Page 30 - Cryptocurrencies

Bitcoin slumps to lowest since Sept; down 40% from Nov high of $69K

The largest cryptocurrency declined as much as 4.9 per cent to $41,008

GST shadow on Indian cryptocurrency firms; foreign platforms go free

In the absence of regulations, international crypto and NFT platforms are escaping the GST net

Crypto crime hit record $14 bn in 2021, rose 80% from last year

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 announces listing on cryptocurrency exchange CoinDCX

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

Cryptocurrencies see outflows in final week of 2021: CoinShares data

The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.

Bitcoin at $100,000 or will the bubble get popped by Fed? What experts say

Bitcoin traded at around $46,100 on Tuesday as of 9:52 a.m. in Hong Kong, up about 0.2% on the day.

CryptoWire introduces India's first global index of cryptocurrencies IC15

CryptoWire announced launch of India's first index of Cryptocurrencies - IC15, which is a rule-based broad market index by market cap.

Samsung announces 'groundbreaking' NFT support with its 2022 TV lineup

Samsung on Monday announced a groundbreaking TV support for NFTs, beginning with its 2022 TV lineup.

Billionaires are embracing crypto in case money 'goes to hell'

Even as prices swung wildly, investors large and small dived into Bitcoin and Ethereum as well as non-fungible tokens

Bull market in US overcame Covid waves, Fed pivot in tempestuous 2021

The S&P 500 Index ended the last trading day of 2021 with a drop of 0.3% that still left the equity benchmark 27% higher for the year and boasting no less than 70 record closes

The year of the Doge? 2021 was cryptocurrency's wildest year yet

Dogecoin, launched in 2013 as a bitcoin spinoff, soared over 12,000 per cent to an all-time high in May before slumping almost 80 per cent by mid-December

Pvt cryptocurrencies pose immediate risks to customer protection: RBI

The aggregate market capitalisation of the top 100 cryptocurrencies has reached USD 2.8 trillion

Indians to continue to embrace cryptocurrencies despite RBI concerns

The eighth of year-ender series finds out why retail investment in crypto assets may surge to $15.6 billion by 2030

TMS Ep70: Zee-Sony merger, market correction, crypto, securitisation

After mega deal, how will Zee-Sony merger unfold? Did market correction make new-age stocks value buys? How's the road ahead for cryptocurrencies in India? What is Securitisation? All answers here

What does the road ahead for cryptocurrencies look like in India?

India emerged as the fastest-growing crypto market in the world this year. A Bill to regulate it remained a work in progress. So, what's puzzling the government? And how was the year 2021 for cryptos?

Scammers netted cryptocurrencies worth $7.7 billion in 2021: Report

A key source of rising cryptocurrency scams in 2021 were 'rug pulls', where the developers of a new cryptocurrency vanish and take supporters' funds with them

Crypto attracts more money in 2021 than all previous years combined

That's almost quadruple the previous high of around $8 billion in 2018

Ex-US First Lady Melania Trump enters crypto market, announces NFT venture

In exchange for a cryptocurrency token, you can own a digital watercolour painting of Melania Trump's eyes.

Reserve Bank of India red-flags cryptocurrency risks in board meet

Officials say introduction of CBDCs will obviate need for private cryptos

RBI cautions banks' chiefs on risk involved in cryptocurrency trade

The central bank, on the other hand, has been vocal against crypto currencies