Cryptocurrencies are among the most volatile instruments available. That is why astute investors prefer a methodical investment strategy (SIPs). You can begin with a minimum of Rs 100 and invest in SIPs on a daily, weekly, or monthly basis. An SIP in a cryptocurrency protects you from large losses if the value of your coin…
Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencies Social media platform Tiktok has banned content promoting cryptocurrencies and related products and services. The company’s “Branded Content Policy” states: All financial…
Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power. The recent mining crackdown in China is also helping companies like Riot to keep growing. The company plans to continue increasing its…
Israel’s Defense Minister Benny Gantz has ordered the seizure of cryptocurrency funds raised by the Palestinian Islamist movement Hamas. His department has reportedly started taking control over digital wallets used by the terrorist group to collect crypto donations from abroad. Defense Ministry of Israel Targets Crypto Addresses Used by Hamas Minister Gantz approved the seizure…
Axie Infinity NFT Ecosystem Rallies 200% as Metrics Display Parabolic Growth Pokémon-inspired game, Axie Infinity, has been enjoying explosive growth and has even been credited as a key driver for the NFT market according to research from DappRadar. In the last 7 days the native token of Axie Infinity, AXS, has risen by 148%. Over…
The Chinese government is taking its digital yuan test one step further. Now, 10 million users will be able to test and use the currency after applying to join a whitelist in selected state banks. This new phase of the test aims to detect possible problems in a more broad testing environment. China is preparing…
