Page 92 - Cryptocurrency

Top headlines: Hospitals can now vaccinate 24x7; Bitcoin returns to $50,000

Business Standard brings you top news of the evening

Bitcoin reclaims $50,000, hits one-week high as risk appetite returns

The cryptocurrency was last trading at $51,607

Stocks advanced in Asian markets despite Wall Street shedding gains

Investors have taken heart from an easing in bond prices that has alleviated worries over possible interest rate hikes. Bond yields have eased and the yield on the 10-year Treasury inched down to 1.40

Asian shares nudge higher as investors shrug concerns, dollar soft

Wall Street had retreated overnight after beginning March with a bang, with the S&P 500 staging its best one-day rally in nine months on Monday

Asian shares fall amid China's asset-bubble warning in foreign markets

European markets appeared set for a lower open with Euro Stoxx 50 futures down 0.38% and London's FTSE dropping 0.4%. Those of Germany's DAX fell 0.49%

Asian shares rise as risk assets shine, Australian central bank eyed

Demand for riskier assets did not slug the dollar, usually regarded as a safe-haven currency

China declares war on cryptocurrency mining, stirring wider fear

Inner Mongolia plans to shut all such operations by April

Goldman Sachs restarts cryptocurrency trading desk amid bitcoin boom

The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year

Bitcoin is at a 'tipping point', could face 'speculative implosion': Citi

Bitcoin is at a "tipping point" and could either become the preferred currency for international trade or face a "speculative implosion," Citi analysts said.

Bitcoin's long-term value doubted due to ESG, tighter regulation

Bitcoin is still up more than five times over the past year, a divisive rally pitting believers in a new asset class against naysayers who see a speculative bubble

Asian stocks bounce as bond market calms as US preps for stimulus

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%, after shedding 3.7% last Friday'

Bitcoin extends retreat from record high to hit lowest in 20 days

Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.

World's most popular crypto Bitcoin declines over 6% to lowest in two weeks

The sell-off echoed that in equity markets

US' biggest crypto bourse Coinbase files IPO papers for Nasdaq listing

The company won't raise any proceeds in the transaction, Coinbase said in a filing with the US Securities and Exchange Commission on Thursday.

If you've less money than Musk, watch out: Bill Gates on bitcoin

For Gates, it's not something Main Street should buy into - plus it's bad for the environment as mining the coins requires a lot of energy.

RBI balance sheet not compromised by liquidity operations: Shaktikanta Das

The centre and state governments likely to reduce taxes to bring down high fuel prices

Cryptocurrency Bill may not be tabled in the current Parliament session

The Crypto Bill seeks to ban private cryptocurrencies and allow only the ones required to promote blockchain technology with ties to the Reserve Bank of India.

Official, private digital currencies can coexist, say IMF experts

The blog suggests a central bank digital currency may be designed to encourage the private sector to innovate on top of it

Coinbase reveals healthy revenue growth, profit in listing application

The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public

Top headlines: Bad bank's Swiss challenge method, pvt banks to get govt biz

India will start the next stage of vaccinating those above 60 years of age and those above 45 with comorbidities, such as diabetes and heart ailments, from March 1