Page 23 - Crypto Trading

Crypto wrap: 'Merge' in focus, inflation figures still key, say experts

Bitcoin, the largest crypto token by market capitalisation, was trading at $21,750 on Friday. On Monday, it had briefly hit the $25,000 mark

Binance gains big as crypto traders flee Indian exchanges to escape taxes

Downloads of Binance's app in India jumped to 429,000 in August, the highest this year and almost triple that of runner-up CoinDCX,

Crypto weekly wrap: Despite gains, experts want investors to wait and watch

Ahead of much anticipated "Merge" Ethereum will be on the radar of the investors, however, it may not perform as good as it is expected to, experts said

Crypto traders in bullish mode despite hawkish Fed comments on inflation

Bitcoin, which accounts for about 40% of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4%, the narrowest since October 2020

Crypto weekly wrap: Bitcoin to rise once it reaches $20,400, say experts

For Ethereum, which is scheduled to go for 'The Merge' on September 6, will likely break out of the $2,000 level before the event, experts suggest

Crypto.com accidentally refunds over $7 mn instead of $68 to customer

Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say

Over half of Bitcoin's daily trading volume fake globally: Report

More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil

Crypto wrap: Expect high volatility as inflation still a worry, say experts

Volatility in the crypto market comes at a time when the share markets too were showing high volatility, globally

The sleuths who protect cryptocurrencies from hackers are raking in money

As mass firings become the norm elsewhere in crypto, they're boosting hiring, raising prices and taking in fresh funding

WazirX controversy bares crypto's vault of trade secrets in India

The ED found that large amounts of funds were diverted by the fintech companies to buy crypto assets and then launder them abroad

Crypto wrap: Market participants coming out of bear phase, experts suggest

In the last seven days, Bitcoin rose nearly 3 per cent, and Ethereum gained 13 per cent. The total crypto market cap rose from $1.03 trillion to $1.1 trillion

CoinSwitch launches $10 mn fund to support start-ups, blockchain tech

Web3 Discovery will give entrepreneurs access to investors like Tiger Global, Ribbit Capital, Coinbase Ventures

WazirX, Binance engage in war of tweets; investors worry about future

The ED has found major amount was diverted to WazirX and the crypto assets so purchased have been sent to unknown foreign wallets

Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts

The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent

Coinbase's BlackRock pact reinforces crypto status, burns shorts

For Coinbase investors, the news is a much-needed signal that its status as a giant in the crypto sector remains rock solid

2 Indian brothers plead not guilty in crypto insider trading scheme in US

Ishan Wahi, 32, a former product manager at cryptocurrency platform Coinbase, along with his brother Nikhil Wahi, 26, have pleaded not guilty to federal charges of insider trading, the media reported.

Crypto watch: Winter in the market is not over yet, argue experts

As the cryptocurrency market cap crossed $1.1 trillion mark on Friday and Bitcoin rose above $24,000, experts said that 'we are not there yet'

India needs to have progressive regulation for crypto assets: Experts

Blockchain technology is needed and can be used in governance, they say

2 Indians, friend charged in 1st crypto insider trading scheme: Official

Two Indian brothers and their Indian-American friend have been charged in the US in the first ever cryptocurrency insider trading scheme in which they made illicit profits totalling over a mn dollars

Crypto markets rebound but assets future in India uncertain: Experts

From April 1, a 30 per cent tax was applied on income from the sale of cryptocurrency. From July 1, an additional 1 per cent tax was applied in the form of tax deducted at source (TDS)