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Bitcoin hits two-week high after Musk says Tesla could use it again

Bitcoin hit a two-week peak just shy of $40,000 on Monday, after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence

Bitcoin hits two-week high after Musk says Tesla could use it again
Updated On : 14 Jun 2021 | 12:24 PM IST

China's cryptocurrency-mining crackdown spreads to Yunnan in southwest

China accounts for a over half of global bitcoin production

China's cryptocurrency-mining crackdown spreads to Yunnan in southwest
Updated On : 12 Jun 2021 | 4:12 PM IST
Updated On : 12 Jun 2021 | 2:15 AM IST

'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX

"WazirX is yet to receive any show-cause notice from the Enforcement Directorate as mentioned in today's media reports. WazirX is in compliance with all applicable laws," the company said.

'Yet to receive any ED notice, your funds are absolutely safe,' says WazirX
Updated On : 11 Jun 2021 | 4:25 PM IST
Updated On : 10 Jun 2021 | 10:48 PM IST

Bitcoin price climbs as Basel panel proposes banking capital rules

The announcement from the Basel Committee on Banking Supervision is another sign that the world of traditional finance is responding to the rise of crypto assets

Bitcoin price climbs as Basel panel proposes banking capital rules
Updated On : 10 Jun 2021 | 5:49 PM IST

Global regulator puts Bitcoin in highest risk category in bank capital plan

Basel Committee on Banking Supervision says the banking industry faces increased risks from cryptoassets because of the potential for money laundering, wild swings in prices

Global regulator puts Bitcoin in highest risk category in bank capital plan
Updated On : 10 Jun 2021 | 5:33 PM IST

Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin

Traders are waiting for the next catalyst to break Bitcoin from a $30,000 to $40,000 range that's been in place since a collapse from a record of almost $65,000 in April.

Crypto outlook: JPMorgan sees signal of coming bear market in Bitcoin
Updated On : 10 Jun 2021 | 3:08 PM IST

Global crypto exchanges scout entry into India despite potential ban

US-based Kraken, Hong Kong's Bitfinex and rival KuCoin are actively scouting the market, says report.

Global crypto exchanges scout entry into India despite potential ban
Updated On : 09 Jun 2021 | 10:41 AM IST

Bitcoin falls below $32K after Colonial Pipeline's ransom recovery

The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month

Bitcoin falls below $32K after Colonial Pipeline's ransom recovery
Updated On : 08 Jun 2021 | 11:33 PM IST

Bitcoin's fizzling 2021 returns start to lag mainstream assets: Here's why

The largest token tumbled almost 6% at one point in Asian trading Tuesday

Bitcoin's fizzling 2021 returns start to lag mainstream assets: Here's why
Updated On : 08 Jun 2021 | 2:53 PM IST

Bitcoin believers have nothing to worry about; their crypto is here to stay

Other investments require even greater leaps of faith. You can do a lot worse than Bitcoin.

Bitcoin believers have nothing to worry about; their crypto is here to stay
Updated On : 08 Jun 2021 | 9:47 AM IST

Bitcoin weekly outflows reach $141 mn; hit record high: CoinShares data

For the year so far, bitcoin still showed net inflows of $4.2 billion

Bitcoin weekly outflows reach $141 mn; hit record high: CoinShares data
Updated On : 08 Jun 2021 | 6:17 AM IST

Why Bitcoin's wild ride bodes well for the future of digital cash

Digital cash with in-built, self-executing software code will alter the future of money in a way that cryptocurrencies never could

Why Bitcoin's wild ride bodes well for the future of digital cash
Updated On : 06 Jun 2021 | 6:40 AM IST

Jack Dorsey plans a hardware Bitcoin wallet for customers of Square

Bitcoin is currently on a tumultuous ride thanks to Tesla CEO Elon Musk.

Jack Dorsey plans a hardware Bitcoin wallet for customers of Square
Updated On : 05 Jun 2021 | 2:09 PM IST

Best of BS Opinion: Sub-African India, RBI monetary policy, and more

Here are the best of Business Standard's opinion pieces for Saturday

Best of BS Opinion: Sub-African India, RBI monetary policy, and more
Updated On : 05 Jun 2021 | 6:17 AM IST

Major concerns about crypto currencies conveyed to govt: RBI governor

This comes after RBI's circular earlier this week that clarified banks can no longer cite its circular on crypto for not offering such products to customers

Major concerns about crypto currencies conveyed to govt: RBI governor
Updated On : 05 Jun 2021 | 12:53 AM IST

Bitcoin drops after Elon Musk tweets broken-heart emoji for token

Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin.

Bitcoin drops after Elon Musk tweets broken-heart emoji for token
Updated On : 04 Jun 2021 | 7:46 AM IST

Cloud lifts over cryptocurrencies, but volatility remains: Analysts

Start with small investments, but exclude from portfolios aimed at key financial goals

Cloud lifts over cryptocurrencies, but volatility remains: Analysts
Updated On : 04 Jun 2021 | 6:10 AM IST

HDFC Bank asks customers to ignore communication on crypto transactions

This communication from the bank comes after the RBI on Monday clarified that banks can no longer cite its circular on cryptocurrencies for not offering such products to customers

HDFC Bank asks customers to ignore communication on crypto transactions
Updated On : 03 Jun 2021 | 11:38 PM IST