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Bitcoin Miners Fall Even as CEOs Say They’re Ready for Halving

Bitcoin miners are seeing a sharp decline in their stock prices as a code update for the largest cryptocurrency that will drastically reduce revenue is set to happen later this week.

1 min read17 Apr 2024
Markets

Bitcoin tumbles nearly 8%, settling at $63,000 from March-April highs amid the Israel-Iran crisis

Overall Bitcoin has slumped 16.2 percent or $10,000 from its year's high of $73,794 recorded on March 14.

2 min read14 Apr 2024
Markets

Bitcoin reclaims $70,000 level as halving is just around the corner. But crypto experts call for caution — here is why

Ahead of the bitcoin halving event, the price of the most popular crypto token touched $70,600 in the global crypto exchanges, surging 4.5 per cent in the past 24 hours.

2 min read11 Apr 2024
Markets

Bitcoin halving expected on April 20, here's what it means; should you invest?

If historical patterns are to be followed, the prices of BTC might not undergo a significant surge before two months post halving. However, Bitcoin has already defied that by reaching its all time high before the halving, for the first time ever, Rajagopal Menon, VP, WazirX, told Livemint.

3 min read9 Apr 2024
News

SEC Wins Trial in Novel ‘Shadow’ Insider Trading Crackdown

The US Securities and Exchange Commission won a jury verdict in its ground-breaking insider-trading case that seeks to bar employees from using non-public information about their own company to place bets on rival stocks.

2 min read6 Apr 2024
News

OneCoin Legal Head Gets Four Years in $4 Billion Crypto Scam

The former head of legal and compliance for the phony cryptocurrency OneCoin was sentenced to four years in prison after admitting she helped launder hundreds of millions of dollars in proceeds from the scam.

2 min read4 Apr 2024
Markets

Bitcoin plummets 5.50% on fading Fed rate cut expectations, down nearly 10% from peak

Bitcoin's price dropped by 5.60% to $66,650 due to fading enthusiasm in the crypto market. US manufacturing showed growth in March after 16 months of contraction, raising expectations that the Federal Reserve may not cut rates in June. Bond traders adjusted expectations for monetary policy easing.

1 min read2 Apr 2024
Markets

Bitcoin gained 150% in FY24, to remain in positive trajectory in FY25: Experts

As we look back on Bitcoin's performance in FY24 and look ahead FY25, the optimism surrounding this digital asset remains high, Sumit Gupta, co-founder, CoinDCX, told Livemint.

3 min read29 Mar 2024
News

Crypto Wunderkind to 25-Year Sentence: 10 things to know about Sam Bankman-Fried the 'Crypto King'

Crypto Wunderkind to 25-Year Sentence: Hailed as a crypto prodigy just a year ago, Sam Bankman-Fried (SBF) now faces 25 years in prison for an $8 billion FTX fraud. His meteoric rise from billionaire to convicted felon exposes the dark side of unchecked ambition in the crypto world

1 min read29 Mar 2024
Markets

Bitcoin gains 7%, climbs back to $70,000 following decline due to US ETF withdrawals

Other cryptocurrencies like Ether experienced an approximately 6% increase in value, while Solana and Dogecoin surged by over 4%.

1 min read26 Mar 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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