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Bitcoin tumbles 10% on Facebook grill by US senators in regard to crypto plans

Bitcoin tumbles 10% on Facebook grill by US senators in regard to crypto plans

Wed, Jul 17, 2019

The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10 per cent in value after US lawmakers grilled Facebook on its cryptocurrency plans.

Bitcoin U-turn: Facebook eases bans on cryptocurrency ads

Bitcoin U-turn: Facebook eases bans on cryptocurrency ads

Wed, Jun 27, 2018

Facebook said on Tuesday that it is taking steps to ease a January policy banning financial products and services associated with cryptocurrency. Rob Leathern, Product Management Director at Facebook, said in an official blog post that the world`s largest social media network has "looked at the best way to refine this policy -- to allow some ads while also working to ensure that they`re safe."

Bitcoin scam: Bhardwaj brothers arrested at Delhi airport in Rs 2000 cr case

Bitcoin scam: Bhardwaj brothers arrested at Delhi airport in Rs 2000 cr case

Fri, Apr 06, 2018

Amit Bhardwaj and his brother Vivek Bhardwaj, owners of GainBitcoin and GB mining who allegedly duped over 8,000 persons to the tune of Rs 2000 crore, were arrested by a team of Pune police from Delhi airport on Thursday.

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Virtual currencies: ICAI to come out with concept paper

Virtual currencies: ICAI to come out with concept paper

Wed, Feb 14, 2018

Virtual currencies are stored in digital or electronic format, making them vulnerable to hacking, loss of password and malware attack, which may also result in permanent loss of money.

Capital gains tax on Bitcoins! Pay 30% for 36 months, 20% beyond

Capital gains tax on Bitcoins! Pay 30% for 36 months, 20% beyond

Tue, Feb 13, 2018

The government may have outlawed cryptocurrencies, including Bitcoins, in Budget 2018, it will charge capital gains tax on the same.

Giving bitcoins as a 'gift' new fad among investors to escape taxes

Giving bitcoins as a 'gift' new fad among investors to escape taxes

Fri, Jan 26, 2018

People may have been easily gaming the system to avoid taxes as no transparent rules are there to follow, said an expert.

India's first bitcoin trading app launched

India's first bitcoin trading app launched

Thu, Dec 28, 2017

Pluto Exchange Founder and Chief Executive Bharat Verma said his company is all set to launch the country`s first app-based wallet that enables bitcoin transactions using a mobile number.

Cryptocurrency stocks holding gains despite bitcoin pullback

Cryptocurrency stocks holding gains despite bitcoin pullback

Sat, Dec 23, 2017

Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and scepticism from market participants.

Bitcoin falls more than 10 percent on Bitstamp

Bitcoin falls more than 10 percent on Bitstamp

Wed, Dec 20, 2017

The price of bitcoin fell more than 10 percent on Wednesday to as low as $15,800 at a cryptocurrency exchange Bitstamp.

Taxes you need to pay after making profit from bitcoin

Taxes you need to pay after making profit from bitcoin

Mon, Dec 11, 2017

Many Indians are rushing to sell their bitcoins as there is no clarity on the tax implication on these investments. The very basic legal status of bitcoins is ambiguous and changes every fortnight, it is indeed interesting to know how bitcoin traders are dealing with the tax issues.

Bitcoin futures surge past $18,000; Asian shares firm

Bitcoin futures surge past $18,000; Asian shares firm

Mon, Dec 11, 2017

The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a closely-watched launch, while Asian shares climbed amid optimism about global growth.

Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet

Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet

Mon, Dec 11, 2017

Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday`s Asian session on expectations the Federal Reserve will stick to its tightening path.

RBI reiterates caution against use of Bitcoins, virtual currencies

RBI reiterates caution against use of Bitcoins, virtual currencies

Tue, Dec 05, 2017

A third warning by the RBI against the use of Bitcoins and virtual currency was flagged today.

Can bitcoins be a safe haven for investors in troubled times around the world?

Can bitcoins be a safe haven for investors in troubled times around the world?

Thu, Jun 01, 2017

The value of the bitcoin has more than doubled over the last 5 months mainly due to insecurities around the US President Donald Trump and the controversies surrounding his government.

Bitcoin: Can RBI ignore the elephant in the room?

Bitcoin: Can RBI ignore the elephant in the room?

Fri, Mar 03, 2017

On March 1, RBI Deputy Governor R. Gandhi raised concerns over virtual currencies.

RBI cautions against use of bitcoins, other virtual currencies

RBI cautions against use of bitcoins, other virtual currencies

Thu, Feb 02, 2017

The Reserve Bank of India (RBI) has cautioned the users of virtual currencies, including bitcoins, pointing out that it has not issued any licence or authorisation to any company to trade in these and that the users are doing it at their own risk.

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