Page 32 - Bitcoin

Roaring crypto cacophony drowns out rest of Wall Street in a wild week

Dogecoin wasn't the only canine-themed coin to take a tumble.

Elon Musk sends bitcoin tumbling with stunning reversal over payments

Bitcoin, the world's biggest digital currency, fell more than 7 per cent after the tweet and was trading at $52,669

Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k

Business Standard brings you stories that made the headlines on Thursday

Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn

Musk denounces amount of energy used to produce bitcoin; however, Tesla will retain bitcoin holdings

Bitcoin recoups some losses in Asian trade after Musk-triggered tumble

The price of the world's largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet

Bitcoin rebounds after Musk says Tesla will suspend using cryptocurrency

Bitcoin rebounded to about $50,000 in Asian trading on Thursday after plunging as much as 17% after Elon Musk tweeted Tesla Inc had stopped accepting bitcoin to purchase its vehicles

Cryptocurrency ethereum hits another record high as 2021 gains near 500%

Cryptocurrency Ether hit another record high on Wednesday, taking gains this year to close to 500% on the back of growing interest in decentralized finance applications

Gaining currency

Large firms signal mainstream acceptance of crypto

A new avatar: Making a case for crypto-currencies to fill SME financing gap

Studies point out that the 40 million-odd SMEs in India, with limited access to formal credit, face a financing gap of $250-500 billion

S&P, Dow Jones bring bitcoin, ethereum to Wall St with crypto indexes

The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them

Ethereum breaks past $3,000 to quadruple in value in 2021

Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin

Competition Commission paper on blockchain tech spells regulatory risk

In case of permission-less blockchains, network participants may be anonymous or pseudonymous - their identities are not known fully - the CCI discussion paper notes

Elon Musk says Tesla sold bitcoin to prove liquidity as cash alternative

Tesla fell as much as 3.1% in late trading after its results were announced Monday despite a record profit in the first quarter

Inspired by Cummins, Brett Lee donates bitcoin for India's Covid fight

Lee on Tuesday decided to donate one bitcoin (approximately Rs 40 lakh)

Tesla logs $10.4 bn in sales in Jan-Mar 2021, makes $101 mn in Bitcoin

Before it starts India operations this year, Tesla has reported $10.3 billion in sales and net income of $438 million in the first quarter of 2021

Bitcoin jumps as much as 8%, on course to snap five days of declines

The cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month.

Bitcoin sinks below $50,000 as cryptos stumble over Biden tax plans

Bitcoin is on track for a 15% loss on the week

PayPal's Venmo launches cryptocurrency buying and selling features

Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1

'Britcoin' digital currency being considered by UK authorities

The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency,

Crypto-linked stock mania tested by sliding prices, slump in Bitcoin

Coinbase, the biggest U.S. cryptocurrency exchange, closed at $342 on Friday