Page 29 - Latest Updates on Bitcoin
Bitcoin selloff accelerates with more than 10% fall at $7,289 on Bitstamp
Other cryptocurrencies also suffered double-digit declines in their prices on Monday, according to industry tracker Coinmarketcap.com
 "Bitcoin selloff accelerates with more than 10% fall at $7,289 on Bitstamp")
Bitcoin at fresh 2.5-month low as UK bank bans purchase via credit card
The price of Bitcoin on the Luxembourg-based Bitstamp exchange has now fallen by more than half from a peak of almost $20,000 hit in December
 "Bitcoin at fresh 2.5-month low as UK bank bans purchase via credit card")
How Bitcoin's popularity draws hackers into red-hot cryptocurrency space
Digital currencies have quickly grown into a more mainstream asset class
 "How Bitcoin's popularity draws hackers into red-hot cryptocurrency space")
Corporate Affairs Ministry asks ICAI to submit report on bitcoin auditing
At present, there is no available data on the quantum of Bitcoin transactions by Indian companies, something which the ICAI study will delve into
 "Corporate Affairs Ministry asks ICAI to submit report on bitcoin auditing")
Bitcoin for payments: Why critics' view is wrong and will become more so
In the last 3 months of 2017, almost $150 bn was processed in transactions - nearly 10 times more than a year earlier and seven times higher than what Western Union moves among consumers in a quarter
 "Bitcoin for payments: Why critics' view is wrong and will become more so")
Bitcoin can't save Putin, Kim Jong-un or Maduro from the sanctions squeeze
All the world's digital tokens are worth only about $700 billion
Bitcoin, housing bubble and Trump: Fact & fiction behind doomsaying in 2018
The most genuinely worrying thing that might happen in 2018 is armed conflict on the Korean Peninsula
 "Bitcoin, housing bubble and Trump: Fact & fiction behind doomsaying in 2018")
Bitcoin prices can drop by half and China's miners will still make money
Even at the country's highest regulated electricity tariff, miners can profit from bitcoin as long as it's worth more than $6,925
 "Bitcoin prices can drop by half and China's miners will still make money")
Why you would be crazy to actually spend bitcoin
Speculative fervor makes the cryptocurrency clumsy for commerce
After 9 years and a $250 bn market cap, Bitcoin still awaits legal status
Bitcoin has had global central banks so worried that several are now mulling regulating the currency, legalising it, or evolving their own crypto currencies
 "After 9 years and a $250 bn market cap, Bitcoin still awaits legal status")
Bitcoin, Ethereum, other cryptocurrencies not legal tender in India: FM
Arun Jaitley emphasised that the Centre's consistent position was that such currencies were not legal tender
 "Bitcoin, Ethereum, other cryptocurrencies not legal tender in India: FM")
Bitcoin holds overnight gains after last week's rout
Digital currency was last up almost 10% at $15,300.00 on the Luxembourg-based Bitstamp exchange
From dentistry to sex trade, Bitcoin bug bites Indian entrepreneurs
Thanks to the business potential that the cryptocurrency has opened up directly or indirectly, many Indians across the spectrum are rushing to set up companies and cash in on the Bitcoin mania
 "From dentistry to sex trade, Bitcoin bug bites Indian entrepreneurs")
Bitcoin plunges below $12,000
The biggest and best-known cryptocurrency had seen a staggering twentyfold increase since the start of the year
 "Bitcoin plunges below $12,000")
Bitcoin plunges below $13,000, heads for worst week since 2013
Bitcoin loses a third of value in just five days as bitcoin moves known to be big and volatile
Goldman Sachs to set up cryptocurrency trading desk by June-end: Report
The Wall Street bank aims to get the business running by the end of June
 "Goldman Sachs to set up cryptocurrency trading desk by June-end: Report")
Bitcoin falls suddenly puts it in bear market territory
Stock strategists - and financial journalists - typically use a 20 per cent tumble from a high as the trigger for calling a bear market
Bitcoin: A threat to economic sovereignty
Acceptance of any kind of international currency may shift the control over the economy from the government to anonymous players
 "Bitcoin: A threat to economic sovereignty")
The bitcoin battle
Effective regulation will follow recognition
No systemic risk yet from bitcoin, says Sebi chief
Ajay Tyagi said there should not be any regulatory oversights on blockchain technology saying this is a useful technology that should be encouraged
 "No systemic risk yet from bitcoin, says Sebi chief")
