Business Standard

Page 33 - Cryptocurrency

Elon Musk says bitcoin is slightly better than holding conventional cash

He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it 'adventurous enough' for the S&P 500 company to hold the cryptocurrency

Elon Musk says bitcoin is slightly better than holding conventional cash
Updated On : 19 Feb 2021 | 1:36 PM IST

Bitcoin nears $1 trillion market value as crypto jump tops stocks, gold

Bitcoin traded at around $51,300 as of 1:30 pm on Friday in Hong Kong after quintupling in the past year

Bitcoin nears $1 trillion market value as crypto jump tops stocks, gold
Updated On : 19 Feb 2021 | 12:59 PM IST

Bitcoin soars to new high above $52,000; sustainability concerns rise

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 soars to new high above $52,000; sustainability concerns rise
Updated On : 18 Feb 2021 | 3:06 AM IST

Bitcoin scales $51,000 for the first time as crypto fever continues

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

Bitcoin scales $51,000 for the first time as crypto fever continues
Updated On : 18 Feb 2021 | 1:16 AM IST

When we will buy grocery and watch movies with cryptocurrencies

Experts believe we are not too far from those days

When we will buy grocery and watch movies with cryptocurrencies
Updated On : 18 Feb 2021 | 6:10 AM IST

Bitcoin hits highs even as analysts warn on 'mainstream moment'

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

Bitcoin hits highs even as analysts warn on 'mainstream moment'
Updated On : 17 Feb 2021 | 7:42 PM IST

Constitutional challenges to a complete cryptocurrency ban in India

The need then is to regulate, not ban, experts say

Constitutional challenges to a complete cryptocurrency ban in India
Updated On : 17 Feb 2021 | 6:10 AM IST

Bitcoin crosses $50,000 for the first time as record rally continues

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 crosses $50,000 for the first time as record rally continues
Updated On : 17 Feb 2021 | 1:03 AM IST

Bitcoin trade may attract I-T, GST; taxes to be paid in this fiscal year

The recent trigger being Tesla, Inc.'s announcement of having bought $1.5 billion in bitcoin.

Bitcoin trade may attract I-T, GST; taxes to be paid in this fiscal year
Updated On : 17 Feb 2021 | 6:10 AM IST

Bitcoin pulls back from brink of $50,000, crypo dropped more than 5%

Bitcoin fell as much as 5.6% to $45,914 and rival cryptocurrency ethereum dropped more than 8% to $1,655

Bitcoin pulls back from brink of $50,000, crypo dropped more than 5%
Updated On : 15 Feb 2021 | 8:35 AM IST

Bitcoin nears $50,000-mark as it hits a record in weekend action

Bitcoin has been buoyed in recent months by endorsements from the likes of Paul Tudor Jones and Stan Druckenmille

Bitcoin nears $50,000-mark as it hits a record in weekend action
Updated On : 15 Feb 2021 | 1:00 AM IST

Cryptos should be seen as a public good

Elon Musk's $1.5 billion investment in bitcoin last week is testimony to the potential of the digital asset.

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Updated On : 14 Feb 2021 | 8:52 PM IST

World shares dip and Bitcoin hits yet another record high

Bitcoin reached $49,000 before erasing gains

World shares dip and Bitcoin hits yet another record high
Updated On : 12 Feb 2021 | 7:13 PM IST

Asian shares stuck in holiday lull over US economic data, bitcoin soars

Bitcoin surged yet again to a new record high after BNY Mellon said it will offer custodian services for cryptocurrencies

Asian shares stuck in holiday lull over US economic data, bitcoin soars
Updated On : 12 Feb 2021 | 8:22 AM IST

Bitcoin hits all-time high after Mastercard, BNY Mellon support crypto

Bank of New York Mellon said Thursday it will hold, transfer and issue Bitcoin and other cryptocurrencies for institutional customers

Bitcoin hits all-time high after Mastercard, BNY Mellon support crypto
Updated On : 12 Feb 2021 | 1:15 AM IST

Twitter has thought about holding bitcoin, not decided yet: Report

Twitter had considered how it might pay vendors or employees using bitcoin, should they ask to transact using the virtual currency

Twitter has thought about holding bitcoin, not decided yet: Report
Updated On : 11 Feb 2021 | 7:50 AM IST

Yellen eyes innovation to battle misuse of crypto, narrow digital gaps

She said passage of the Anti-Money Laundering Act in December would allow the Treasury Department to rework a framework for combating illicit finance that has been largely unchanged since the 1970s

Yellen eyes innovation to battle misuse of crypto, narrow digital gaps
Updated On : 11 Feb 2021 | 7:45 AM IST

Regulation is key

Banning cryptocurrencies is a poor idea

Regulation is key
Updated On : 10 Feb 2021 | 11:19 PM IST

Top headlines: New rules on holding firms unclear, Ruia's EoI for Air India

From New Budget rules on holding firms queering the pitch for sovereign, pension funds to Pawan Ruia's EoI for Air India, Business Standard brings you the top headlines at this hour

Top headlines: New rules on holding firms unclear, Ruia's EoI for Air India
Updated On : 10 Feb 2021 | 7:16 AM IST

Indian investors join the bitcoin party after Tesla CEO Musk's endorsement

Bitcoin has been on fire ever since Musk announced that Tesla had bought $1.5 billion of the cryptocurrency, and that his electric-vehicle company would accept bitcoin from buyers

Indian investors join the bitcoin party after Tesla CEO Musk's endorsement
Updated On : 10 Feb 2021 | 4:24 AM IST