Page 24 - Bitcoin

'Youth must not be misled': PM Modi chairs key meet on cryptocurrency

Attempts to mislead youth by over-promising, non-transparent ads on cryptocurrency should stop were discussed at the meet, say sources

Cong seeks SC-monitored SIT probe into Karnataka multi-crore Bitcoin 'scam'

The Congress alleged a multi-crore Bitcoin scam and its cover-up by the BJP govt in Karnataka and demanded that an independent investigation be conducted by a Supreme Court-monitored SIT.

CM Bommai meets Yediyurappa, BJP state chief as Bitcoin scam casts shadow

Chief Minister Basavaraj Bommai called on former Chief Minister B S Yediyurappa amid the opposition allegations that the BJP government was not doing enough to probe the alleged Bitcoin scam. The two leaders reportedly had a discussion for about 30 minutes late on Friday, sources close to Bommai said. After his meeting with Yediyurappa, Bommai went to the BJP state headquarters and was closeted with the BJP state president Nalin Kumar Kateel for more than an hour. The meetings assume significance as Bommai had recently visited Delhi and met Prime Minister Narendra Modi and other senior party leaders, including BJP national president J P Nadda. Soon after the meeting, he told reporters that Modi had asked him not to worry and to work with loyalty and boldness in the interest of the people "and rest everything will be fine." Bommai had paid a two day visit to national capital on Thursday and discussed in detail many issues, especially related to the administrative steps taken in the

Need an inflation hedge? Bitcoin has delivered 99.996% deflation

Unlike dollars or any other traditional currency, the digital coin is designed to have a limited supply, so it can't be devalued by a government or a central bank distributing too much of it

Managing cryptocurrencies

Govt must address regulatory concerns

PM Modi asked me not to bother about Bitcoin scandal: CM Bommai

Karnataka Chief Minister Basavaraj Bommai on Thursday said that Prime Minister Narendra Modi has asked him not to bother about the Bitcoin scandal in the state

US inflation shock tears up trader playbooks from stocks to Bitcoin

Value shares, digital currencies, gold and bets on a flatter yield curve are seen as some of the potential beneficiaries from a higher inflation environment

K'taka will see 3rd CM if Bitcoin scandal investigated thoroughly: Congress

Former minister and Congress MLA Priyank Kharge on Wednesday said that if the Bitcoin scandal is investigated thoroughly and transparently, the BJP government in Karnataka will soon see a third CM

Tim Cook reveals he owns crypto on a day Bitcoin hits historic high of $68k

Apple CEO Tim Cook has shaken Twitter revealing he personally owns cryptocurrency and has been interested for "a while".

Investing in cryptocurrencies, NFT? Soon, you may have to pay 18% GST

While regulatory uncertainty around cryptocurrencies continues, the tax department might be getting ready to tap into this new area. Here's what crypto and NFT investors need to know about taxation

Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold

Business Standard brings you the top stories from today

Cryptocurrency market cap hits $3 trn mark for 1st time, Bitcoin on fire

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25 on Tuesday

Bitcoin breaks past $68,000, ether nears $5,000 as flows surge in crypto

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

Bitcoin inflows hit record high so far in 2021: CoinShares data

Bitcoin inflows totalled $95 million last week, representing the largest inflows of all digital assets

Crypto world hits $3 trillion market cap as ether, bitcoin gain in trade

The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days

Crypto rally lifts ether to new record, bitcoin to near 3-week high

Bitcoin rose to a two-and-a-half-week peak and ether climbed to a fresh record

TMS, Ep 37: 5 years of since demonetisation, Form 26AS, and blockchain tech

What do key indicators tell us about the Indian economy 5 years after demonetisation? How will tweaked Form 26AS make tax evasion harder? What is blockchain technology? Get all the answers here

What is blockchain technology and how is India planning to use it?

The Indian govt may not be warm private cryptocurrencies, but various states are already using the blockchain technology, which is also the base for cryptos, in many ways. But what is blockchain?

Paytm may consider Bitcoin offerings if India legalises crypto: Report

Paytm would consider Bitcoin offerings if Indian authorities removed regulatory uncertainty surrounding the adoption of cryptocurrencies.

Chris Wood hikes exposure to crypto currency; sells gold for Bitcoin

Wood believes Bitcoin is a competitor to the yellow metal as a store of value and it is one with a built-in quantitative tightening dynamic due to the halving process roughly every four years