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Page 34 - Bitcoin

Nascent but growing crypto-universe under threat from proposed crypto ban

There is, however, some confidence that the Centre will allow, rather, promote, innovations around blockchain, the underlying technology for Bitcoin

Nascent but growing crypto-universe under threat from proposed crypto ban
Updated On : 20 Mar 2021 | 11:38 AM IST

Decoded: What is a cryptocurrency and how does a blockchain work?

It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote

Decoded: What is a cryptocurrency and how does a blockchain work?
Updated On : 20 Mar 2021 | 6:10 AM IST

Why a ban on cryptocurrency could have dire consequences for India

Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep

Why a ban on cryptocurrency could have dire consequences for India
Updated On : 19 Mar 2021 | 10:58 AM IST

ZebPay expects $2 bn-worth trades per month as crypto fever grips India

India had banned banks and other regulated entities from supporting crypto transactions in 2018. The Supreme Court removed the curbs last year in response to a petition by cryptocurrency exchanges

ZebPay expects $2 bn-worth trades per month as crypto fever grips India
Updated On : 18 Mar 2021 | 11:41 AM IST

Morgan Stanley becomes first major US bank to offer access to bitcoin funds

In an internal memo, the bank told its financial advisers it would launch access to three funds allowing ownership of Bitcoin

Morgan Stanley becomes first major US bank to offer access to bitcoin funds
Updated On : 18 Mar 2021 | 12:55 AM IST

Cryptocurrency inflows hit record high of $4.2 billion, CoinShares says

NEW YORK (Reuters) - Inflows into cryptocurrency funds and products have already hit a record $4.2 billion for the first quarter, reflecting growing institutional investor interest, CoinShares data showed.

Cryptocurrency inflows hit record high of $4.2 billion, CoinShares says
Updated On : 17 Mar 2021 | 2:42 AM IST

Uncertainty around India's crypto policy is making blockchain firms anxious

Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights

Uncertainty around India's crypto policy is making blockchain firms anxious
Updated On : 16 Mar 2021 | 9:45 PM IST

Cyptocurrency trading frenzy fuels boom of Bitcoin ATMs in parts of US

Bitcoin's growing popularity has been the primary driver for new installations

Cyptocurrency trading frenzy fuels boom of Bitcoin ATMs in parts of US
Updated On : 16 Mar 2021 | 12:33 AM IST

India to propose cryptocurrency ban, penalising miners, traders: Report

Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament

India to propose cryptocurrency ban, penalising miners, traders: Report
Updated On : 15 Mar 2021 | 11:44 PM IST

Bitcoin takes breather around $60,000 after retreat from record $62,000

The world's most popular cryptocurrency slipped as low as $58,956.90 early in the Asian session, falling from Saturday's record high of $61,781.83

Bitcoin takes breather around $60,000 after retreat from record $62,000
Updated On : 15 Mar 2021 | 11:18 AM IST

India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman

Bitcoin, the world's biggest and earlier cryptocurrency, has crossed a record high of $60,000.

India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman
Updated On : 15 Mar 2021 | 1:48 AM IST

At $61k, Bitcoin hits another record, leaves other asset classes trailing

Bitcoin is up about 1,000% in the past year amid signs of increasing institutional interest as well as speculative demand

At $61k, Bitcoin hits another record, leaves other asset classes trailing
Updated On : 14 Mar 2021 | 11:29 PM IST

An unknown Indian-origin crypto investor buys an artwork for $69.3 mn

Various media reports cited that Metakova is a pseudonym of the investor, which means King of Meta in the Tamil language

An unknown Indian-origin crypto investor buys an artwork for $69.3 mn
Updated On : 14 Mar 2021 | 9:08 PM IST

Bitcoin hits record high; trades as high as $59,755 on Saturday

The cryptocurrency has been on a tear in recent months

Bitcoin hits record high; trades as high as $59,755 on Saturday
Updated On : 13 Mar 2021 | 6:00 PM IST

Bitcoin's market valuation crosses $1 trillion again amid risk rally

The world's largest digital asset rose as much as 5.2% before trading around $57,000

Bitcoin's market valuation crosses $1 trillion again amid risk rally
Updated On : 11 Mar 2021 | 9:47 AM IST

Twitter's Dorsey to donate $2.5 mn from sale of his 1st tweet in Bitcoins

Twitter CEO and billionaire Jack Dorsey who last week announced to sell his very first tweet of March 6, 2006, has said that he will donate the money in Bitcoins to charity

Twitter's Dorsey to donate $2.5 mn from sale of his 1st tweet in Bitcoins
Updated On : 10 Mar 2021 | 1:09 PM IST

Bitcoin surges for fifth day in a row, narrows gap to record high

The digital currency was trading up 3.3% at $54,206 amidst a broadly supportive risk rally, climbing toward a record high of $58,354.14

Bitcoin surges for fifth day in a row, narrows gap to record high
Updated On : 09 Mar 2021 | 10:46 PM IST

Bitcoin hits highest level in two weeks as institutions turn to crypto

Evercore technical analysis suggests prices could hit $75,000

Bitcoin hits highest level in two weeks as institutions turn to crypto
Updated On : 09 Mar 2021 | 7:09 PM IST

Bitcoin mania triggers fundraising rush by Chinese players

The market has flourished despite complicated official attitudes towards cryptocurrencies in China

Bitcoin mania triggers fundraising rush by Chinese players
Updated On : 09 Mar 2021 | 6:57 PM IST

Rush towards bitcoin? Not so fast, say keepers of corporate coffers

Tesla Inc's $1.5 billion bitcoin bet saw it join business software firm MicroStrategy Inc and Twitter boss Jack Dorsey's payments company Square Inc in swapping some traditional cash reserves for the

Rush towards bitcoin? Not so fast, say keepers of corporate coffers
Updated On : 08 Mar 2021 | 10:36 PM IST