Page 17 - Latest Updates on Bitcoin
Buzz on virtual assets: Crypto industry sees exits ahead of new tax regime
With new rules coming into force in April, several investors are booking profits, rejigging portfolios or moving their virtual assets outside of India
 "Buzz on virtual assets: Crypto industry sees exits ahead of new tax regime")
Cryptoverse: Bitcoin not anonymous enough for growing cohort of users
A volatile class of crypto known as privacy coins has quietly been gaining ground this month as maturing bitcoin inches towards mainstream finance
 "Cryptoverse: Bitcoin not anonymous enough for growing cohort of users")
Bitcoin drops below $40,000 as Biden-inspired optimism fades
Most of the top cryptocurrencies were down at least slightly in the 24 hours to 4:15 p.m. Hong Kong time
Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight
The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2
 "Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight")
Bitcoin rallies after Biden signs executive order on digital assets
Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on 'the future of money' and the role cryptocurrencies will play
 "Bitcoin rallies after Biden signs executive order on digital assets")
Top headlines: MFs log Rs 19,705-cr net inflow in Feb; Bitcoin tops $42,000
Business Standard brings you the top headlines on Wednesday
 "Top headlines: MFs log Rs 19,705-cr net inflow in Feb; Bitcoin tops $42,000")
Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul
Yellen praised an upcoming order from Biden in a statement on Treasury's website that was later removed, saying it strikes the right balance between fostering innovation and addressing potential risks
 "Bitcoin tops $42,000 as Yellen lauds 'historic' crypto overhaul")
Indian founder on the run in global $2.4 bn crypto ponzi scheme
Satish Kumbhani, founder of crypto BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely "relocated from India to an unknown location" abroad
 "Indian founder on the run in global $2.4 bn crypto ponzi scheme")
Bitcoin tops $44,000 in tentative comeback as portfolio hedge
Bitcoin can benefit from some of the instability which will likely befall the dollar and euro as a result of worsening international tensions, says an expert
Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday
 "Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue")
Ukraine crisis: Bitcoin jumps more than 11%; Russian stocks & ruble rise
Other digital coins including ether and XRP saw solid gains as well
 "Ukraine crisis: Bitcoin jumps more than 11%; Russian stocks & ruble rise")
Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto
Bitcoin surged to $39,000 in a quick rally following Biden's sanctions after dipping below $35,000 on Thursday when Putin declared war on Ukraine
 "Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto")
Legal or illegal? SC asks Centre to make its stand clear on Bitcoins
The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.
Bitcoin donations soar for Ukrainian army amid war with Russia
Come Back Alive, a Ukrainian NGO that raises crypto funds for the Ukrainian army, received more than $400,000 worth of digital tokens in the past day
Russia-Ukraine crisis: Bitcoin and other cryptocurrencies plummet
The traditional safe haven gold, meanwhile, surged to the highest level since early 2021 on Thursday
 "Russia-Ukraine crisis: Bitcoin and other cryptocurrencies plummet")
Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets
The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday
Gold fights off rising rates, Bitcoin to be haven amid Ukraine tensions
Prices have surged to the highest since the start of June on escalating tensions between Russia and the West over Ukraine
 "Gold fights off rising rates, Bitcoin to be haven amid Ukraine tensions")
Amid 40% fall in price, Bitcoin could be laid low by miners' malady
The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second
 "Amid 40% fall in price, Bitcoin could be laid low by miners' malady")
Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level
Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level
 "Crypto vs gold: Bitcoin losing out to gold has analysts eyeing $30k level")
Yen bid, bitcoin battered as Ukraine fears leave traders nervous
Bitcoin was trading around $40,500, around a two-week low, after a tumble late on Thursday left it down 7.6% on the day
 "Yen bid, bitcoin battered as Ukraine fears leave traders nervous")
