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Business News/Topic/    Crypto Currency

CRYPTO CURRENCY

Cryptocurrency is a digital currency which was created as an alternative form of payment using encryption algorithms. They’re blockchain technology-based intangible assets. They require a digital wallet to be used that stores your encryption keys that confirm your identity and link to your cryptocurrency. They’re relatively new and are a volatile market trade that is currently at the peak of its growth. These currencies can be mined and traded on online platforms but are risky financial assets. There are many cryptocurrencies available at present. Bitcoin is the most commonly known, traded and tracked cryptocurrency. Apart from that, there are many more such as Litecoin, Ripple, Ethereum, Bitcoin Cash, etc. These do not exist in physical form and are not issued by any of the central banks around the world, these are not even regulated by the central banks or governments. In fact, governments and economists have many-a-times condemned cryptocurrencies on public forums. Get the latest cryptocurrency news, videos, headlines, opinions, reports and more here.
Ravi Agarwal, chairman, CBDT Premium

CBDT probes crypto-related tax evasion

2 min read . 14 Jun 2025
Bitcoin Price Today: The original cryptocurrency fell more than 20 per cent in February. If the decline holds through the end of Friday, it would mark the biggest monthly drop since June 2022 (Pixabay) Premium

Bitcoin trades 25% below all-time high amid crypto sell-off over Trump tariffs

2 min read . 28 Feb 2025
In the past month, investors have allocated over $5 billion across nine newly launched Bitcoin exchange-traded funds (Reuters / Marco Bello) Premium

Bitcoin hits $57,000 mark, the highest in two years on strong ETF inflows

2 min read . 27 Feb 2024
In the past six months, bitcoin’s price has risen by 100 per cent. Premium

Bitcoin rally: What is bitcoin halving which is responsible for the surge?

3 min read . 21 Feb 2024
Franklin Templeton becomes eight company to venture into crypto ETF space with spot Ethereum ETF (Pixabay) Premium

Franklin Templeton registers for spot Ethereum ETF amid growing competition

1 min read . 13 Feb 2024
The wild price fluctuations seen since the introduction of Bitcoin more than a decade ago have long been one of the main attractions to speculators. Premium

Bitcoin surges to $50,000 for the first time since 2021 on ETF demand

3 min read . 13 Feb 2024
Bitcoin prices: Bitcoin remains about $23,000 below the record high the token hit in 2021, during a pandemic-era bull run oiled by easy money. (REUTERS/Marco Bello) Premium

Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans

1 min read . 09 Feb 2024
Fraud investment platforms allow investors to invest money in large sums but later block the withdrawals. Premium

Indian banker in London loses over ₹1.2 crore to scamster he met on matrimonial site

3 min read . 07 Feb 2024
Spokespersons laud the announcement of ₹1 lakh crore corpus as long-term loans to encourage innovation in sunrise sectors Premium

Budget 2024: Crypto industry’s wait for lower tax rates continues

2 min read . 01 Feb 2024
Finance Ministry in 2022 introduced one percent TDS on crypto transactions and 30 percent tax on capital gains that accrued on the sale of cryptocurrencies. Premium

Budget 2024: Crypto industry players want 1% TDS to be slashed

2 min read . 25 Jan 2024
Bitcoin price: The world's largest cryptocurrency was last down 3.98% at $39,938.00, trading at its lowest since Dec. 4 Premium

Bitcoin falls to $40,000, at seven-week low amid Bitcoin ETF launch

1 min read . 23 Jan 2024
Earlier this month, spot bitcoin ETF was given a green signal by US markets regulator Securities Exchange Commission (SEC), pushing bitcoin prices higher. Premium

Bitcoin - 15 years and counting: Key facts to know about the first cryptocurrency

4 min read . 22 Jan 2024
India investors can invest in bitcoin ETFs via Liberalised Remittance Scheme. Premium

Spot bitcoin ETFs: Can Indian investors make hay while the sun shines?

2 min read . 16 Jan 2024
Cryptocurrencies aren't traditional assets like stocks, bonds, or gold, and their investment logic differs significantly. Premium

Bitcoin ETFs approved by SEC: What’s in it for you?

1 min read . 13 Jan 2024
Bitcoin ETF. REUTERS/Benoit Tessier//File Photo (REUTERS) Premium

Bitcoin ETF approval: Indian investors too can participate - here's how

2 min read . 12 Jan 2024
Grayscale Bitcoin Trust ETF (GBTC) signage on the floor of the New York Stock Exchange (NYSE) (Photographer: Michael Nagle/Bloomberg) Premium

US Bitcoin ETFs garnered $4.6 billion in trading volume after SEC approval

2 min read . 12 Jan 2024
Bitcoin price advanced over 5% on Thursday, January 11 Premium

Bitcoin price surges 5% to $49,000, daily trading volume reaches $52 billion

3 min read . 11 Jan 2024
Notably, SEC has rejected many such applications seeking approval for spot bitcoin ETF in the past 10 years. Premium

Spot Bitcoin ETF: A paradigm shift in the world of cryptos?

3 min read . 11 Jan 2024
Market participants expect the Bitcoin ETF approval to widen crypto’s investor base. Premium

Bitcoin price rises above $47,000 after US SEC approves ETFs

1 min read . 11 Jan 2024
The bitcoin prices have rallied over 60 percent since October on expectations that SEC will greenlight one or more spot ETFs in early 2024. Premium

What are spot-bitcoin ETFs and why are they driving bitcoin prices upward?

2 min read . 10 Jan 2024
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