The escalation of trade tensions following US President Donald Trump's tariff announcement, analysts believe, has injected fresh volatility into traditional markets
Market analysts suggest that the recent movements in the crypto market reflect a mix of resilience and caution. Investors should keep an eye on US jobless claims and GDP data due later today
Historically, April has been a strong month for Bitcoin, with an average monthly gain of 13 per cent, raising expectations among market participants
The independent assessors (IA) verified the existence, control, and quantity of the platform assets
Newly-established Pakistan Crypto Council will be establishing a regulatory framework aimed at integrating blockchain technology into its economy
The announcement comes at a time when creditors are tentatively scheduled to vote on the asset redistribution scheme between March 19 and 28
ECB has been working on creating a digital euro since 2020, after Facebook announced a year earlier it wanted to launch its own digital currency called Libra
Needs approval of at least 50% of creditors by volume, and 75% by value
The US, for example, holds around $17 billion equivalent of cryptocurrencies seized from criminals, and China is estimated to hold around $19 billion
The price of Bitcoin rallied to $95,083 per piece on Sunday from $78,225 on Friday following Trump's announcement. It normalised to $83,687 on Tuesday at the time of writing this report
India had its largest crypto theft last year when currencies worth $230 million were stolen from wallets linked to WazirX exchange, according to news reports
Many young Indians are dabbling in crypto trading to supplement their regular income in the world's most populous country where jobs and pay increases have lagged world-beating economic growth
These filings belong to 16 distinct virtual digital asset (VDA) categories, including memecoins
The CBI has conducted searches at 11 locations in Delhi and Haryana on alleged cyber criminals who were cheating people by impersonating as government officers resulting in seizure of Rs 1.08 crore cash, officials said Saturday. The searches were conducted at nine locations in Delhi and two in Haryana's Hisar on Friday in connection with a two-year-old case, they said. It was alleged that the accused were engaged in illegal activities by impersonating government officials and committing crypto fraud, a CBI spokesperson said. "They were also found cheating people in India and abroad, by offering fake technical support consultations and dishonestly inducing them to transfer money in the form of cryptocurrency. This money was then routed through multiple crypto wallets and converted into cash," the spokesperson said in a statement on Saturday. The agency has already filed a charge sheet in the case against three accused. "During the searches, the CBI unearthed significant incriminati
Alexander Vinnik, a Russian cryptocurrency expert who faced Bitcoin fraud charges in the United States, returned to Russia on Thursday after being freed in a swap that saw Moscow release American Marc Fogel, Russian news agencies reported. Alexander Vinnik arrived in Moscow on a flight from Turkey, where he was flown after being released from custody in California, Russia's state Tass and RIA-Novosti news agencies reported, citing Russian aviation officials and his lawyer. Vinnik, who operated cryptocurrency exchange BTC-e, was arrested in 2017 in Greece at the request of the US on cryptocurrency fraud charges and was later extradited to the United States where he pleaded guilty last year to conspiracy to commit money laundering. Steve Witkoff, a special envoy for US President Donald Trump, left Russia with Fogel earlier in the week and brought him to the White House, where Trump greeted him on Tuesday. Fogel, an American history teacher who was deemed wrongfully detained by Russia
The announcement comes at a time when Trump and his family businesses are increasingly turning to making money from the world of crypto
The redistribution of assets will be made in the form of tokens, the company said, conditional to its users voting in affirmative to its scheme
Edul Patel, CEO and co-founder of Mudrex, shares his views on Bitcoin, meme coins, Trump's policies, AI in trading, and the future outlook of cryptocurrencies
The trade policies, analysts said, could fuel volatility across risk assets, including cryptocurrencies
Virtual Digital Assets (VDAs) are now classified as undisclosed income. So if unreported crypto gains are detected, tax authorities can levy a 60% tax along with a hefty 50% penalty on the tax amount