The original cryptocurrency fell as much as 3.7% to $102,870 on Tuesday in New York, the lowest level since June 23. That’s down almost 20% from a record high reached a month ago.
WazirX has restarted its exchange less than a week ago after a major cyberattack in 2024, with trading volumes having crossed $22 million so far.
Industry and legal experts expect fresh petitions to be filed against the crypto exchange at other high courts taking a cue from this interim ruling.
"We want a significant number of our next billion users to come from India," Seker told Moneycontrol.
Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.
As a part of a 'Restart Offer', users will be charged no trading fee across all trading pairs
Two years ago, the sector benefitted at the initial start of the AI boom, only to see their share prices tumble the following year as mining profitability declined and competition increased.
India is going to be a large market for crypto assets in the coming years, and the exchanges in the country and globally are building for that, CoinDCX co-founder Gupta told Moneycontrol.
Coinbase believes that India and the Middle East are two markets that are poised to play a pivotal role in the future of global crypto adoption.
'As soon as the scheme is legally effective based on today’s verdict, we will start platform operations within 10 business days,' said founder Nischal Shetty
Bitcoin’s advance coincided with a US government shutdown that began on Oct. 1 and has helped fuel demand for perceived safe-haven assets.
The largest digital-asset climbed to $125,689 over the weekend and remained in touching distance of its all-time high on Monday morning in Singapore at about $123,700, according to data compiled by Bloomberg.
India’s stance on crypto regulations is getting much better, as the regulators are a lot more open to conversations, Michelle Daura, Head of Regulated Expansion Regions, Bybit told Moneycontrol.
Binance will begin early access from September 30, offering private demos to a select group of licensed banks, brokerages, and exchanges that meet scale requirements.
Ether, the world’s second-largest cryptocurrency, led the rout with its steepest weekly decline since June
President says sector should learn from traditional finance and allow refunds in cases of fraud or disputes
The El Salvador-based company is seeking between $15 billion and $20 billion in exchange for a roughly 3% stake through a private placement
We tax it, advertise it, and let exchanges run, but still pretend crypto isn’t 'official.’ Half-regulation is like giving teenagers sharp knives and hoping they don’t cut themselves
A Putin aide has alleged that the US is planning to shift government debt to USD-backed cryptocurrencies. The possibility does not seem very far-fetched
This comes three months after, Chief technology officer (CTO) Vivek Gupta and legal head Tushar Tarun had quit even as the exchange looks to expand globally.
Tax saving benefits, influencer-driven traction, and flexibility to take long and short positions on a large variety of tokens led to the growing popularity of crypto perpetual futures.
The haul from crypto firm World Liberty Financial and separate mining operation American Bitcoin Corp. shows how still-nascent projects are already translating into tangible wealth for the first family
Early investors, who don’t include founders like Donald Trump Jr. and Eric Trump, can sell no more than 20% of their holdings as part of Monday’s launch; the rest will remain non-tradable.
Following the merger, Hut 8 along with Eric and Donald Trump Jr will collectively own about 98% of the newly formed entity.