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cryptocurrency

Cryptocurrency ALERT!! Ban on Bitcoin, others over, but beware, you can lose your money; read warning

Cryptocurrency ALERT!! Ban on Bitcoin, others over, but beware, you can lose your money; read warning

Thu, Mar 05, 2020

Cryptocurrency has now become a legal trade in India as the Supreme Court on Wednesday quashed RBI's ban on the virtual currency trade - this includes Bitcoin.

JPMorgan's Dimon says Facebook's Libra currency 'will never happen'

JPMorgan's Dimon says Facebook's Libra currency 'will never happen'

Sun, Oct 20, 2019

Facebook`s Libra digital currency project is "a neat idea that will never happen," JPMorgan Chase chief executive Jamie Dimon said on Friday,

Mobile banking app sues Facebook over Calibra logo

Sun, Oct 13, 2019

Facebook's Libra cryptocurrency project has hit another roadblock, as a mobile banking app has sued its Calibra subsidiary over similar logos.

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Cryptocurrency firm Robinhood wins New York trading license

Cryptocurrency firm Robinhood wins New York trading license

Fri, Jan 25, 2019

Robinhood is an online brokerage platform that allows retail investors to trade U.S. stocks and exchange traded funds, without paying any commissions. It competes with established brokerage houses such as TD Ameritrade and E*Trade Financial Corp.

Cryptocurrency fraud: Beware! Save your money - How not to fall into this cheating trap

Cryptocurrency fraud: Beware! Save your money - How not to fall into this cheating trap

Thu, Jan 10, 2019

Cryptocurrency fraud: Next time someone approaches you to invest in virtual currency, beware!

Jammu and Kashmir Police warns against investing in cryptocurrency

Jammu and Kashmir Police warns against investing in cryptocurrency

Wed, Jan 02, 2019

The Reserve Bank of India (RBI) has not given any license and authorisation to any entity and company to operate in such schemes or deal with bitcoin or any virtual currency, and such cryptocurrencies do not have any regulatory permission or protection in India, the advisory stated.

Bitcoin under $3,500 now! This cryptocurrency's journey is hair-raising

Bitcoin under $3,500 now! This cryptocurrency's journey is hair-raising

Mon, Nov 26, 2018

Bitcoin, the virtual currency which had made many millionaires after it witnessed a steep rise in its value last year has, since then, has made many others poorer by same amounts over the recent weeks.

Bitcoin falls below USD 5,000 for first time since Oct 2017

Bitcoin falls below USD 5,000 for first time since Oct 2017

Tue, Nov 20, 2018

Bitcoin is now down more than 30 percent since last Thanksgiving, when it gained household-name status and became a common topic around dinner tables.

Nasscom calls Cryptocurrency illegal; asks players to obey the law and seek govt clarification

Nasscom calls Cryptocurrency illegal; asks players to obey the law and seek govt clarification

Thu, Oct 25, 2018

Ghosh said from Nasscom perspective, it was very clear that cyptocurrencies were illegal.

Japanese messaging app operator Line to launch cryptocurrency

Japanese messaging app operator Line to launch cryptocurrency

Fri, Aug 31, 2018

The company said the digital coin "LINK" will be given as rewards to users of its services and could be traded with other cryptocurrencies at its crypto exchange, BITBOX. The coin is not available for users in Japan and the United States for regulatory reasons, it said.

Singapore's Golden Gate Ventures launches $10 million cryptocurrency fund

Singapore's Golden Gate Ventures launches $10 million cryptocurrency fund

Fri, Aug 10, 2018

Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups.

Bitcoin is trash? See how Mastercard CEO Ajay Banga blasted cryptocurrencies

Bitcoin is trash? See how Mastercard CEO Ajay Banga blasted cryptocurrencies

Thu, Jul 26, 2018

"I think crypto-currency is junk .The idea of an anonymized currency produced by people who have to mine it, the value of which can fluctuate wildly - that to me is not the way that any medium of exchange deserves to be considered as a medium of exchange," Mastercard President and CEO Ajay Banga said.

Cryptocurrency trading: No escaping taxation on income earned

Cryptocurrency trading: No escaping taxation on income earned

Wed, Jul 11, 2018

A number of investors had anticipated this move had exited their positions right after the RBI directive. These individuals will come under the tax bracket and will have to figure out the slab rate and do the needful. However, there are individuals who believe in the crypto ecosystem and are still holding on to their positions. In the absence of a clear categorisation or recognition of the crypto assets by the government, it will be difficult for tax authorities to ascertain a benchmark value for crypto assets.

Bitcoin moves near $7,000 after Square's Cash app gets crypto trading approval in New York

Bitcoin moves near $7,000 after Square's Cash app gets crypto trading approval in New York

Tue, Jun 19, 2018

Bitcoin is trading today at $6,762.04, above 4.24%, with a market valuation of $115.65 billion, as per CoinMarketCap.

Cryptocurrencies find favour with rich; HNWIs want better advice on virtual currencies

Cryptocurrencies find favour with rich; HNWIs want better advice on virtual currencies

Tue, Jun 19, 2018

Rich people are increasingly showing interest in cryptocurrencies and want more information about the virtual currencies from their wealth managers, according to a report released today

12 cryptocurrencies shining today; it’s not Bitcoin or Ethereum; find which are these

12 cryptocurrencies shining today; it’s not Bitcoin or Ethereum; find which are these

Mon, Jun 18, 2018

If we look closely, 10 digital coins are shining in today’s trading session. Surprisingly, Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin and Stellar are out of the best performers’ list.

Forget $20,000 or $6,000 mark, Bitcoin may reach $60,000 in 2018?; here’s how?

Forget $20,000 or $6,000 mark, Bitcoin may reach $60,000 in 2018?; here’s how?

Mon, Jun 18, 2018

Bitcoin’s valuation is very volatile. At first, it showed a great movement, if we look at cryptocurrency history, by touching nearly $20,000-mark, then it entered below $10,000, and further went down to almost $6,000.

Why were cryptocurrencies banned in India? Even RBI has no answer; all details here

Why were cryptocurrencies banned in India? Even RBI has no answer; all details here

Wed, Jun 13, 2018

It was highlighted that, even banks did not assign any internal committee that looks at trading in virtual currencies.

Cryptocurrency dilemma: Bitcoin loses flavour, but still won’t die, here's why

Cryptocurrency dilemma: Bitcoin loses flavour, but still won’t die, here's why

Tue, Jun 12, 2018

Bitcoin rebounded after taking a tumble on Tuesday, and was trading at $6,870.94 up by 1.20%. The market cap of Bitcoin stood at $117.28 billion for now.

Facebook may soon bring it’s own cryptocurrency; Bitcoin hovers near $9,000-mark

Facebook may soon bring it’s own cryptocurrency; Bitcoin hovers near $9,000-mark

Sun, May 13, 2018

People familiar with Facebook told Cheddar, “They are very serious about it.” Interestingly, Facebook is planning this idea for more than a year now.

Lost money in Bitcoin, other cryptocurrencies? Police won't even lodge complaint

Lost money in Bitcoin, other cryptocurrencies? Police won't even lodge complaint

Wed, May 09, 2018

With the government and the regulatory authority taking a stand that cryptocurrencies were not legal, there was little hope for traders of recovery of their money, they said. “They (traders) are vulnerable. What happened before the stock market was regularised is happening now. People are forming fake companies and selling bitcoins and other cryptocurrencies, which have no value. There is no way people can get their money back once the website is shut down,” said one of the industry insiders.

Cryptocurrency firms plan for survival, move overseas as RBI steps up heat

Cryptocurrency firms plan for survival, move overseas as RBI steps up heat

Mon, Apr 09, 2018

Indian players associated with crypto coin business, like Manu Prashant Wig’s BFX Coin and Amit Lakhanpal’s newly Al Kasir Group, are planning to shift their business in Dubai. Lakhanpal has started a company, Al Kasir Group, in Dubai.

Should you invest in cryptocurrencies? Here are 5 steps to follow

Should you invest in cryptocurrencies? Here are 5 steps to follow

Tue, Apr 03, 2018

Cryptocurrency investment: During great booms and busts, there is always much more noise than real signals to buy or sell. But a shrewd trader/investor always has the ability to see through the near-term noise and extreme price fluctuations and take a directional bet. This column believes that while money will still be made in the crypto space, the days of easy money are far behind us. Everybody is a genius in a rising market, but those who can make money or even limit their downside in a falling or sideways market will build wealth over the long term

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