The cryptocurrency market remains highly volatile due to ongoing macroeconomic and geopolitical developments. On Friday, March 7, Bitcoin recorded a loss of over five percent on international exchanges, bringing its price down to $87,726 (roughly Rs. 76.4 lakh), according to CoinMarketCap. A similar trend was observed on Indian exchanges, where platforms like CoinDCX, Giottus, and … Read more
WASHINGTON: US President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin reserve, a day before meeting with executives from the cryptocurrency industry at the White House. The reserve will be capitalized with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings, … Read more
US President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve – in other words, crypto holdings owned by the US government. In a post on Truth Social on Sunday, Trump announced that his January executive order on digital assets would create a stockpile of XRP, SOL and … Read more
Bitcoin on Wednesday, February 12, showed a price dip of 2.43 percent on international exchanges. With this, Bitcoin is trading at the price point of $95,873 (roughly Rs. 83 lakh) on global platforms, as per CoinMarketCap. On Indian exchanges like CoinSwitch and CoinDCX, the value of BTC slipped by around 2.25 percent over the last … Read more
The US Securities and Exchange Commission on Thursday approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies. The Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management would seek to provide investors with a balanced exposure to the two digital assets, weighted by their market capitalisation. The structure of … Read more