According to ET, the NPCI has refused to block fund movements for cryptocurrency trades in India. It is said to have asked banks to make a decision based on the advice of their legal and compliance departments. “If the NPCI took a central decision to disable UPI and RuPay cards for investing in cryptocurrencies, it…
May 7 Daily report: DOGE flips BTC volume, Bitcoin revenue up 1000%, Altcoins rally as bulls pile into large-cap tokens, EOS price rallies 100% and Indian startup organization proposes a regulatory framework for crypto
DOGE flips BTC volume for the first time Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese exchange Huobi surpassing that of leading assets ETH and BTC. Searches for ‘Dogecoin’ on WeChat surpassed searches for Bitcoin, with 2.3 million versus 1.7 million on May 5th.…
Dogecoin SNL Marathon
Dogecoin SNL and Elon Musk Anticipation have caught up with BuyUcoin Team as well. To share the SNL drive with the world we are launching a Contest Marathon. Dogecoin Trading Competition and, Dogecoin Deposit Contest Let’s Talk about Dogecoin Trading Competition and Prize Distribution How-To participate in Dogecoin SNL Trading Competition Trade Dogecoin with INR…
May 6 Daily report: PayPal says its crypto efforts are producing ‘really great results’, Telcoin (TEL) gains 300%, Dogecoin traders are rotating profits into large-cap altcoins, Bitcoin miners’ revenue rebounds to $60M per day and Other Ethereum coin has pumped 130% in the last week
PayPal says its crypto efforts are producing ‘really great results’ on the earnings call PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system. The firm’s shares rose by more than 5% on Wednesday, April 5 in response to the earnings update, after PayPal revealed its per-share earnings had outperformed expectations…
May 5 Daily report: 40% intend to use crypto for payments in the next year, Gnosis, Balancer, and PancakeSwap breakout, Institutional managers hold a record $13.9B worth of Ethereum, Uniswap v3 spark a new Defi boom and Dogecoin, the leading indicator for alt season
The launch of Uniswap v3 spark a new Defi boom With Uniswap’s TVL growing from $13.7 million to $8.5 billion since launching its v2 iteration, some onlookers believe the DEX’s v3 launch could spark the next Defi rally. With the total value locked in decentralized finance on Ethereum now $89 billion, the market is eagerly…
Central bank-issued digital coins have been spotted coexisting with Bitcoin
According to Changpeng Zhao, chief executive officer of Binance, cryptocurrencies such as Bitcoin and Ether will coexist “for a while” with more restrictive Central bank-issued digital coins. Central bank-issued digital coins Zhao, who runs the world’s largest Bitcoin exchange, believes that central bank-issued digital coins will differ from public coins in a variety of ways.…