More than 16 years after its creation, bitcoin appears on the cusp of mainstream acceptance, despite naysayers and a history of controversies
Groups of Bitcoin and Ether exchange-traded funds each posted record monthly net inflows in November, at $6.5 billion and $1.1 billion respectively
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.
Asian stock rose on Friday following Wall Street gain after market superstar Nvidia and another round of companies said they're making even fatter profits than expected. US futures fell. Geopolitical tensions pushed oil prices higher. On Thursday, President Vladimir Putin announced that Russia had fired a new intermediate-range ballistic missile at Ukraine in response to Kyiv's use this week of American and British missiles capable of reaching deeper into Russia. Japan's benchmark Nikkei 225 added 1% to 38,415.32 after the nation's inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The readings will be one of the key topics at the Bank of Japan's policy meeting in December, where some investors anticipate an increase in the short-term policy rate to 0.5% from 0.25%. Australia's S&P/ASX 200 rose 1% to 8,407.50. South Korea's Kospi was up 1.2% at 2,509.06. Hong Kong's Hang Seng shed less than 0.1% to 19,594.52, while the ..
In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90
Income from cryptocurrency transactions is taxed at a flat rate of 30% in India, with an additional 1% Tax Deducted at Source (TDS) on transactions exceeding Rs 50,000 annually
As Bitcoin reaches new heights following the US elections, we explore the key factors driving this surge and what it means for investors
he fact that bitcoin was trading near all-time highs when the election result came through meant that it had clean sky above." Trump embraced digital assets during his campaign, promising to make the
The effort succeeded last week, with many of the industry's chosen candidates winning their races, potentially ushering in a Congress poised to champion crypto
This week we write about how to get a loan as availability norms harden and how to select momentum index funds
The price of bitcoin hit a new high on Wednesday as investors bet that former President Donald Trump's victory in the US presidential election will be a boon for cryptocurrencies. Bitcoin jumped nearly 8% to a record $75,345 in early trading, before falling back to about $73,500. Trump was previously a crypto sceptic but changed his mind and took a favourable view of cryptocurrencies ahead of the election. He pledged to make America "the crypto capital of the planet" and create a strategic reserve of bitcoin. His campaign accepted donations in cryptocurrency and he courted crypto fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. Bitcoin is the one asset that was always going to soar if Trump returned to the White House," said Russ Mould, investment director at AJ Bell, a British online investment platform. After touching its new high, the market is now speculating about when, not if, it will
(A) Democrat win would have felt like a short term nail in the coffin," he said. "Probably not the case long term but the market is placing high importance on it." Smaller cryptocurrency ether also
The largest digital asset rose as much as 1.2 per cent to $65,030 on Monday before dipping back to $63,780 as of 9:19 a.m. in New York
The oldest cryptocurrency, Bitcoin, which registered a fall of over 12 per cent yesterday, has jumped over 9 per cent in the last 24 hours
Zhao pleaded guilty in November for failing to implement an adequate money laundering program at Binance
At current elevated prices, prospective buyers should opt for staggered purchases
On Monday, Bitcoin traded at $65,000-mark as against the $63,000 level on Friday. Historically, Bitcoin has rallied post halving, will the trend continue? Here's all you need to know
The halving comes after bitcoin hit an all-time high of $73,803.25 in March
VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year
Stock market highlights on Tuesday, March 19: TCS was the biggest laggard on the benchmark indices, down 4 per cent after Tata Sons likely sold about 0.6 per cent stake in the company