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Page 52 - Cryptocurrency

Best of BS Opinion: Future shock, a new case for peace with Pakistan & more

Here's a selection of Business Standard opinion pieces for the day

Best of BS Opinion: Future shock, a new case for peace with Pakistan & more
Updated On : 20 Mar 2021 | 6:52 AM IST

Decoded: What is a cryptocurrency and how does a blockchain work?

It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote

Decoded: What is a cryptocurrency and how does a blockchain work?
Updated On : 20 Mar 2021 | 6:10 AM IST

Future shock: New rules needed for the new world, but who will write them?

How should personal data be used and not used? What about the disintermediated media that has teamed up with Big Tech to re-invent politics by spreading post-truth and hate mail, wonders T N Ninan

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Updated On : 19 Mar 2021 | 11:20 PM IST

Why a ban on cryptocurrency could have dire consequences for India

Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep

Why a ban on cryptocurrency could have dire consequences for India
Updated On : 19 Mar 2021 | 10:58 AM IST

Coinbase valuation pegged at $68 billion ahead of landmark US listing

Coinbase, the largest US cryptocurrency exchange, said on Wednesday recent private market transactions had valued the company at around $68 billion this year ahead of a planned stock market listing

Coinbase valuation pegged at $68 billion ahead of landmark US listing
Updated On : 18 Mar 2021 | 10:19 AM IST

Morgan Stanley becomes first major US bank to offer access to bitcoin funds

In an internal memo, the bank told its financial advisers it would launch access to three funds allowing ownership of Bitcoin

Morgan Stanley becomes first major US bank to offer access to bitcoin funds
Updated On : 18 Mar 2021 | 12:55 AM IST

The discourse on the economy has been hijacked by the bond market types

If you take the trouble to collect the whole set of things that have been done - you need go no further than the finance ministry website - you will realise how pathetic the discourse has been

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Updated On : 17 Mar 2021 | 8:19 AM IST

Cryptocurrency inflows hit record high of $4.2 billion, CoinShares says

NEW YORK (Reuters) - Inflows into cryptocurrency funds and products have already hit a record $4.2 billion for the first quarter, reflecting growing institutional investor interest, CoinShares data showed.

Cryptocurrency inflows hit record high of $4.2 billion, CoinShares says
Updated On : 17 Mar 2021 | 2:42 AM IST

Uncertainty around India's crypto policy is making blockchain firms anxious

Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights

Uncertainty around India's crypto policy is making blockchain firms anxious
Updated On : 16 Mar 2021 | 9:45 PM IST

India to propose cryptocurrency ban, penalising miners, traders: Report

Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament

India to propose cryptocurrency ban, penalising miners, traders: Report
Updated On : 15 Mar 2021 | 11:44 PM IST

Bitcoin takes breather around $60,000 after retreat from record $62,000

The world's most popular cryptocurrency slipped as low as $58,956.90 early in the Asian session, falling from Saturday's record high of $61,781.83

Bitcoin takes breather around $60,000 after retreat from record $62,000
Updated On : 15 Mar 2021 | 11:18 AM IST

India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman

Bitcoin, the world's biggest and earlier cryptocurrency, has crossed a record high of $60,000.

India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman
Updated On : 15 Mar 2021 | 1:48 AM IST

At $61k, Bitcoin hits another record, leaves other asset classes trailing

Bitcoin is up about 1,000% in the past year amid signs of increasing institutional interest as well as speculative demand

At $61k, Bitcoin hits another record, leaves other asset classes trailing
Updated On : 14 Mar 2021 | 11:29 PM IST

An unknown Indian-origin crypto investor buys an artwork for $69.3 mn

Various media reports cited that Metakova is a pseudonym of the investor, which means King of Meta in the Tamil language

An unknown Indian-origin crypto investor buys an artwork for $69.3 mn
Updated On : 14 Mar 2021 | 9:08 PM IST

Bitcoin hits record high; trades as high as $59,755 on Saturday

The cryptocurrency has been on a tear in recent months

Bitcoin hits record high; trades as high as $59,755 on Saturday
Updated On : 13 Mar 2021 | 6:00 PM IST

Bitcoin's market valuation crosses $1 trillion again amid risk rally

The world's largest digital asset rose as much as 5.2% before trading around $57,000

Bitcoin's market valuation crosses $1 trillion again amid risk rally
Updated On : 11 Mar 2021 | 9:47 AM IST

Non-Fungible Tokens: The unique crypto codes driving collectors

An NFT is a unique token added to some digital construct and registered on a blockchain with details of ownership

Non-Fungible Tokens: The unique crypto codes driving collectors
Updated On : 11 Mar 2021 | 6:10 AM IST

Govt must develop regulatory mechanism for cryptocurrency ecosystem: IAMAI

Industry body IAMAI on Wednesday appealed to the Indian government to not ban cryptocurrency and develop a robust mechanism to regulate the related ecosystem in the country.

Govt must develop regulatory mechanism for cryptocurrency ecosystem: IAMAI
Updated On : 10 Mar 2021 | 10:37 PM IST

Bitcoin hits highest level in two weeks as institutions turn to crypto

Evercore technical analysis suggests prices could hit $75,000

Bitcoin hits highest level in two weeks as institutions turn to crypto
Updated On : 09 Mar 2021 | 7:09 PM IST

Bitcoin mania triggers fundraising rush by Chinese players

The market has flourished despite complicated official attitudes towards cryptocurrencies in China

Bitcoin mania triggers fundraising rush by Chinese players
Updated On : 09 Mar 2021 | 6:57 PM IST