Majority cryptocurrencies emerged out of the weekend slumber with price hikes on Monday, February 20. The value of Bitcoin reached $24,256 (roughly Rs. 20 lakh) in the last three days. As per experts, investors may benefit from the upcoming Federal Open Market Committee (FOMC) meeting slated for early March. Despite the overall risen price point, … Read more
Bitcoin recorded a value dip of 3.37 percent on both, national as well as international exchanges on Friday, February 17. At the time of writing, the price of BTC stood at $23,844 (roughly Rs. 19.7 lakh). The value of BTC tumbled down by $109 (roughly Rs. 9,020) in the last 24 hours. Experts have predicted … Read more
Bitcoin on Tuesday, February 14, joined majority cryptocurrencies in recording losses on the price charts. On both national as well as international exchanges, Bitcoin dropped in value by around one percent. The price of the most valued cryptocurrency, at the time of writing, stood at $21,705 (roughly Rs. 17.9 lakh). The prices of majority cryptocurrencies … Read more
Most cryptocurrencies, for the second day in a row, reflected losses on the price charts on Friday, February 10. Bitcoin value dipped by around 2.70 percent on both, Indian exchanges such as CoinSwitch Kuber, as well as international ones like Binance and CoinMarketCap among others. The price of the oldest crypto currency is hovering over … Read more
Most cryptocurrencies have begun to spring towards gains as the year of 2023 made way into its second month. On Thursday, February 2, Bitcoin opened with a gain of three percent to trade at the price point of $23,884 (roughly Rs. 19.5 lakh). On international exchanges, BTC reeled in gains of around 3.50 percent to … Read more
The recent collapse of the crypto exchange FTX and the ensuing sell-off in the crypto markets have placed a spotlight on the vulnerabilities in the crypto ecosystem, the Economic Survey 2022-23 presented in Parliament said on Tuesday. Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because … Read more
Bitcoin opened with a minor loss of 1.71 percent to trade at the price point of $22,763 (roughly Rs. 18.5 lakh). The most expensive cryptocurrency, Bitcoin recorded losses of similar magnitude on foreign exchanges such as Coinbase and Binance as well. In the coming days, experts predict, Bitcoin could exceed the mark of $25,000 (roughly … Read more
India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The ‘Impact Assessment of 1 percent TDS on VDAs’ report by Chase India and Indus Law said the … Read more
After two days of most cryptocurrencies opening with profits, the price chart reflected losses next to majority altcoins on Wednesday, January 25. Bitcoin managed to retain its recently spiked price despite encountering a small loss of 2.10 percent. The value of BTC, at the time of writing, stood at $22,621 (roughly Rs. 18.4 lakh). The … Read more
Crypto giant Binance processed almost $346 million (roughly (Rs. 2,900 crore) in Bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine,” blockchain data seen by Reuters show. The Justice Department on January 18 said it charged Bitzlato’s co-founder and majority shareholder Anatoly … Read more