The Ministry of Finance recently made it clear in a written reply in the Lok Sabha that the government is not considering a law to regulate the transaction of cryptocurrencies. “Currently, there is no proposal to bring legislation for regulating the sales and purchase of virtual digital assets in the […]
Bitcoin
July 29 – Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from earlier in the session, when optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech lifted stocks. The volatile cryptocurrency […]
Much to the chagrin of cryptocurrency investors, WazirX, a leading crypto exchange, witnessed a massive security breach on Thursday in one of its multi-sig wallets, leading to the loss of over $230 million in withdrawals. The exploiter is reportedly selling the stolen tokens, which include $100 million worth of shiba […]
Bitcoin prices (BTC) surged over 3 per cent on Wednesday, reaching $65,758 at 12pm (India). BTC has experienced high traction among investors due to increased inflows and positive sentiments following an assassination attempt on US presidential candidate Donald Trump, which has significantly increased the odds of the former president winning […]
Bitcoin surged above $60,000 following Donald Trump’s bold response to an assassination attempt, leading to speculation that his presidential election prospects have strengthened, according to Bloomberg report. The former president, known for his supportive stance on cryptocurrency, reported being shot in the right ear during gunfire at a political rally […]
Budget 2024: The crypto industry expects Finance Minister Nirmala Sitharman to announce several favourable measures in the upcoming Union Budget, including a reduction in transaction taxes, the ability to offset losses, the equal treatment of capital gains from crypto assets and other income sources, and the establishment of a supportive […]
Bitcoin’s price could reach a new all-time high in August and potentially climb to $100,000 during the U.S. presidential election in November, according to a report by Standard Chartered, as quoted by media reports. Geoffrey Kendrick, Standard Chartered Bank’s head of forex and digital assets research, was quoted as saying […]
World’s biggest cryptocurrency Bitcoin witnessed a downturn of over 3 per cent on Monday, falling to $61,000 level. Losses are mounting in the crypto market following its second-worst weekly decline of 2024, driven by waning demand for Bitcoin exchange-traded funds and uncertainty surrounding monetary policy. As of 11:44 a.m. on […]
World’s biggest cryptocurrency Bitcoin slid as much as 3.78 per cent to $66,817 on Tuesday reflecting trader anxiety ahead of the US inflation data release and the Federal Reserve’s monetary policy decision. Bitcoin reached a record high of $73,798 in March, boosted by inflows into dedicated US exchange-traded funds. However, […]
The US markets regulator Securities and Exchange Commission (SEC) on Thursday confirmed that it has approved applications from Nasdaq, CBOE and NYSE to enable exchange traded funds holding Ethereum’s native token, ETH. It is vital to note that they are yet not cleared to trade but a step has been […]