Browsing Tag
Bitcoin
66 posts
Bitcoin heading to zero, China warns investors
Beijing, June 26 : As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned…
Bitcoin falls below $18K, Ethereum down 80% in freezing crypto winter
The likely bottom range at $14,000 would represent a drop of around 80 per cent for Bitcoin from the $68,000 all-time high.
End of the crypto craze? Indian investors wary as mega sell-off continues
New Delhi, June 18 : As foreign portfolio investors continue to pull out money from the Indian equity…
Bitcoin now has higher market cap than Russian currency
Terra's LUNA token had a stratospheric rise, climbing nearly 70 per cent during the last week, and is now trading at approximately $94.
Cryptocurrencies could attract tax rates similar to lottery, TDS provisions
The losses from the sale of cryptocurrency may not be allowed to be adjusted from other income and should also not be allowed to be carried forward, Taxmann said.
Private cryptocurrencies pose risk, prone to frauds, illegal acts: RBI report
Besides, the report said inflationary pressures in food and energy increased significantly in the recent months, with food prices remaining far above their long-term growth rates.
Global action needed to regulate technology like cryptocurrency: Nirmala Sitharaman
Her comments come at a time when the government is preparing to come out with legislation to regulate cryptocurrencies.
Bill to ban all cryptocurrencies to be tabled in Winter Session of Parliament
Prime Minister Narendra Modi had earlier said that all democratic countries need to work together on cryptocurrency and ensure that it does not end up in the wrong hands.
Bitcoin Scandal kingpin’s arrest sends jitters through Karnataka Politicians
The Opposition Congress has launched a tirade against the BJP in connection with the Bitcoin scandal, demanding a judicial probe into the matter.
Elon Musk-run electric car company Tesla may soon begin accepting Bitcoin again
It becomes the fifth US company to join the $1 trillion club, after Apple, Microsoft, Amazon, and Alphabet.
Top Cryptocurrencies that can become Bitcoin of the Future
New Delhi, Oct 27 : There are a whopping 6,500 cryptocurrencies out there globally but not all can…
Top 10 Hackers behind $5.2 billion worth Ransomware Attacks in Bitcoin
FinCEN identified Bitcoin as the most common ransomware-related payment method in reported transactions. Bitcoin was trading at over $60,000 per coin on Saturday.
Bitcoin reclaims $1 trillion cap, Indian crypto players cheer
Crypto asset exchange ZebPay has also launched India's first global Electronic Over-The-Counter (OTC) Desk for large volume traders and institutional investors globally.
China bans cryptocurrencies, mining projects
On Friday, ten other government agencies, including the National Development and Reform Commission (NDRC), the Ministry of Industry and Information Technology and the Ministry of Public Security listed cryptocurrency mining as a sector to be eliminated.
Global cryptocurrency market hits $2tn, Bitcoin surges again
The cryptocurrency exchange currently has more than 7.3 million users and has clocked over $21.8 billion in trading volume in 2021 till date.
Cryptocurrency-related cyberattacks grew by 192%: Report
Hackers use bitcoin to get paid in extortion attacks where they claim to have a compromising video or information that will be released to the public if the victim does not pay to keep it quiet.
Don’t cite 2018 circular to warn against Cryptocurrency investment, RBI tells Banks
"Regulated entities which already provide such services shall exit the relationship within three months from the date of this circular," it had said.
Elon Musk to help cryptocurrency miners form Bitcoin Mining Council
Argo Blockchain CEO Peter Wall tweeted that "as a founding member of the Bitcoin Mining Council, Argo will push hard for sustainable mining and more transparency".
The Great Indian Crypto Circus
Amongst all its Indian stakeholders, there are strong undercurrents, deafening official-silence and unofficial-posturing, all around. Over the past…
Volatile yet Lucrative, Bitcoin becomes Indians’ dream Investment
New Delhi, May 23 : If the mega cryptocurrency has left you nervous, especially if you are an…
Bitcoin crash: Think long-term, say Indian crypto leaders
The crypto crash came as the Indian government plans to come up with a Cryptocurrency Bill.
Bitcoin falls by 30% after China Warning, Musk Comments
Bitcoin plunged almost 30% to $31,000, wiping out more than $500 billion in value from the coin’s peak market value.
Elon Musk is taking down Bitcoin ‘experts’ one tweet at a time
The outspoken proponents of Bitcoin are having a hard time due to Elon Musk’s tweets. First, Musk’s announcement…
FM’s comment on crypto brings relief to industry
New Delhi, March 15 : With Union Finance Minister Nirmala Sitharaman saying that all windows on cryptocurrencies will…
Bitcoin rises 5% to $50,942.58 as more businesses eye exposure to cryptocurrencies
Bitcoin has fallen 12.7% from the year’s high of $58,354.14 on Feb. 21.
Bitcoin extends retreat from record high to hit lowest in 20 days
Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close. Bitcoin, the world’s biggest and…
Cryptocurrency Ethereum hits record high, lifted by bitcoin, institutional demand
Increasing institutional participation in cryptocurrencies also propelled bitcoin, the largest and most popular crypto asset, to an all-time peak of $52,640 on Wednesday.
Bitcoin jumps above $50,000 for first time ever
Bitcoin and cryptocurrency payment service provider ‘BitPay’ also announced that its prepaid card now supports Apple Pay for in-store, in-app and online payments.
Cryptocurrency, infrastructure bank bills among 20 scheduled for Budget Session
The 20 new bills include the Finance Bill where Parliament will clear proposals of the Union Budget after it is presented on February 1.
Cryptocurrencies lose almost $200 BILLION in 24 hours as bitcoin plummets
According to JPMorgan, bitcoin could hit $146,000 in the long term as it competes with gold as an “alternative” currency. As of Friday, a single bitcoin was worth more than a 20-ounce gold bar.
Karnataka bitcoin ransom case: kidnapped boy rescued from Kolar
Belthangady (Karnataka), Dec 19 : The Dakshina Kannada police have cracked the kidnapping case of a eight-year old…
Bitcoin climbs to three-year peak, all-time high in focus
“Because large players, like LINE Corp and PayPal are involved this go around, we can expect more stability than the 2017 bubble. This isn’t a gold rush anymore,” he added.
Bitcoin crosses $18,000 mark ‘driven by institutional players’
The crypto asset has climbed a whopping 54 per cent during the last 30 days, leading to its new high of the year on Wednesday.
Bitcoin hits nearly three-year peak, homes in on record
The largest cryptocurrency BTC=BTSP in terms of market capitalization climbed to $17,868, its highest level since Dec. 20,…
Bitcoin-crazy rich Indians falling prey to fake crypto wallets
Moreover, growing usage of alternative currencies such as Ethereum, Ripple and Bitcoin Cash due to their captivating features and models has been major factors backing the growth in the industry.
Did Satoshi Nakamoto Predict The Outbreak of COVID-19 In Bitcoin’s Whitepaper Back In 2008?
The novel coronavirus (COVID-19) took the world by a storm and its spread, and it shows no signs…
Government panel for ban on cryptocurrency
New Delhi, July 22 (IANS) An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of…
Not launching Libra unless regulators are satisfied: Facebook
San Francisco, July 16 Facebook is not going to launch its digital coin Libra unless regulators are fully…
India among top 5 nations who tweet most about Bitcoin
New Delhi, July 5: India is among the top five countries that tweet the most about Bitcoin and…
Facebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report
Facebook has started a discussion with the U.S. Commodity and Futures Trading Commission (CFTC) over the social media…
Facebook to launch its cryptocurrency next year: Report
London, May 24 (IANS) Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency…
Hackers steal over $40mn in bitcoin from Binance
Taiwan, May 8 (IANS) Hackers stole over more than $40 million in cryptocurrency from Binance, which provides a…
Facebook hiring fast to launch its own bitcoin: Report
San Francisco, May 4: Facebook is working hard to launch its own bitcoin for cryptocurrency-based payments on its…
Cryptocurrencies should be banned: Official
New Delhi, April 26 (IANS) Terming cryptocurrencies as ponzi schemes, Anurag Agarwal, Joint Secretary in the Ministry of…
Crypto exchange may have lost $145 mn after CEO dies in India
Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets after the death of Cotten, its 30-year old CEO and Co-Founder.
Microsoft bans cryptocurrency ads on Bing search engine
San Francisco, May 16: After Facebook and Google, Microsoft has now banned advertisements showing cryptocurrencies and related products from…
Delhi Police busts Bitcoin-virtual currency racket, 2 arrested
New Delhi, April 21: A Bitcoin-virtual currency racket has been busted by the Special Cell of Delhi Police on…
Investing in crypto currencies only makes sense if you have a well-defined framework
During great booms and busts, there is always much more noise than real signals to buy or sell. But a shrewd trader/investor always has the ability to see through the near-term noise and extreme price fluctuations and take a directional bet.
Twitter to ban cryptocurrency ads from Tuesday
San Francisco, March 27 (IANS) Twitter has confirmed that it will begin blocking cryptocurrency-related ads on the platfrom…
Ransomware set to become more vicious in 2018: Quick Heal
Pune, Feb 26: Ransomware grew 300 per cent in 2017 in comparison with 2016 and in the current year…
How to start your own cryptocurrency
Hands up who'll buy an IdiotToken from me? And no, you can't pay me in cryptocoins. I want hard cash. I may be an idiot but I'm not stupid.
Cryptocurrencies: Caveat Emptor, though stakeholders say they are here to stay
New Delhi, Feb 15: They went through a shocking decline recently. Bitcoin, the leader in cryptocurrencies, fell from its…
Japan Authorities raid Coincheck, Bitcoin plunges 20% fearing inspection
Tokyo, Feb 2: The price of bitcoin dropped 20 percent in the Japanese markets after authorities on Friday inspected…
Facebook bans cryptocurrency advertisements on its platforms
San Francisco, Jan 31: Facebook has banned ads that promote initial coin offerings (ICOs), cryptocurrency such as Bitcoin and…
Govt. sends tax notice to the people dealing in cryptocurrency
The government has sent tax notices to the people dealing in cryptocurrency mainly Bitcoin. The government’s move came…
Bitcoin falls over 20% in Asia over new restriction fears
Tokyo, Jan 17: The price of Bitcoin fell by more than 20 per cent over the last 24 hours…
Spain’s first Bitcoin-only apartment sale goes on real estate market
A residential attic in the center of the Catalonian city in Spain became the first Spanish real estate…
Can’t prevent misuse of Bitcoin by terrorists: Government
There is no mechanism to prevent the misuse of cryptocurrencies such as Bitcoin by terror groups and other…
It’s best to steer clear of Bitcoins lest the bubble bursts
Either when the speculative run ends or governments decide to regulate, the Bitcoin dream run is bound to come to an end. It is best to steer clear of the dreaded eventuality.
Bitcoin: Tread with caution
George Soros, the legendary hedge manager, once said that in the financial markets, it doesnt matter whether one…
Bitcoin sets new high, crosses above $14,000
London, Dec 7: Bitcoin touched a new high for the cryptocurrency by crossing $14,000 on Thursday, surging $2,000 in…
Unexpected breakdown trigger Bitcoin selloff; Cryptocurrency slums 20% to $9,009 after hitting $11,434
Bitcoin plunged as much as 20 per cent hours after a rally past $11,000 generated a surge in traffic at online exchanges that led to intermittent outages.
Bitcoin Record High Price of All Time
The cryptocurrency had tumbled as much as 20 per cent after the Chinese government cracked down on offerings in the digital currency, prompting bitcoin exchanges to close their doors.
Bitcoin blow as fund drops U.S. exchange application
The shares are nonetheless trading up 508 percent this year, more even than the meteoric rise of the digital currency, which JPMorgan Chase & Co CEO Jamie Dimon this month called “a fraud” that will blow up.
Bitcoin exchange BTC-e comments on US accusations against Russian citizen Vinnik
BTC-e said it would take all necessary measures to protect its employees and its business reputation. Lawyer Timofey Musatov told Russia Television that the council of judges in Thessaloniki is expected to decide on the extradition of Vinnik on September 29.
Bitcoin: Can RBI ignore the elephant in the room?
March 3: Virtual currencies like Bitcoin are all the rage in FinTech, and could potentially transform global commerce…