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Page 12 - Cryptocurrency

Bitcoin at all-time high for 2nd consecutive day, traders eye $110,000 mark

Crypto markets have seen large gains since Trump's election victory as the industry expects a more friendly regulatory environment

Bitcoin at all-time high for 2nd consecutive day, traders eye $110,000 mark
Updated On : 17 Dec 2024 | 11:00 PM IST

ITAT ruling: Cryptocurrencies now recognised as capital assets for taxation

Income Tax Appellate Tribunal has ruled that cryptocurrencies are considered capital assets, clarifying how profits from crypto sales should be taxed. The ruling applies to transactions before 2022.

ITAT ruling: Cryptocurrencies now recognised as capital assets for taxation
Updated On : 17 Dec 2024 | 2:22 PM IST

Bitcoin hits record high of $107,000, hopes grow for strategic reserve

Bitcoin, the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148 and was most recently at $106,877, up 5.43% from late Friday

Bitcoin hits record high of $107,000, hopes grow for strategic reserve
Updated On : 16 Dec 2024 | 11:09 PM IST

Bitcoin surges to record high above $106,000 on strategic reserve hopes

Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688

Bitcoin surges to record high above $106,000 on strategic reserve hopes
Updated On : 16 Dec 2024 | 8:41 AM IST

Safety tips for crypto investors: Store long-term holdings in a cold wallet

Go with an exchange that offers security features such as two-factor authentication (2FA), withdrawal whitelist, and encryption

Safety tips for crypto investors: Store long-term holdings in a cold wallet
Updated On : 10 Dec 2024 | 10:13 PM IST

WazirX parent seeks court approval for creditors' meeting, recovery scheme

The meeting would enable the company to present a scheme of arrangement for the recovery of lost funds to its creditors and bring it to a vote, subject to the court's approval

WazirX parent seeks court approval for creditors' meeting, recovery scheme
Updated On : 10 Dec 2024 | 7:29 PM IST

At Gulf bitcoin gathering, Trump allies to bask in crypto's euphoria

President-elect Trump is World Liberty Financial's chief crypto advocate, and sons Eric, Don Jr and Barron are ambassadors, according to the WLF website

At Gulf bitcoin gathering, Trump allies to bask in crypto's euphoria
Updated On : 09 Dec 2024 | 8:43 AM IST

Sam Pitroda's server hacked, hackers demand payment in cryptocurrency

The hackers have issued threats, demanding payment of tens of thousands of dollars in cryptocurrency

Sam Pitroda's server hacked, hackers demand payment in cryptocurrency
Updated On : 07 Dec 2024 | 9:17 AM IST

Donald Trump appoints former PayPal COO David Sacks as 'AI and crypto czar'

Crypto czar and other officials in Trump's incoming administration such as the chairs of the SEC and Commodity Futures Trading Commission are expected to reshape US policy on digital currency

Donald Trump appoints former PayPal COO David Sacks as 'AI and crypto czar'
Updated On : 06 Dec 2024 | 10:50 PM IST

The NFT is dead, long live the NFT? A look at its lasting legacy

The giddy craze for nonfungible tokens brought the crypto crowd to art auctions. Now, long after the bubble burst, some still believe it did

The NFT is dead, long live the NFT? A look at its lasting legacy
Updated On : 06 Dec 2024 | 10:41 PM IST

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

At present, industry estimates suggest that India has around 40 million active crypto investors

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush
Updated On : 05 Dec 2024 | 10:18 PM IST

Bitcoin crosses $100,000 milestone: Should Indians invest in crypto now?

Indian investors are now viewing Bitcoin as a viable option for wealth creation

Bitcoin crosses $100,000 milestone: Should Indians invest in crypto now?
Updated On : 05 Dec 2024 | 4:27 PM IST

Bitcoin crosses $100,000 on optimism over Donald Trump's crypto plans

More than 16 years after its creation, bitcoin appears on the cusp of mainstream acceptance, despite naysayers and a history of controversies

Bitcoin crosses $100,000 on optimism over Donald Trump's crypto plans
Updated On : 05 Dec 2024 | 10:30 AM IST

Bitcoin's bulls pull back as its quest for $100,000 runs into resistance

Groups of Bitcoin and Ether exchange-traded funds each posted record monthly net inflows in November, at $6.5 billion and $1.1 billion respectively

Bitcoin's bulls pull back as its quest for $100,000 runs into resistance
Updated On : 03 Dec 2024 | 8:55 AM IST

Govt detects Rs 824 cr GST evasion by crypto firms: FinMin to Parliament

But only Rs 122 cr recovered, FinMin tells Parliament

Govt detects Rs 824 cr GST evasion by crypto firms: FinMin to Parliament
Updated On : 02 Dec 2024 | 10:05 PM IST

Cryptocurrency's $1 trillion rally has yet to reprise pandemic-era mania

The banana comes from a viral conceptual artwork, Comedian, comprised of the fruit duct-taped to a wall, which Sun bought in a Sotheby's auction last week

Cryptocurrency's $1 trillion rally has yet to reprise pandemic-era mania
Updated On : 29 Nov 2024 | 11:49 PM IST

BS Decoded: Bitcoin Surges to New Highs: Is the Crypto Winter Finally Over?

Bitcoin has soared past $89,000, signalling a potential end to the long 'crypto winter'.

Icon YoutubeBS Decoded: Bitcoin Surges to New Highs: Is the Crypto Winter Finally Over?
Updated On : 23 Nov 2024 | 12:15 PM IST

Will book profit in cryptocurrency Bitcoin at $150,000 levels: Chris Wood

Bitcoin, meanwhile, has gained 164 per cent in the last one year - from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.

Will book profit in cryptocurrency Bitcoin at $150,000 levels: Chris Wood
Updated On : 23 Nov 2024 | 12:14 AM IST

Cboe set to launch cash-settled Bitcoin ETF options as crypto booms

Crypto derivatives such as options and futures have been largely traded outside the US given regulations related to such contracts within the country

Cboe set to launch cash-settled Bitcoin ETF options as crypto booms
Updated On : 22 Nov 2024 | 10:31 PM IST

SEC Chair Gary Gensler who led US crackdown on cryptos to step down

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies, will step down from his post on January 20. Gensler pushed for changes that he said protected for investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised during his campaign that he would remove Gensler. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40 per cent since Trump's victory. It hit new highs and was nearing USD 100,000 Thursday. Bitcoin moved notably higher after his resignation was announced. Perhaps most famously, Gensler gave a speech during the first year of his chairmanship in 2021 where he described the world of crypto as the Wild West. This asset class is rife with fraud, scams, and abuse in certain applications, he said in a speech at the Aspen Security Forum. There's a great deal of hype and

SEC Chair Gary Gensler who led US crackdown on cryptos to step down
Updated On : 22 Nov 2024 | 7:04 AM IST