British hedge fund Brevan Howard expands further into crypto13 Sep, 2021, 02.11 PM IST
Brevan Howard, more famous for its bets on macroeconomic trends, has been among the most high-profile of major funds moving into the fledgling world of crypto trading, known for its highly volatile markets and scope for outsize gains.
Brevan Howard expands further into crypto13 Sep, 2021, 01.57 PM IST
Brevan, more famous for its bets on macroeconomic trends, has been among the most high-profile of major funds moving into the fledgling world of crypto trading, known for its highly volatile markets and scope for outsize gains.
Exchanges plan ad blitz for festival crypto gold rush13 Sep, 2021, 06.18 AM IST
To tap into the festive season that began with Ganesh Chaturthi on Friday, Indian crypto exchanges are ramping up hiring, and planning product launches and large-scale advertising campaigns to add new retail investors.
Crypto could be the biggest threat to brokers and exchanges, says Nithin Kamath09 Sep, 2021, 08.22 PM IST
“I don’t think it will be another stock brokerage firm or a new stock exchange (which will disrupt the broking industry). It will most likely be an outsider, maybe crypto,” Kamath said in a series of tweets on Thursday.
The Crypto rollercoaster; upset chipmaker’s letter to PM09 Sep, 2021, 01.36 AM IST
Hours after El Salvador became the first country to adopt Bitcoin as legal tender on Tuesday, the price of the world’s most popular cryptocurrency plummeted from around $52,000 to below $45,000.
Crypto banking and decentralized finance, explained05 Sep, 2021, 09.45 AM IST
The development of Bitcoin and thousands of other cryptocurrencies in a little over a decade has changed the definition of money — and spawned a parallel universe of alternative financial services, allowing crypto businesses to move into traditional banking territory.
New law set to transform cryptoverse & how!04 Sep, 2021, 04.33 PM IST
Depending on how the bill defines crypto and how its treatment follows from that in terms of taxation and regulation, the cryptoverse may choose their play. If they find the definition and ensuing rules etc favourable to their businesses, they may want to position their products as valid cryptos.
Investors from non-metro cities flock to online brokerages, crypto platforms25 Aug, 2021, 03.14 PM IST
The trend has come as good news for online financial investment companies, who are doubling down on content in regional languages, local partnerships, and tapping regional influencers.
Bitcoin rally draws Indians back to cryptos25 Aug, 2021, 07.02 AM IST
Indians are flocking back to invest in cryptocurrencies as Bitcoin hit a three-month high of $50,000 on Sunday amidst the global crypto rush.
Binance: The crypto giant facing pressure from regulators20 Aug, 2021, 09.39 AM IST
Binance doesn’t release financial data, so it’s hard to say whether it has hit its business. Yet the exchange has made several notable moves in the wake of the regulatory pressure. Binance CEO Zhao said last month he wanted to improve relations with regulators.
India ranks second in crypto adoption globally: Report19 Aug, 2021, 06.50 PM IST
The report, which ranked 154 countries, said that worldwide crypto adoption rose over 881% in the last year.
Robinhood’s crypto trading surges, as overall growth slows19 Aug, 2021, 09.53 AM IST
Robinhood also said Wednesday that it lost $501.7 million, or $2.16 per share, compared with a profit of $57.6 million, or 9 cents per share, in last year’s second quarter. Most of the loss was due to accounting changes related to a fundraising round it undertook early this year.
Robinhood’s shareholders: are crypto wallets coming and do we get hoodies?18 Aug, 2021, 10.29 AM IST
Robinhood, which said it reserved up to 35% of the shares in its July 29 market debut for its users, announced last week it was buying Say, a platform that crowdsources questions from retail investors and allows them to interact with companies they invest in during events like earnings calls.
New crypto threatens to dethrone Ethereum after its latest upgrade05 Aug, 2021, 08.43 PM IST
The new update, called ‘London Hard Fork’, on the Ethereum blockchain includes five Ethereum improvement proposals (EIPs). The exact date of its release could not ascertained.
Taxman asks crypto bourses for trade info21 Jul, 2021, 06.00 AM IST
A fortnight ago, the income tax (I-T) department sent notices to at least three exchanges, asking them to share all ledger entries to find out the price, time, and number of coins sold by a trader.
Seven rules of cryptocurrency trading for new investors29 Jun, 2021, 04.17 PM IST
Investing in cryptocurrencies is the best way to learn about them. But it is a high-risk high-reward game and you must be able to digest very high volatility. As the May crash showed, an overnight fall of 70-80% is also a possibility.