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Page 18 - Cryptocurrency

Bitcoin 'halving' spurs exodus of old United States mining computers abroad

Bitcoin has surged about 50% this year to around $63,500, though it's down from a record high of $73,798 reached on March 14

Bitcoin 'halving' spurs exodus of old United States mining computers abroad
Updated On : 23 Mar 2024 | 11:56 PM IST

Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin

Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia, driven by insatiable investor appetite for applications like machine-learning

Cryptoverse: Artificial intelligence tokens outpace record-breaking bitcoin
Updated On : 20 Mar 2024 | 12:00 AM IST

Bankrupt crypto lender Genesis to pay $21 million to settle SEC charges

The deal resolves January 2023 charges the SEC filed against Genesis and Gemini Trust Company LLC over their joint crypto lending program

Bankrupt crypto lender Genesis to pay $21 million to settle SEC charges
Updated On : 19 Mar 2024 | 8:04 PM IST

Bitcoin cracks 8% in 24 hours after touching new high, may fall further

$526 mn worth of crypto wagers were liquidated in the past 24 hours, according to one analysis

Bitcoin cracks 8% in 24 hours after touching new high, may fall further
Updated On : 15 Mar 2024 | 4:01 PM IST

Bitcoin tops $73,000 level to hit new record on insatiable ETF demand

The world's largest cryptocurrency reached a high of $73,664 on Wednesday, before paring its rise slightly to trade at around $73,080 as of 8:29 a.m. in New York

Bitcoin tops $73,000 level to hit new record on insatiable ETF demand
Updated On : 13 Mar 2024 | 11:48 PM IST

Sebi plans to implement optional same-day settlement from March 28

Sebi chief says instantaneous settlement needed to tackle emerging competition from crypto world

Sebi plans to implement optional same-day settlement from March 28
Updated On : 11 Mar 2024 | 11:37 PM IST

Bitcoin above $71,000 as demand frenzy intensifies, hits new record high

Britain's financial watchdog on Monday became the latest regulator to pave the way for digital asset trading products after

Bitcoin above $71,000 as demand frenzy intensifies, hits new record high
Updated On : 11 Mar 2024 | 11:02 PM IST

Y-Combinator-backed Mudrex to offer Bitcoin Spot ETFs to Indian investors

It comes at a time when Bitcoin touched its all-time high of $71,677 on Monday mainly due to the enthusiasm around Bitcoin ETFs

Y-Combinator-backed Mudrex to offer Bitcoin Spot ETFs to Indian investors
Updated On : 11 Mar 2024 | 5:34 PM IST

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings

Bitcoin miners are devouring electricity at record pace during crypto rally
Updated On : 09 Mar 2024 | 8:38 PM IST

Indian cryptocurrency exchanges hope for revival in Bitcoin rally

Indian cryptocurrency exchanges hope for a revival in sentiment as Bitcoin price is up nearly 50% in a month to over $66,000

Indian cryptocurrency exchanges hope for revival in Bitcoin rally
Updated On : 08 Mar 2024 | 10:45 AM IST

Chargesheet filed against Chinese-origin directors in crypto mining case

A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday. A special court in Dimapur in Nagaland on Tuesday took cognisance of the prosecution complaint filed under the Prevention of Money Laundering Act (PMLA), the federal agency said in a statement. A total of 299 entities, including 76 Chinese-controlled entities in which 10 directors are of Chinese origin and two controlled by other foreign nationals, have been named as accused, it said. The Enforcement Directorate's (ED) case of money laundering stems from an FIR of the Cyber Crimes Unit of the Kohima Police. The Kohima Police had booked various people under the Indian Penal Code and the Information Technology Act for allegedly duping gullible investors by promising astronomical returns by mining ..

Chargesheet filed against Chinese-origin directors in crypto mining case
Updated On : 06 Mar 2024 | 3:05 PM IST

Bitcoin rallies to two-year high above $65,000, record high comes into view

The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where inflows into U.S.-listed bitcoin funds have surged

Bitcoin rallies to two-year high above $65,000, record high comes into view
Updated On : 04 Mar 2024 | 3:54 PM IST

Bitcoin set for biggest monthly jump since 2020 boom amid ETF boost

The largest cryptocurrency by market capitalisation was last up 3.4% at $62,205, having changed hands at $63,933 overnight, the highest since late 2021

Bitcoin set for biggest monthly jump since 2020 boom amid ETF boost
Updated On : 29 Feb 2024 | 4:51 PM IST

Bitcoin nears $64,000, experts say it may beat previous high before halving

The surge in traffic on Wednesday triggered trading outages and displays of $0 balances for users of Coinbase, the largest US digital asset exchange

Bitcoin nears $64,000, experts say it may beat previous high before halving
Updated On : 29 Feb 2024 | 10:36 AM IST

He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer

Attorneys for the 31-year-old former crypto mogul made their recommendation to US District Judge Lewis A. Kaplan in a 98-page memo late Tuesday ahead of his March 28 sentencing

He should get 6 years in jail, pay back nothing: Sam Bankman's lawyer
Updated On : 28 Feb 2024 | 9:08 PM IST

Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020

The bigger bitcoin exchange-traded funds (ETFs), which were listed in the US on January 11, have seen a definite pickup in interest this week

Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020
Updated On : 28 Feb 2024 | 4:31 PM IST

Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200

Since the start of 2024, Bitcoin has gained 33 per cent, primarily due to the high demand of its recently launched ETFs

Bitcoin tops $57,000 for 1st time in over 2 years, Ethereum crosses $3,200
Updated On : 28 Feb 2024 | 8:11 AM IST

Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days

That stands in contrast to the other nine freshly launched spot Bitcoin ETFs, all of which are sitting on net inflows since trading began

Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days
Updated On : 27 Feb 2024 | 9:25 PM IST

Crypto wrap: Bitcoin sees profit booking after touching $1 trn market cap

The focus this week shifted towards Ethereum, as it led prices ahead of Bitcoin and crossed the crucial $3,000 level before falling

Crypto wrap: Bitcoin sees profit booking after touching $1 trn market cap
Updated On : 23 Feb 2024 | 4:06 PM IST

Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year

Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded $2 trillion, as per data from CoinGecko

Cryptoverse: Breezy bitcoin reclaims $1 trillion crown, up 22% this year
Updated On : 20 Feb 2024 | 10:33 PM IST