Month: November 2021

India intends to ‘fast track’ a new cryptocurrency bill and seeks to regulate cryptocurrency in a’middle path,’ according to a report.

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India is rumoured to be modifying its crypto bill in order to introduce it at the start of Parliament’s Winter Session. India is now attempting to regulate cryptocurrency. According to the Economic Times, which cited an unnamed government source, the government is now examining a “middle way” to regulate cryptocurrency that balances all stakeholders’ concerns. … Read more

Bitcoin and other digital currencies have surpassed the $3 trillion threshold in the global cryptocurrency market.

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Bitcoin’s price has increased by 11.6 percent in the last seven days, while Ethereum’s price has increased by 11.2 percent. Binance Coin, Solana, Cardano, XRP, Polkadot, and Dogecoin all had gains of 17.6%, 21.4 percent, 17.2%, 15.7 percent, 5.7 percent, and 3.6 percent, respectively. Almost six weeks after the entire market value of all cryptocurrencies … Read more

Today’s top cryptocurrency values are: Bitcoin, Dogecoin, and Cardano are all up 5%.

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New Delhi, India: On Tuesday, major cryptocurrencies continued to rise, with Bitcoin reaching fresh lifetime highs. As investors’ attention turned from gold to the digital spectrum, other cryptocurrencies followed. With the exception of the dollar-pegged stablecoins and Solana, all of the top ten cryptocurrencies were trading higher around 9.30 IST. Bitcoin, Cardano, and Dogecoin all … Read more

India is considering a’middle ground’ approach to cryptocurrencies.

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New Delhi, India: India is seeking a middle ground on cryptocurrencies as it finalises legislation to be submitted in Parliament during the forthcoming winter session. According to a government source, the tough attitude of an outright ban on cryptos is not conceivable due to huge investments in such instruments by Indians, and these unregulated virtual … Read more

Is there any more steam left in the ‘Ethereum Killer’ after a 17,500 percent gain in 2021?

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New Delhi, India: The increased demand for Ethereum has triggered a boom in Solana, its main competitor, which has had a remarkable year. Solana, dubbed the “Ethereum Killer” by many analysts and professionals, has increased in value by more than 17,500% in 2021, making it the fourth largest cryptocurrency by market capitalization. Solana now has … Read more

Today’s top cryptocurrency prices: Solana and Binance Coin are down; XRP is up 9%.

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New Delhi, India: Following a weekend bounce, major cryptocurrencies have continued to rise. Investors, on the other hand, made money in a couple of altcoins. At 9.30 IST, six of the top ten cryptocurrencies were trading higher. Profit booking was seen in Binance Coin and Solana, while XRP gained 9%. The worldwide crypto market capitalization … Read more

Bitcoin and Ether Fall; Cryptocurrency Update: 6 Coins Rise Up To 3,016.20 Percent In A Day

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After reaching an all-time high of $66,000 last month, the world’s largest cryptocurrency, Bitcoin, slipped below the $62,000 barrier on Friday, October 5. Over the last 24 hours, the altcoin’s market capitalization has dropped by 0.87 percent. According to CoinMarketCap data at the time of writing, one Bitcoin was worth $61,363 at the time of … Read more

The case of the Karnataka cryptocurrency scam and the man behind it

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Cryptocurrencies have been the subject of numerous frauds over the years, which is one of the reasons they are not recognised as legal tender in many countries, including India. Another scandal recently startled the Karnataka government. The state’s opposition has made a big deal out of a computer hacker’s suspected cryptocurrency transactions with “powerful politicians.” … Read more

New York Mayor-elect Bill de Blasio Goes Crypto, Demanding the First Three Bitcoin Paychecks

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Mayor-elect Eric Adams of New York announced on Thursday that he will accept bitcoin for his first three paychecks, signalling his ambition to make his city the “crown jewel of the cryptocurrency business” after he takes office in January. “In New York, we always go big,” Mr Adams wrote on Twitter, “so when I become … Read more

This Diwali, which crypto coins are Indians purchasing? Here’s the solution: it

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Meme coins are no longer a joke. The recent trading frenzy around a digital cryptocurrency known as Shiba Inu—commonly referred to as a “meme” or joke coin—has emerged as the most valuable digital asset for Indians this Diwali, surpassing its rival, Dogecoin, with a global market capital of $40 billion. Bitcoin, the new “Big B,” … Read more

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