Page 23 - Cryptocurrencies

More than 12,000 crypto coins become zombies in market slump: Report

Most blockchain projects are built around bespoke digital coins, which often function as user rewards and compensate developers for their woring them inck, giventive to stay involved

Six months on, crypto tax leading to siphoning of India's wealth: Experts

The crypto industry is largely unregulated in India, and the central government, along with the Reserve Bank of India (RBI), have repeatedly refused to make cryptocurrencies legal

Will rate hikes spell more trouble for crypto markets?

The US Fed's aggressive monetary tightening policy has spelt trouble for the crypto markets. Find out the road ahead for the crypto markets, as global central banks affirm to higher interest rates

Kolkata gaming app: ED freezes crypto assets worth Rs 12.83 crore

The Enforcement Directorate on Wednesday said it has frozen bitcoins worth Rs 12.83 crore as part of an ongoing money laundering probe against the promoter of a Kolkata-based mobile gaming app firm that is alleged to have duped a number of people. Crypto currency worth 77.62710139 bitcoins is kept in the Binance crypto exchange and it belongs to a person named Aamir Khan who owns a mobile gaming application called E-Nuggets, the federal probe agency said in a statement. The ED had raided the premises of the company and that of Khan and his father Nesar Ahmed Khan in Kolkata early this month and seized Rs 17.32 crore cash from there. Aamir Khan was arrested by the detective department of the Kolkata Police from Ghaziabad in Uttar Pradesh last week. The money laundering case stems from an FIR filed by the Kolkata Police against the company and its promoters in February 2021. This FIR was registered at the Park Street police station based on a complaint filed by the Federal Bank ...

Equities, Gold, FDs: Where should you invest as global headwinds rise?

With the domestic economy looking ripe to shine despite a possible global recession, analysts recommend investors look at investing a bulk of their investable surplus in equities

Bitcoin touches 3-month low; Ether extends fall since 'Merge' update

Investors are bracing for volatility from the jumbo Federal Reserve interest-rate hike expected Wednesday to fight price pressures.

Top Headlines: Govt slashes windfall tax, Adani overtakes Tata, and more

Business Standard brings you the top headlines at this hour

Fast-tracking of status on cryptocurrency assets may be in works

India, like many other countries, is currently not FATF-compliant on crypto assets

'Inflation has peaked' narrative premature, impact to stay: Crypto experts

Bitcoin, the largest cryptocurrency by market cap, has fallen nearly 10 per cent since the Fed announcement of the inflation figures and was trading at $20,367.16 on Wednesday

Cryptocurrency and bitcoin price on 12 Sept: BTC grows over 2%

Cryptocurrency and Bitcoin price today, 12 Sept: Bitcoin and Ethereum price rises. Read this detailed report on the updated prices of BTC, ETH and other cryptocurrencies

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

Cryptocurrency and bitcoin price today, 9 Sept: BTC, ETH price rises

Cryptocurrency and Bitcoin price today, 9 Sept: Bitcoin and Ethereum price rises today. Read this detailed report to know the prices of cryptocurrencies, top gainers and top losers of the day

Bitcoin is seen poised to escape from tightest trading range in two years

Bitcoin, which accounts for about 40 per cent 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

Bitcoin drops most in two months as global markets turn risk off

Bitcoin, the largest virtual coin by market capitalization, tumbled as much as 9.2% to $21,271, the biggest intraday drop since June 18

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

Cryptocurrencies' rally cools as Ethereum upgrade optimism loses steam

Matt Maley, chief market strategist at Miller Tabak & Co, said that the pullback was natural, as investors took 'some chips off the table'

Bitcoin tops $25,000 for first time since June amid crypto rally

Crypto struggled through the first half of the year as the Federal Reserve hiked rates to combat stubbornly high inflation, with the prices of Bitcoin, Ether and other tokens falling by more than 50%

ED attaches Rs 370 cr deposits, including crypto assets of a Bengaluru firm

The federal agency froze the funds after it raided the premises of the company, Yellow Tune Technologies Pvt. Ltd, located in Karnataka's capital city over three days, starting August 8.

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