The government has come out with a statement saying it has not made any proposal to recognise Bitcoin, the most popular cryptocurrency in the world, as a legal currency in India. The Ministry of Finance’s written reply was in response to a question asked in Parliament during the first day of the Winter Session. The…
If you had invested Rs 10,000 in Bitcoin two months back, your net investments would be just over Rs 14,000 today. An investment in Ethereum would have an almost similar result. But an investment in the much-hyped token Shiba Inu would have yielded a total of about Rs 74,000 within these 60 days. Had you put this money…
Cryptocurrencies have lost momentum as prices of popular virtual coins dipped sharply on Wednesday. The entire cryptocurrency market capitalisation has dropped by 4 per cent in the past 24 hours Bitcoin, which had crossed $50,000 for the first time since May on Monday, retreated yesterday due to profit-booking by…