Investing in cryptocurrency is quickly becoming a viable alternative to more traditional, physical assets. As the internet overtakes older forms of communication, it ushers in innovative forms of money transaction. Crypto-blockchain technology is toward the top of the list. However, for all of its convenience and popularity, it is a market steeped in mystery. If…
Daily Crypto News 16 June 2021
Bitcoin price hits $41K A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a…
Except India, How Cryptocurrency Regulations work Across the World
Cryptocurrency transactions are governed by rules in these countries Cryptocurrency has been around for quite some time. However, mainstream adoption has increased recently, with 2020 being a significant year to add to its importance. However, 2021 is a big year because countries all around the world have sought to adopt cryptocurrencies in some form or…
How do you see the possibility of allowing cryptocurrency for trade and commerce?
Apart from the investment interest in India, cryptocurrency is expected to see increased activity this year, with more avenues for its utility opening up, including banking services, trade, and remittances. Since March, when the Supreme Court allowed banks to deal with cryptocurrency exchanges, trading volumes have nearly quadrupled. The underlying technology for trade and commerce…
June 12 Daily report: The Iconic “Doge” Meme Of Dogecoin, BTC Awaits a Breakout, Cardano Is Exploring A New Mechanism, Litecoin Could Ultimately Benefit From Bitcoin’s Success and DeFi app helps you access the liquidity
The Iconic “Doge” Meme Of Dogecoin Just Sold As An NFT For $4 Million In 2021, Dogecoin has received a lot of attention due to its spectacular price surge. “Doge,” the image of an excited Shiba Inu and the face of dogecoin, which has become one of the internet’s most famous memes, has sold for…
Bitcoin may soon be classified as a regulated ‘asset’ in India
According to a story in India’s local daily the New Indian Express this morning, lawmakers are considering classifying Bitcoin as an “asset” regulated by the Securities and Exchange Board of India (SEBI). Regulation for Bitcoin incoming? SEBI will be in charge of overseeing Bitcoin activities in India and classifying it as a valid, regulated ‘asset.’…