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Global cryptocurrency market crash; Bitcoin, Altcoins plunge and billions wiped out

KATHMANDU: The global cryptocurrency market suffered a sharp crash this week, wiping out hundreds of billions in value as Bitcoin and major altcoins saw steep price declines amid forced liquidations, increased risk-off sentiment, and broader financial market stress. This downturn has significantly impacted investors, traders, and digital-asset ecosystems worldwide....

Global cryptocurrency market crash; Bitcoin, Altcoins plunge and billions wiped out
Finance companies swing to profit of Rs 32.15 million but bad loans soar to 55% in some firms

Finance companies swing to profit of Rs 32.15 million but bad loans soar to 55% in some firms

Gold Price in Nepal Plunges Rs 20,500 per Tola as Global Bullion Market Falls; Silver Drops Rs 440

Gold Price in Nepal Plunges Rs 20,500 per Tola as Global Bullion Market Falls; Silver Drops Rs 440

Global IME Bank launches IPO application facility and live market updates via ‘Global Smart Plus’ app

Global IME Bank launches IPO application facility and live market updates via ‘Global Smart Plus’ app

Fiscal liquidity improves as Nepal Government cash balance hits record level

Fiscal liquidity improves as Nepal Government cash balance hits record level

NEPSE falls 17.53 points to 2,714.05; Turnover reaches Rs 14.56 billion

NEPSE falls 17.53 points to 2,714.05; Turnover reaches Rs 14.56 billion

India hands over second tranche of election-related assistance to Nepal; Over 250 vehicles delivered

India hands over second tranche of election-related assistance to Nepal; Over 250 vehicles delivered

Development banks earn Rs 3.43 billion in net profit in H1; Three institutions still in loss

Development banks earn Rs 3.43 billion in net profit in H1; Three institutions still in loss

Economy must be common agenda in upcoming elections – FNCCI President Dhakal

Economy must be common agenda in upcoming elections – FNCCI President Dhakal

Commercial banks earn Rs 30.59 billion profit in H1of FY 2025/26; Kumari Bank jumps 886.5%, Nabil leads in earnings

Commercial banks earn Rs 30.59 billion profit in H1of FY 2025/26; Kumari Bank jumps 886.5%, Nabil leads in earnings

Gold price jumps over Rs 20,000 per tola in a single day, Hits record Rs 339,300

Gold price jumps over Rs 20,000 per tola in a single day, Hits record Rs 339,300

Laminar receives Nepal Standard Product Certification

Laminar receives Nepal Standard Product Certification

Tigg to host ‘Tigg Conference 2026’, Spotlight on future of accounting and business

Tigg to host ‘Tigg Conference 2026’, Spotlight on future of accounting and business

Low demand deposits, High fixed savings: What Nepal’s banking data says about the economy

Low demand deposits, High fixed savings: What Nepal’s banking data says about the economy

Finance Minister Khanal urges immediate action to remove Nepal from FATF grey list

Finance Minister Khanal urges immediate action to remove Nepal from FATF grey list

Non-Life Insurance business up 13.37% in Q2; Industry writes over Rs 236 billion in premiums

Non-Life Insurance business up 13.37% in Q2; Industry writes over Rs 236 billion in premiums

Ncell renews ISO 27001 and ISO 27701 certifications for data privacy and information security

Ncell renews ISO 27001 and ISO 27701 certifications for data privacy and information security

Global IME Bank launches Kiosk-based account opening service

Global IME Bank launches Kiosk-based account opening service

Everest Bank profit and distributable earnings rise, EPS declines

Everest Bank profit and distributable earnings rise, EPS declines

Nepal Bank profit jumps on lower provisions, Distributable profit still negative at Rs 914.9 million

Nepal Bank profit jumps on lower provisions, Distributable profit still negative at Rs 914.9 million

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Global cryptocurrency market crash; Bitcoin, Altcoins plunge and billions wiped out

Global cryptocurrency market crash; Bitcoin, Altcoins plunge and billions wiped out

Gold Prices shatter historic records: Why the yellow metal is rising every day

Gold Prices shatter historic records: Why the yellow metal is rising every day

Bitcoin plunges sharply earlier today amid renewed risk aversion and global market pressure

Bitcoin plunges sharply earlier today amid renewed risk aversion and global market pressure

US strike on Venezuela sends ripples through global oil market

US strike on Venezuela sends ripples through global oil market

BYD overtake Tesla as world’s largest EV seller, Marking historic shift in global auto industry

BYD overtake Tesla as world’s largest EV seller, Marking historic shift in global auto industry

Around 40 killed, over 100 injured in explosion at Swiss Ski Resort bar

Around 40 killed, over 100 injured in explosion at Swiss Ski Resort bar

ACCA ends remote exams over AI cheating, Raising concerns for international students

ACCA ends remote exams over AI cheating, Raising concerns for international students

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