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The price of bitcoin plummeted on Saturday, hitting a seven-week low after a new coronavirus type was discovered in South Africa. According to CoinMarketCap, the world’s largest cryptocurrency has plummeted almost 6% in the previous 24 hours to $54,425.11. Bitcoin has dropped to its lowest level since October as a result of the rapid drop … Read more
Following Thursday’s gains, the cryptocurrency appeared to be on track to go through $60,000, but COVID worries thwarted the move. On Friday, the financial markets were a sea of red, as fears about a new coronavirus variety appeared to have stifled risk appetite. Bitcoin is currently trading at $55,000, down 6.7 percent on the day, … Read more
The government’s announcement that the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 will be introduced in the upcoming winter session of Parliament has sparked a market uproar. According to the 2021 Chainalysis’ Global Crypto Adoption Index, India’s digital currency sector was valued $6.6 billion in May, compared to $923 million in April 2020. … Read more
New Delhi, India: The Central government said earlier this week that it will introduce a measure to ban all private cryptocurrencies in the forthcoming winter session of Parliament, a move that has alarmed crypto investors in the country. The government has disclosed plans to launch an official digital currency in conjunction with the move to … Read more
Elon Musk, the CEO of Tesla, has been outspoken about his belief in Dogecoin, a meme-coin cryptocurrency that skyrocketed in value earlier this year. Now, Musk has some Dogecoin advice for you. Musk agreed with Bill Lee, a founding partner of West Coast Holdings and an investor in Musk’s firms, that the holdings should not … Read more
In Parliament’s winter session, which begins on November 29, India plans to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. The measure aims to outlaw all private cryptocurrencies and provide a framework for the creation of a government-backed digital currency. While crypto transactions have yet to be regulated in India, the digital … Read more
Since a day ago, crypto investors have been in a panic mode due to news that cryptocurrency will be controlled by the government soon. Bitcoin, Solana, and other cryptocurrencies all plunged in price the day before, but gained somewhat on Thursday, November 25, as markets stabilised after the first ripple impact. Two days ago, the … Read more
In the upcoming winter session of Parliament, the Centre is expected to introduce legislation banning all cryptocurrencies in India, with a few exceptions, and creating a framework to control digital currency issued by the Reserve Bank of India (RBI). In the upcoming winter session of Parliament, the Centre is expected to introduce legislation banning all … Read more
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 … Read more
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 … Read more