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March 06, 2021 08:21 PM IST A High-Level Inter-Ministerial Committee (IMC) was constituted under the chairmanship of economic affairs secretary on digital currencies and it has submitted its report.
March 05, 2021 10:53 PM IST Subsequent to the merger announcement, shares of Good Works surged by 15.9 percent to reach $11.59 after markets opened for trading.
March 05, 2021 05:48 PM IST Trading volumes jumped to $2.7 trillion in February, with volumes at major exchanges jumping over 35 percent to $2.4 trillion, researcher CryptoCompare said.
March 05, 2021 02:00 PM IST The 2008 financial crisis shook that central pillar of the monetary system: trust. Post-2008, economists started to scramble for it, and it was not a coincidence that Satoshi Nakamoto’s Bitcoin article mentions the ‘trust’ 14 times
March 01, 2021 03:15 PM IST Bitcoin was trading 3.9 percent higher at $46,980 on Monday, up nearly 63 percent so far this year.
March 01, 2021 02:39 PM IST In the initial years, the notes and coins were backed by the commodities such as gold, silver etc. This meant that volume and value of currency circulated were based on the value of gold/silver reserves held by the authorities which were mainly central banks
February 25, 2021 09:38 PM IST The digital currency exchange is seeking a direct listing, which would allow company insiders and early investors to convert their stakes in Coinbase into publicly traded stock.
February 25, 2021 12:14 PM IST Charlie Munger, the 97-year-old American billionaire investor, said he doesn’t believe bitcoin will end up as the medium of exchange for the world.
February 24, 2021 06:30 PM IST The RBI has indicated that it is working on a digital currency, but the central bank hasn’t committed on a launch date yet.
February 24, 2021 02:39 PM IST The Indian subcontinent had multiple kingdoms issuing multiple forms of coinage. When the British came to India, they realised that Rupee as a currency name was widely prevalent and stuck to it
February 22, 2021 08:20 PM IST Rival cryptocurrency ethereum, which tends to move in tandem with bitcoin, also tumbled after hitting a record high on Saturday. It was last down 8.7% at $1,765.
February 22, 2021 04:15 PM IST The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday.
February 19, 2021 10:26 PM IST Bitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla and Mastercard to BNY Mellon.
February 19, 2021 09:01 PM IST While talks of a bitcoin ban have been swirling around, experts stressed that regulation is far more important and welcome, and everyone would lose from a bitcoin ban.
February 17, 2021 10:35 PM IST Despite the flurry of mainstream acceptance this year, some analysts warned that bitcoin was still far from becoming a widely used form of payment.
February 17, 2021 02:06 PM IST Last month, Musk surpassed Bezos after his net worth climbed to $188.5 billion following a rise in the shares of the electric carmaker
February 16, 2021 03:45 PM IST Bitcoin hit a new high of $50,000, and was last up 3.9 percent at $49,891. It has risen around 72 percent so far this year.
February 15, 2021 11:30 AM IST Bitcoin isn’t so much a bubble as “the last functioning fire alarm” warning us of some very big geopolitical changes ahead
February 13, 2021 09:39 AM IST Inflation undercurrents remain globally, but in India, the premium is on growth
February 11, 2021 08:30 PM IST The new unit at BNY Mellon, called the Digital Assets unit, is expected to roll out the offerings later this year, the bank said.
February 10, 2021 04:58 PM IST 'The attacks orchestrated by this criminal gang targeted thousands of victims throughout 2020, including famous internet influencers, sport stars, musicians and their families,' the agency said in a statement.
February 10, 2021 01:56 PM IST They believe it makes sense to regulate rather than proscribe one of the fastest growing sectors in fintech globally; to consider a draconian piece of legislation will deprive investors and entrepreneurs of participating in a great wealth creation opportunity
February 09, 2021 04:54 PM IST Replying to a question in the Upper House, Anurag Thakur said regulatory bodies like RBI and SEBI do not have any legal framework to directly regulate crypto currencies as they are not currencies, assets, securities or commodities issued by identifiable users.
February 08, 2021 07:34 PM IST The cryptocurrency is up around 50 percent since the start of the year.
February 01, 2021 02:24 PM IST The comments come after the Tesla Inc CEO’s use of a “#bitcoin” tag on his Twitter profile page led to a 14 percent jump in the cryptocurrency on Friday.
