Sunday, June 27, 2021

Bitcoin’s drop closer to $30,000 stirs fears of a deeper selloff

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Bitcoin’s slide toward $30,000 amid China’s continued cryptocurrency crackdown is stoking fears of a deeper selloff. Bitcoin fell as much as 4.3 per cent and was trading at about $32,240 as of 9:08 a.m....

Top Cryptocurrency Prices Today: Dogecoin, Polkadot, Uniswap shed up to 21%

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NEW DELHI: Major Cryptocurrencies tumbled as much as 21 per cent on Tuesday with market players getting jittery over China's expanding crackdown on Bitcoin mining and curbs on digital tokens. Following the recent...

Bitcoin steadies in Asia trading after Monday’s plunge

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HONG KONG: Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token...

Top crypto exchanges plan multi-pronged push for regulation

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(This story originally appeared in on Jun 21, 2021)Top Indian crypto exchanges are in the final stages of joining IndiaTech, an industry association representing India's consumer internet startups, unicorns and investors, to...

Equalisation levy could make life more taxing for cryptocurrency buyers

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Mumbai: The cost of buying Bitcoins and other cryptocurrencies may have increased about 2% for investors who purchased them from exchanges outside the country as they are all set to face additional tax...

Is Regulation in Crypto Actually an Opportunity?

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A single global currency that is decentralized, and not beholden to any governing central body, might not be possible. At least that's what you'll hear/read/ingest/ignore if you turned on the internet today. Too many nations,...

Chinese banks promise to step up cryptocurrency ban

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BEIJING: China's biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. Regulators appear...

Top Cryptocurrency Prices Today: Bitcoin, Dogecoin, Polkadot down upto 7%

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NEW DELHI: Major Cryptocurrencies were trading lower on Monday, unable to recover from the sharp drop on weekend, following the potential scrutiny from Chinese regulators over bitcoin mining. Eight out of the top-10...

China’s central bank urges financial institutions to crack down on cryptos

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SHANGHAI: China's central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading. The People's Bank of China urged the institutions to...
Bitcoin hits nearly 2-week low in wake of China crackdown

Bitcoin hits nearly 2-week low in wake of China crackdown

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LONDON/TOKYO: Bitcoin tumbled as much as 9% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players citing thin liquidity and China's expanding crackdown on bitcoin...