When it comes to Bitcoin and other digital currencies, the Reserve Bank of India (RBI) has issued a strong warning. Governor of the Reserve Bank of India Shaktikanta Das said, in light of the FTX disaster, that such illiquid instruments “are nothing but gambling” and that their apparent value is
Cryptocurrencies like Bitcoin are becoming increasingly popular due to their decentralized nature and ability to operate at low costs. However, since these transactions use a pseudonym system, anyone can trace them back to you. Crypto mixers allow users to anonymize their transactions by breaking the link between an individual’s address
The global crypto market, which includes everything from Bitcoin (BTC) and Ethereum (ETH) to Dogecoin (DOGE) and thousands of many other cryptocurrencies, can be immense for those new to the crypto world. And the cryptocurrency market has been booming in recent days. In addition, today’s top five cryptocurrencies are Bitcoin
Bitcoin (BTC), the dominant cryptocurrency in the global crypto market, has been experiencing a positive price momentum since the beginning of 2023. The market leading coin has reached a two-month high of around $20k amid the market’s rapid surge. Despite this, short traders have witnessed a massive loss following the
The Consumer Price Index for December showed a gain that was in line with expectations, at 6.5%. The December CPI numbers were recently issued by the US Bureau of Labor Statistics. Minutes before the report was released, the cryptocurrency market was modestly positive, with most assets trading in the green.
El Salvador’s Miss Universe delegate walks the ramp dressed up as Bitcoin (BTC). The 71st Miss Universe preliminary rounds started on Jan 11th, 2023 in New Orleans. The competition features almost 90 beautiful women from every part of the world. Following the opening night ceremony, the next round of competition
On January 11, 2009, one of the Bitcoin ecosystem’s early pioneers, Hal Finney, activated a node on his own computer. This day marks the beginning of the Bitcoin era. He made the announcement on Twitter, and the term “Running bitcoin” has subsequently entered popular culture. The genesis block was created
Despite the threat of Bitcoin hitting $18,000 for the first time since mid-December, Coinshares analysis says that there is only “minor negative sentiment” in the crypto markets. Bitcoin Price Chart (Source: CoinMarketCap) Notably, Bitcoin outflows were just $6.5 million, which indicates that sentiment is “remaining negative.”. According to Coinshares’ recent
On Monday, shares of the struggling Grayscale Bitcoin Trust (GBTC) jumped, bringing the trust’s discount to Bitcoin closer to BTC’s original price. The over-the-counter security saw a price increase of 11.56%, to $9.65, yesterday. As a result, the trust’s discount relative to the NAV of its Bitcoin assets shrank to
On Wednesday, the U.S. Securities and Exchange Commission (SEC) said that it has filed charges against the eight people involved in the $45 million cryptocurrency Ponzi scam Coindeal. The securities commission described Coindeal as a blatant and far-reaching unregistered offering scam undertaken between at least 2018 and 2022. It was
