Page 20 - Latest Updates on Bitcoin
Crypto is the 'top contender' for 'major correction', money managers say
This year saw a number of big fund managers and pensions start to dabble in crypto, while numerous big-name investors famed for their financial markets acumen have also gotten involved
 "Crypto is the 'top contender' for 'major correction', money managers say")
Bitcoin price back over $50,000, as market calms after weekend turmoil
Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge
 "Bitcoin price back over $50,000, as market calms after weekend turmoil")
Bitcoin below $50,000, at early October levels, after weekend's battering
Traders said the weekend fall was connected with the broad move away from riskier assets in traditional markets over worries about the Omicron variant
 "Bitcoin below $50,000, at early October levels, after weekend's battering")
Bitcoin falls by a fifth, cryptos see $1 billion worth liquidated
Bitcoin was 12% down at 0920 GMT at $47,495
Bitcoin plunges over 20% in another sign of global market nerves
The largest digital token fell as low as $42,296 before paring some of the tumble
 "Bitcoin plunges over 20% in another sign of global market nerves")
Bitcoin tumbles 5.5% to $53,436
Bitcoin plunged 5.5% to $53,435.9 at 22:04 GMT on Friday, losing $3,112.06 from its previous close.
Current market environment 'crazier' than dotcom bust: Berkshire's Munger
The S&P 500 index has more than doubled since its pandemic lows of March last year, while Bitcoin is up over 1000%
 "Current market environment 'crazier' than dotcom bust: Berkshire's Munger")
After leaving Twitter, Jack Dorsey focuses on Square Inc, bitcoin
"If I weren't at Square or Twitter, I'd be working on bitcoin," Jack Dorsey had said at a packed Miami conference in June
 "After leaving Twitter, Jack Dorsey focuses on Square Inc, bitcoin")
The tech holes that ensure that crypto can never be effectively banned
It is estimated that $1.25 billion worth of cryptocurrency transactions have happened on decentralised finance platforms from India
 "The tech holes that ensure that crypto can never be effectively banned")
No proposal to recognise Bitcoin as a currency: FM Nirmala Sitharaman
The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session
 "No proposal to recognise Bitcoin as a currency: FM Nirmala Sitharaman")
No proposal to recognise Bitcoin as currency: FM Nirmala Sitharaman
The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session
 "No proposal to recognise Bitcoin as currency: FM Nirmala Sitharaman")
No proposal to recognise Bitcoin as a currency in India: FM tells Lok Sabha
The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in Lok Sabha
 "No proposal to recognise Bitcoin as a currency in India: FM tells Lok Sabha")
Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets
Smaller coins, which tend to move in tandem with bitcoin, also fell
Banning cryptocurrencies could lead to more unlawful usage: Industry body
BACC's statement comes days after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions
India to consider allowing crypto trading for some investors: Report
The discussions come as authorities race to finalize a bill Prime Minister Narendra Modi's government wants to present to parliament in the session starting Nov. 29.
 "India to consider allowing crypto trading for some investors: Report")
Indian govt's plan to ban cryptocurrencies leads to heavy selling
The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda released late on Tuesday
Cryptocurrency Bill among 26 to be introduced in Winter Session
The Bill 'seeks to prohibit all private cryptocurrencies in India however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses'
 "Cryptocurrency Bill among 26 to be introduced in Winter Session")
Why India needs to adopt crypto
A progressive regulatory framework will create a prosperous crypto ecosystem and expand financial inclusion in the country in a secure, simple, and transparent manner
Have not invested a single rupee in cryptocurrencies, says Anand Mahindra
The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform
 "Have not invested a single rupee in cryptocurrencies, says Anand Mahindra")
BJP, Congress leaders spar over Karnataka Bitcoin scandal
The Bitcoin scandal blame game touched a new low in the state among Karnataka politicians as leading of ruling BJP and opposition Congress indulged in personal attacks
 "BJP, Congress leaders spar over Karnataka Bitcoin scandal")
