There are 75 lakh people in India who invest in cryptocurrencies. There are 350 startups operate in blockchain and crypto. Indians hold billions of dollars in bitcoins in their portfolio. Rs 10K-15K crore worth crypto is held by Indians today. Watch Sumit Gupta, Co-Founder & CEO, CoinDCX and Nischal Shetty, Founder & CEO, WazirX decode the scale & scope of Crypto in India
Bitcoin is now the talk of every global financial market as the digital currency is seeing a huge trading frenzy. With Tesla acquiring $1.5 billion of the cryptocurrency and planning to use the digital currency as their payment method, is the demand here to stay? How can you buy bitcoin and is it even legal in India? What are the risks associated? Have your questions answered in this special chat with Blockchain Lawyer Varun, Unocoin CEO Sathvik Vishwanath, and WaxirX founder Nischal Shetty.
After breaking its all-time record earlier this month by going over the $20,000 mark, Bitcoin is now trading over $27,000.
Other popular but smaller cryptocurrency Ethereum was also up by 2 percent but Ripple was quoting down over 13 percent.
The price of bitcoin rose above $20,000 for the first time on December 16 as the speculative digital currency topped its previous peak. Moneycontrol's Sakshi Batra does a 3-Point Analysis to find out whether the rally will sustain or is it just a bubble.
The cryptocurrency has soared over 70 percent this year and has become one of the strongest performing assets.
Both Bitcoin and Libra took shape to challenge governments, but Saga wants to work with them
Bitcoin fell to over 3 month low on September 25. Analysts blame new Bakkt Bitcoin futures contracts.
While promising Libra will adhere to relevant laws and regulations, Facebook aimed to sell lawmakers on the product's merits as well.
Bitcoin's volatile journey continues, with the cryptocurrency falling below $10,000, after recently making a high of about $13,400.
In the last few months, Koinex delisted a number of currencies and asked its users to withdraw their coins accordingly.
Some of the crypto bulls expect bitcoin to reach $40,000 or even $50,000 within the next one year.
The cryptocurrency has the potential to reach $40,000, Bitcoin bull Tom Lee earlier said.
The complete Libra white paper is now available on its official website.
Libra will not be available in that countries where cryptocurrencies are banned
Initial Exchange Offerings (IEO) is the latest trend in cryptocurrency business.
Bitcoin fell to as low as $6,178 at Bitstamp exchange
Bitcoin now accounts for around 60% of the $240 billion crypto market, down from nearly 90% just over two years ago. That fading dominance reflects tough times for the original cryptocurrency since its late 2017 apex.
The original and biggest virtual coin climbed as much as 4.5 percent in early trading to top $5,600 briefly, touching its highest since November 18.
As of 0250 GMT, the original cryptocurrency was down to $4,848, after breaching the landmark for the first time since October 12, 2017.
The report also highlighted how terrorist groups also have had limited success when it comes to raising funds using technology.
The patent outlines a plan to develop a network of computers capable of generating accounts for storing cryptocurrencies or cryptocurrency-related exchange-traded products
The projects would be selected from a total of 72 blockchain related ideas submitted by different institutions.
As per the SEC, cryptocurrency exchanges could be allowed to operate as trading platforms in the Philippines given the growing global interest in virtual currencies.
Rosfinmonitoring, the Russian government agency also responsible for monitoring financial crimes, will enlarge its system to monitor transactions made with cryptocurrencies