Dive into the tech & future
Most cryptocurrencies have begun to spring towards gains as the year of 2023 made way into its second month. On Thursday, February 2, Bitcoin opened with a gain of three percent to trade at the price point of $23,884 (roughly Rs. 19.5 lakh). On international exchanges, BTC reeled in gains of around 3.50 percent to … Read more
Most of the popular cryptocurrencies opened trading with profits on Wednesday, February 1, the same day India is set to get its Union Budget for the fiscal year of 2023-2024. Bitcoin, with a small gain of 1.36 percent, is currently priced $23,129 (roughly Rs. 18.9 lakh). The oldest cryptocurrency also maintained a similar price point … Read more
The recent collapse of the crypto exchange FTX and the ensuing sell-off in the crypto markets have placed a spotlight on the vulnerabilities in the crypto ecosystem, the Economic Survey 2022-23 presented in Parliament said on Tuesday. Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because … Read more
Bitcoin opened with a minor loss of 1.71 percent to trade at the price point of $22,763 (roughly Rs. 18.5 lakh). The most expensive cryptocurrency, Bitcoin recorded losses of similar magnitude on foreign exchanges such as Coinbase and Binance as well. In the coming days, experts predict, Bitcoin could exceed the mark of $25,000 (roughly … Read more
India should consider lowering the 1 percent TDS on cryptocurrency trade as a high rate is causing a flight of capital and users to platforms in foreign jurisdictions and the grey market, a report said on Tuesday. The ‘Impact Assessment of 1 percent TDS on VDAs’ report by Chase India and Indus Law said the … Read more
After two days of most cryptocurrencies opening with profits, the price chart reflected losses next to majority altcoins on Wednesday, January 25. Bitcoin managed to retain its recently spiked price despite encountering a small loss of 2.10 percent. The value of BTC, at the time of writing, stood at $22,621 (roughly Rs. 18.4 lakh). The … Read more
Crypto giant Binance processed almost $346 million (roughly (Rs. 2,900 crore) in Bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine,” blockchain data seen by Reuters show. The Justice Department on January 18 said it charged Bitzlato’s co-founder and majority shareholder Anatoly … Read more
Most cryptocurrencies retained last week’s risen prices as January 2023 inched closer to its end. Bitcoin on Monday, January 23, opened trading at its highest price so far in 2023 — $22,716 (roughly Rs. 18 lakh). The oldest cryptocurrency did record a miniscule dip of 0.06 percent on the chart as it stepped into the … Read more
Bitcoin and Ether, opened with profits on Friday, along with most cryptocurrencies that saw their values fall in the last 24 hours. With a 1.12 percent increase in value, Bitcoin’s price is currently hovering around $21,060 (roughly Rs. 17 lakh). The world’s most widely used cryptocurrency has also managed to maintain a similar price point … Read more
Bitcoin on Monday recorded its highest price for the year so far, as the price of the world’s most popular cryptocurrency stood at $21,075 (roughly Rs. 17 lakh). The most widely used cryptocurrency recorded a profit of around two percent on both, national and international exchanges. Over the weekend, BTC swelled to its highest price … Read more