Business

Congress leader Adhir says the centre must come transparent on the Bitcoin problem.

Adhir Ranjan Chowdhury, the Congress’s Lok Sabha leader, requested the Union government on Monday to clarify the air on the cryptocurrency problem. On Sunday, Prime Minister Narendra Modi’s Twitter account was hacked for a short time, and a message in favour of bitcoin appeared on his page. “At a time when the government is considering […]

Business

December 10th: Bitcoin is trading at Rs 39 lakh, down 1.36 percent.

Early on December 10, cryptocurrencies were trading in the red. The worldwide crypto market capitalization has decreased to $2.28 trillion, down 3.40 percent from the previous day. The overall cryptocurrency market volume over the last 24 hours has increased by 2.96 percent to $105.34 billion. The overall volume in DeFi (Decentralized finance) is currently $15.04 […]

Business

In the United States, WhatsApp has launched a test programme for bitcoin payments.

WhatsApp has introduced a new trial programme that allows a “limited number” of individuals in the United States to send and receive money using cryptocurrencies from within a chat. Payments are done using Pax Dollars (USDP), a stablecoin pegged to the US dollar produced by Paxos, which is enabled by Novi, Meta’s digital wallet that […]

Business

The FBI has recovered $2.3 million in bitcoin linked to the REvil ransomware gang.

US authorities confiscated $2.3 million (about Rs 17 crores) in cryptocurrencies linked to the notorious hacker organisation ReVil. The defendant has been identified as a Russian national suspected of being linked to the ransomware group REvil. REvil ransomware is a file-encrypting malware that encrypts files and deletes ransom requests after infection. The message asks that […]

Business

As the crypto market plummets, a Bitcoin trader lost $2.5 billion in just 24 hours.

A Bitcoin trader lost at least USD $2.5 billion in a single day as the cryptocurrency market collapsed by 16.5 percent on Saturday. In the early hours of Saturday morning, the mystery trader, who owns 288,000 Bitcoin, experienced massive losses. On Friday, the trader had $16.29 billion in Bitcoin, according to BitInofCharts. The crypto market […]

Business

Cryptocurrency prices rose for Solana, SHIB, &; Ethereum, while Bitcoin and Tether fell.

Over the last 24 hours, the global crypto market capitalization increased by 1% to $2.61 trillion. Bitcoin, which is presently priced at $57,424, has lost 0.63 percent of its market domination in the last day, putting it at 41.57 percent. Over the last 24 hours, the overall cryptocurrency trading volume was $107.71 billion, down 2.55 […]

Business

The finance ministry stated that there is no proposal to recognise bitcoin as a currency.

In the winter session of Parliament, which began today, the government is expected to introduce a measure to regulate cryptocurrency. Bitcoin and other cryptocurrencies are based on blockchain technology, which is a decentralised ledger of transactions. On Monday, Union Finance Minister Arun Jaitley stated in Parliament that the central government does not gather any information […]

Business

Bitcoin, Ether, and Solana Crash as a New Covid-19 Variant Emerges.

The price of bitcoin plummeted on Saturday, hitting a seven-week low after a new coronavirus type was discovered in South Africa. According to CoinMarketCap, the world’s largest cryptocurrency has plummeted almost 6% in the previous 24 hours to $54,425.11. Bitcoin has dropped to its lowest level since October as a result of the rapid drop […]

Business

After being renewed, Bitcoin drops to $55K. COVID has shaken up traditional markets.

Following Thursday’s gains, the cryptocurrency appeared to be on track to go through $60,000, but COVID worries thwarted the move. On Friday, the financial markets were a sea of red, as fears about a new coronavirus variety appeared to have stifled risk appetite. Bitcoin is currently trading at $55,000, down 6.7 percent on the day, […]