Bitcoin In India

Crypto wrap 2024: Bitcoin, altcoins remain popular among Indian investors

The recent Bitcoin rally in December saw the cryptocurrency surge past the $100,000 mark, drawing Indian investors to homegrown crypto exchanges

Gain Bitcoin scam case: CBI summons audit firm employee Gaurav Mehta

The CBI on Wednesday summoned Gaurav Mehta, an audit company employee, to appear before it as soon as possible in connection with the Rs 6,600-crore Gain Bitcoin ponzi scam case, officials said. The central probe agency had registered three cases related to the scam last month on the Supreme Court orders issued last year, officials said. Mehta was summoned by the CBI, a day after his name cropped up in purported tapes of Maharashtra political leaders discussing the encashment of the cryptocurrency worth crores. The Central Bureau of Investigation (CBI) swung into action hours after the Enforcement Directorate, investigating the money laundering aspect, launched raids at the Mehta's residence in Chhattisgarh. The apex court handed over cases registered against Variable Tech Pvt Ltd across the country to the CBI in December 2023. "During the investigation, it shall be open to the CBI to club/consolidate any one or more of the FIRs," the top court had said. The apex court had clarif

Explained: All you need to know about Bitcoin halving

Bitcoin nears $64,000, experts say it may beat previous high before halving

The surge in traffic on Wednesday triggered trading outages and displays of $0 balances for users of Coinbase, the largest US digital asset exchange

Crypto wrap: Opposite to global sentiments, crypto market jumps big

Cryptocurrency news: According to some experts, however, despite the bull run, the investors must remain cautious

Now invest in crypto like mutual funds, social tokens and celebrity NFTs

But don't get carried away by the hype surrounding these new assets, invest limited amount initially

Volatile yet lucrative, Bitcoin becomes Indians' dream investment

If the mega cryptocurrency has left you nervous, hold your nerves as there is a silver lining in the mayhem the crypto asset class experienced last week

Decoded: Here's how to tell the difference between Bitcoin and Ethereum

The prices of both Bitcoin and Ether were relatively flat from early 2018 to the fall of 2020, a period known as the 'crypto winter' by oldtimers

Bitcoin climbs to record high of $56,620, ether hits fresh highs

The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year

Indian startups join hands to ensure dialogue with Centre for crypto market

On Saturday, Bitcoin touched a market capitalisation of $1 trillion, its highest ever, as the value of world's most popular cryptocurrency crossed an all-time high of $55,000 per coin

Bitcoin gains 7.8%, breaches $34,000-mark as rally extends into new year

The currency gained as much as 7.8 per cent to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore

Bitcoin @ $22,000: Should you dump gold for the crypto? Your query answered

Listen to the podcast to know about the massive rally in Bitcoin's price and does it stand a chance to replace gold as an investment bet?

Dream of being a bitcoin millionaire? Things to know about cryptos in India

Among the clutch of cryptocurrencies, bitcoin has a market share of 36.6% and a market cap of $250 bn

Bitcoin investments new attraction for Indians, say experts

Supreme Court bench headed by Chief Justice Dipak Misra recently sent notices to concerned authorities asking to frame an effective mechanism for flow of bitcoin

Sebi, RBI engage in turf war over Bitcoin regulation

The government's proposal to regulate Bitcoin crypto currency has sparked a regulatory turf war between Securities and Exchange Board of India (Sebi) and Reserve Bank of India (RBI). According to sources, the central bank is of the opinion that bitcoin is a security rather than currency and should be regulated by Sebi. The proposal though has not gone down well with the latter opposing the suggestion. The finance ministry had last week called for a meeting of all the stakeholders to discuss the regulatory framework of the virtual currency. During the meeting RBI has proposed to allow trading in bitcoin on the lines of trading in commodity derivatives such as gold or silver. It also recommended that Sebi while regulating the currency ensure that it should not be used for any illegal activities like money laundering, terror funding. Sebi though had expressed displeasure over the RBI's proposal. "It (bitcoin) cannot be classified as commodity derivatives as per extant legal provisions," .

Bitcoin trading at over Rs 2 lakh in India as global prices cross $2,500

Recently, the Centre issued a discussion paper regarding Bitcoin regulation