Page 38 - Cryptocurrency

Crypto bloodbath: Bitcoin ETF goes from boom to bust after record US debut

With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of many 10 worst performers

Pakistan issues notice to cryptocurrency exchange in $100-mn scam

Pakistan's Federal Investigation Agency (FIA) said that it had issued a notice to Binance

Top headlines: Quarantine for flyers from abroad, CCI probe against Google

India climb up the ladder of emerging tech patents, shows data. More in today's top headlines

Bitcoin slumps to lowest since Sept; down 40% from Nov high of $69K

The largest cryptocurrency declined as much as 4.9 per cent to $41,008

GST shadow on Indian cryptocurrency firms; foreign platforms go free

In the absence of regulations, international crypto and NFT platforms are escaping the GST net

Bitcoin drops to 3 month-low after US Fed signals interest rate hike

Bitcoin declined to three-month lows on Friday as minutes of the latest US Federal Reserve meeting raised possibility the central bank could boost interest rates as soon as March, Barrons reported.

Bitcoin slips ahead of hunt for rate clues in US payrolls

The MSCI All Country stock index was flat at 744.71 points, also down 2% from a record high on Tuesday

Dollar rides high on rate hike bets ahead of payrolls report

But firming expectations that the Fed could raise rates as soon as March and several times this year is pushing up U.S. yields and the currency.

Bitcoin hits lowest since September in drop of 40% from record

The largest cryptocurrency declined as much as 4.9% to $41,008, marking a tumble of about 40% from its record near $69,000 reached Nov. 10

Crypto crime hit record $14 bn in 2021, rose 80% from last year

Newcomers have been drawn to the promise of quick gains touted by crypto backers, as well as hopes that bitcoin offers a hedge against soaring inflation

Polytrade announces listing on cryptocurrency exchange CoinDCX

Polytrade MD and founder Piyush Gupta said this has come as a giant leap towards the compay's goal of providing real-world borrowers access to low interest and swift financing

Bitcoin, ether near multi-month lows following hawkish Fed minutes

The world's largest cryptocurrency was last at $42,700, down 1.7%, having lost 5.2% on Wednesday. A break below last month's trough of $42,000 would make it the weakest since September

Dollar near five-year high to yen as US yields surge on hawkish Fed

By Kevin Buckland

Cryptocurrencies see outflows in final week of 2021: CoinShares data

The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.

Bitcoin could reach $100k if it replaces gold as store of value: Goldman

Goldman estimates that Bitcoin's float-adjusted market capitalization is just under $700 billion

More than a third of India's urban dwellers oppose crypto law: Survey

Those opposed to regulation cited concerns ranging from heavy taxation to a potential outright ban on non-exchange-traded tokens

Cryptocurrency service providers seek clarity on taxation

The leading Cryptocurrency exchange WazirX, which has been a major focus of the DGGI crackdown, has paid Rs 49.2 crore as GST with interest and penalty

What does a GST probe against exchanges mean for crypto taxation?

The Directorate General of GST Intelligence recently launched a probe over alleged GST evasion against crypto exchanges. Will this nudge the govt to put a regulatory framework for cryptocurrencies?

TMS Ep79: Real estate, WazirX GST probe, FMCG stocks, home loan rates

Will omicron impact the real estate sector? What are the lessons from the GST probe against WazirX? Stock-price correction awaits FMCG? What to consider while taking a home loan? All answers here

Bitcoin at $100,000 or will the bubble get popped by Fed? What experts say

Bitcoin traded at around $46,100 on Tuesday as of 9:52 a.m. in Hong Kong, up about 0.2% on the day.