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A range of factors have been cited for Bitcoin's ascent, showing how hard it is to pinpoint the proximate cause for the latest bout of volatility
Here's a selection of Business Standard opinion pieces for the day
India needs a regulatory framework for cryptocurrencies
The network to promote cryptocurrencies will likely become larger, say analysts
S&P BSE MidCap index touched record high in the intra-day trade of 18,435. On the sectoral front, Nifty IT index closed at record high
Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday
The currency gained as much as 7.8 per cent to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore
The price of the world's most popular cryptocurrency traded as high as $33,099 on Saturday, with almost all other markets closed over the first weekend in 2021
The latest gains top an eye-popping rally for the controversial digital asset in 2020
The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike
It has advanced almost 50 per cent in December, on track for its biggest monthly gain since May 2019.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game
Invest for the long term via SIP, and limit allocation to 5-10% of the portfolio
It has surged by nearly half since breaking $20,000 for the first time on Dec. 16
In light of the recent US action against Ripple, cryptocurrency exchange Coinbase on Tuesday said it will suspend trading in XRP cryptocurrency from January 19
The currency's rise points to a growing acceptance of crypto as an asset class of its own, according to experts
The year was a challenge like few others for the $21.3 trillion mutual fund and $4.4 trillion ETF industry
Russian cryptocurrency exchange Livecoin has announced it was hacked and lost control of some of its servers, as cybercriminals modified exchange rates to 10-15 times their normal values