Cryptocurrencies News

By Savio Shetty and Divya Chowdhury MUMBAI (Reuters) – The Reserve Bank of India (RBI) is justified in using the country’s foreign exchange reserves to smooth out volatility in the rupee’s moves against the dollar, a member of the Economic Advisory Council said on Monday.

There is little doubt that Ethereum is the primary driver of current market momentum as it approaches a major shift in consensus, but could it actually surpass Bitcoin?

Elon Musk may have just turned his back on the crypto market, as he aims to do with Twitter in what has been a chequered past.

SEOUL (Reuters) – North Korea on Saturday condemned remarks by a senior White House official about Pyongyang’s cyberattack capabilities and said it would continue to stand against what it called U.S. aggression towards it.

Ethereum bulls continue to eye a test of resistance at $1,700. ApeCoin and EOS are the best top 50 performers.

Cardano could swiftly challenge this week’s highs if macro sentiment continues improving and Vasil hard fork optimism takes hold.

Ethereum co-founder Vitalik Buterin has been speaking about the state of the network in terms of development, and it is only halfway complete.

NEW YORK (Reuters) – A former product manager at cryptocurrency exchange Coinbase Global and two others have been charged with wire fraud in connection with an insider trading scheme, U.S. prosecutors said on Thursday.

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission is working to get some so-called cryptolending companies properly registered if they operate more as an investment firm, the head of the federal regulator told CNBC in an interview on Thursday.

Tesla has dumped $936 million worth of Bitcoin from its balance sheet following a $1.5 billion BTC buying spree last year.

Singapore-headquartered Zipmex joins several other crypto firms in pausing withdrawals on its platform.

Tech stocks plummet. Startups are facing the most challenging fundraising climate in a decade. The blockchain community enters a protracted period of what is dubbed “the crypto winter”.

(Reuters) -Tesla Inc on Wednesday reported a rise in quarterly profit, as a string of price increases on its best-selling vehicles helped offset production challenges, sending its shares up 4% in extended trading.

NEW YORK (Reuters) – Bitcoin fell late on Wednesday after Tesla Inc. said it has converted about 75% of its purchases of the virtual token into fiat currency.

The Financial Services and Markets Bill focuses on multiple different fronts, including providing the government with new powers over regulators.

By Huw Jones and Sinead Cruise LONDON (Reuters) – Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a ‘Big Bang 2.0’ as it sidesteps calls to cut taxes on banks or ease curbs on hiring foreign staff to keep

The world’s largest issuer of crypto ETPs has released two new risk-adjusted investment products.

Cryptocurrency markets are rallying this week, but a gloomy macroeconomic outlook and the specter of a recession in the United States could extinguish those flames.

(Reuters) – Bitcoin rose 5.11% to $23,564.93 at 22:05 GMT on Tuesday, adding $1,145.77 to its previous close.

By Huw Jones LONDON (Reuters) – Regulators will have to promote the global competitiveness of Britain’s financial sector or could face mandatory reviews of their rules, UK finance minister Nadhim Zahawi said on Tuesday.