Cryptocurrency Financial News

01.07 / 10:05

cryptocurrency European Union Money Bitcoin EU agrees on landmark crypto regulation in wake of Terra meltdown and Bitcoin plunge

The European Union has agreed on landmark rules for regulating the cryptocurrency industry, whose meltdown has been wiping out fortunes and sparking calls for tighter scrutiny worldwide.

01.07 / 07:25

cryptocurrency Bloomberg London Bitcoin Drop Bitcoin poised for biggest quarterly drop in more than a decade

Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment. The 56% drawdown in the biggest cryptocurrency is the largest since the third quarter of 2011, when Bitcoin was still in its infancy, data compiled by Bloomberg show. The decade in between those hallmarks saw several booms and busts, with cryptocurrencies’ market value swelling as they gained more widespread adoption and ultra-low interest rates spurred risk taking. But the current bear market stands out for the amount of crypto leverage that’s been unwound — and for the regulatory scrutiny being heaped on an asset class many central banks now consider a threat to financial stability.

01.07 / 06:09

cryptocurrency Binance Web3 TikTok's most followed creator Khaby Lame is the new face of crypto exchange Binance

Cryptocurrency exchange Binance has signed TikTok's most followed creator Khaby Lame as its global brand ambassador.

01.07 / 05:43

cryptocurrency Personal Finance Tax Six important money matters that need your attention this July

Whether you’re an investor in a mutual fund or a cryptomaniac or an income-tax payer, there are a number of important money changes that will affect your money box in July. Read on to find out what they are.

01.07 / 04:51

cryptocurrency World News Bitcoin Bitcoin falls below $19,000, further shaking crypto markets

Bitcoin dropped 6.1% to $18,866.77 at 2004 GMT on Thursday, putting the biggest and best-known cryptocurrency down $1,226.41 from its previous close and down 60.9% from the year's high of $48,234 on March 28.

30.06 / 18:11

cryptocurrency regulation Central Bank Bitcoin committee Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal

After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.”

30.06 / 15:19

business cryptocurrency Cryptos Are "Clear Danger" As Value Based On Make Believe: RBI Governor

Cryptocurrencies clear danger, says RBI Governor

30.06 / 15:13

UPS cryptocurrency Bitcoin Drop Bitcoin set for biggest quarterly drop in more than a decade

Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.

30.06 / 15:13

cryptocurrency Reserve Bank of India (RBI) Cryptocurrencies clear danger, says RBI Governor

Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as ”clear danger” and said that anything that derives value based on make believe, without any underlying, is just speculation under a sophisticated name.

30.06 / 14:45

Ethereum cryptocurrency Money Bitcoin Deal How to deal with crypto turbulence: Investors give their top tips on weathering a crypto winter

When Doug Milnes started buying cryptocurrencies in January of this year, he felt like it could become an entirely new asset class for investors.

30.06 / 13:09

cryptocurrency CryptoExplainer crypto news Deal European Union Seeks Deal On Ground-Breaking Rules For Crypto Regulation

EU seeks deal on ground-breaking rules to regulate crypto

30.06 / 12:37

cryptocurrency ETF Bitcoin Bitcoin Etf This Firm To Launch Europe's First Bitcoin Exchange-Traded-Fund

Earlier this month, Bitcoin fell to as low as $17,592.78.

30.06 / 09:31

cryptocurrency Extreme Bitcoin Deal Here's How Investors Can Deal With Crypto Turbulence

Bitcoin fell from a high of more than $67,000 to its current level just below $20,000.

30.06 / 07:51

cryptocurrency Personal Finance Tax Selling cryptocurrencies bypassing exchange? Here’s how you need to deduct 1% TDS

From July 1, you will have to pay 1 percent TDS (tax deducted at source) on transfer of a virtual digital asset (VDA), as per a new income-tax section, 194S, introduced in the Finance Act, 2022. The TDS is required to be made at the time the buyer makes the payment to the seller. In its previous circular, dated 22 June, the Central Board of Direct Taxes (CBDT) made it clear that onus of withholding TDS will be on the buyer, exchange or broker. Read more about it here.

30.06 / 06:47

cryptocurrency World News North Korea may be behind new $100 million cryptocurrency hack, experts say

North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a U.S. company, three digital investigative firms have concluded.

30.06 / 06:17

cryptocurrency shiba inu price Shiba Inu Shiba Inu burns about 400 trillion tokens to cap supply; bleeds 13%

Among them is Shiba Inu (SHIB), the second-largest meme coin, which has tumbled almost 13 per cent in the last few hours, back into the red on a weekly basis. The token, which trades for some fractional cents, plunged to $0.000009699 on Wednesday from $0.00001108. However, it was trading for $0.000009859 at 13.45 hours IST.

30.06 / 06:03

cryptocurrency crypto prices Bitcoin Cryptocurrency Prices Today June 30: Bitcoin, Ether in red; Dogecoin edges up

Most cryptocurrencies traded in the red early on June 30 as the global crypto market cap dropped by 2.39 percent to $891.09 billion over the last 24 hours.

29.06 / 16:59

cryptocurrency Tax Russia approves tax break on crypto and digital assets to soften blow of Ukraine sanctions

Russian lawmakers on Tuesday approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax.

29.06 / 16:47

cryptocurrency Crypto crash Crypto Firm Three Arrows Capital Becomes First Meltdown Casuality: Report

Crypto hedge fund Three Arrows Capital has entered liquidation: Report

29.06 / 12:31

cryptocurrency crypto news Russia Approves Tax Break For Issuers Of Digital Assets

Russian parliament approves tax break for issuers of digital assets

29.06 / 07:25

cryptocurrency World News Bitcoin fall A $2 trillion free-fall rattles crypto to the core

For a generation of alienated techies, crypto's all-for-one ethos was its biggest draw. Now panic is spreading across this universe — and that same ethos is posing what may be the biggest threat yet to its survival.

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