Bitcoin was last hovering around $35K mark, after falling as low as $34,000
The market capitalisation of the token currently is $31 million.
The world's largest cryptocurrency rebounded this week after falling below $40,000 for the first time since September on Monday
The largest cryptocurrency declined as much as 4.9 per cent to $41,008
The companies that were raided include Bengaluru-based Long Rich Technologies, Longrich Global, and Morris Trading Solutions, among others
Newcomers have been drawn to the promise of quick gains touted by crypto backers, as well as hopes that bitcoin offers a hedge against soaring inflation
Polytrade MD and founder Piyush Gupta said this has come as a giant leap towards the compay's goal of providing real-world borrowers access to low interest and swift financing
Those opposed to regulation cited concerns ranging from heavy taxation to a potential outright ban on non-exchange-traded tokens
Even as prices swung wildly, investors large and small dived into Bitcoin and Ethereum as well as non-fungible tokens
That's almost quadruple the previous high of around $8 billion in 2018
BollyCoin aims to house Bollywood's most iconic filmy dialogues, clips, and posters, etc., starting with NFTs of the iconic Dabangg franchise
Our view on crypto assets (crypto coins as an asset class) is that there is a fast-growing use-case for every investor to have some exposure in their portfolios
Memecoins, regulations, and the future. Tanmay Bhat hosts a dynamic session on Crypto at Razorpay FTX 2021
Bitcoin rose as much as 4.4 per cent to $50,101 in New York trading on Friday
The blockbuster price he paid helped bring attention to the burgeoning market for NFTs
Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai
More than half the 29,352 respondents say it should be taxed like a digital asset held abroad
Says regulation could happen in phases. Crypto could first classified as an asset, then taxed, and then brought under an appropriate regulatory authority
Business Standard brings you the top stories on Wednesday