bitcoin news

bitcoin page in top 10 on wikipedia

Bitcoin was in top 10 list on Wikipedia in 2017

Gone are the days when you had to personally break down the concept of “Bitcoin” to your less informed friends and family. Wikipedia has got them all up to speed now. The 2017 edition of the annual ‘Top 50 Report’ of Wikipedia shows that Bitcoin was the ninth most-read article on the digital encyclopedia for […]

coinsecure bitcoin heist

Bitcoin heist of $3 million reported by Coinsecure

One of India’s biggest cryptocurrency trading platforms has lost about 438 Bitcoins worth some 190 million rupees ($3 million), allegedly due to a rogue employee. An official at Delhi-based Coinsecure was extracting Bitcoin to distribute to customers and he claims the funds were lost in the process, parent company Secure Bitcoin Traders Pvt. said in […]

bitcoin price hike

Bitcoin jumps above $8,000

Bitcoin jumps above $8,000 Bitcoin climbed again Friday, reaching its highest since March 2018. The Bitcoin cryptocurrency briefly rose more than 6.5 percent over the last 24 hours to a high of $8,204, its highest in more than two weeks, according to Coinbase. Bitcoin traded near $8,085 as of 4:07 p.m. ET Friday, up 18.2 […]

bitcoin price

Bitcoin drops below $7,000

Bitcoin dropped more than 6 percent over two hours Monday, to below $7,000 as the April tax-filing deadline approaches. The cryptocurrency hit a low of around $6,646.07 on Monday, according to data from CoinDesk. Bitcoin prices have fallen more than 27 percent over the past month. Tax Related Selling Tax-related selling has been a key […]

what is bitcoin exchange

India Cryptocurrency exchanges look to shift base abroad

Days after the Reserve Bank of India (RBI) barred banks from dealing in cryptocurrency, many bitcoin exchanges, including Unocoin, ZebPay, CoinSecure, BuyUcoin and BTCX India, are looking to move their head offices to jurisdictions outside India. Many bitcoin exchanges have already approached their advisers and are working on various tax structures. Most of the exchanges […]

rbi ban cryptocurrencies

INDIA RBI’s cryptocurrency clampdown

The Reserve Bank of India (RBI), India’s premier Bank on Thursday, finally clamped down on cryptocurrencies. As part of its bi-monthly monetary policy statement, the central bank stated that, with immediate effect, entities regulated by it can no longer deal with or provide services to any individual or businesses dealing with or settling virtual currencies. […]