Bitcoin

Taxing FIIs on their gains, who face forex risks, and have no tax set-off available in their home country is a big mistake that the government is making, said Sami Arora at BS Manthan.

The price of bitcoin fell below $90,000 and other cryptocurrencies saw large drops Tuesday morning, erasing some of the gains digital assets have made since President Donald Trump took office on a pro-crypto agenda. Bitcoin, the world's most popular cryptocurrency, was trading at about $89,000 as the US stock market opened. That's down from about $106,000, which was the price around Trump's inauguration. The decline in bitcoin and other crypto assets accelerated after a report showed a bigger-than-expected drop in consumer confidence for this month. Cryptocurrency is highly volatile, and prices can change rapidly. Even with Tuesday's drop, bitcoin is still up significantly since Trump won last year's election. Supporters said the price drops represent a good investment opportunity. Buy the dips!!! Eric Trump, the president's son, said on the social media platform X. He replaced the letter B with the symbol for bitcoin. It's been a mixed bag for the cryptocurrency industry in recent

The CBI on Tuesday conducted countrywide coordinated searches at 60 locations as part of its probe into Rs 6,600 crore GainBitcoin cryptocurrency scam, officials said. The searches were spread across multiple cities including Delhi NCR, Pune, Chandigarh, Nanded, Kolhapur and Bengaluru, targeting premises allegedly linked to key accused individuals, a CBI spokesperson said in a statement. The ponzi scam perpetrated through a web of platforms, including flagship site www.gainbitcoin.com, was allegedly masterminded by Amit Bhardwaj (now deceased) and his brother Ajay Bhardwaj, the officials said. Launched in 2015, the illicit operation was camouflaged under the facade of Variabletech Pte. Ltd, they said. The scheme lured the investors offering extraordinary returns of 10 per cent per month in Bitcoin over an 18-month period urging them to purchase the digital currency from external exchanges and deposit it with GainBitcoin through "cloud mining" contracts, the central agency said. "T

Trump's own $TRUMP-branded "meme coin," launched on Friday evening, was down 20.5 per cent at $39.68 on Tuesday

Token's rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump's rapidly reaching a market capitalization of more than $15 billion before declining sharply

Here's how leading brokerages have interpreted Donald Trump's latest statements, and what his presidency could mean for trade tariffs, markets, crypto, H1-B immigration visa and other asset classes

The price of bitcoin topped USD 100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he's sworn in as president next week. Once a sceptic who said a few years ago that bitcoin seems like a scam, Trump has embraced digital currencies with a convert's zeal. He's launched a new cryptocurrency venture and vowed on the campaign trail to take steps early in his presidency to make the US into the crypto capital of the world. His promises including creating a US crypto stockpile, enacting industry-friendly regulation and event appointing a crypto czar for his administration. You're going to be very happy with me, Trump told crypto-enthusiasts at a bitcoin conference last summer. Bitcoin is the world's most popular cryptocurrency and was created in 2009 as a kind of electronic cash uncontrolled by banks or governments. It and newer forms of cryptocurrencies have moved from the financial fringes to the mainstream in wild fits and ...

Still under discussion for inclusion in the executive order is a directive for all government agencies to review policies about digital assets and possibly pause any litigation involving crypto

The iShares Bitcoin Trust (ticker IBIT) smashed industry records in its launch year of 2024. In just 11 months, it grew to a behemoth with more than $50 billion in assets

Until recently, only a handful of luxury brands including LVMH watch labels Hublot and Tag Heuer as well as Kering-owned fashion brands Gucci and Balenciaga have experimented with crypto payment offer

Early indicators point to a weaker start, as GIFT Nifty futures were trading 51 points lower at 24,687 around 6:31 AM

Crypto markets have seen large gains since Trump's election victory as the industry expects a more friendly regulatory environment

Bitcoin, the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148 and was most recently at $106,877, up 5.43% from late Friday

Bitcoin soared above $106,000 for the first time, buoyed by signs President-elect Donald Trump will go ahead with a potential strategic bitcoin reserve

Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688

Go with an exchange that offers security features such as two-factor authentication (2FA), withdrawal whitelist, and encryption

President-elect Trump is World Liberty Financial's chief crypto advocate, and sons Eric, Don Jr and Barron are ambassadors, according to the WLF website

At present, industry estimates suggest that India has around 40 million active crypto investors

Bitcoin, world's best known cryptocurrency, has been on a tear since November on expectations that Donald Trump's US election win will usher in a friendly regulatory environment for cryptocurrencies