The cryptocurrency market has witnessed mixed trends over the past 24 hours as smaller virtual coins lost momentum while Bitcoin (BTC) and Ether (ETH) gained slightly. Bitcoin, the world’s most popular cryptocurrency, was trading at $57,256 or 1.20 per cent higher than its price 24 hours ago. Bitcoin’s market…
The world of money is changing with a strong push for private currency in the form of cryptocurrency. The normal world is divided into sovereign governments that regulate affairs of nation-states and issue their own currencies for economic functions. Cryptocurrency challenges this normal world of business and economy…
WazirX app witnessed heavy user activity following the government’s decision to introduce a new cryptocurrency bill in the Parliament to ban private cryptos. A lot of investors took to WazirX and other crypto exchange platforms to sell their investments, resulting in an app crash. Some users even shared the…
Prices of cryptocurrencies crashed after India proposed a law to prohibit all private players in the segment. The central government has proposed to present a Bill on cryptocurrency in the upcoming Winter Session of Parliament to facilitate creation of the official digital currency to be issued by the Reserve Bank of…
Cryptocurrencies have weakened over the past 24 hours due to volatility in the virtual coin market, triggered by weak investor confidence and lack of demand after the recent correction. Bitcoin, the world’s largest cryptocurrency, was trading at $55,914.94 or 2.64 per cent lower than its price 24 hours ago at 2:00…
A comprehensive bill on cryptocurrencies is likely to be tabled for clearance at a meeting of the Union cabinet before or during the monsoon session starting on November 29. Sources said that once the bill detailing the regulation of cryptos, their classification, and intent to tax earnings from them gets the approval…
Cryptocurrency prices fell sharply as volatility remained high over the past 24 hours. The entire cryptocurrency market has witnessed a dip over the past week due to higher profit booking by investors. Bitcoin, the world’s most popular cryptocurrency, was trading below $56,000 or over 6 per cent lower than its…
India is closer to getting cryptocurrency regulations than ever before. Two important meetings in this regard have taken place over the past week. First, Prime Minister Narendra Modi chaired a high level comprehensive meeting, where he talked about the concerns of unregulated crypto markets as they are allowing money…
Cryptocurrency prices fell further over the past 24 hours due to continued profit booking by investors. Bitcoin, the world’s largest cryptocurrency, slipped below $60,000 on Tuesday for the first time in two weeks. The popular cryptocurrency was trading at $59,602 or 1.73 per cent lower than its price 24 hours ago at…
Cryptocurrency prices fell further over the past 24 hours, highlighting the volatility prevailing in the overall market. Bitcoin, the world’s largest cryptocurrency, was trading at $64,352 or 1.59 per cent lower than its price 24 hours ago at 1:20 pm. Bitcoin’s market capitalisation fell further to $1.21 trillion…