There are over 1,000 cryptocurrencies, bitcoin being the biggest by market capitalization, and many have seen huge rises in value over the past few years. Bitcoin for example is up over 470 percent year-to-date.
The idea brew after he returned from a nine-month long trip through Asia and Australia
Typically for bitcoin, which at less than nine years old is still highly volatile and illiquid compared with traditional currencies and assets, the precise reason for its recent tear was unclear.
After dipping below USD 3,000 in mid-September, bitcoin has leapt in value by more than 75 percent in four weeks.
Russian financial authorities initially treated any sort of money issued by non-state approved institutions as illegal, saying they could be used to launder money.
The Delhi based businessman filed a complaint alleging that he had been robbed of Rs 36 lakh by a gang, whose members claimed to be Bitcoin dealers
In mid-September the central bank, the People's Bank of China, told virtual currency trading platforms based in Beijing and Shanghai to cease market operations
Earlier, CEO of JP Morgan Jamie Dimon had also criticised the cryptocurrency and had termed it as a 'fraud'
If RBI removes elements which make cryptocurrencies secure and hopes to achieve the same result, it may be in for a rude awakening.
Earlier, Sudarshan Sen, Executive Director, RBI had spoken about the reserve bank's discomfort with Bitcoin.
According to a policy document seen by Chinese news outlet Caixin, all cryptocurrency exchanges are to submit detailed plans to exit the market by 6:00 pm Beijing time on September 20.
Shanghai-based bitcoin exchange BTCC today announced that it stop all trading effective from September 30
At time of reporting, bitcoin was trading at USD 3,835 levels, as per the Coindesk price index.
Dimon also said he'd "fire in a second" any JPMorgan trader who was trading bitcoin, noting two reasons: "It's against our rules and they are stupid."
In his latest memo, Oaktree's fund manager shares that he sat down with his colleagues and various other experts to better understand the topic of cryptocurrency and humbly admits that he has been looking at bitcoin the 'wrong way'.
"The partnership between Blockchain and Unocoin gives users greater purchasing power directly within their Blockchain wallets without compromising user security or control," the press release said.
At the end of August, Bitcoin was priced at USD 4600, after rallying over 60 percent in a month. It has increased over 700 percent over the year
Lankesh, 55, was an outspoken critic of right-wing extremism.
As reported by Chinese news outlet Caixin, the central bank's document labels ICOs as an unauthorized fundraising tool that may involve financial scams and pyramid schemes, and which “severely disrupt the social and economic order.”
Here’s a look at some of the most popular cryptocurrencies and how they have fared over the month.
Price of bitcoin topped at levels above USD 4,483 before seeing a pullback to clsoe to USD 4,000, as per Coindesk price index.
The cryptocurrency bitcoin is booming and how! The value of one bitcoin has surged past USD 4,000 for the first time gaining more than 20 percent in one week. CNBC-TV18's Manisha Gupta gave us these details.
Since the start of 2017, bitcoin's price against the US dollar has appreciated over 280 percent, while the total cryptocurrency market cap has rallied over 670 percent.
The website will offer multiple cryptocurrencies to buy, sell and trade. Equipped with advance security features and offering dummy trading to create wide awareness.
Users can test the platform’s MVP starting today. Then, on Sep 15, 2017, the full-featured product will launch.