Page 31 - Latest Updates on Bitcoin
Bitcoin goes past $60,000-mark again, rises 1.32% to record $60,555.97
Bitcoin rose 1.32% to a record $60,555.97 on Saturday, breaking above $60,000 for a second time in 10 days
 "Bitcoin goes past $60,000-mark again, rises 1.32% to record $60,555.97")
Led by Bitcoin, global cryptocurrency market crosses $2 tn for first time
The global cryptocurrency market has zoomed past $2 trillion in market capitalisation amid a surge in institutional demand
 "Led by Bitcoin, global cryptocurrency market crosses $2 tn for first time")
Cryptocurrency market value surges to all-time high of $2 trillion
Analysts said as long as bitcoin stays above $53,000, it will be able to maintain its $1 trillion market cap
 "Cryptocurrency market value surges to all-time high of $2 trillion")
Cryptocurrency market cap hits record $2 trn; bitcoin's at $1.1 trn
The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio
 "Cryptocurrency market cap hits record $2 trn; bitcoin's at $1.1 trn")
Bitcoin price surge may be driving up interest in China's digital yuan
China's digital yuan is an example of a central bank digital currency which aims to replace some of the cash in circulation
 "Bitcoin price surge may be driving up interest in China's digital yuan")
Coinbase gets all-clear from SEC, setting stage for landmark crypto listing
The surge in Coinbase's private market valuation illustrates how the perceived value of the company has rallied hand-in-hand with the jump in the price of cryptocurrency bitcoin.
 "Coinbase gets all-clear from SEC, setting stage for landmark crypto listing")
Businessman to photographer: Cryptocurrency investors ready for govt bill
India prepares to legislate digital money after conflicting reports on outright ban with cryptocurrency bill 2021.
Bitcoin jumps to one-week high of $58,000 as Visa pilots crypto settlement
Traditional financial companies are beginning to embrace cryptocurrencies and blockchain projects more than a decade after the creation of Bitcoin in 2009
Govt mandates companies to disclose investments in cryptocurrencies
Govt asks companies to also reveal CSR spend, benami property transactions from FY22
 "Govt mandates companies to disclose investments in cryptocurrencies")
RBI has major concerns on cryptocurrencies, flagged it to govt: Governor
The comments come in light of what has been termed as confusing signals from the government on the cryptocurrencies
 "RBI has major concerns on cryptocurrencies, flagged it to govt: Governor")
Bitcoin slide adds to signs of step back in retail trading mania
Bitcoin is about $9,000 below a record of $61,742 set earlier in March
Top headlines: Govt likely to resume IBC filings, Tesla now accepts Bitcoin
Business Standard brings you top news of the day
 "Top headlines: Govt likely to resume IBC filings, Tesla now accepts Bitcoin")
Elon Musk says Tesla vehicles can now be purchased using bitcoin
The option will be available outside the United States later this year
India's proposed ban on cryptocurrencies not in line with major countries
In most major countries and blocs, regulators treat cryptocurrencies as assets and gains in these are taxed like financial transactions
 "India's proposed ban on cryptocurrencies not in line with major countries")
Govt considers blocking IP addresses of cryptocurrency exchanges
Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done
 "Govt considers blocking IP addresses of cryptocurrency exchanges")
Nascent but growing crypto-universe under threat from proposed crypto ban
There is, however, some confidence that the Centre will allow, rather, promote, innovations around blockchain, the underlying technology for Bitcoin
 "Nascent but growing crypto-universe under threat from proposed crypto ban")
Decoded: What is a cryptocurrency and how does a blockchain work?
It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote
Why a ban on cryptocurrency could have dire consequences for India
Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep
 "Why a ban on cryptocurrency could have dire consequences for India")
ZebPay expects $2 bn-worth trades per month as crypto fever grips India
India had banned banks and other regulated entities from supporting crypto transactions in 2018. The Supreme Court removed the curbs last year in response to a petition by cryptocurrency exchanges
 "ZebPay expects $2 bn-worth trades per month as crypto fever grips India")
Morgan Stanley becomes first major US bank to offer access to bitcoin funds
In an internal memo, the bank told its financial advisers it would launch access to three funds allowing ownership of Bitcoin
 "Morgan Stanley becomes first major US bank to offer access to bitcoin funds")
