Page 61 - Cryptocurrency

Bitcoin options shift has some bulls calling $40,000 the bottom

The world's largest cryptocurrency rebounded this week after falling below $40,000 for the first time since September on Monday

Budget 2022: Govt could consider levying TDS/TCS on crypto trading

The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold

Bitcoin's rising correlation with tech weighs on hedge appeal

The world's largest digital token was up 0.6% to $43,080 on Friday as of 3:46 p.m. New York-time.

India's first crypto ETF to be launched by ex RCap CEO's blockchain firm

Aims $1 billion in assets under management by two years; will track large cap metaverse stocks too

Pak central bank panel recommends complete ban on cryptocurrency

A panel of Pakistan's central bank has recommended a complete ban on cryptocurrency and other related activities in the country

Coinbase buys futures exchange FairX for crypto derivatives push in US

Already registered with US regulators, the firm could give Coinbase the edge it needs in getting a derivatives marketplace up and running.

Crypto prices moving in sync with stocks, posing systemic risks

Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

The Brazilian firm, valued at roughly $2.2 billion, declined to disclose the terms of the acquisition, but said the transaction is pending approval with Banco de Portugal, the nation's central bank.

Digital cash can prevent accidents on the $19 trillion FX highway

CLS is good at preventing mishaps in the foreign-exchange market. The trouble is, it handles only 18 major currencies

Cryptocurrencies post record outflows in first week of 2022: Report

Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report said

Victims of $200 mn BitMart cryptocurrency hack still waiting for refunds

Victims of a $200 million hack of popular cryptocurrency exchange BitMart are still waiting for their money even after over a month since the exchange was hacked.

Crypto bloodbath: Bitcoin ETF goes from boom to bust after record US debut

With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of many 10 worst performers

Pakistan issues notice to cryptocurrency exchange in $100-mn scam

Pakistan's Federal Investigation Agency (FIA) said that it had issued a notice to Binance

Top headlines: Quarantine for flyers from abroad, CCI probe against Google

India climb up the ladder of emerging tech patents, shows data. More in today's top headlines

Bitcoin slumps to lowest since Sept; down 40% from Nov high of $69K

The largest cryptocurrency declined as much as 4.9 per cent to $41,008

GST shadow on Indian cryptocurrency firms; foreign platforms go free

In the absence of regulations, international crypto and NFT platforms are escaping the GST net

Bitcoin drops to 3 month-low after US Fed signals interest rate hike

Bitcoin declined to three-month lows on Friday as minutes of the latest US Federal Reserve meeting raised possibility the central bank could boost interest rates as soon as March, Barrons reported.

Bitcoin slips ahead of hunt for rate clues in US payrolls

The MSCI All Country stock index was flat at 744.71 points, also down 2% from a record high on Tuesday

Dollar rides high on rate hike bets ahead of payrolls report

But firming expectations that the Fed could raise rates as soon as March and several times this year is pushing up U.S. yields and the currency.

Bitcoin hits lowest since September in drop of 40% from record

The largest cryptocurrency declined as much as 4.9% to $41,008, marking a tumble of about 40% from its record near $69,000 reached Nov. 10