Cryptocurrencies are digital tokens — not coin or cash — but digital money which allow people to make payments directly to each other through an online system set-up to allow peer-to-peer transactions without needing a bank. Cryptocurrency payments exist purely as digital entries into an online database that describes specific transactions. Cryptocurrency is stored in a digital wallet. Cryptos came into existence after the 2008 financial market crisis when a need was felt to democratise how currencies are held, exchanged and regulated. That year a person under the anonymous name Satoshi Nakamoto invented Bitcoin. Cryptos today also include Ethereum, Tether, Cardano, and Dogecoin, among others. Cryptos are more democratic in nature – you can use them in any part of the world, but as much as you want and use them anywhere. There is a network of people and their computers which maintains a ledger and any transaction must be validated by all those present in that network. The ledger then gets updated to reflect the transaction. This technology is called blockchain. Cryptos also express values in units similar to traditional currency and some people also consider Bitcoin comparable to gold as they are finite in number and supply and need to be mined. Mining is the process by which new cryptos enter circulation and is also a critical component of the maintenance and development of the blockchain ledger. More
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 RBI has been warning for years, flagging the role of cryptocurrency in laundering, terror finance and tax evasion
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
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
The venture has signed a deal with Pakistan’s new crypto council at a time when Pakistan’s military is desperate for money. This mix of politics, private profit and global finance could have serious consequences.
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.
In a crypto winter, the consequences could be painful for investors
The real story may not be about diplomacy at all. It may be about money, specifically a crypto deal linking Donald Trump’s family, Pakistan’s military, and some of the shadiest figures in the global financial world.
Cryptocurrency news: The sharp fall in the crypto's prices comes as investors may have booked profits at elevated levels
The world's largest crypto-asset by market capitalisation climbed as much as 0.9% to $124,002.49 in early Asia trading, surpassing its previous peak hit in July
Biotechs, miners and hoteliers are snapping up crypto to boost their share prices, but experts warn of a crisis if markets crash
Crypto may feel new, but smart diversification strategies from equity markets apply here too — and may matter even more
Crypto is subject to a flat 30% rate—here is how to report your gains and pay the right return for FY 2024-25.
The exchange has promised up to 25% of recovered funds to 'individuals or teams who can help trace and retrieve the stolen crypto' and, assist in the 'identification and conviction of those involved'
For more than a decade, cryptocurrencies have created a parallel decentralised payments architecture as opposed to the centralised global financial system dominated by select intermediaries. Trump’s championing of stablecoins along with Mastercard’s embrace of blockchain can lead to the convergence of disparate worlds
The passage of this bill will come at a time when President Donald Trump has made it a mission to make the U.S. the “crypto capital of the world.”
For Moneycontrol's Pro Panorama July 16 edition: With stocks and gold losing their charm, India’s wealthy are jumping into cryptocurrencies, driven by Bitcoin’s record rally and big moves in US regulations
As global markets wobble under tariff tremors, Bitcoin and the broader crypto market are charting a course buoyed by record ETF inflows, rising institutional interest, and landmark US legislation.
If crypto is eventually allowed to count toward mortgage eligibility without being liquidated, borrowers could retain their tokens instead of converting them to meet reserve requirements
Some financial institutions have said they are seeing more client demand for crypto products as the price of bitcoin hits record highs
Bitcoin today hit a fresh lifetime high, crossing the $121,000-mark for the first time ever.