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According to statistics, India currently has the biggest number of cryptocurrency owners in the world, with over 10 crore people holding the digital money. However, before you go on the crypto bandwagon, you should be aware that, like many other investing opportunities, crypto is not without danger. Crypto scams are also on the rise, with … Read more
Bitcoin fell to $58,703 at one time. Dogecoin experienced a drop as well. Crypto prices have dropped due to significant profit booking, according to industry experts. On November 16, the top cryptocurrencies experienced a significant drop. Bitcoin fell to $58,703 at one time. It later recovered and was trading at roughly $60,066 at the time. … Read more
The Union Finance Ministry has announced that it will make a decision on creating a state-issued cryptocurrency shortly, despite a global increase in cryptocurrencies. The Union Finance Ministry has announced that it will make a decision on a state-issued cryptocurrency soon, but will outlaw all private cryptocurrencies, despite a global increase in cryptocurrencies. Union Dy … Read more
Bitcoin, the world’s largest cryptocurrency, stayed above the $66,000 mark on Monday, November 15, a week after reaching an all-time high of $69,000 and then dipping below the $65,000 barrier. At the time of writing this article, one Bitcoin token was worth $65,885.57. According to data from cryptocurrency tracking website CoinMarketCap, this represents a 2.24 … Read more
According to Vijay Ayyar, CEO of Asia Pacific at crypto exchange Luno in Singapore, Ether has consolidated in recent days and the longer term outlook is favourable. After a record-breaking run, technical signs imply Ether, the second-largest cryptocurrency, is poised for a breather. The Ethereum blockchain’s native token has risen more than sixfold this year, … Read more
The Reserve Bank of India (RBI) is still a critic, but it is now working on a digital currency. The government may submit a crypto law to the cabinet for consideration. According to those acquainted with the situation, India is considering innovative and forward-thinking regulations on cryptocurrencies, a move that could be a break from … Read more
New Delhi, India: Crypto aficionados are used to hearing about astronomical returns from a lesser-known coin in a matter of hours. It was accomplished by SQUID, Shiba Inu, and Kokoswap. There’s a new name to add to the list: HuskyX. (HUSKYX). In the previous 24 hours, the new cryptoverse has returned almost 67,000%. The digital … Read more
Cryptocurrency banking primarily allows users to store their cash in a digital wallet or spend them in the same way they would traditional currency. On exchange sites, people can control their crypto balances. Traders, investors, and financial institutions have all expressed interest in cryptocurrencies and its novel blockchain-based method. However, the virtual medium eliminates the … Read more
According to news agency ANI, which cited anonymous government sources, Prime Minister Narendra Modi chaired an important discussion today on the future of cryptocurrencies and associated issues. The meeting comes after Reserve Bank of India (RBI) governor Shaktikanta Das issued a warning about cryptocurrencies, warning investors about the dangers of the digital money. The conference … Read more
It’s vital to note that failing to report cryptocurrency trading profits or losses can result in penalties and even prosecution. When the coronavirus pandemic swept the globe, shutting down businesses and other economic activities, the markets were filled with despair. The rise of Bitcoin, on the other hand, has served to alleviate some of the … Read more