Experts believe we are not too far from those days
The world's biggest digital currency, with a market capitalization of over $900 billion, hit a record of $52,577.50, fueled by signs it is winning acceptance among mainstream investors and firms
Bitcoin's limited supply - based on "miners" producing a set number of new coins - has led to holders charging a premium on bitcoin coming to market
Activity in Bitcoin futures suggests traders don't see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures
Cairn Energy has filed a case in a US district court to enforce a $1.2 billion arbitration award it won in a tax dispute against India, a court document showed. Read top news with Business Standard
The need then is to regulate, not ban, experts say
The recent trigger being Tesla, Inc.'s announcement of having bought $1.5 billion in bitcoin.
The world's largest cryptocurrency jumped as much as 4.9 per cent to $50,548 and is now up about 70 per cent, so far this year
Bitcoin has been on a tear in recent times
On a rolling 60-day basis, the swings in Bitcoin are generally smaller now than when Bitcoin was peaking in 2017.
Bitcoin fell as much as 5.6% to $45,914 and rival cryptocurrency ethereum dropped more than 8% to $1,655
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
Bitcoin reached a new record on Sunday, rising above $49,000 for the first time. Read Business Standard's top stories here
Musk's electric vehicle company Tesla Inc revealed on Feb. 8 it had bought $1.5 billion of the cryptocurrency bitcoin and would soon accept it as a form of payment for cars
Bitcoin has been buoyed in recent months by endorsements from the likes of Paul Tudor Jones and Stan Druckenmille
Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the world's biggest cryptocurrency.
Elon Musk's $1.5 billion investment in bitcoin last week is testimony to the potential of the digital asset.
Railtel's Rs 820-crore IPO opens on Tuesday. The offering is entirely an offer for sale by the government.
The Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments Inc. said in a statement
Bitcoin reached $49,000 before erasing gains