Cryptocurrency Financial News

26.02 / 16:01

cryptocurrency Charity Donations Crypto Companies Crypto Companies Increasing Efforts To Help Ukrainians, Crypto.com and Blockchain.com Join In

As Vladimir Putin pushes unrelentingly to overtake Ukraine, numerous segments of the wider society have stepped up to do what they can from their side to help the people of Ukraine, including crypto companies.

26.02 / 13:45

cryptocurrency Money Bitcoin Bitcoin mining was actually worse for the environment since China banned it, a new study says

Despite a crackdown on Bitcoin in China last year, mining the largest cryptocurrency actually got much dirtier and emits around the same amount of CO2 annually as a country the size of Greece, a new study shows.

26.02 / 10:31

cryptocurrency crypto currency bitcoins Supreme Court SC seeks clarity from govt on legal status of Bitcoin

New Delhi: The Supreme Court on Friday sought clarity from the government on the legal status of Bitcoin in the country, days after the finance minister taxed crypto trading transactions at 30 per cent. The issue cropped up in a criminal case where the accused is facing charges of defrauding people in a crypto-currency scam. A bench led by Justice D.Y. Chandrachud granted him interim protection from arrest till the next hearing but sought more clarity on the legal status of crypto currency.

26.02 / 10:31

cryptocurrency Binance Crypto Exchange WazirX to assist developers to build their crypto exchange, will release APIs

WazirX, a homegrown cryptocurrency exchange, said it will be releasing tools for entrepreneurs to build their own cryptocurrency exchanges under its program BUIDL With WazirX. The announcement comes after the government has given some sort of legitimacy to cryptocurrencies after levying a tax on them. Though, the Finance Ministry has categorically denied that the move makes them legal in India. “WazirX aims to take the ecosystem to the next level by helping aspiring crypto entrepreneurs navigate the landscape. The platform will provide various tools and capabilities to entrepreneurs by releasing its APIs, thereby giving them access to over 300 trading pairs,” the company said.

26.02 / 06:29

Ethereum cryptocurrency Bitcoin Cryptocurrency Prices Today: Bitcoin, Ethereum recover to trade in green

The global cryptocurrency market capitalisation rose 4.01 percent over the last 24 hours to $1.80 trillion, while trading volumes were down about 36.17 percent to $97.59 billion during the same period.

26.02 / 01:07

cryptocurrency Ether Bitcoin fall Stablecoins gain as Bitcoin, Ether fall after Russia invades Ukraine

Stablecoins, which are virtual tokens pegged to traditional currencies such as the U.S. dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks and bitcoin after Russia launched a full-scale invasion of Ukraine. Most stablecoins were slightly higher on the day. Their market capitalization was up 0.3% at $182.5 billion, according to cryptocurrency data tracker coinmarketcap.com. Its daily trading volume, though, surged 75% to $108.1 billion. In contrast, both bitcoin and ether dropped to one-month lows. Bitcoin was last down 3.1% at $36,121, while ether slid 4.1% to $2,475, following Russia's invasion.

25.02 / 17:40

business cryptocurrency Supreme Court Centre SC asks Centre to clear its stand on legality of cryptocurrency trade in India

The Supreme Court on Friday asked the Centre to make its stand clear on whether cryptocurrency trade involving Bitcoin or any other such currencies is legal in India or not.

25.02 / 17:29

Ethereum cryptocurrency Bitcoin analysts recovery fall Despite Recovery, Bitcoin and Cryptos Have More Room to Fall, Say Analysts, Pointing at a Buy Signal

While the crypto markets have been recovering on the second day of Russia's attack on Ukraine, crypto industry insiders have warned that digital assets may have further to fall -- and argued that a bottoming in stocks could be taken as a buy signal for crypto.

25.02 / 16:45

cryptocurrency Charity crypto donations Charities Ukraine charities and NGOs raise $4 million in crypto donations since the start of Russia’s invasion

Ukrainian charities and volunteer groups have raised over $4 million (€3.5 million) in cryptocurrency donations since the beginning of the ongoing invasion by Russian troops, according to the blockchain analysis firm Elliptic.

25.02 / 15:47

cryptocurrency NOT Russia-Ukraine Crisis: Cryptocurrencies will not be shielded from global volatility, says industry

With wars come worries and uncertainty and that is exactly what has been visible in how global markets have been reacting to Russia’s invasion of Ukraine. Stock markets plunged in trade on February 24 after Russian President Vladimir Putin announced a military operation, and cryptocurrencies were not spared from the aftermath.

25.02 / 12:55

Dogecoin Ethereum cryptocurrency Bitcoin Top cryptocurrency prices today: Bitcoin, Ethereum, Terra zoom up to 17%; Dogecoin falls

cryptocurrency market following Russia's invasion of Ukraine halted on Friday as top crypto tokens showed strength amid low-level buying. Barring the US dollar-pegged Tether and Dogecoin, all of the top digital tokens were trading higher. Terra zoomed 17 per cent, followed by an 8 per cent rise in Bitcoin and Solana each. Avalanche rallied 7 per cent. The global cryptocurrency market cap today is $1.81 trillion, a rise of 3 per cent in the last 24 hours. Total cryptocurrency trading volume on the last day was at $155 billion. Popular trends of the industry right now are Defi and Play to Earn.

25.02 / 11:09

cryptocurrency crypto winter Spectre of ‘crypto winter’ spooks all

Mumbai: Most new crypto investors are in panic mode as the fourth correction in two months has set off fears of a ‘crypto winter’ after Russia’s invasion of Ukraine resulted in a major sell-off in cryptocurrencies on Wednesday night. The crypto markets were in a slump for most of 2018, what is now referred to as a «crypto winter.» In the last two months, Indian crypto investors have had to deal with regulatory ambiguity and the announcement of high tax rates on crypto gains on top of rising volatility in digital assets, which dragged their investments into the red.

25.02 / 08:13

cryptocurrency Target Digital Russia Ukraine How Crypto May Help Russia And Its Billionaires Go Around Sanctions

The legal status of cryptocurrencies in Russia is in flux.

25.02 / 07:23

cryptocurrency Bitcoin Crypto markets plunge following Russia’s invasion of Ukraine

Mumbai: The global cryptocurrency market plunged 11% on Thursday, as Russia sent troops to Ukraine in what it termed as a “special military operation” but widely condemned by Western powers as an outright invasion. The most valuable crypto assets have dropped between 10% and 18% since Wednesday as the geopolitical conflict escalated, sending tremors across global markets.Bitcoin fell to its lowest level since January 24 below $35,000 before inching slightly over that mark, according to market tracker Coingecko.com.

25.02 / 05:45

cryptocurrency coinbase Bitcoin Crash Bitcoin Cryptocurrency Prices Today: Markets recover slightly as Bitcoin, Ethereum trade in green

The global cryptocurrency market-capitalisation rose 2.45 percent over the last 24 hours to $1.72 trillion, while trading volumes were up about 4,34,773.31percent to $152.06 billion during the same period.

25.02 / 05:45

cryptocurrency NFT Bitcoin guidelines What ASCI's new crypto guidelines mean

ASCI) released guidelines for crypto or virtual digital assets (VDAs) related advertisements on Wednesday, applicable from April 1. Earlier advertisements and promotions must not appear in the public domain unless they comply with the new guidelines after April 15, 2022. Pratik Gauri, Founder and CEO of 5ire, said that India does not have room for laissez-faire market notions. The government is aiming to protect hard-earned money with the updated ASCI regulations.

25.02 / 04:23

cryptocurrency Ban Bitcoin Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners

A number of Chinese provinces have increased the rate at which crypto miners must pay for electricity – despite the fact that mining has been outlawed in the nation.

24.02 / 16:45

Blockchain Ethereum cryptocurrency Ethereum's Russian-born co-founder Vitalik Buterin slams Kremlin calling Ukraine invasion 'a crime'

Vitalik Buterin, the Russian-Canadian co-founder of the Ethereum blockchain, railed against Russian president Vladimir Putin and the invasion of Ukraine on Thursday, condemning it as a "crime against the Ukrainian and Russian people".

24.02 / 16:17

cryptocurrency Bitcoin Here's What the Cryptoverse Has to Say About Russian Invasion of Ukraine

Many in the cryptoverse have taken it to social platforms to condemn the Russian invasion of Ukraine -- with people highlighting that this will put the lives of millions of civilians at stake, adding that it is essential now to "have some perspective" and not only worry about portfolios.

24.02 / 15:08

cryptocurrency economics Bitcoin With War Starting and Markets Dropping, Questions Multiply About Central Banks’ Policies

As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming decisions.

24.02 / 13:41

cryptocurrency defi Gaming Prime Venture Partners' fourth fund gets oversubscribed, closes at $120 mn

Early-stage venture capital (VC) fund Prime Venture Partners has closed its fourth and largest fund at 20 percent higher than the planned quantum, amidst continuing investor interest in Indian startups.

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