Cryptocurrency | The Asian Age

Saturday, May 18, 2024 | Last Update : 09:36 AM IST

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Cryptocurrency hit a record high of just under $11,800, stoking fears that a rapidly swelling bubble could burst in a spectacular fashion.

RBI reiterates warnings about trading in Bitcoins

Central bank has not given a licence or authorisation for any company to deal in such cryptocurrencies.

06 Dec 2017 10:13 AM

A network of tech-savvy users called miners keep the system honest by pouring their computing power into a blockchain, a global running tally of every bitcoin transaction. (Representative image)

All you need to know about Bitcoin cryptocurrency

Bitcoins are basically lines of computer code that are digitally signed each time they travel from one owner to the next.

30 Nov 2017 8:35 AM

The cost of buying one bitcoin as measured by the website Coindesk was hovering around $9,800 and was as low as $9,300 on Wednesday afternoon.

Bitcoin surges past $10,000 threshold, only to plunge

A price of one bitcoin had been roughly $1,000 at the beginning of the year.

30 Nov 2017 8:25 AM

RBC, however, is researching how it can utilize the distribution ledger technology that underpins bitcoin, called blockchain. RBC earlier told Reuters that it was experimenting with blockchain to help move payments between its U.S. and Canadian banks.

RBC's CEO pushes back on suggestion bitcoin is a fraud

While banks have largely steered clear of bitcoin since it emerged, the virtual currency is supported by a range of people.

29 Sep 2017 8:27 AM

Though the change is designed to improve capacity on the increasingly clogged network, some miners had objected because it could reduce transaction fees they collect.

Threat of a Bitcoin split avoided, for now

A majority of "miners" - the core bitcoin users who verify bitcoin transactions around the world - has signaled support.

01 Aug 2017 4:29 PM

But fears about the bitcoin split dampened demand for bitcoin in recent weeks. After hitting record high near $3,000, bitcoin dropped as low $1,830 on the Bitstamp platform. On Friday, it traded at $2,647.

Bitcoin averts split as miners back new software upgrade

The miners represent a network of computer operators who secure the blockchain or a public ledger of all bitcoin transactions.

22 Jul 2017 8:13 AM

The historical movement lead to crazy rally in prices, from a low of USD 2,200 we saw Bitcoin touched USD 2,950 on most of the international exchanges and is now trading at USD 2,800 levels.

Bitcoin transforms into super Bitcoin - protocol approves double transaction capacity

The ongoing civil war between Bitcoin Core (BTC) and Bitcoin Unlimited (BU) camps has come to peace with approval of BIP 91.

21 Jul 2017 6:57 PM

It also may appeal to those worried about a lack of supply of cash, such as in India, where Narendra Modi scrapped high-denomination bank notes from circulation.

Bitcoin moves past $1,000-mark after 3 years

Its biggest daily moves in 2016 were around 10 per cent, still very volatile compared with fiat currencies.

03 Jan 2017 12:53 AM

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Columns

Shobhaa De

cryptocurrency Page-10

RBI reiterates warnings about trading in Bitcoins

All you need to know about Bitcoin cryptocurrency

Bitcoin surges past $10,000 threshold, only to plunge

RBC's CEO pushes back on suggestion bitcoin is a fraud

Threat of a Bitcoin split avoided, for now

Bitcoin averts split as miners back new software upgrade

Bitcoin transforms into super Bitcoin - protocol approves double transaction capacity

Bitcoin moves past $1,000-mark after 3 years

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