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Bitcoin, meanwhile, has gained 164 per cent in the last one year - from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.
Supply of bitcoin, which is limited to 21 million tokens, is set to get tighter in April, when the so-called "halving" event takes place
But don't get carried away by the hype surrounding these new assets, invest limited amount initially
Bitcoin has been on fire ever since Musk announced that Tesla had bought $1.5 billion of the cryptocurrency, and that his electric-vehicle company would accept bitcoin from buyers
It has surged by nearly half since breaking $20,000 for the first time on Dec. 16
Indian exchanges see spurt in volumes due to the entry of newcomers to the trade
A three-part special series sheds some light on cryptocurrency trade, how crypto players are coping with uncertainties in India, Bitcoin mining, the recent crackdown on cryptocurrency exchanges
Amid Bitcoin mania, Business Standard explains everything that you need to know about cryptocurrencies, Bitcoin mining, cryptocurrency exchanges, how they came into being
The magnitude of Bitcoin's boom suggests investors have reason to be worried
Hedge funds offer investors more than just a wager on rising cryptocurrency prices
Every member of the eight-person all-girl group represents a different virtual currency, including Ethereum and Ripple