Papers file by Strive Asset before the SEC have proposed a fund to invest in derivatives like swaps and options in order to take exposure into convertible securities by MicroStrategy or other such companies that are planning to purchase Bitcoins.
Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR.
As Bitcoin and many other cryptocurrencies rallied to new all-time highs, demand for Tether’s USDT stablecoin — pegged to the dollar — has skyrocketed.
Bitcoin’s fortunes are volatile and that makes it less of a currency and more of a punt.
Jerome Powell's comments have had an immediate impact on Bitcoin's market capitalisation, triggering a major fall after the Fed chair commented its position on holding the crypto asset.
Fed officials lowered their benchmark interest rate for a third consecutive time on Wednesday, but reined in the number of cuts they expect in 2025
The digital asset rose nearly 5% on Wednesday in the US, the most in two weeks, before paring some of the gain to change hands at $100,665 as of 8:52 a.m. on Thursday in Singapore. Smaller tokens traded in relatively tight ranges.
The fall was in line with the dip in US equities, as the Dow gave up more than half a percent, with S&P 500 and Nasdaq also ending lower. Shares of MicroStrategy, the largest corporate holder of bitcoin, ended nearly 5% lower.
The crypto exchange has so far invested around Rs 50 crores into R&D for the custody solution, expect to launch in the first half of 2025
Bitcoin prices topped $95,000 for the first time in Asia trade, touching a high just above $95,040.
The largest digital asset slid below $87,000 at one point on Friday after Federal Reserve Chair Jerome Powell said there was no need to hurry interest-rate cuts
Donald Trump has pledged to create a friendly regulatory framework for crypto, set up a strategic Bitcoin stockpile and make the US the global hub for the industry
On November 12, a record-breaking rally in the original cryptocurrency led the digital asset past $89,000 mark, taking the overall value of the crypto market above its pandemic-era peak.
Taxation On Cryptocurrency: Given the complexity over certain aspects of crypto taxation, investors would be better off taking a chartered accountant or tax portal’s help in filing their taxes
Crypto short trades looked set for a further hammering on Monday as most cryptocurrency-related stocks jumped in US premarket trading
Donald Trump embraced digital assets during his campaign, promising to make the United States the 'crypto capital of the planet' and to accumulate a national stockpile of bitcoin
The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday.
Bitcoin price rises: Investors expect sustained momentum in crypto prices as market participants react to the US election results. However, experts warn that Indian investors need to be cautious and a way to lower risk may be to look at investing in US-listed bitcoin ETFs.
The crypto firm added that elevated interest rates, inflationary pressures, and tightening liquidity have created a more "cautious macroeconomic environment.
Balaji Srihari, Business Head, CoinSwitch said, “Given what has happened in the Indian crypto industry recently, we need to be more transparent and accountable to our users.”
Public miners including MARA Holdings, Riot Platforms and CleanSpark are keeping the Bitcoin they produce with the expectation that the digital asset will rise in value
Bitcoin has shown little movement in recent months. After a strong start to the year, it has remained stagnant. Since July, the cryptocurrency fluctuated between $56,000 and $63,000.
The new feature on CoinSwitch is targeted at select users allowing them to maximize their trading potential with leverage up to 25x.
The WazirX case serves as an important lesson for investors who engage with cryptocurrency platforms. Amid the lack of regulations, it is recommended that investors must conduct due diligence on cryptocurrency platforms' track record, security protocol and legal status before making any kind of investment, experts warn.
The two companies have been locked in a dispute since April, when Riot made an unsolicited $950 million offer to acquire the Canada-based company