Page 56 - Cryptocurrency

Bitcoin drops below $40,000 as Biden-inspired optimism fades

Most of the top cryptocurrencies were down at least slightly in the 24 hours to 4:15 p.m. Hong Kong time

Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight

The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2

Bitcoin rallies after Biden signs executive order on digital assets

Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on 'the future of money' and the role cryptocurrencies will play

President Biden signs order on cryptocurrency as its use explodes

Biden signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

Joe Biden expected to sign executive order on cryptocurrency this week

President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded

Crypto exchanges won't bar Russians, raising fears of sanctions backdoor

Some of the world's biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision

Paresh Maity joins NFT bandwagon, collection to be auctioned on March 4

With five of his paintings going under the hammer on an NFT marketplace on Friday, leading contemporary painter Paresh Maity becomes the new artist dipping his toe into the world of metaverse

18% of super-rich Indians invested in cryptos, NFTs last year: Report

In its Wealth Report released on Tuesday, Knight Frank said 18 per cent global UHNWIs now own cryptocurrencies or tokens, and 11 per cent have invested in NFTs (non-fungible tokens)

Indian founder on the run in global $2.4 bn crypto ponzi scheme

Satish Kumbhani, founder of crypto BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely "relocated from India to an unknown location" abroad

Bitcoin tops $44,000 in tentative comeback as portfolio hedge

Bitcoin can benefit from some of the instability which will likely befall the dollar and euro as a result of worsening international tensions, says an expert

BitConnect's indicted founder Satish Kumbhani has disappeared, says SEC

BitConnect used money from new investors to pay earlier ones, the U.S. said.

Crypto exchange Binance blocks Russian users targeted by sanctions

Since 2019, Binance has allowed users to deposit and withdraw Russian roubles via payments company Advcash

Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue

Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday

Crypto network promises hack-proof history of Russia's Ukraine invasion

The swift and massive influx of data shows the power of being able to add to the archive of history in real time.

Legal or illegal? SC asks Centre to make its stand clear on Bitcoins

The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.

Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto

Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine

Bitcoin donations soar for Ukrainian army amid war with Russia

Come Back Alive, a Ukrainian NGO that raises crypto funds for the Ukrainian army, received more than $400,000 worth of digital tokens in the past day

Russia could use cryptocurrency to blunt the force of US sanctions

Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware

ASCI frames guidelines for crypto, NFT-related advertising, promotion

ASCI has clarified that its guidelines should not be read as a legal recognition or endorsement of the industry or sector since that is a matter of government policy

RBI's views might have delayed crypto bill: Deputy Governor Michael Patra

The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it