A BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments, upending the lenders' role in the financial system

At the beginning of the year, Dogecoin had a low value. It was less than a cent but over the past few months, Dogecoin witnessed an upward trend.

\"Dogecoin is a community driven cryptocurrency at the moment and the value is being determined by power and influence on social media by influencers,\" says Monark Modi, Founder and CEO, Bitex

Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said

\"If Bitcoin prices crash, it may cause a correction in the stock market. Let's hope cryptocurrencies, particularly Bitcoins, do not crash,\" said Morbius. He believes if cryptocurrencies, particularly Bitcoin, crash, they will impact stock markets globally

The uncertainty around cryptocurrencies in India continues as the government is now planning to propose a new law which will not only ban digital money but will also fine anyone trading in the country or even holding such digital assets.

Amid selloff of tech stocks, Tesla shares exceeded overall decline in market, wiping out about $230 billion from its valuation in less than a month. On Friday alone, Tesla share closed 3.8 per cent down at $597.95, its lowest in two months

Microsoft CEO Bill Gates has said that Bitcoins are not for him because he has less money than Tesla CEO Elon Musk.

Das says RBI does not want to be left behind in the technological revolution, and that the benefits of blockchain technology need to be capitalised on

\"Only the sovereign has the right to create currency in the world. Tomorrow people will produce 5 lakh bitcoins, which currency will go? Something which fluctuates 5-10% a day, can it be considered as currency,\" says Jhunjhunwala

Tesla CEO, Elon Musk's recent tweets have fuelled the rally in Bitcoin, Dogecoin. While his tweets in support drive the prices of cryptocurrencies up, his recent remark on Twitter 'BTC & ETH do seem high' pulled the prices of these digiassets down. \"What Elon Musk tweets about, when he actually moves people to action, there's something more than just his opinion. He is pushing people to take interest in it. The $1.5 billion that Tesla invested in Bitcoin shows -- somebody who truly knows value and is able to see forward in time and able to spot good trend. It made a lot of people thing if he can do it, so can I. I am sure every corporate boardroom is talking Bitcoin, the same way in 1999 they were discussing the dotcom,\" says Vikram Rangala, Chief Marketing Officer, ZebPay. Watch as he speaks to Business Today's Avneet Kaur about what drives the Bitcoin price.Also Read: 'Bitcoin will touch $100,000 soon, it's not a bubble,' say cryptocurrency experts

Tesla recorded a sharp decline in its stock after Musk tweeted on Saturday last week saying Bitcoin and Ether prices \"do seem high\" .This also led to a major fall in world's biggest cryptocurrency Bitcoin's price

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday

The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year

Rallying over 300 per cent in the last year, the world's largest cryptocurrency, Bitcoin, has gained popularity in the country among other crypto assets, with top exchanges witnessing a multifold jump in trading volumes

Share Market, Here's a list of 8 top losers today, 17 February: Nestle, Asian Paints, Maruti, Bajaj Finserv, HDFC Bank, IndusInd Bank, HDFC and Dr Reddy's were trading as the top gainers on BSE and NSE today

Bitcoin breached $50,000 mark for the first time on Tuesday, mainly due to increasing interest and participation from institutional investors

Bitcoin breached $50,000 mark for the first time on Tuesday, mainly due to increasing interest and participation from institutional investors

Stock Market News Updates Today: Nestle India, Titan, RIL, ITC, HUL, HCL Tech, ONGC, HDFC, TCS, PowerGrid and ICICI Bank were among the top losers today. On the other hand, Bajaj Auto, SBI, Bajaj Finance and Reliance Industries were among the gainers