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Page 44 - Cryptocurrency

Bitcoin options point to positive signs after meltdown, say traders

The environment, of course, has been strained by a number of hacks, as well as combustions of stablecoin projects and foldings of big-name crypto hedge funds

Bitcoin options point to positive signs after meltdown, say traders
Updated On : 26 Jun 2022 | 5:13 PM IST

Bitcoin heading to zero, says China state media amid global crypto downturn

Chinese state-run newspaper The Economic Daily earlier justified China's ban on cryptocurrency trading by taking examples of the collapse of stablecoins terraUSD and luna whose value reached zero.

Bitcoin heading to zero, says China state media amid global crypto downturn
Updated On : 25 Jun 2022 | 5:22 PM IST

Apart from market malaise, crypto also facing a number of security risks

North Korea's hackers have been become increasingly sophisticated over the past decade, managing to steal an estimated $2 billion worth of cryptocurrency to date

Apart from market malaise, crypto also facing a number of security risks
Updated On : 25 Jun 2022 | 12:22 PM IST

US dollar headed for first weekly decline in June as traders dial down bets

Dollar lost some of its shine since investors started betting the Fed could slow the rate-tightening pace following another 75 basis-point increase in July, and may start easing policy after Mar 2023

US dollar headed for first weekly decline in June as traders dial down bets
Updated On : 24 Jun 2022 | 3:37 PM IST

TMSEp201: Sri Lanka crisis, crypto, housing finance cos, President election

How's Sri Lankan crisis impacting Indian businesses? What's next for cryptos in India after TDS clarity? Will rising interest rates affect HFCs? How is the President of India elected? Answers here

TMSEp201: Sri Lanka crisis, crypto, housing finance cos, President election
Updated On : 24 Jun 2022 | 8:00 AM IST

After govt clarity on TDS, will it be smooth sailing for crypto in India?

Recently the govt had announced to impose 1% TDS crypto assets. As the TDS regime is slated to come into effect from July 1, will it be smooth sailing for domestic crypto exchanges and traders?

After govt clarity on TDS, will it be smooth sailing for crypto in India?
Updated On : 24 Jun 2022 | 7:00 AM IST

Officers committee suggests deferment of decision on levying GST on crypto

The committee of officers comprising both from Centre and states, referred to as Fitment Committee, felt that a deeper study was needed on the issues involved in crypto ecosystem

Officers committee suggests deferment of decision on levying GST on crypto
Updated On : 23 Jun 2022 | 10:56 PM IST

Crypto broker Voyager Digital lowers daily withdrawal limits to $10,000

The change comes after the company on Wednesday said its subsidiary may issue a default notice to Three Arrows Capital Ltd if the cryptocurrency hedge fund fails to repay its loan

Crypto broker Voyager Digital lowers daily withdrawal limits to $10,000
Updated On : 23 Jun 2022 | 7:13 PM IST

Top Headlines: TDS levy on cryptos, GST rate of 200 items, and more

From TDS levy on cryptocurrencies to GST rate of over 200 items staying the same, here are the top headlines on Thursday morning

Top Headlines: TDS levy on cryptos, GST rate of 200 items, and more
Updated On : 23 Jun 2022 | 7:19 AM IST

Onus of deducting TDS primarily rests on crypto exchanges: CBDT FAQ

In case the credit/payment between exchange and the seller is through a broker (and the broker is not seller), there has to be a written agreement that the broker would be deducting the tax

Onus of deducting TDS primarily rests on crypto exchanges: CBDT FAQ
Updated On : 22 Jun 2022 | 9:52 PM IST

CBDT issues TDS disclosure requirements for cryptos, virtual digital assets

From July 1, TD) of 1% will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year, as the Finance Act 2022 has introduced Section 194S in the I-T Act

CBDT issues TDS disclosure requirements for cryptos, virtual digital assets
Updated On : 22 Jun 2022 | 7:34 PM IST

Crypto platform FalconX doubles valuation to $8 bn despite downturn

The San Mateo, California-based startup said Wednesday that it had raised $150 million in a Series D funding from investors led by GIC and B Capital, a previous investor.

Crypto platform FalconX doubles valuation to $8 bn despite downturn
Updated On : 22 Jun 2022 | 5:11 PM IST

GST Council may defer decision on taxing crypto assets in June 28-29 meet

Fitment panel proposes deeper study by Haryana and Karnataka and asks to submit report to the panel for further deliberations

GST Council may defer decision on taxing crypto assets in June 28-29 meet
Updated On : 22 Jun 2022 | 4:45 PM IST

Crypto, blockchain, NFT jobs in India jump 804% post Covid: Report

Job postings for cryptocurrency, blockchain, NFTs have grown 804 per cent between April 2020 to April 2022, according to a report.

Crypto, blockchain, NFT jobs in India jump 804% post Covid: Report
Updated On : 21 Jun 2022 | 2:12 PM IST

Fake crypto exchanges duped Indian investors of Rs 1,000 cr: Report

Fake cryptocurrency exchanges have duped Indian investors of more than $128 million (nearly Rs 1,000 crore) as the global crypto market tanks, a new report claimed on Tuesday.

Fake crypto exchanges duped Indian investors of Rs 1,000 cr: Report
Updated On : 21 Jun 2022 | 1:07 PM IST

Cryptoverse: As crypto markets tumble, lenders face a DeFi drubbing

Crypto lending may not be down and out, but it's certainly on the ropes

Cryptoverse: As crypto markets tumble, lenders face a DeFi drubbing
Updated On : 21 Jun 2022 | 11:25 AM IST

Asian shares rise in early trade as investors pause after steep selloff

Asian stocks and US share futures turned higher on Tuesday as the market took stock after a recent steep selloff

Asian shares rise in early trade as investors pause after steep selloff
Updated On : 21 Jun 2022 | 8:59 AM IST

Bitcoin holds above $20,000 after a week of forced crypto selling

Bitcoin reversed earlier losses to trade 0.5% higher for the session

Bitcoin holds above $20,000 after a week of forced crypto selling
Updated On : 20 Jun 2022 | 11:38 PM IST

Lending app tries to take over 'whale' a/c to halt crypto collapse

Mounting Crypto Liquidations Make DeFi Go to Extremes: Industry fears contagion as Bitcoin struggles to keep above key level of $20,000

Lending app tries to take over 'whale' a/c to halt crypto collapse
Updated On : 20 Jun 2022 | 11:19 PM IST

Crypto industry fears contagion as bitcoin price slips under $20,000

Bitcoin has lost almost 60% of its value this year and 37% this month alone in the cryptocurrency sector's latest meltdown

Crypto industry fears contagion as bitcoin price slips under $20,000
Updated On : 20 Jun 2022 | 5:36 PM IST