Great Expectations: What the Indian crypto industry is hoping for in Budget 2023

The crypto industry has great expectations from the upcoming Union Budget of 2023. The Industry is hoping that FM Nirmala Sitraman will bring a number of changes, specifically how Virtual…

Continue ReadingGreat Expectations: What the Indian crypto industry is hoping for in Budget 2023

Big investors are giving up on crypto markets going mainstream

Institutional investors were souring on cryptocurrencies even before this week. The sudden downfall of Sam Bankman-Fried’s FTX.com may have permanently damaged their prospects of being included in mainstream portfolios. While…

Continue ReadingBig investors are giving up on crypto markets going mainstream

Don’t get NFTs just to show off, look for value in it: Arijit Mukherjee, Yunometa

Lately, NFTs have been outcasts following the crypto crash. However, Yunometa's founder and CEO, Arijit Mukherjee, believes that the crypto and NFT market will make a strong comeback in times…

Continue ReadingDon’t get NFTs just to show off, look for value in it: Arijit Mukherjee, Yunometa

Bitcoin tops $25,000 for first rime since June amid crypto rally

Bitcoin briefly surpassed $25,000 for the first time since mid-June, as momentum continued from a cooler-than-expected US inflation data and progress toward Ethereum’s big upgrade. The largest cryptocurrency rose as…

Continue ReadingBitcoin tops $25,000 for first rime since June amid crypto rally

Bitcoin tops $22,000, crypto m-cap hits $1 tn. Is tide turning for the industry?

Crypto market has scripted a strong recovery in the last one week, with major crypto tokens rising up to 70 per cent. The largest crypto token - Bitcoin surged on…

Continue ReadingBitcoin tops $22,000, crypto m-cap hits $1 tn. Is tide turning for the industry?

Want to invest in cryptos during bear market? Have a look at these segments

New Delhi: Investors in the cryptocurrency market are facing a tough time amid heightened volatility and extreme selling pressure, as the bears have tightened their grip on the space. Major…

Continue ReadingWant to invest in cryptos during bear market? Have a look at these segments

Cryptocurrencies melt down in a ‘perfect storm’ of fear and panic

SAN FRANCISCO - The price of bitcoin plunged to its lowest point since 2020. Coinbase, the large cryptocurrency exchange, tanked in value. A cryptocurrency that promoted itself as a stable…

Continue ReadingCryptocurrencies melt down in a ‘perfect storm’ of fear and panic

Does the cryptocurrency crash pose a threat to the financial system?

WASHINGTON- On Tuesday, Bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month,…

Continue ReadingDoes the cryptocurrency crash pose a threat to the financial system?

Cryptocurrencies fail to fulfil any of its traditional 3 functions: Gavin Jackson

Designed to be completely private and unrelated to governments, can cryptocurrency be the future of money? Well, so far these decentralised electronic tokens have generally not worked very well as…

Continue ReadingCryptocurrencies fail to fulfil any of its traditional 3 functions: Gavin Jackson

Coinbase launch brings UPI use for crypto under lens

Mumbai | Bengaluru: The launch of Coinbase Global Inc’s crypto trading platform in the country may have already hit a roadblock. The US-based company’s decision to allow clients to use…

Continue ReadingCoinbase launch brings UPI use for crypto under lens