#Cryptocurrency

2 days ago.New Delhi, Delhi, India
High fuel prices affect the cost for alternative commodities associated with it like cost of manufacturing and transportation. (Photo credit: PTI)

  • Diesel and petrol prices have an impact on the cost side as well, said RBI governer
  • Government at both levels should work together to bring down indirect taxes levied on fuel, he added
  •  RBI is working on digital curency of its own

19 Feburary.New Delhi, Delhi, India
Bitcoin emerged as an attractive option for investors with an appetite for the exotic. (Photo Credit: Representative Image/Unsplash)

  • The Bitcoin market is now worth $1.002 trillion
  • The cryptocurrency vaulted higher after New York bank BNY Mellon and MasterCard announced plans to support it 
  • And US software firm MicroStrategy announced plans to sell convertible bonds in order to buy more bitcoin

18 Feburary
The North Korean officials also allegedly hacked into and robbed digital currency exchanges in Slovenia and Indonesia. (Photo Credit: AFP)

  • US Justice Department charged three officials for hacking
  • The North Korean officers stole $1.3 billion in crytpocurrencies and traditional currencies 
  • They developed a blockchain platform to evade sanctions and secretly raise funds

15 Feburary.New Delhi, Delhi, India
Tesla co-founder Elon Musk had announced that the company would enter Indian market in 2021

  • Elon Musk said the real issue was too much concentration in Dogecoin
  • The billionaire is a vocal supporter of cryptocurrencies
  • Earlier this week, Tesla announced a $1.5 billion investment in Bitcoin

13 Feburary
Bitcoin has seen a humongous growth . (Photo Credit: Unsplash)

  • Dorsey is also founder and chief of financial services and mobile payments firm Square
  • The amount of the cryptocurrency announced for the fund  by Dorsey was worth about $24 million on Friday
  • The link shared by Dorsey stated the mission is to "make bitcoin the internet's currency"

11 Feburary
Elon Musk had tweeted out this picture with the caption 'ur welcome' on February 4, having replaced Simba's face with Doge. (Photo Credit: Twitter/ @ElonMusk)

  • Elon Musk bought some Dogecoins for his son on Wednesday, subsequently tweeting about it afterwards
  • Not long after, the cyprocurrency blew up
  • The surge was close to 20%, hitting unit-prices of over $47,000

11 Feburary.Washington D.C., DC, USA
Janet Yellen, US Treasury Secretary has said that cryptocurrencies offered promises but could be used to launder money. (Photo Credit: @JanetYellen )

  • Janet Yellen warned about "risk explosion' from virtual markets, which includes the embezzlement of cryptocurrencies
  • She said that the Anti-Money Laundering Act will help to solve problems related to virtual markets
  • She said that innovation is very essential in this sector that could give people access to the financial system

9 Feburary.Washington D.C., DC, USA
Bitcoin briefly pushed to a record-high of $48,215.82 after winning a huge boost Monday. (Photo Credit: Unsplash)

  • Asia's main stock indices closed higher, with Tokyo hitting a 30-year high
  • Bitcoin briefly pushed to a record-high of $48,215.82
  • Benchmark crude contract Brent North Sea held around 13-month highs above $60 

9 Feburary.New Delhi, Delhi, India
Bitcoin emerged as an attractive option for investors with an appetite for the exotic. (Photo Credit: Unsplash)

  • No physical form of money, Bitcoin is a digital currency
  • Tesla invested $1.5 billion in Bitcoin
  • A bitcoin is a computer file, which is stored into a digital wallet application on a device

8 Feburary.New York, NY, USA
Bitcoin emerged as an attractive option for investors with an appetite for the exotic. (Photo Credit: Unsplash)

  • The cryptocurrency company hit a record-high of nearly $45,000 after Tesla's buy-in
  • Bitcoin rates have surged by around 50% since the beginning of this year
  • Market analysts called Tesla's investment one of the biggest developements for the cryptocurrency