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Page 29 - Bitcoin

China's ban forces some bitcoin miners to flee overseas, others sell out

"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan

China's ban forces some bitcoin miners to flee overseas, others sell out
Updated On : 25 Jun 2021 | 11:56 AM IST

Asian banks' trials with 'tokenised securities' stuck in silos: ASIFMA

Asian financial regulators should do more to support large-scale trials of "tokenised securities", an industry body said

Asian banks' trials with 'tokenised securities' stuck in silos: ASIFMA
Updated On : 24 Jun 2021 | 8:50 AM IST

Mideast joins Bitcoin craze with first Dubai cryptocurrency listing

The stock closed at $38.30, up 10 per cent for the day, according to prices on Nasdaq Dubai's website.

Mideast joins Bitcoin craze with first Dubai cryptocurrency listing
Updated On : 24 Jun 2021 | 1:02 AM IST

Bitcoin plunges below $30,000, erasing all gains for the year so far

Crypto tumbles amid broad China crackdown, energy usage concerns

Bitcoin plunges below $30,000, erasing all gains for the year so far
Updated On : 23 Jun 2021 | 1:32 AM IST

Top headlines: Bitcoin sinks below $30,000; Hero MotoCorp to hike prices

Business Standard brings you the top news of the evening

Top headlines: Bitcoin sinks below $30,000; Hero MotoCorp to hike prices
Updated On : 22 Jun 2021 | 9:35 PM IST

Bitcoin sinks below $30,000 for first time since late January

The world's largest cryptocurrency fell as much as 6.4% to $29,614, its lowest since Jan. 27

Bitcoin sinks below $30,000 for first time since late January
Updated On : 22 Jun 2021 | 6:14 PM IST

Bitcoin nosedives as China expands crackdown on cryptocurrency mining

The price of bitcoin has nosedived after fresh reports emerged that China has expanded its crackdown on the mining of cryptocurrencies.

Bitcoin nosedives as China expands crackdown on cryptocurrency mining
Updated On : 22 Jun 2021 | 1:56 PM IST

Bitcoin steadies in Asia trading after plunge over China crypto comment

Bitcoin stabilised in Asian trading a day after a statement from China's central bank reaffirming the crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low

Bitcoin steadies in Asia trading after plunge over China crypto comment
Updated On : 22 Jun 2021 | 8:37 AM IST

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook

For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A "death cross"

Explainer: 'Death cross' chart formation adds more worry to bitcoin outlook
Updated On : 22 Jun 2021 | 6:52 AM IST

Top headlines: Dow rises 500 pts; SBI to raise up to Rs 14,000 cr

Business Standard brings you top news of the day

Top headlines: Dow rises 500 pts; SBI to raise up to Rs 14,000 cr
Updated On : 21 Jun 2021 | 10:19 PM IST

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?

Without oversight of the president's decision to accept crypto, bad actors and illicit money flows are likely to prosper.

Struggling with poverty, will Bitcoin be El Salvador's passport to riches?
Updated On : 16 Jun 2021 | 12:25 PM IST

Bitcoin is still being called a bubble after 35% crash in May: Survey

About 80% of fund managers surveyed by Bank of America Corp. called the market a bubble, up from 75% in May

Bitcoin is still being called a bubble after 35% crash in May: Survey
Updated On : 15 Jun 2021 | 8:26 PM IST

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

It was last up 0.5% at $39,189, straining to escape the relatively tight trading range of this month.

Bitcoin climbs near $40,000 after Musk says Tesla could use it again
Updated On : 14 Jun 2021 | 7:51 PM IST

Bitcoin hits two-week high after Musk says Tesla could use it again

Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence

Bitcoin hits two-week high after Musk says Tesla could use it again
Updated On : 14 Jun 2021 | 12:24 PM IST

Musk says Tesla will accept bitcoins when miners use more clean energy

Tesla Inc Chief Executive Officer Elon Musk tweeted on Sunday that the electric carmarker will resume allowing bitcoin transactions when miners who verify transactions use more renewable energy.

Musk says Tesla will accept bitcoins when miners use more clean energy
Updated On : 14 Jun 2021 | 1:54 AM IST

Bitcoin price climbs as Basel panel proposes banking capital rules

The announcement from the Basel Committee on Banking Supervision is another sign that the world of traditional finance is responding to the rise of crypto assets

Bitcoin price climbs as Basel panel proposes banking capital rules
Updated On : 10 Jun 2021 | 5:49 PM IST

Global regulator puts Bitcoin in highest risk category in bank capital plan

Basel Committee on Banking Supervision says the banking industry faces increased risks from cryptoassets because of the potential for money laundering, wild swings in prices

Global regulator puts Bitcoin in highest risk category in bank capital plan
Updated On : 10 Jun 2021 | 5:33 PM IST

Global bank regulators plot toughest capital regulation for bitcoin

Bitcoin and other cryptocurrencies are currently worth around $1.6 trillion globally

Global bank regulators plot toughest capital regulation for bitcoin
Updated On : 10 Jun 2021 | 5:10 PM IST

Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin

Traders are waiting for the next catalyst to break Bitcoin from a $30,000 to $40,000 range that's been in place since a collapse from a record of almost $65,000 in April.

Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin
Updated On : 10 Jun 2021 | 3:08 PM IST

El Salvador becomes first country to adopt Bitcoin as legal tender

The move to make the virtual coin legal tender is a rare slice of good news for the largest cryptocurrency, which is struggling to recover from a rout in May.

El Salvador becomes first country to adopt Bitcoin as legal tender
Updated On : 10 Jun 2021 | 1:55 AM IST