If you ask ChatGPT, the popular artificial intelligence (AI) chatbot, about the most feasible investing option one could explore as a high-risk investor, it promptly asks you to put your money in cryptocurrencies, among other options. Not only does it suggest investing in cryptos, but it also shares with the inquisitive user the key reason …
Bitcoin’s “halving” is expected to happen soon. But its potential impact depends on your relationship to the coin; it’s likely to affect miners and investors differently. “To the people who own bitcoin because they think it’s a good store of value, this halving is not that big of a deal. But to the miners, it’s …
Bitcoin is on a vertical tear, continuing its rapid resurgence and getting close to breaking its all-time high. The digital token on Monday climbed 8% to $67,310, well above its $44,000 valuation at the start of the year and less than $2,000 away from surpassing its November 2021 record high of around $69,000. What’s fueling …
The Coinbase and bitcoin logos are displayed on a phone screen in San Anselmo, California, on Feb. 15, 2024. Justin Sullivan | Getty Images Coinbase‘s app suffered from glitches on Wednesday that led many users to see a balance of zero when opening their accounts. Bitcoin, which had just spiked to its highest level since …
Bitcoin extended its gains Tuesday, touching a more than two-year high above $57,000. The price of the flagship cryptocurrency was last higher by 5% at $57,328.95, according to Coin Metrics. Earlier, it reached $57,445.14, its highest level since December 2021. “Now that we’re that much closer to retesting bitcoin’s record high, the market is that …
She used the name Rekha Shah (alias Ankita Shah) and befriended him before she apprised him of a cryptocurrency investment platform known as deuncoin.com, Yadav told MintGenie. Subsequently, he created a profile on deuncoin.com and invested money into it. In fact, upon doing some research on the internet, he learnt that he was not alone. …
ICRA Analytics anticipates several potential changes in the upcoming Interim Union Budget for the fiscal year 2025. The Budget will be announced on February 1, 2024. Since the general elections will be held in May, this will be the Interim Budget and a new Budget will be presented in July. Here’s a list of changes …
In a landmark decision, the US Securities and Exchange Commission (SEC) recently approved applications for exchange-traded funds (ETFs) that are primarily based on bitcoin. This move, following applications from several US-based fund management firms, marks a significant shift in the financial landscape. It’s been over a decade since the first proposal for a Bitcoin ETF …
Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021. The catch? You can’t sue him if you get a refund. In an X (formerly Twitter) post on Thursday, Paul announced that he is “personally committing” more than $2.3 million to buy back NFTs purchased …
The year 2023 was perhaps a good year for crypto prices as they recouped the previous year’s losses considerably with bitcoin spiking by 165 percent. When it comes to a set of regulations, digital currencies still fall short of explicit legitimacy, albeit they are not illegal either. However, when the government introduced a detailed tax regime for …