Crypto Trading

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

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

Bitcoin crosses $100,000 on optimism over Donald Trump's crypto plans

More than 16 years after its creation, bitcoin appears on the cusp of mainstream acceptance, despite naysayers and a history of controversies

Bitcoin's bulls pull back as its quest for $100,000 runs into resistance

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

Authorities book 17 crypto platforms for GST evasion of Rs 824.14 cr

GST authorities have booked a Rs 722.43 crore tax evasion case against crypto exchange and Binance Group Company, Nest Services Ltd, Parliament was informed on Monday. In total, cases have been booked against 17 cryptocurrency exchanges for GST evasion of Rs 824.14 crore. Recovery of Rs 122.29 crore in interest, penalty and taxes has been made by GST authorities, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. Central GST formations have detected Rs 40.51 crore GST evasion by Zanmai Labs Pvt (WAZIRX), Rs 16.84 crore by CoinDCX and Rs 14.13 crore by CoinSwitch Kuber. As many as four investors in virtual digital assets have been investigated by the Central GST authorities and Rs 1.76 crore evasion has been detected. Rs 2.40 crore has been recovered in taxes, penalty and interest. Chaudhary said total 47 Virtual Digital Asset Service Providers (VDA SPs) have been registered as Reporting Entities with Financial Intelligence Unit-India under the

Crypto hirings may see boom on regulatory clarity, Trump win: Report

Donald Trump's election win, coupled with his association with crypto advocate Elon Musk, has reignited optimism in the sector

Bitcoin hits record as traders bet Trump's victory will boost crypto

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

Bitcoin hits record high as traders bet on Trump's win in election

(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

Crypto exchange co WazirX battles liabilities, white knights yet to arrive

Crypto exchange may be engaged in talks with a bunch of platforms for a potential deal

WazirX reports 40% assets dip in reserves after July security breach

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

WazirX moved over $73 million crypto after data breach: CoinSwitch

While WazirX did not deny the allegation in its official statement, it added that CoinSwitch should instead provide users real-time tracking tracking of proof of reserves and wallet addresses

9,000 WazirX users wrongly receive moratorium support confirmation

WazirX, which is facing liabilities amounting to $546.5 million, had floated a user poll to measure potential interest in its moratorium application

Is going to prison the same as starting a new job? This FTX exec thinks so

Former FTX co-founder Ryan Salame updates his 'job position' on LinkedIn to 'inmate' before beginning a 7.5-year prison sentence

WazirX creditors quiz founder, legal team on firm restructuring in townhall

Investors raised their concerns about losing out on a potential bull run in Bitcoin prices in the next six months

Binance detaches itself from any liabilities days after WazirX cyber attack

It refuted WazirX's claims that the global exchange owns the company, while stating that it does not operate the platform

WazirX plans restructuring, seeks white knight; users set to lose 43% funds

WazirX customers may get anywhere between 55-57 per cent of funds back

Australia leads world market in crypto ATM growth as kiosks pour in

Crypto kiosks dominate the cash-to-crypto industry, which has processed at least $160 million in illicit volumes globally since 2019, according to TRM

After forensic analysis, WazirX blames wallet provider for crypto heist

Liminal clarifies its systems were not compromised

Legal bind for cryptocurrency investors caught in WazirX's fine print

The fine print in WazirX's user agreement limits the options available for dispute resolution

Explore different ways to convert cryptocurrencies into cash

There is no central body operating in India to regulate cryptocurrency. Users should be careful while dealing in cryptocurrency

CoinDCX announces customer protection fund days after WazirX heist

CoinDCX has instituted the fund by allocating Rs 50 crore from its own cash reserves