Groups of Bitcoin and Ether exchange-traded funds each posted record monthly net inflows in November, at $6.5 billion and $1.1 billion respectively
But only Rs 122 cr recovered, FinMin tells Parliament
Donald Trump's election win, coupled with his association with crypto advocate Elon Musk, has reignited optimism in the sector
The banana comes from a viral conceptual artwork, Comedian, comprised of the fruit duct-taped to a wall, which Sun bought in a Sotheby's auction last week
The digital asset fell as low as $95,776 on Sunday after coming within $300 of the six-figure milestone on Friday
Crypto derivatives such as options and futures have been largely traded outside the US given regulations related to such contracts within the country
Bitcoin is at the doorstep of $100,000, just two years after dropping below $17,000 following the collapse of crypto exchange FTX
Mehta has been questioned since the afternoon in connection with the case. The officers quizzed him regarding the tapes and documents related to alleged investments in cryptocurrency
Bitcoin prices topped $98,000 for the first time during European trading, and were last up around 4 per cent on the day
The crypto market as a whole consolidated gains of approximately $900 billion since Trump's election victory on Nov. 5, based on data from CoinGecko
Speaking at the State Bank of India (SBI) Economic Conclave, Nagaraju said, "I am very sceptical of cryptocurrency. RBI is also very careful on that. We need to be very careful."
The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs. It was last up 5.49 per cent at $93,158
The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs
Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry
Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison
The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday
Another Trump presidency will be good for crypto and Elon Musk, but every big tech company may not benefit
Bitcoin is the one asset that was always going to soar if Trump returned to the White House," said Russ Mould, investment director at AJ Bell, a British online investment platform. After touching its
(A) Democrat win would have felt like a short term nail in the coffin," he said. "Probably not the case long term but the market is placing high importance on it." Smaller cryptocurrency ether also
Bitcoin is viewed by some as a so-called Trump trade because Republican presidential nominee Donald Trump embraced digital assets during campaigning