There is confusion among many on how the earnings from investments in cryptocurrencies should be disclosed in the ITR as there is no clarity on it. As per the provisions…
With 2020 being the best year for investments in cryptocurrency, cybersecurity experts warned of a rise in crypto frauds. According to blockchain analytics firm CipherTrace, hacks on decentralized finance (DeFi) companies…
According to Nischal Shetty, founder and chief executive, WazirX, the Bitcoin boom has created a “positive sentiment", which has pushed more retail investors to jump into crypto trading in India.…
Bitcoin suffered a price crash earlier on Thursday, having missed record highs by a narrow margin earlier this week. The top cryptocurrency by market value fell from over $19,300 to $16,327 during…
Retail investors aged between 25 and 40 are spending millions on trading in cryptocurrency in India every day, according to two of the top exchanges in the country. According to the country’s…
Moneycontrol spoke with a few of the founders of these crypto exchanges and crypto enthusiasts to figure out what socia media channels built for discussions on crypto are abuzz with. There are queries…
“In the pandemic, many Indians have lost jobs, and this has led them to invest in cryptocurrency to earn side income. Moreover, a lot of new professions have emerged in…
The most prominent cryptocurrency – bitcoin has witnessed a spectacular rally in the last 12 months, with its value going up by over 80 per cent during the period. “There…
Industry insiders have routinely compared Bitcoin to gold as a potential investment asset. The only similarities, however, are their decentralised natures, limited availability and the ability to run up in valuation…
From a ban to a boom, is India coming around on bitcoin? With the famous (some would say ‘infamous’) cryptocurrency on a never-before-seen rally and seemingly on the verge of…
Nischal Shetty, CEO of India-based crypto exchange WazirX, believes that the primary intention behind liquidity farming from the very start was to simply attract users, giving them an opportunity to…
Ethereum’s native cryptocurrency ether has jumped to 28-month highs, taking year-to-date gains to nearly 290%. Apart from the broader market uptrend, Ethereum's impending transition to proof-of-stake looks to be powering…
