Page 19 - Bitcoin
Bitcoin declines below key technical mark as rate concerns mount
US inflation likely accelerated to 8.4% in March, the fastest pace since early 1982, economists surveyed ahead of data due Tuesday predict.
 "Bitcoin declines below key technical mark as rate concerns mount")
CBI refutes reports claiming FBI team in India to probe 'bitcoin scam'
The statement comes after the Congress on Friday asked whether the FBI is in India to investigate an alleged "Bitcoin scam"
 "CBI refutes reports claiming FBI team in India to probe 'bitcoin scam'")
The 1% tax that has India's cryptocurrency industry predicting chaos
Along with the capital gains charge, the finance ministry announced a 1% tax deductible at source, or TDS, on all digital-asset transfers above a certain size, starting July 1
 "The 1% tax that has India's cryptocurrency industry predicting chaos")
Buoyant bitcoin helps crypto market surge past $2 trillion barrier
Bitcoin's jumpiness has waned of late. Its 30-day volatility is around 4 per cent, about two-thirds the level it was in June 2021
 "Buoyant bitcoin helps crypto market surge past $2 trillion barrier")
Cryptoverse: Buoyant Bitcoin helps market cruise past $2 trn
At Monday's high of $47,765, market leader Bitcoin broke above the narrow $34,000-$44,000 range it's traded in for most of 2022
 "Cryptoverse: Buoyant Bitcoin helps market cruise past $2 trn")
Bitcoin holds ground after touching its highest this year amid Ukraine war
Bitcoin held ground just below its highest this year, touched a day earlier, with gains for the original cryptocurrency topping 27% since Russia's invasion of Ukraine
 "Bitcoin holds ground after touching its highest this year amid Ukraine war")
Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos
 "Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion")
Buzz on virtual assets: Crypto industry sees exits ahead of new tax regime
With new rules coming into force in April, several investors are booking profits, rejigging portfolios or moving their virtual assets outside of India
 "Buzz on virtual assets: Crypto industry sees exits ahead of new tax regime")
Cryptoverse: Bitcoin not anonymous enough for growing cohort of users
A volatile class of crypto known as privacy coins has quietly been gaining ground this month as maturing bitcoin inches towards mainstream finance
 "Cryptoverse: Bitcoin not anonymous enough for growing cohort of users")
Bitcoin drops below $40,000 as Biden-inspired optimism fades
Most of the top cryptocurrencies were down at least slightly in the 24 hours to 4:15 p.m. Hong Kong time
Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight
The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2
 "Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight")
Bitcoin rallies after Biden signs executive order on digital assets
Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on 'the future of money' and the role cryptocurrencies will play
 "Bitcoin rallies after Biden signs executive order on digital assets")
Top headlines: MFs log Rs 19,705-cr net inflow in Feb; Bitcoin tops $42,000
Business Standard brings you the top headlines on Wednesday
 "Top headlines: MFs log Rs 19,705-cr net inflow in Feb; Bitcoin tops $42,000")
Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul
Yellen praised an upcoming order from Biden in a statement on Treasury's website that was later removed, saying it strikes the right balance between fostering innovation and addressing potential risks
 "Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul")
Indian founder on the run in global $2.4 bn crypto ponzi scheme
Satish Kumbhani, founder of crypto BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely "relocated from India to an unknown location" abroad
 "Indian founder on the run in global $2.4 bn crypto ponzi scheme")
Bitcoin tops $44,000 in tentative comeback as portfolio hedge
Bitcoin can benefit from some of the instability which will likely befall the dollar and euro as a result of worsening international tensions, says an expert
Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday
 "Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue")
Legal or illegal? SC asks Centre to make its stand clear on Bitcoins
The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.
Ukraine crisis: Bitcoin jumps more than 11%; Russian stocks & ruble rise
Other digital coins including ether and XRP saw solid gains as well
Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto
Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine
 "Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto")