Page 4 - Cryptocurrency

Crypto wrap: Market in green but Fed announcement to keep volatility high

US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2

India should consider reducing 1% TDS rate on cryptocurrency trade: Report

India should consider lowering the 1% TDS on crytocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and grey market

Alia Bhatt's age to Bitcoin prices, here is what India asked Alexa in 2022

Users were interested in trivia and global events, and frequently turned to Alexa to brush up their knowledge

Bitcoin Suisse AG selects TCS BaNCS for its crypto-financial technology transformation

Crypto firms go out of business as cryptocurrency collapse continues

Company officials blame the failure on the low liquidity of the crypto market caused by last November's collapse of FTX, and other abnormal developments in the industry in recent months

Signature Bank pulls back from crypto transactions below $100,000: Binance

The shift comes after the Federal Deposit Insurance Corporation warned of crypto-asset risks

US Crypto lending firm Genesis files for Chapter 11 bankruptcy protection

Genesis' restructuring plan includes creating a trust that will distribute assets to creditors

Crypto wrap: Market continues to recover as total cap nears $1 trillion

There was a blip in the market on Thursday after the US agencies arrested the founder of Hong Kong-based crypto exchange Bitzlato, but it recovered on Friday

No issue with crypto in India if laws are followed: MoS IT Chandrasekhar

RBI Governor Shaktikanta Das also said in February that cryptocurrencies lacked the underlying value of even a tulip

Crypto collapse brings focus to digital assets' true value: Raghuram Rajan

'The idea that somehow cryptos are going to maintain value, while the fiat currencies collapse. That's nonsense'

FTX assets: Lawyers located billions in cash and crypto located

In just three years, FTX, founded by Sam Bankman-Fried, had swiftly put money into a hodgepodge of assets

Japan pushes global counterparts to regulate cryptocurrencies like banks

The country has been making its voice heard through the Financial Stability Board

Crypto industry wants 0.1% TDS, Sebi-like regulator in Budget 2023

Some industry experts also suggested that gains in the crypto industry should be allowed to be offset against losses

Cryptoverse: Bitcoin on the charge in 2023, clocks a 26% gain in January

Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clocked a 26% gain in January

91 tech companies lay off over 24,000 employees in first 15 days of January

The number of layoffs reached its nadir in November, which saw 51,489 tech workers lose their jobs

Cryptos are nothing but gambling, their value only make-believe: RBI Guv

On the CBDC being piloted now, he said central banks issued digital currencies are the future of money and its adoption can help save on logistic and printing costs

Crypto wrap: Market recovers after weeks due to softening of inflation

The US inflation cooled down to 6.5% in December as compared to a year ago

15 mn Bitcoin stagnant in past 6 months amid cryptocurrency winter

In a significant concern for many in the cryptocurrency community amid the deepening crypto winter, the total amount of inactive Bitcoin (BTC) for at least six months has grown to over 15 million

WazirX's reserves at $284.4 million, highest in the form of Shiba Inu

Indian crypto exchange's reserve-to-liability ratio stands at 1:1

CoinSwitch says it has a surplus of users' crypto assets worth Rs 1,083 cr

Exchange says it has enough reserves to meet withdrawals made by its users even in "turbulent" times