A High-Level Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on digital currencies and it has submitted its report
The Tesla Inc. chief executive officer lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks
Shares of Good Works rose 15.9% to $11.59 after markets opened for trading on Friday.
Many view bitcoin as a good inflation hedge
Sovereign currency issuers will have to think of themselves less as lords and masters and more as service providers in a free market of digital cash
Bitcoin has fallen 12.7% from the year's high of $58,354.14 on Feb. 21
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The cryptocurrency was last trading at $51,607
The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year
Bitcoin is at a "tipping point" and could either become the preferred currency for international trade or face a "speculative implosion," Citi analysts said.
Bitcoin is still up more than five times over the past year, a divisive rally pitting believers in a new asset class against naysayers who see a speculative bubble
Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.
The sell-off echoed that in equity markets
For Gates, it's not something Main Street should buy into - plus it's bad for the environment as mining the coins requires a lot of energy.
The firm said in December that it had confidentially applied with the US Securities and Exchange Commission (SEC) to go public
It is safer to build a diversified basket of cryptocurrencies
Investors focused on environmental, social and governance (ESG) factors may also have cause for concern
LONDON/NEW YORK (Reuters) - A dive in Bitcoin's price spilled onto shares of Tesla Inc, which recently disclosed that it held a $1.5 billion investment in the cryptocurrency, and slammed exchange-traded funds holding the stock on Tuesday.
The stock dropped as much as 12% to $627.10 in New York on Tuesday
The world's biggest cryptocurrency suffered its biggest daily drop in a month