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bitcoin india: Top banks still averse to letting in crypto trade

Leading institutions such as SBI, HDFC Bank, Axis Bank and ICICI Bank have told various crypto exchanges that services related to crypto trades are unlikely to be resumed immediately.

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bitcoin price: Top Cryptocurrency Prices Today: Bitcoin, Dogecoin, Ethereum all down; tech charts show promise

NEW DELHI: The cryptocurrency market is experiencing tough times after last week’s free fall. The strong volatility even drove many investors to bankruptcy. Crypto investors lost a whopping $830 billion in the last one week. The total market-cap of all cryptocurrencies stood at $1.49 trillion as of Monday morning.
The cryptocurrency market has lost about 60% of the total market-cap in the past one week, with the top two digital tokens -- Bitcoin & Ethereum – giving up significant gains from their all-time highs.
The price of Bitcoin, world's largest cryptocurrency, has recovered to $37,000 from $30,000, its lowest price since January this year. Other coins followed suit, crashing as much as two-third in the past couple of weeks. Reuters reported that this past Friday, both Bitcoin and Ethereum saw their biggest single-day falls since March 2020, when the pandemic began.

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Don't panic-sell bitcoin in crash: Crypto startups

Don’t panic-sell bitcoin in crash: Crypto startups
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While investing or trading in cryptocurrencies is a legal grey area, Indians owned about Rs 10,000 crore worth of such assets as of February.
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(This story originally appeared in
on May 21, 2021)Mumbai: Indian crypto entrepreneurs are urging investors not to panic-sell assets like bitcoin and ether after prices crashed over 30% this week. According to cryptocurrency exchanges, investors should decide if they can sustain with locked funds for 3-4 years, and use only risk capital for what would be more of an allocation for long-term appreciation.
These digital exchanges facilitate trading for most of the 1 crore Indian investors in highly volatile cryptocurrency assets. Users of some of these platforms were unable to place their orders due to the high volume of trading on Wednesday. While investing or trading in cryptocurrencies is a legal grey area, Indians owned about Rs 10,000 crore worth of such assets as of February.

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$STOPELON - Now a cryptocurrency to 'destroy' Elon Musk

$STOPELON - Now a cryptocurrency to 'destroy' Elon Musk
The currency, being created on the blockchain Binance Smart Chain, is currently trading at around 0.00005600 with a market capitalisation of nearly $30 million, according to chart site Poocoin
Aprajita Sharma May 20, 2021 | Updated 15:50 IST
Notably, cryptocurrencies across the board from bitcoin, ethereum to dogecoins tanked massively in last couple of days after Elon Musk tweeted that Tesla will not accept Bitcoin for transactions (Image: Twitter)
The crypto world has a new member. This new member hates Tesla founder Elon Musk. $STOPELON, a new cryptocurrency has emerged this week whose prices have shot through the roof in just a day - from $0.0000019 to $0.00009450, a jump of 4874 per cent in 24 hours.

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$STOPELON - Now a cryptocurrency to 'destroy' Elon Musk

$STOPELON - Now a cryptocurrency to 'destroy' Elon Musk
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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Investors gain from price arbitrage as cryptos turn volatile

Investors gain from price arbitrage as cryptos turn volatile
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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2800% returns YTD! What's happening with Dogecoin?

2800% returns YTD! What's happening with Dogecoin?
"Dogecoin is a community driven cryptocurrency at the moment and the value is being determined by power and influence on social media by influencers," says Monark Modi, Founder and CEO, Bitex
Dogecoin breaches 10 cents for the first time ever
For the second consecutive day, Bitcoin has breached its all-time high. On Wednesday, the world's largest crypto currency crossed US$ 64,000 level for the first time. Following suit, Dogecoin, which originally started as an internet parody over seven years ago surged 85 per cent in a day. The meme coin has breached 10 cents for the first time ever. It touched an all time high of US$ 0.145, according to CoinDesk. Its market cap is now close to $16.5 billion, ranking 10th across VCs. Why is the Dogecoin price rising? Like Bitcoin and Ethereum, is it another virtual currency which has the potential to capture great gains going ahead? Well, experts don't believe so.

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Companies and crypto-exchanges to disclose crypto transactions this year

Companies and crypto-exchanges to disclose crypto transactions this year
medianama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medianama.com Daily Mail and Mail on Sunday newspapers.

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Raise taxes but don't ban crypto assets, cryptocurrency exchanges urge Centre

Raise taxes but don't ban crypto assets, cryptocurrency exchanges urge Centre
timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.

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Sebi wants promoters to sell crypto before IPO

Sebi wants promoters to sell crypto before IPO
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Sebi's diktat for promoters to offload crypto assets filing for an IPO appears to stem from possibility that the government may ban cryptocurrency that’s not state issued.
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Mumbai: Holding cryptocurrency may become a hindrance for promoters looking to raise money through an initial public offering (IPO). The Securities and Exchange Board of India (Sebi) wants promoters of such companies to sell off any cryptocurrency they have before raising funds, said several people with direct knowledge of the matter.
In the past few weeks, Sebi has communicated this to merchant bankers, securities lawyers and even company executives involved with the IPO process. They told ET that the matter appears to stem from the possibility that the government may ban cryptocurrency that’s not state issued. Sebi didn’t respond to queries. “There could be a direction from the government in this regard. The market regulator seems to think that this could become a risk for investors if a promoter holds an asset that is illegal in the country,” a top securities lawyer currently working on some of the largest IPOs told ET.

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