Page 29 - Latest Updates on Bitcoin
'Indian crypto market has flourished since the onset of the Covid'
We see a possibility of the Indian government considering forming a panel to regulate cryptocurrencies as digital assets than tokens, Gupta said
 "'Indian crypto market has flourished since the onset of the Covid'")
Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout
Bitcoin is now down more than 50 per cent from its record of almost $65,000 set in April
 "Bitcoin's m-cap plunges more than $500 billion in cryptocurrency rout")
Top headlines: Bitcoin plunges to $30,066; IOC returns to profit in Q4FY21
Business Standard brings you the top headlines this evening
 "Top headlines: Bitcoin plunges to $30,066; IOC returns to profit in Q4FY21")
More drops in Big Tech pull stocks lower; Bitcoin drops another 20%
US stocks are opening broadly lower, extending a weak streak into a third day.
 "More drops in Big Tech pull stocks lower; Bitcoin drops another 20%")
Bitcoin plunges to $30,066; crypto market cap losses nearly $1 trn
The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services
 "Bitcoin plunges to $30,066; crypto market cap losses nearly $1 trn")
Explained: Why cryptocurrency jumps and falls on Elon Musk's tweets
The value of a crypto depends solely on the equation between supply and demand, and demand is driven solely by sentiment
Buyers beware as 'altcoin' frenzy bruises bitcoin's market share
Dogecoin last week jumped about 25% after Musk said he was working with its developers to boost its efficiency.
Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake
The drama started on Sunday after Musk sent a tweet that raised questions about whether Tesla might have already sold its stake
 "Elon Musk fuels Bitcoin volatility by saying Tesla hasn't sold stake")
Amid volatility, Bitcoin rallies from three-month low on Musk's tweet
Musk said Tesla would not sell its bitcoin, but the cryptocurrency has dropped by almost a quarter since Musk's reversal on Tesla taking it as payment
 "Amid volatility, Bitcoin rallies from three-month low on Musk's tweet")
Crypto exchanges draw attention of regulators over brand promotions
According to regulatory sources, the brand promotion could mislead retail investors as the legality of cryptocurrency itself is under the scrutiny of the central government
 "Crypto exchanges draw attention of regulators over brand promotions")
How to use 50 trillion Shiba Inu in Covid-hit, crypto-wary India
Prices of Shiba Inu have recovered about 25% in the past 24 hours, according to CoinGecko.com.
 "How to use 50 trillion Shiba Inu in Covid-hit, crypto-wary India")
Roaring crypto cacophony drowns out rest of Wall Street in a wild week
Dogecoin wasn't the only canine-themed coin to take a tumble.
 "Roaring crypto cacophony drowns out rest of Wall Street in a wild week")
Elon Musk sends bitcoin tumbling with stunning reversal over payments
Bitcoin, the world's biggest digital currency, fell more than 7 per cent after the tweet and was trading at $52,669
Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k
Business Standard brings you stories that made the headlines on Thursday
 "Top headlines: Delhi's positivity rate at 1-month low; Bitcoin below $50k")
Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn
Musk denounces amount of energy used to produce bitcoin; however, Tesla will retain bitcoin holdings
Bitcoin recoups some losses in Asian trade after Musk-triggered tumble
The price of the world's largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet
Bitcoin rebounds after Musk says Tesla will suspend using cryptocurrency
Bitcoin rebounded to about $50,000 in Asian trading on Thursday after plunging as much as 17% after Elon Musk tweeted Tesla Inc had stopped accepting bitcoin to purchase its vehicles
Cryptocurrency ethereum hits another record high as 2021 gains near 500%
Cryptocurrency Ether hit another record high on Wednesday, taking gains this year to close to 500% on the back of growing interest in decentralized finance applications
 "Cryptocurrency ethereum hits another record high as 2021 gains near 500%")
Gaining currency
Large firms signal mainstream acceptance of crypto
 "Gaining currency")
A new avatar: Making a case for crypto-currencies to fill SME financing gap
Studies point out that the 40 million-odd SMEs in India, with limited access to formal credit, face a financing gap of $250-500 billion
 "A new avatar: Making a case for crypto-currencies to fill SME financing gap")
