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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 … Read more
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, … Read more
In the midst of India’s ongoing discussion about cryptocurrency regulation, a cloud of anxiety and uncertainty hangs over the country’s crypto ecosystem, as the government has hinted that the Cryptocurrency Bill will be introduced in the Winter Session. According to BrokerChooser, a broker search and comparison website, India now has over 10 crore cryptocurrency investors … Read more
In the wider public interest, the government may seek to establish certain boundaries for crypto in India after multiple rounds of caution. There have been some fast-paced changes on the way forward for digital currencies in India amid growing cryptocurrency excitement, with RBI governor Shaktikanta Das kicking it off by sounding a note of caution … 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
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
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
Players in the cryptocurrency industry are expected to meet with government officials to discuss the roadmap. On November 15, at 3 p.m. in New Delhi, the meeting will begin. Top crypto stakeholders have been invited to a meeting by government officials. The gathering will include representatives from CoinSwitch Kuber, CoinDCX, WazirX, and the Crypto Assets … Read more
According to Coinmarketcap data, Kokoswap, a little-known cryptocurrency, soared from $0.01005 to $7.22 in just 24 hours on November 10, a whopping 71,000 percent increase. Kokoswap is presently trading at $6.44, with a market capitalization of almost $2 billion (17:32 IST). The cryptocurrency market has been extremely turbulent in recent weeks, with massive price fluctuations. … Read more