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Thursday, May 06, 2021

cryptocurrency

CRYPTOCURRENCY NEWS

Ethereum breaks past $3,000 to quadruple in value in 2021

May 03, 2021 2:48 pm

Ether, the token transacted on the ethereum blockchain, rose 3% on the Bitstamp exchange to $3,144.81 in morning deals in London. It is up 325% for the year so far, easily outpacing a 95% rise in the more popular bitcoin.

Bitcoin plunges below $50,000 with market technicals in focus

April 23, 2021 4:58 pm

This week’s more than 20% rout marks the worst period for Bitcoin since March 2020. Even digital currencies that have managed to eke out gains over the past few days, like Ether and the satirical Dogecoin, tumbled on Friday as the crypto space turned into a sea of red.

RBI plans and an upcoming Bill: Where are digital currencies headed?

April 23, 2021 7:33 am

The government, which plans a law to ban private digital currencies, favours a digital currency backed by the Reserve Bank of India.

Exit window likely for crypto holders, old transactions to be under scanner

April 22, 2021 11:48 am

The proposed legislation on cryptocurrencies which is likely to ban digital currencies is expected to provide an exit window to the existing crypto holders of private entities.

Explained: What is Dogecoin, a $34 billion cryptocurrency that began as a joke?

April 22, 2021 9:17 am

Based on the “Doge” meme and started as a “fun” alternative to Bitcoin, Dogecoin’s value has risen phenomenally this week– adding around $19.9 billion in the last 24 hours, and now valued at $34 billion.

Email productivity, SAPSecurity and business communication among top surging skills of 2021: Report

April 12, 2021 4:10 pm

The report states that there has been a 191 per cent increase in the demand for manufacturing. Similarly, 223 per cent and 234 per cent surge has been observed for courses related to financial services and consulting services, respectively.

Crypto rules just about ‘disclosure’, not a guide to govt stance on ban

April 08, 2021 7:23 am

The new norms, notified in March, require that corporates disclose any profit or loss on transactions involving cryptocurrency, crypto holdings, and deposits or advances received from anyone for the purpose of investing in cryptocurrencies in statutory filings to Registrar of Companies.

Coinbase gets all-clear from SEC, setting stage for landmark crypto listing

April 02, 2021 12:35 pm

The decision from the US Securities and Exchange Commission (SEC) is another boost to the legitimacy of digital currencies, which are rapidly gaining acceptance from the mainstream financial services industry.

Explained: Why Centre wants cryptocurrency holdings mandatorily disclosed in RoC filings

March 26, 2021 10:30 pm

Experts have noted the corporate affairs ministry may just be seeking disclosures from companies to get a record of the usage of cryptocurrencies after reports that some startups were paying some employees part of their salaries in cryptocurrencies.

Economy in new fiscal: RBI stays with forecast, says surge won’t impact growth

March 26, 2021 7:54 am

Many parts of the country, mostly from Maharashtra, are seeing a massive surge in Covid infections, roiling the equity and bond markets. GDP growth had contracted 23.9 per cent in the June quarter of 2020-21 when Covid hit the economy hard.