Page 15 - Bitcoin

Crypto wrap: Expect high volatility as inflation still a worry, say experts

Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally

Explained: Ethereum set for mega 'merger' to become more energy efficient

Ethereum, the network behind the second-largest cryptocurrency by market cap (after Bitcoin), will move from a proof-of-work consensus mechanism to a proof-of-stake blockchain

Bitcoin stuck in narrow range as traders brace for Jackson hole

Cryptocurrencies have been trading in tandem with US equities this year as both have been swayed by the Federal Reserve's interest-rate-hiking path

Bitcoin drops most in two months as global markets turn risk off

Bitcoin, the largest virtual coin by market capitalization, tumbled as much as 9.2% to $21,271, the biggest intraday drop since June 18

NFT transactions to reach 40 mn globally in 5 yrs amid scam threats

The global number of NFTs transactions is likely to rise from 24 million in 2022 to 40 million by 2027, a new report said

Cryptocurrencies' rally cools as Ethereum upgrade optimism loses steam

Matt Maley, chief market strategist at Miller Tabak & Co, said that the pullback was natural, as investors took 'some chips off the table'

Bitcoin tops $25,000 for first time since June amid crypto rally

Crypto struggled through the first half of the year as the Federal Reserve hiked rates to combat stubbornly high inflation, with the prices of Bitcoin, Ether and other tokens falling by more than 50%

Crypto wrap: Market participants coming out of bear phase, experts suggest

In the last seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent. The total crypto market cap rose from $1.03 trillion to $1.1 trillion

Letting ED add its chilling effect to crypto winter will kill the industry

A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai

Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts

The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent

Coinbase's BlackRock pact reinforces crypto status, burns shorts

For Coinbase investors, the news is a much-needed signal that its status as a giant in the crypto sector remains rock solid

US: New cryptocurrency oversight legislation arrives as industry shakes

The regulations would authorize the Commodities Futures Trading Commission to be the default regulator for cryptocurrencies

Crypto watch: Winter in the market is not over yet, argue experts

As the cryptocurrency market cap crossed $1.1 trillion mark on Friday and Bitcoin rose above $24,000, experts said that 'we are not there yet'

Cryptoverse: What crisis? Venture capitalists bet big on crypto boom

Some VCs are shrugging off the gloom, with many deploying substantial war chests as their faith in the underlying tech behind crypto coins remains strong

Govt's cryptocurrency stance: Heads I win, tails investors lose

The government has laid out clear rules on taxation of cryptocurrencies but has not said anything on what happens in cases of fraud

Top headlines: RBL posts profit in Q1; Murmu ahead of Sinha in Prez poll

Business Standard brings you top news of the evening

Bitcoin climbs past $24,000 after a month amid hopes of softer Fed action

The world's largest digital token rose as much as 3.3% Wednesday to trade around $24,066, the highest level since mid-June

Crypto markets rebound but assets future in India uncertain: Experts

From April 1, a 30 per cent tax was applied on income from the sale of cryptocurrency. From July 1, an additional 1 per cent tax was applied in the form of tax deducted at source (TDS)

Bitcoin rallies to trade above $22,000; Ether, Avalanche advance

June's crypto wipeout has given way to a sharp rebound, with Ether up 47% this month and Polygon more than doubling

Crypto m-cap tops $1 trillion; Bitcoin breaches $22,000-mark after a month

Bitcoin, the largest cryptocurrency by market cap, regained the $22,000 level and was trading at $22,241.17, over 4 per cent higher than the last close