Bitcoin. Bitcoin was trading under $50,000 (Rs 37.51 lakhs) a month ago, but on Saturday it was trading at $62,000 (Rs 46.52 lakhs), a roughly 25% increase.

Eth, Bitcoin And ICX Reclaim Previous Highs

Eth reclaims $3800, Bitcoin reclaims $61000 and ICX hovers near $2.

Ethereum, Bitcoin And ICX Lead The Market

In an unusual trading week, Ethereum and Bitcoin outperform altcoins.

This Delhi restaurant serves Bitcoin Tikka and Doge Fried Rice, and you can pay in cryptocurrency.

After some skepticism, some small companies, such as restaurants and cafés, that were badly impacted by the pandemic-induced lockdown are now warming to the notion of using bitcoin to make up for their losses over the last two years. A restaurant in New Delhi's Connaught Place has chosen to take Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies as payment. To entice guests, the restaurant Ardor 2.1 has created a unique "Digital Thaali."