Smartzworld

China intensifies crackdown on crypto trading; Bitcoin, ether, dogecoin fall

Bitcoin price slipped in trade from highs seen in early Friday after China’s central bank said it would crack down on cryptocurrency trading, banning overseas exchanges from providing services to mainland investors. The world’s largest cryptocurrency by market capitalization slipped around 5% at $42,810.  The People’s Bank of China also said it will bar financial institutions, payment

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Cryptocurrency prices today: Bitcoin, ether, dogecoin continue to struggle. Check latest rates

Bitcoin prices continued to struggle and dropped briefly below $40,000 over the last 24 hours for the first time since August. The world’s largest cryptocurrency recouped some losses, however, was still trading lower as it was down 1.5% to $42,036.5. Bitcoin is up 42% this year, though, much below its record high level of near $65,000. Ether,

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RBI ex-Guv Subbarao explains why RBI is anxious about cryptocurrency

MUMBAI: The Reserve Bank of India (RBI) has stated multiple times that it has “serious” and “major” concerns about cryptocurrencies without ever explaining what those concerns could be. The central bank’s aversion to virtual currencies is seen as one of the primary motivations behind the government’s bill to ban all private cryptocurrencies. The crypto industry

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‘HODL and forget!’: Bitcoin wallet went from ₹ 6 lakh to 216 crore in 9 years

Grabbing the eyeballs of the BTC ‘Hodlers’, a dormant cryptocurrency wallet containing 616.2004 Bitcoins worth nearly $28.35 million( ₹216 crore) has seen a sudden movement. After almost nine  years, the owner of the wallet moved the Bitcoins to another wallet on Sunday.  The movement in the Bitcoin wallet was first reported by blockchain explorer Blockchain.com. What’s

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Bitcoin founder Satoshi Nakamoto immortalized in Budapest: Is it the beginning of a more inclusive global presence for cryptocurrencies?

Sooner or later, every ecosystem undergoes a drastic shift. All it needs is the right precursor. And, for the financial ecosystem, the foundation must be cryptocurrency, led by the evolution of Bitcoin, way back in 2008. Despite thousands of crypto players trying to emulate what Bitcoin has achieved, it continues to be the most popular

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Bitcoin, ether, dogecoin prices crash over 10%. Check crypto rates

Cryptocurrency prices extended a slump after a broad selloff sparked by worries about contagion from China Evergrande Group swept through global markets. Bitcoin, the world’s largest crypto slid as much as to $40,000 in early deals, dropping to the lowest level since the beginning of August.  As per CoinGecko, Bitcoin prices today were trading 10% lower

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