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
China accounts for a over half of global bitcoin production
Exchange said they are yet to receive ED notice
"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.
Busts 170 groups for money laundering
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
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
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.
US-based Kraken, Hong Kong's Bitfinex and rival KuCoin are actively scouting the market, says report.
The US recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month
The largest token tumbled almost 6% at one point in Asian trading Tuesday
Other investments require even greater leaps of faith. You can do a lot worse than Bitcoin.
For the year so far, bitcoin still showed net inflows of $4.2 billion
Digital cash with in-built, self-executing software code will alter the future of money in a way that cryptocurrencies never could
Bitcoin is currently on a tumultuous ride thanks to Tesla CEO Elon Musk.
Here are the best of Business Standard's opinion pieces for Saturday
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
Musk has been a major promoter of cryptocurrencies but has turned critical of bitcoin.
Start with small investments, but exclude from portfolios aimed at key financial goals
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