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Internet and Mobile Association urges govt to regulate, not ban cryptocurrency

Updated on Mar 11, 2021 10:42 IST

As per IAMAI, the crypto community consists of over 10 million crypto holders having over USD 1 billion worth of crypto assets, over 300 startups generating tens of thousands of jobs and hundreds of millions of dollars in revenue and taxes.

Breaking through $55,000, Bitcoin rises by 2.8%

“It wouldn’t shock to see the price make an assault on the February high of $58,350,” Chris Weston, head of research at Pepperstone Group Ltd., wrote in a note.

Published on Mar 10, 2021 02:31 IST

Bitcoin on your balance sheet? Here's what you need to know

Treasury Secretary Janet Yellen and Microsoft Corp. co-founder Bill Gates were the latest to weigh into a debate over the digital coin. Gates cautioned about how investors can be swept up in manias, while Yellen said Bitcoin is an “extremely inefficient way of conducting transactions.”

Published on Mar 8, 2021 06:50 IST

On cryptocurrency, Anurag Thakur says ‘innovation welcomed, must evaluate ideas’

Union minister of state for finance and corporate affairs Anurag Thakur on Saturday addressed the Punjab chapter of Entrepreneurs Organisation.

Published on Mar 6, 2021 15:39 IST

Bitcoin rises after Chinese region declares war on crypto mining

Bitcoin trading volumes are around $10 billion daily for the spot and futures market combined, compared with an equivalent figure of $100 billion for gold.

Published on Mar 1, 2021 10:16 IST

RBI says it has ‘major concerns’ about Cryptocurrency

Published on Feb 24, 2021 07:02 IST

Bitcoin tumbles below $50,000 as caution about rally takes hold

Treasury Secretary Janet Yellen and Microsoft Corp. co-founder Bill Gates were the latest to weigh into a debate over the digital coin. Gates cautioned about how investors can be swept up in manias, while Yellen said Bitcoin is an “extremely inefficient way of conducting transactions.”

Published on Feb 23, 2021 06:38 IST

Bitcoin rally faces potential test from falling market liquidity

Bitcoin trading volumes are around $10 billion daily for the spot and futures market combined, compared with an equivalent figure of $100 billion for gold.

Published on Feb 22, 2021 06:37 IST

Bitcoin stocks are possibly the dumbest Bitcoin play

FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

Published on Feb 21, 2021 08:07 IST

Bitcoin nears $1 trillion value as Crypto jump tops other assets

Only 5% of the executives polled said they planned to hold bitcoin in 2021.

Published on Feb 19, 2021 06:21 IST

Bitcoin soars to new high above $52,000; sustainability concerns rise

Bitcoin has risen eightfold since last March.

Published on Feb 18, 2021 02:05 IST

Bitcoin rally falters just short of $50,000 as investors take profit

Bitcoin fell as much as 5.6% to $45,914 in Asian trading hours.

Published on Feb 15, 2021 08:59 IST

Elon Musk says he supports top dogecoin holders selling most of their coins

A well-known supporter of cryptocurrencies, Musk has weighed in regularly on the recent frenzy in retail investment.

Published on Feb 15, 2021 02:48 IST

Mastercard to allow some cryptocurrencies in digital asset boom

Updated on Feb 11, 2021 24:40 IST

Buy a car with bitcoin? Some car dealers were years ahead of Musk

Elon Musk's Tesla announced a $1.5 billion investment in Bitcoin and a plan to accept digital currency as payment for electric cars.

Published on Feb 10, 2021 08:39 IST

Explained: Govt committee recommends ban on all cryptocurrencies

Customers talk against a backboard with signs of cryptocurrency during 2020 Taipei International Finance Expo in Taipei, Taiwan.

Updated on Feb 10, 2021 06:20 IST

Bitcoin finds new momentum as prices approach USD 40,000 mark

“If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.

Published on Feb 8, 2021 11:19 IST

Dogecoin soars to new record as Elon Musk fires off new tweet

SpaceX founder Elon Musk

Published on Feb 8, 2021 24:06 IST

Bitcoin rally takes crypto market value to another record

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File Photo

Published on Feb 6, 2021 04:39 IST

Elon Musk says bitcoin 'on the verge' of being more widely accepted

"I think bitcoin is on the verge of getting broad acceptance by conventional finance people," Elon Musk said, adding he should have bought it eight years ago.

Published on Feb 1, 2021 09:01 IST

Regulating digital currency among 38 key bills on House agenda

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 will be introduced to create a framework for creation of the official digital currency and ban all other cryptocurrencies in the country.

Published on Jan 30, 2021 23:21 IST

Govt to introduce bill for banning cryptocurrencies. All you need to know.

Bitcoin is the world’s most popular cryptocurrency, it has a convertible value, which has been witnessing record highs the past few months.

Published on Jan 30, 2021 11:50 IST

Bitcoin investors may lose everything, European Central Bank warns

On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter

Published on Jan 29, 2021 11:33 IST

Everything you need to know about Dogecoin, the meme-based cryptocurrency

Dogecoin hit $0.0138 on January 28. This happened days after the Gamestop frenzy on Reddit that caused Gamestop’s share to soar by nearly 2,000 per cent, since the beginning of 2021.

Published on Jan 29, 2021 11:20 IST

Bitcoin soars 14% after Elon Musk namecheck on Twitter

Bitcoin jumped over 300% last year, as bigger US investors and corporations sought exposure to the cryptocurrency.

Published on Jan 29, 2021 10:35 IST

Bitcoin return to $40,000 in doubt as Grayscale fund flows slow

FILE PHOTO: Representations of virtual currency bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

Published on Jan 25, 2021 05:40 IST

Bitcoin drops close to $30,000 mark as head-turning rally stalls

FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration//File Photo

Published on Jan 22, 2021 24:28 IST

Bitcoin falters for a second day, slides below technical level

Bitcoin is struggling to maintain its momentum from the end of 2020.

Published on Jan 21, 2021 06:49 IST

Bitcoin’s turbulence helps kindle rally in largest rival Ether

FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

Published on Jan 19, 2021 08:10 IST

Bitcoin retreats from $40,000 level strategists view as key

The cryptocurrency could be hurt by an exodus of trend-following investors unless it can “break out” above $40,000 soon.

Published on Jan 18, 2021 04:57 IST

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