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Bitcoin (₿) is a digital currency that is not regulated by any central bank or single administrator. The cryptocurrency that can be sent by one user to another without the need for intermediaries hit an all-time high of nearly $20,000 in late 2017. More
Mar 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.
Mar 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.
Mar 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
Mar 04, 2021 09:26 AM IST Bitcoin, the world's biggest and best-known cryptocurrency, has risen 83.7 percent from the year's low of $27,734 on January 4.
Mar 02, 2021 03:48 PM IST China’s central bank, which started testing eCNY last year in four cities, recently expanded those trials to bigger cities such as Beijing and Shanghai
Mar 02, 2021 10:46 AM IST Due to bitcoin’s potential to satisfy the three functions of money, users expect them to replace paper currency in the long run. But central banks and monetary authorities have enough reasons to worry about the increasing adoption of cryptocurrency around the world.
Mar 02, 2021 07:55 AM IST The desk is part of Goldman’s activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies, the person said.
Mar 02, 2021 07:50 AM IST With the recent embrace of the likes of Tesla Inc and Mastercard Inc, bitcoin could be at the start of a “massive transformation” into the mainstream, the investment bank said.
Mar 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.
Feb 26, 2021 02:06 PM IST Bitcoin, the world's biggest and best-known cryptocurrency, has risen as much as 70% from the start of the year, hitting a record high of $58,354.14.
Feb 26, 2021 11:07 AM IST Bitcoin is the world’s first decentralised cryptocurrency. Since its launch in 2009, Bitcoin’s prices have both hit the roof and rock bottom multiple times. In this segment, our very own Anand Narasimhan explains the concept of digital currency and concerns surrounding Bitcoin. Watch the video for more.
Feb 26, 2021 09:47 AM IST Cryptocurrencies are a more liquid store of wealth than art, real estate, or precious stones.
Feb 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.
Feb 24, 2021 06:51 PM IST If you anticipate an economic strong recovery with laggard sectors like power, infra, real estate to catch up: then the economic recovery is more pronounced in PSU Banking stocks as a lead indicator, says Shakdher.
Feb 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.
Feb 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
Feb 24, 2021 12:32 PM IST In an interview with CNBC, Jhunjhunwala on Tuesday said that he would never invest in cryptocurrency and opined that it should be banned.
Feb 23, 2021 12:48 PM IST The maverick CEO was responding to economist and cryptocurrency skeptic, Peter Schiff, who said that gold was better than both bitcoin and conventional cash.
Feb 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.
Feb 22, 2021 06:58 PM IST Bonds have been bruised by the prospect of a stronger economic recovery and greater borrowing as President Joe Biden's $1.9 trillion stimulus package progresses.
Feb 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.
Feb 22, 2021 07:48 AM IST The world's most popular cryptocurrency rose to a record $58,354, taking its weekly gain to around 20%. It has surged around 100% this year.
Feb 20, 2021 08:30 PM IST Following Elon Musk's previous tweet, Bitcoin witnessed another surge, as the prices peaked to $56,581.57 in Singapore, in the early hours of February 20. Ethereum rate reached a high of $2,041, according to Bitstamp.
Feb 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.
Feb 19, 2021 09:42 PM IST Chandra R Srikanth, the Tech, Startup and New Economy editor in conversation with Balaji S Srinivasan, Investor and Entrepreneur; R Gandhi; former Deputy Governor, RBI; Rashmi Deshpande, Partner, Khaitan & Co; Sumit Gupta, Co-Founder & CEO, CoinDCX; and Nischal Shetty, Founder & CEO, WazirX.
