Cryptocurrency

Cryptocurrency tax firm CoinTracker announces foray into Indian market

Cryptocurrency portfolio tracking and tax compliance platform CoinTracker on Wednesday announced its foray into the Indian market. The company's move also comes against the backdrop of the government mandating a 30 per cent taxation on such transactions with effect from April 1. Starting today, the crypto tax compliance and portfolio tracking products will be available to all crypto users across India, it said, while announcing the launch of its product in the country. CoinTracker said users in India can now deal in crypto assets without worrying about the challenges associated with tracking, reconciliation, accounting and compliance. "It can be challenging for folks to navigate the complexity of buying, holding and transacting with cryptocurrency and nearly impossible to comply with taxes without the right tool. We built CoinTracker to solve this problem seamlessly and are excited to deliver our offering in India. "We plan to rapidly expand our integrations and partnerships with

Andreessen Horowitz bets on crypto with $4.5-bn fund, largest of its kind

The fund, the fourth crypto-dedicated investment vehicle for Andreessen Horowitz, brings its total digital-asset-focused efforts to $7.6 billion

Cryptocurrencies stabilise, bitcoin rallies after stablecoin collapse

Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates.

With market indicators in red, is the end of the bitcoin winter nigh?

Bitcoin is drawing strength from the rest of the crypto market, for example, its relative stature providing some comfort for investors fleeing altcoins

WEF 2022: Crypto firms dominate Davos main street despite price crash

Tether offered passers-by free slices to celebrate Bitcoin Pizza Day in May. 22, when in 2010 Lazlo Hanyecz paid for two pizzas with 10,000 bitcoin, worth about $41 at the time

WEF 2022: Crypto crowd dominate Davos main street despite price crash

The crypto crowd's prominence at Davos, while largely on the sidelines of the main event, comes as cryptocurrencies shed $800 bn in market value earlier this month

'I'm not a billionaire anymore': Another crypto tycoon sees fortunes sink

Buterin created Ethereum in 2014 and is the owner of a digital wallet that as recently as November contained holdings worth about $1.5 billion

ECB Prez Christine Lagarde says crypto 'worth nothing', should be regulated

Lagarde said she's skeptical of crypto's value, contrasting it with the ECB's digital euro -- a project that may come to fruition in the next four years

Crypto-loving S Koreans bet on Luna rising from ashes, worrying regulator

Reckoning they have little to lose with prices so ridiculously low, South Korean speculators in recent days have piled into Luna, a cryptocurrency that lost 99.99% of its value last week

Crypto price collapse offers hope for slowing climate change: Here's how

Prices for the largest cryptocurrencies, bitcoin and ethereum, have both dropped by over 55% in six months, leading some to suggest that regulation is needed to contain the turmoil.

NFTs, Metaverse prices follow crash of cryptos; innovations finding favour

But market is filtering out non-worthy assets

Bitcoin edges past $30,000-mark as traders assess stablecoin fallout

The world's largest cryptocurrency rose 2% to about $30,500 as of 9:08 a.m. in London. Other coins from Ether to Avalanche also posted modest gains.

Blockchain gaming industry concerned over TerraUSD, Luna crash

Game companies with products featuring virtual coins and other blockchain functionalities remain on heightened alert over adverse effects from the recent collapse of the TerraUSD and Luna

Bitcoin back below $30,000; European regulators warn about crypto risks

Bank of France Governor Francois Villeroy says crypto assets could disrupt the international financial system.

Cryptos can 'seriously undermine' monetary system: RBI tells House panel

The digital assets can lead to 'dollarisation' of economy, say top officials of the central bank.

Bears tighten grip on cryptocurrency market after spell of volatility

Prices crashed, exchanges facing liquidity issues

Crypto prices slip after Bitcoin's most volatile week in two years

Analysts say Bitcoin's $30,000 threshold will become 'a major resistance' if prices continue to consolidate below that mark over the next few days

Equities, cryptos, metals: Most asset classes gave negative return in 2022

These negative returns have largely been triggered by panic selling by new investors who exited in droves in the backdrop of rising interest rates, inflation worries and the geopolitical tensions

Crypto collapse intensifies as stablecoin Tether slides below dollar peg

The sell-off has taken the combined market value of all cryptocurrencies to $1.2 trillion, less than half of where it was last November, based on data from CoinMarketCap

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

HONG KONG / LONDON (Reuters) -The meltdown in TerraUSD, one of the world's largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows.