Indian crypto investors will reportedly be given a certain time frame to declare their crypto holdings, and must then hold their assets on crypto exchanges regulated by SEBI. According to reports from local media, the Indian government will not move for an outright ban...
The largest cryptocurrency by market capitalization saw three consecutive days of healthy gains end after Jerome Powell signaled that the U.S. Federal Reserve might accelerate the ending of its easy-money policies; ether approaches $4,800 before falling back. Good morning. Here’s what’s happening this morning:
President Nayib Bukele told a huge crowd at Bitcoin Week in El Salvador on Saturday night that El Salvador, the only country where bitcoin is legal tender, is planning to build an entire city based on the largest cryptocurrency. "Bitcoin City" will be built...
The CEO of Australia's largest bank, Commonwealth Bank of Australia (CBA), sees significant risks in not investing in bitcoin. He explained, "We see risks in participating, but we see bigger risks in not participating." In an interview with Bloomberg Television in Sydney on Thursday, Commonwealth Bank of Australia CEO Matt Comyn discussed the fear of missing out (FOMO) when it comes to bitcoin and cryptocurrency. The Commonwealth Bank of Australia, or Commbank, is an Australian international...
Though the skyrocketed price of Bitcoin for sometime crossed $60,000 but on Nov 16th Bitcoin (BTC) is sliding down, bullish analysts say no problem but 8% loss is very painful for long holder. Bitcoin finally closes large CME gap
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports. The Indian government is...
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...
Bitcoin dominated this week’s inflows, with a 99% share. Last week, bitcoin’s weekly inflows were at $70 million. Investors pumped a record $1.47 billion of new money into digital asset investment products last week, fueled by a rally in cryptocurrencies and the launch of...
Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. Tesla, the major electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In...
The retail giant is offering bitcoin through 200 of its Coinstar kiosks in a tie-up with crypto ATM firm Coinme. We made sure it’s real. Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. stores.