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CRYPTO BUST
A 180% crypto rally shows new investing era as Bitcoin meltsMoney is moving from Bitcoin and Ether funds to crypto assets with a direct link to economic activity. The HYPE token, tied to the Hyperliq...- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- Crypto's Wild West moves need tamingCryptocurrencies are experiencing new volatility as institutional money enters the market. This shift is causing deeper price drops and slo...
- Zerodha's Nithin Kamath flags dangers in crypto F&O, explains why it may be in platform's interest if traders lose money"Crypto derivative exchanges exist in regulatory limbo. A bit like Schrödinger's cat—neither fully regulated nor unregulated. This ambiguit...
- CBI busts Rs 350 crore countrywide crypto ponzi scamThe CBI has registered a case against seven individuals involved in a Rs 350 crore crypto ponzi scam, conducting raids across multiple citi...
- Bitcoin rally masks bleaker picture emerging in cryptocurrency worldOn Wednesday, crypto exchange Kraken announced job cuts a person familiar with the matter said amounts to 15% of workers, while rival Coinb...
- Meta to wind down NFTs on platforms amid crypto bustThe company rolled out support for creators to share NFTs on Instagram and Facebook last year, when the speculative crypto asset had explod...
- Another crypto company goes bustOne of the world’s largest crypto lenders, Genesis froze withdrawals in November after the spectacular collapse of FTX.
- Bitcoin tops $22,000, crypto m-cap hits $1 tn. Is tide turning for the industry?Altcoins, meanwhile, beat the crypto behemoth as Polygon zoomed more than 13 per cent. Ethereum rallied over 7 per cent to top the $1,450 m...
- Triple trouble for crypto: Liquidity crunch, bear market, new tax rulesConsider this: Between January and March of this year, the average daily turnover on three of the leading crypto exchanges in India — Wazir...
- Bitcoin poised for biggest quarterly drop in more than a decadeThe 56% drawdown in the biggest cryptocurrency is the largest since the third quarter of 2011, when Bitcoin was still in its infancy, data ...
- Russians liquidating crypto in the UAE as they seek safe havensOne crypto firm has received lots of queries in the past 10 days from Swiss brokers asking to liquidate billions of dollars of bitcoin beca...
- NCB to probe cryptocurrencies after Bitcoin-linked drug bustThe agency has been investigating cases where drugs were bought using bitcoin, and recently it arrested Makarand Pardeep Adivirkar, who is ...
- Most existing cryptos will perish, Raghuram Rajan saysThe former Reserve Bank of India (RBI) governor Raghuram Rajan believes most of the existing cryptocurrencies will soon perish. Around 6,00...
- China arrests over 1,100 suspects in crackdown on crypto-related money launderingThe arrests came as authorities in China step up their crackdown on cryptocurrency trading. Last month, three industry bodies banned crypto...
- Bitcoin scales $51,000 for the first time amid crypto feverThe largest cryptocurrency rose as much as 4.8% to about $50,927, according to a composite of prices compiled by Bloomberg. The token is up...
- Bitcoin hits new record, set for biggest monthly gain since 2019The digital asset surged above $28,000 Wednesday to a record high, adding to its 47 per cent rally so far in December.
- Bitcoin soars above $23,000 as more Wall Street firms pile inBitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year.
- While cryptocurrency ventures struggle for funding, it's advantage lendingMost lenders in the crypto industry set up shop in 2017, initially offering enthusiasts a way to borrow cash without having to sell down th...
- Crypto's plunge just surpassed Dot-com bust as losses hit 80%The virtual-currency mania of 2017 has quickly given way to concerns about excessive hype.
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