Page 20 - Cryptocurrency

Bitcoin at 21-month-high as US SEC approves Bitcoin ETF from heavyweights

After the announcement, Bitcoin briefly touched $47,600, the highest since December 2021, before cooling down to $46,600 for the first time since April 2022

US SEC authorises Bitcoin-spot ETFs in cryptocurrencies' breakthrough

The approvals mark a rare capitulation by the SEC following opposition that lasted for more than a decade, ever since Tyler and Cameron Winklevoss first proposed a Bitcoin ETF in 2013.

Govt escalates clampdown on offshore crypto venues like Binance: Report

Govt last year imposed money-laundering provisions on the crypto sector as it tightens oversight of digital assets

SEC's X account hacked to falsely say Bitcoin ETF approved: Report

The SEC's X account was compromised and a fake post claiming that the agency had green lit plans for the products fueled a brief surge in the price of the world's biggest cryptocurrency

BlackRock, Ark Investment lower fee for planned spot bitcoin ETFs

BlackRock's iShares Bitcoin Trust would charge 0.25%, compared with the 0.30% fee set earlier. ARK 21Shares Bitcoin ETF lowered its fee to 0.21% from 0.25%

Budget 2024-25 wishlist: Indian crypto players seek tax cuts to spur trade

Companies have urged the government to treat income gained from virtual digital assets (VDAs) at par with that derived from capital assets

CoinDCX sets aside $1 million to aid asset transfers from foreign exchanges

This comes after the finance ministry's FIU last month issued show cause notices to nine offshore crypto exchanges for operating in India 'illegally'

Crypto wrap: Markets highly volatile as ETF rumours take centre stage

Experts suggest that sustaining the level of $44,000 is important for Bitcoin to establish a positive momentum

Bitcoin surpasses $45,000 for 1st time in 2 yrs on ETF approval hope

Bitcoin has risen over 20 per cent since the start of December as a Jan. 10 deadline for the US Securities and Exchange Commission to give its blessing for a spot ETF Bitcoin draws closer.

Indian crypto investors may move to domestic platforms post FinMin's notice

Finance ministry issued show cause notices to nine offshore virtual digital assets (VDA) service providers dealing with crypto assets

India has over 19 million crypto investors with 75% youth: Report

Major metro cities such as Delhi, Bengaluru, and Mumbai account for over one-fifth of the total value of crypto investments in the country

Crypto wrap: Bitcoin gains on Argentina's endorsement, ETF anticipation

Experts suggest that Bitcoin may soon reach the $48,000 level if the momentum persists

Crypto wrap: US Fed's commentary on rate cuts in 2024 keeps market volatile

Cryptocurrency news: The outlook for 2024 continues to remain positive, mainly on the back of Bitcoin ETFs

Hackers stole about $1.7 billion this year from crypto projects: Report

Infrastructure attacks - such as private-key theft that gives hackers access to a crypto project's servers to steal funds or manipulate trades - contributed to nearly 60% of the total stolen this year

Crypto market eyes interest rates, expected bitcoin ETFs in 2024: Report

The price of bitcoin, the biggest cryptocurrency and the market's chief barometer, has more than doubled this year, reaching a 20-month high in November of $42,000 per token

Crypto wrap: Cryptocurrency in Parliament; Bitcoin's surge to 18-month high

This week, in reply to a question in the Parliament in the ongoing Winter Session, the Centre revealed that as many as 28 Virtual Digital Assets service providers have registered themselves with FIU

Bitcoin breaches $44,000 mark, now on the same level as in March 2022

According to experts, the current rally comes in the backdrop of optimism around Bitcoin exchange-traded funds

Bitcoin hits $40,000 for the first time since May 2022 on rate reductions

The crypto industry is also awaiting the outcome of applications from the likes of BlackRock Inc. to start the first US spot Bitcoin ETFs

Crypto wrap: Market recovers after Binance CEO Changpeng Zhao's resignation

The market also showed optimism as many believe the settlement of the Binance case has now cleared the decks for the US SEC to finally approve a spot bitcoin ETF

What are cryptocurrency exchanges and how do they work? All details here

The crypto market is expected to reach $4.94 billion by 2030, and there is an estimated more than 600 crypto exchanges worldwide