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As the market shifts its focus to altcoins, Bitcoin continues to fall below $57,000.

Ether prices have remained unchanged over the last 24 hours, and the cryptocurrency has lost 9% in the last week. Bitcoin showed hints of recovery over the weekend, but it has since fallen in value once more. Bitcoin is presently trading at $62,320 (approximately Rs. 46.4 lakh) on Indian market CoinSwitch Kuber, while the most […]

Business

A bill on cryptocurrency is one of 29 that will be introduced this year.

 PM Modi recently chaired a high-level meeting with officials from various ministries and the RBI on the topic of cryptocurrency during the Winter Session. New Delhi, India: During the Winter Session, which begins on November 29, 2021, a Bill to prohibit all private cryptocurrencies in India with limited restrictions is scheduled to be taken up […]

Business

Shiba Inu gets pushed out of the top ten cryptocurrency ranking by this coin.

After reaching a partnership contract with Deloitte to increase US disaster-relief funding, Avalanche cryptocurrency has moved Dogecoin out of the top ten. After more than doubling in price since the beginning of November, the Avalanche token, AVAX, is currently the tenth-largest cryptocurrency by market capitalization. In doing so, it surpassed Dogecoin’s $30.30 billion in circulation […]

Business

Top cryptocurrency prices today: Bitcoin, Ether fall up to 4%; Solana among gainers

New Delhi: Cryptocurrency counters continued to bleed on Monday amidst the volatility in the market. Traders turned anxious, booked profits in the digital tokens as they are on their toes considering the regulation buzz in the global markets. Bitcoin, which has been falling since hitting all-time high, fell further 2 per cent. Ether followed suit, […]

Business

In India, a crypto ban is unlikely, but the government intends to discourage trade.

The cryptocurrency market has been quietly growing in India for several months, and the Reserve Bank of India has raised worries about it, prompting the Centre to take notice. In recent days, the government has stated that it intends to regulate cryptocurrencies in order to prevent investors from keeping them without limitation. It does not, […]

Business

Shiba Inu, Bitcoin, Dogecoin, Ether, As the global crypto market cap falls, expect big drops.

Despite signs of recovery on Thursday morning, bitcoin prices have continued to fall. Bitcoin is presently trading at $60,879 (approximately Rs. 45.2 lakh) on Indian market CoinSwitch Kuber, while the most popular cryptocurrency is valued at $55,950 on worldwide platforms like CoinMarketCap (roughly Rs. 41.5 lakh). In terms of percentages, Bitcoin has dropped 7.55 percent […]

Business

Crypto earnings may be taxed if government amends income tax legislation in the next Budget.

New Delhi, India: With Budget 2022, the central government intends to make major modifications to income tax legislation. The government is considering steps to bring cryptocurrencies within the tax system, according to Revenue Secretary Tarun Bajaj. According to Bajaj, some people are already paying capital gains tax on bitcoin revenue, and the law is “quite […]

Business

On television, cricket matches garnered the most bitcoin ads.

This year, cryptocurrency commercials, which are being increasingly scrutinised, were widely featured on TV channels, particularly during the broadcast of cricket competitions. According to AdEx India, a branch of TAM Media Research, a television audience measurement analysis organisation, over 85% of bitcoin commercials shown on TV this year were on sports channels. News networks accounted […]