Photo: India Today

Cryptocurrency Trading: Bitcoin Surges $30,000 First Time Since June 2022

Bitcoin has gained traction, evidenced by the recent surge in its price. The bitcoin price has crossed the $30,000 mark on October 20, fueling optimism in the market. The major factor behind this surge is the recent development in the XRP case, as SEC dismissed to file charges, which led to rebelieve of investors. Now, the market of cryptocurrency and trading looks fine, making bitcoin strong asset in 2023.

Fri, 20 Oct 2023 - 05:08 PM / by Varsha Joshi

Tags: trading, Bitcoin, Investment, Cryptocurrency, business

Courtesy: Twitter


Photo: News18

Crypto-Market Begins To Recover Following Recent Downturn

Bitcoin has dropped about half of its value since its November high and has been hovering around $30,000 for the past month. Some investors believe bitcoin has reached a bottom, based on the amount of money flowing into listed cryptocurrency funds, which represent a small portion of the market. Funds experienced an average weekly inflow of $66.5 million, reversing a disastrous April loss of $49.6 million. 

Tue, 07 Jun 2022 - 02:55 PM / by Vidhi Jhunjhunwala

Tags: Cryptocurrency, Bitcoin, Stock market, Downfall, Funds

Courtesy: NDTV


Photo: MarketWatch

Bitcoin Price Drops To 0.69% From 8% In Four Days

After a previous mini-rebound, Bitcoin's price decreased on June 1. Despite the drop, the world's largest cryptocurrency was still trading over the $31,000 threshold. This occurred despite continued fears about inflation and the possibility of a recession. Over the previous four days, Bitcoin has gained over 8%. But bitcoin was trading at $31,437.72, down 0.69% on June 1. While the majority of cryptocurrencies declined, Luna increased by over… read-more

Wed, 01 Jun 2022 - 02:36 PM / by Vidhi Jhunjhunwala

Tags: Bitcoin, Crypto Currency, Stock market, Shares, Price

Courtesy: India Today


Photo: CNBC

Karnataka Bitcoin Case, Home Minister Says No links With It

The Bitfinex cryptocurrency hacking in August 2016 is under investigation by US agencies as USD 4.5 billion bitcoin was stolen. It was referred to the hacker being from Bengaluru who was arrested in November 2020. However, the home minister of Karnataka released a statement,  “American agencies have arrested two US nationals a few days ago and have recovered the entire amount that was hacked from the Bitfinex exchange."

Tue, 08 Mar 2022 - 10:00 AM / by Rupsa Debnath

Tags: Bitcoin, Bitcoin Scam, Karnataka, Cryptocurrency, Indian cryptocurrency market

Courtesy: The Indian Express



US Couple Arrested For Conspiring To Launder $4.5bn In Bitcoin

The FBI arrested a husband-wife, who conspired to launder cryptocurrency stolen from the 2016 hack of virtual currency exchange, Bitfinex. The department seized a record-shattering $3.6bn in bitcoin in a saga that has captivated the internet. The accused, Ilya Lichtenstein, 34, and his wife Heather Morgan, 31, were asked to make their initial appearances in federal court. Notably, they laundered 119,754 Bitcoins and initiated about 2,0000… read-more

Wed, 09 Feb 2022 - 01:35 PM / by Shaloo Priya

Tags: Technology, Bitcoin, MONEY LAUNDERING, US, couple

Courtesy: Aljazeera

Narendra Modi

Photo: NDTV

PM Modi's Twitter Hacked; Hackers Say India Legalises Bitcoin

Prime Minister Narendra Modi's Twitter account was 'very briefly' hacked on December 12, said Prime Minister's Office in a tweet. Reportedly, the account was used to tweet saying, ''India has officially adopted bitcoin as legal tender.'' However, PMO said that the account has now been restored, and malicious tweets are deleted. ''In the brief period that the account was… read-more

Sun, 12 Dec 2021 - 10:25 AM / by Nehal Surana

Tags: PMO, Narendra Modi, Twitter account hacked, Twitter, Bitcoin

Union FM Nirmala Sitharaman

Photo: Business Line

Centre Plans To Prohibit Cryptocurrency As Legal Transaction In India

Union Finance Minister Nirmala Sitharaman, on November 29, said that Central Government will not accept cryptocurrency as a legal tender. She clarified that the government does not collect data on bitcoin transactions in India. Moreover, the Centre will introduce Cryptocurrency Regulation of Official Digital Currency Bill, 2021 in the Winter Parliament Session, prohibiting all cryptocurrency holders in India with certain exceptions.… read-more

Mon, 29 Nov 2021 - 04:16 PM / by Varsha Joshi

Tags: Cryptocurrency, Bitcoin, Indian Govt, FM Nirmala Sitharaman, crypto bill

Courtesy: News 18

Bitcoin city

Photo: AL Jazeera

El Salvador Plans To Built World's First 'Bitcoin City'

El Salvador's President Nayib Bukele announced plans to establish the world's first "Bitcoin City," funded by bitcoin-backed bonds. He assured that the cryptocurrency will help the Central American country attract investment. Moreover, Bukele stated that the city would use geothermal energy from a volcano and would not collect any taxes other than the value-added tax (VAT). "Invest here and make all the money you want," Bukele said.

Sun, 21 Nov 2021 - 05:00 PM / by SAM RAHUL RAJASHEKHAR

Tags: el salvador, Nayib Bukele, Bitcoin, Cryptocurrency, bitcoin city

Courtesy: Reuters


Photo: NationaWorld

Bitcoin Falls More Than 4%, Nearing $60,000 In A Day

Bitcoin, the world's biggest and best-known cryptocurrency, reportedly fell to more than 4 percent on November 16. According to reports, the cryptocurrency was seen at an all-time high for a week nearing  $69,000. Ether, the second-largest cryptocurrency was also reported to be down by 4.5 percent at $4,355.4. Analysts have said that the downfall is caused by profit-taking after the sharp run-up.   

Tue, 16 Nov 2021 - 02:15 PM / by SAM RAHUL RAJASHEKHAR

Tags: Bitcoin, Ether, Cryptocurrencies, net profit, cryptocurrency polygon

Courtesy: Reuters


Photo: The Print

Congress Demands Details Of 5,000 Bitcoins; Accuses Bengaluru Police Of Cover-Up

Corruption investigations have rattled the BJP government in Karnataka in recent days. Congress requested explanations regarding the whereabouts of over 5,000 Bitcoins related to the suspected hacker, accusing police of a major cover-up. In November 2020, Srikrishna Ramesh was arrested for using Bitcoin to buy narcotics on the dark web. Accusations that he was involved in a bitcoin robbery at the Bitfinex exchange have been dismissed by… read-more

Mon, 15 Nov 2021 - 11:15 AM / by Vidhi Jhunjhunwala

Tags: Bitcoin, bengaluru, Karnataka, Congress, BJP

Courtesy: The Indian Express