Page 46 - Latest Updates on Bitcoin
After 9 years and a $250 bn market cap, Bitcoin still awaits legal status
Bitcoin has had global central banks so worried that several are now mulling regulating the currency, legalising it, or evolving their own crypto currencies
 "After 9 years and a $250 bn market cap, Bitcoin still awaits legal status")
Bitcoin, Ethereum, other cryptocurrencies not legal tender in India: FM
Arun Jaitley emphasised that the Centre's consistent position was that such currencies were not legal tender
 "Bitcoin, Ethereum, other cryptocurrencies not legal tender in India: FM")
Bitcoin holds overnight gains after last week's rout
Digital currency was last up almost 10% at $15,300.00 on the Luxembourg-based Bitstamp exchange
 "Bitcoin holds overnight gains after last week's rout")
From dentistry to sex trade, Bitcoin bug bites Indian entrepreneurs
Thanks to the business potential that the cryptocurrency has opened up directly or indirectly, many Indians across the spectrum are rushing to set up companies and cash in on the Bitcoin mania
 "From dentistry to sex trade, Bitcoin bug bites Indian entrepreneurs")
Bitcoin plunges below $12,000
The biggest and best-known cryptocurrency had seen a staggering twentyfold increase since the start of the year
 "Bitcoin plunges below $12,000")
Bitcoin plunges below $13,000, heads for worst week since 2013
Bitcoin loses a third of value in just five days as bitcoin moves known to be big and volatile
Goldman Sachs to set up cryptocurrency trading desk by June-end: Report
The Wall Street bank aims to get the business running by the end of June
 "Goldman Sachs to set up cryptocurrency trading desk by June-end: Report")
Bitcoin: A threat to economic sovereignty
Acceptance of any kind of international currency may shift the control over the economy from the government to anonymous players
 "Bitcoin: A threat to economic sovereignty")
Bitcoin falls suddenly puts it in bear market territory
Stock strategists - and financial journalists - typically use a 20 per cent tumble from a high as the trigger for calling a bear market
The bitcoin battle
Effective regulation will follow recognition
No systemic risk yet from bitcoin, says Sebi chief
Ajay Tyagi said there should not be any regulatory oversights on blockchain technology saying this is a useful technology that should be encouraged
 "No systemic risk yet from bitcoin, says Sebi chief")
Bitcoin price falls more than 10 per cent to $15,800 on Bitstamp
It has since pared some of the losses and is down about 7 per cent in early trade
Millennials pick bitcoins over gold
Bitcoin is also a hot topic in Mumbai locals
 "Millennials pick bitcoins over gold")
Bitcoin points way to 'massive change' for commodity businesses
Blockchain ledgers can cut trading costs, minimise fraud risk
 "Bitcoin points way to 'massive change' for commodity businesses")
Taxmen crack down on bitcoin dealers in India: Key facts to know
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years
 "Taxmen crack down on bitcoin dealers in India: Key facts to know")
Marching towards $20,000, Bitcoin reaches another high
The technical analysis suggests an extension of a wave, which could mean that bitcoin would easily surge above the psychologically important level of $20,000
 "Marching towards $20,000, Bitcoin reaches another high")
Bitcoin prices 'bubble-like' after record rally: BlackRock
BlackRock joins other major financial services firms which have weighed in on bitcoin's meteoric rise this year amid increasing mainstream acceptance
 "Bitcoin prices 'bubble-like' after record rally: BlackRock")
Bitcoins a highly speculative investment: Why caution is required
Bitcoin was launched in 2008 as a means of transacting among participants without the need for intermediaries
Bitcoin futures gains 21% to $18,700 on Chicago based exchange
The acting governor of the Reserve Bank of New Zealand on Sunday said bitcoin appeared to be a "classic case" of a bubble.
 "Bitcoin futures gains 21% to $18,700 on Chicago based exchange")
Bitcoin debut on stock exchange: Opens at $15,000; Cboe website crashes
A futures contract is a financial product that allows investors to bet on whether the currency's price will rise or fall