Bitcoin

Elon Musk warns investors against spending lifetime savings in cryptocurrency

The video was released just a day before the Tesla made its bitcoin investment public on Sunday (February 7). Elon Musk was in West Hollywood and his fans asked him for an autograph and thus asked questions about investing in cryptocurrency, as reported by ABC.

Feb 18, 2021, 17:15 PM IST

Bitcoin trading likely to attract Income Tax, 18% GST: Reports

Ahead of the presentation of Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the Budget session of Parliament, as has been reported by several media publications, the report further added that both the taxes will be levied for the current fiscal year.

Feb 17, 2021, 14:37 PM IST

Bitcoin smashes through $50,000 for first time ever

Even as bitcoin laps into the mainstream, cryptocurrencies remain subject to patchy oversight around the world, with the lack of regulatory clarity and associations with crime keeping many larger investors leery of exposure. Some believe extreme volatility is a cause for concern.

Feb 16, 2021, 21:15 PM IST

Elon Musk buys Dogecoin for his baby, sparks 16% surge in currency

Similar to bitcoin, Dogecoin is a digital coin that is mainly used for e-transactions and its meme has a picture of the shiba inu on it. Invented by software engineers Billy Markus and Jackson Palmer in 2013, the price of Dogecoin saw a mammoth rise after Reddit traders targeted it.

Feb 11, 2021, 22:07 PM IST

Cryptocurrency demand soars after Tesla’s $1.5B investment in Bitcoin; govt warns virtual currency is like ponzi schemes

Elon Musk’s Tesla invested $1.5 billion in bitcoin while the cryptocurrency hit an all-time-high after the news. Earlier, in January this year, Bitcoin rallied above $30000 for first time. The Finance Ministry in its statement said that VCs are not backed by Government fiat.

Feb 10, 2021, 16:01 PM IST

Tesla invests $1.5 billion in Bitcoin, cryptocurrency surges to $44K

The announcement comes amid renewed interest shown by Musk in cryptocurrency and requests from Tesla customers for accepting bitcoin for buying the cars. Musk has also been sending tweets in support of Dogecoin over the past week, leading to a rise in the cryptocurrency's value.

Feb 09, 2021, 10:24 AM IST

THIS cryptocurrency is touted to be the next best bet after Bitcoin

According to industry players, Bitcoin which is hovering around $40,000. As India plans to introduce the 'Cryptocurrency and Regulation of Official Digital Currency Bill, 2021', to prohibit all "private cryptocurrencies" in the country, the industry stakeholders have come out in unison hoping that the Indian government would listen to all stakeholders before taking any decision.

Feb 08, 2021, 15:54 PM IST

Elon Musk back on Twitter and here's why his tweet pushes Dogecoin 50% higher

Actually, after the billionaire entrepreneur was back again on Twitter, he tweeted his support for cryptocurrency Dogecoin. According to data on blockchain and cryptocurrency website Coindesk, Dogecoin jumped to $0.05798. Elon Musk shared a series of tweets on Dogecoin. 

 

Feb 04, 2021, 15:57 PM IST

Elon Musk says THIS about Bitcoin; statement sends the cryptocurrency up 14%

Musk also chatted about COVID-19 vaccines, saying he expected an avalanche of them soon. He added that authorities should focus on giving out the first dose of vaccines soon and worry about the second shot later, to speed things up.

Feb 02, 2021, 13:34 PM IST

India mulls ban on cryptocurrency with new law; check details

The government is planning to introduce a law which will seek to prohibit the private cryptocurrencies in India and create a facilitative framework for an official digital currency issued by the Reserve Bank of India. The legislative is listed for debate in the ongoing parliamentary session.

Jan 30, 2021, 23:59 PM IST

Dogecoin pips popular Bitcoin: Know how it started as a joke but is dominating cryptocurrency market now

After the rise, it became a meme fest on the internet and the memes surged almost as much as the price of the cryptocurrency did. One user said, "Me dreaming of my #dogecoin hitting $1 while I sleep tonight." Another wrote, "Buy #dogecoin and achieve financial independence by the end of the day."

Jan 29, 2021, 21:19 PM IST

Why Bitcoin rose 14 % as Elon Musk changed his Twitter bio?

Bitcoin jumped as much as 14% on Friday (January 29) to a two-week high after Tesla Inc chief Elon Musk tagged the cryptocurrency in his Twitter biography. Elon Musk wrote simply "#bitcoin" in his biography on the social media site, Twitter. The world`s biggest cryptocurrency was up 10.2% at $36,901 as of 1005 GMT.

Jan 29, 2021, 19:57 PM IST

Stefan Thomas loses password to Bitcoin worth $220 million, says 'made peace with loss, time heals all wounds'

He said that hundreds of people have reached out to him with advice.

Jan 17, 2021, 19:51 PM IST

Cryptocurrency Bitcoin rallies above $30000 for first time

Digital currency Bitcoin extended its record smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is on its way to becoming a mainstream payment method.

Jan 02, 2021, 23:57 PM IST

Karnataka minor kidnapped in car, abductors demand Rs 17 crore in Bitcoin as ransom

A minor was kidnapped and the abductors have demanded Rs 17 crore in Bitcoin.

Dec 18, 2020, 18:19 PM IST

Bitcoin hits all-time peak of $20,800 for first time, gains over 170% this year

Bitcoin`s blistering rally has seen a massive flow of coin to North America from East Asia, fuelled by the hunger for bitcoin among bigger and compliance-wary US investors.

Dec 16, 2020, 22:37 PM IST

Bitcoin climbs towards all-time high after topping $19,000

The world`s most popular cryptocurrency was last up 4.8% at $19,225, just shy of its all-time record of $19,666 hit in December 2017. Bitcoin has gained around 25% in the last two weeks alone, and is up around 160% this year.

Nov 25, 2020, 09:28 AM IST

Hackers accessed DM inbox of 36 users in crypto hack: Twitter

The company said it was communicating directly with impacted account owners and will share updates "when we have them".

Jul 23, 2020, 16:36 PM IST

Twitter Hack: High-profile accounts hijacked; FBI launches investigation

A series of high-profile Twitter accounts were hijacked, with some of the platform's top voices - including U.S. presidential candidate Joe Biden, reality television show star Kim Kardashian, former U.S. President Barack Obama, billionaire Elon Musk, and rapper Kanye West, among many others - used to solicit digital currency. The Federal Bureau of Investigation (FBI) has launched an investigation after hackers hijacked Twitter accounts of a number of high-profile US figures in an apparent Bitcoin scam.

Jul 17, 2020, 18:56 PM IST

Cryptocurrency trading witness massive surge in India during COVID-19 lockdown

Cryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.

Jul 16, 2020, 13:08 PM IST