Page 4 - Cryptocurrency

CoinDCX raises fresh funds from Coinbase, valuation to hit $2.45 billion

Coinbase has been an investor in CoinDCX since 2020. The latest investment is an extension of the company's previous funding round and, once completed, will value CoinDCX at $2.45 billion post-money

Citi bets on blockchain, plans to launch crypto custody by 2026: Report

The crypto custody offering-under development for the past two to three years-will cater primarily to asset managers and institutional clients

Singapore High Court gives approval to WazirX's scheme of arrangement

This comes weeks after the majority of the platform's creditors approved its revised scheme of arrangement, paving the way for the redistribution of virtual digital assets (VDAs) on the platform

'Crypto has no intrinsic value': UK's top retail platform warns investors

UK's top retail investment platform, Hargreaves Lansdown, has said cryptocurrency performance cannot be reliably analysed and shouldn't be trusted to help clients meet their financial goals

Ahead of the curve: Binance Wallet users to get early access to meme tokens

Meme Rush, the company said, is designed to help users discover and purchase exclusive meme token projects in their earliest stages-before they become publicly tradeable on decentralised exchanges

India to roll out digital currency; Piyush Goyal flags unbacked crypto

Goyal clarified that while there is no outright ban on cryptocurrencies without Central government backing, they are heavily taxed to discourage their use

Can gold and Bitcoin coexist on central bank books? Deutsche Bank weighs in

A declining dollar, fresh geopolitical and tariff uncertainty, and questions of the Fed's independence have led gold and Bitcoin to outperform

Bitcoin rises to record high as 'debasement' trade spurs risk rally

The token climbed to as high as $125,689 on Sunday in Asia, topping its previous record set on Aug. 14, supported by the uptick in US equities

Bitcoin reclaims $120K as US shutdown fuels demand for safe-haven assets

The original cryptocurrency has long been referred to as "digital gold" by advocates, who see it serving a similar role as the precious metal during times of turmoil

Binance rolls out CaaS to bridge traditional finance and digital assets

CaaS is an end-to-end infrastructure and technology offering designed specifically for large, regulated financial institutions

European banks to launch euro stablecoin, challenge US crypto dominance

The European banks' new Amsterdam-based company is expected to launch its stablecoin in the second half of next year

No regulatory backing but stablecoin use steadily rising in India

The anonymous founders of Bitcoin, the world's largest cryptocurrency by market capitalisation, intended to substitute the centralised model of money with decentralised cryptography

Rate cut expectations boost Bitcoin: Is the next bull run on the cards?

While the rate cut itself is largely expected, analysts believe that Powell's forward guidance will play a crucial role in determining whether these levels push higher or lead to a corrective pullback

Cybersecurity audits mandatory for crypto exchanges amid rising thefts

Crypto platforms will need to hire a security auditor registered with the Indian Computer Emergency Response Team (Cert-In), a nodal agency that deals with cybersecurity incidents

How regulation is shaping a sustainable crypto assets sector in India

The reality is that every country's response will (and should) differ depending on the country context and risks arising from crypto assets

Family offices in risk-on mode; bet on AI, private credit: Goldman Sachs

In the next 12 months, 34 per cent of respondents, Goldman Sachs said, intend to reduce their cash balances with many planning to invest in 'risk assets'

Crypto stages recovery: BTC breaks $114k, ETH tops $4.4k; US CPI data eyed

The rally was supported by strong institutional and stablecoin inflows, helping Bitcoin maintain its gains, though altcoins showed mixed performance, according to analysts

India takes cautious approach on cryptocurrencies, RBI cites concerns

According to a document reviewed by Reuters, the RBI reportedly believes that managing risks linked to cryptocurrencies through regulation would be difficult in India

Taxation deters Indian crypto investors amid rising interest: Mudrex

Nearly 90 per cent of investors said they would increase their investments if government policies became clearer

Crypto holds steady: BTC, ETH range-bound; investors eye US inflation data

Analysts suggest the muted price action reflects investor caution ahead of the upcoming US CPI release, which could influence the Fed's next policy decision