Cryptocurrency

Bitcoin, Ether Bounce to Mark Gains on Monday While Terra Shoot Up by 14 Percent

Bitcoin, Ether Manage Nominal Gains While Altcoins Fail to Build Momentum

Bitcoin has been on a bit of a positive surge over the past couple of days despite the wider crypto market seeing a rather mixed day of trade through Thursday and early Friday. In terms of value, Bitcoin’s is inching closer to the $40,000 (roughly Rs. 30.5 lakh) mark across exchanges like CoinMarketCap, Coinbase and …

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Goldman Sachs Issues First Bitcoin-Backed Loan in History, Here’s What We Know

Goldman Sachs Issues First Bitcoin-Backed Loan in History, Here’s What We Know

Goldman Sachs has historically issued its first ever Bitcoin-backed loan in order to contribute to the institutional adoption of cryptocurrencies. The US-based investment bank lent cash to its undisclosed borrower, collaterised by Bitcoin that is the world’s oldest cryptocurrency. As per a spokesperson from Bloomberg, the loan comes with a 24-hour-risk management. The underlaying volatility …

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Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency

Shenzhen Residents to Receive 15 Million Yuan in Digital Currency – Featured Bitcoin News

The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank, the People’s Bank of China (PBOC), continues to test its central …

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India's Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister

India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister – Regulation Bitcoin News

Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added. Finance Minister on Indian Crypto Regulation India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat …

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Singapore's Central Bank: We Want to Be a Responsible Global Crypto Hub

We Want to Be a Responsible Global Crypto Hub – Regulation Bitcoin News

The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,” …

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Grayscale Investments Plans European Expansion

Grayscale Investments Plans European Expansion – Featured Bitcoin News

Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs that we ultimately launch in,” said the CEO. Grayscale Entering Europe The world’s largest digital asset manager, Grayscale Investments, is getting ready to expand into Europe, …

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A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales – Bitcoin News

A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales – Bitcoin News

While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses …

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