Tag Archives: Bitcoin

Bitcoin Set for Worst Week Since 2013 as Crypto Sell-Off Intensifies

Cryptocurrencies¬†plunged on Friday, with several of the largest falling by more than 20 percent and Bitcoin sliding below $8,000 (roughly Rs. 5.12 lakhs) and headed for its worst week since 2013, as worries about a regulatory clampdown globally sent investors scrambling to sell. The slump in prices this week means the total market value of cryptocurrencies is down to $385 ... Read More »

Finance Ministry cautions against bitcoin, says ‘virtual currencies are like ponzi schemes’

The Ministry of Finance has cautioned people against investing in virtual currencies and compared them to¬†ponzi schemes. “There has been a phenomenal increase in recent times in the price of Virtual ‘Currencies’ (VCs) including bitcoin, in India and globally. The VCs don’t have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and ... Read More »

An Easy Guide to Getting a Bitcoin Wallet App and Getting Started with Cryptocurrency

If you are looking for some help to buy bitcoin, the place to start is to get a bitcoin wallet app. Of course, once you have the app, you may still have just as many questions, if not more. You may believe that bitcoin is only used by cybercriminals, for instance, when in reality it is used by huge corporations ... Read More »