Bitcoin is on the verge of erasing year's gain as rout deepens
The largest digital-asset is on the verge of wiping out its gains for the year, dropping as much as 4.7% to $94,147. Bitcoin traded at a record high of $126,251 in early October. It ended 2024 at $93,714.
Bitcoin's bear market deepens as ETF investors yank $870 million
Bitcoin: The largest digital-asset sank as much as 2.8% to below $96,000 on Friday before paring losses, leaving it more than 20% below a record high reached in early October.
Chinese 'cryptoqueen' who scammed thousands jailed in UK over Bitcoin stash worth $6.6 billion
Police said Zhimin Qian ran a pyramid scheme that lured more than 128,000 people to invest in her business between 2014 and 2017, including many who invested their life savings and pensions.
Madras HC recognises cryptocurrency as property: What the landmark ruling means for Indian investors
The High Court held categorically that cryptocurrency qualifies as ‘property, intangible property that is capable of being enjoyed and possessed in a beneficial form and held in trust.
A reality check for India's AI crypto rally
The rapid rise in AI-linked tokens reflects investor enthusiasm for the fusion of artificial intelligence and blockchain, but questions remain about long-term value.
Bitcoin falls to lowest since June as risk-off mood hits crypto
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.
Madras HC calling crypto a ‘property’ is good for the ecosystem, says WazirX founder Nischal Shetty
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.
What does Madras HC’s judgement mean for WazirX’s rebalancing scheme and its impact on users
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.
No ambiguity in laws, Binance eyes major growth from India, says APAC Head SB Seker
"We want a significant number of our next billion users to come from India," Seker told Moneycontrol.
Binance founder Zhao pardoned by Trump in latest crypto clemency
Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.
WazirX restarts exchange operations tomorrow, 15 months after a crippling cyberattack
As a part of a 'Restart Offer', users will be charged no trading fee across all trading pairs
Crypto miners riding the AI wave are leaving bitcoin behind
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.
CoinDCX co-founder Sumit Gupta says India needs more crypto players for market maturity, denies conflict of interest with Coinbase post funding
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 invests in CoinDCX at $2.45 billion valuation, doubles down on India, Middle East
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.
Singapore Court approves WazirX’s restructuring plans following $230-mn hack
'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 weekend rally fueled by record bets in Options markets
Bitcoin’s advance coincided with a US government shutdown that began on Oct. 1 and has helped fuel demand for perceived safe-haven assets.
Bitcoin hovers near record after topping $125,000 on Sunday
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.
Crypto exchange Bybit steps up India push with team expansion, user growth drive, crypto card plans
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 pilots Crypto-as-a-Service in India and other markets, will help financial institutions offer crypto trading services
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.
Crypto’s $300 billion wipeout marks harshest selloff in months
Ether, the world’s second-largest cryptocurrency, led the rout with its steepest weekly decline since June
Stablecoin issuer Circle examines ‘reversible’ transactions in departure for crypto
President says sector should learn from traditional finance and allow refunds in cases of fraud or disputes
Crypto giant Tether seeks funding at $500 billion valuation
The El Salvador-based company is seeking between $15 billion and $20 billion in exchange for a roughly 3% stake through a private placement
OPINION | India’s Crypto Dilemma: Why half-regulation is worse than a ban
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
When stablecoins threaten global financial stability
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
How worried should we be about the crypto crush?
