Category: Cryptocurrency

Meta has reportedly reached out to India’s telecom regulator seeking assistance in addressing metaverse and AI-related issues. In a detailed written letter to the Telecom Regulatory Authority of India (TRAI), the US-based tech giant has asked for the creation of regulatory sandboxes to bridge the regulatory gaps and develop a nurturing policy work for the…

Bitcoin on Monday, January 29, stepped into the trading rink at the price point of $42,175 (roughly Rs. 35 lakh). After a dull week, the asset has reclaimed its pricing above the mark of $42,000 (roughly Rs. 34.9 lakh) despite reflecting a loss of 0.50 percent on Monday. Over the last week, the value of…

South Korea, despite its relatively pro-crypto stance, is trying to regulate the ways its residents interact and engage with virtual currencies. The Financial Services Commission (FSC) of South Korea is proposing to ban the purchase of cryptocurrencies via credit cards. The aim is to keep reducing the margin for notorious elements to misuse crypto assets…

The overall crypto market displayed a slight bearish sentiment through the first weekend of the year 2024. Bitcoin forayed into the second week of 2024 trading at the price point of $43,240 (roughly Rs. 43.9 lakh). Over the weekend, the value of the oldest crypto asset dropped by $226 (roughly Rs. 18,780). Currently, the biggest…

The number of vendors and businesses accepting payments through Bitcoin spiked by a whopping 174 percent last year. The most expensive cryptocurrency in existence, Bitcoin went through a notable slump in 2023 after several market shaking incidents like the collapse of FTX and Terra left investors high and dry. For most of the year, Bitcoin…

The regulatory and safety concerns kept the global crypto market highly volatile in 2023. This made 2023 the slowest year for crypto since 2019. The number of job openings in the Web3 sector also registered ups and downs last year – where opportunities did diversify on the global level but saw a reported decline of…

Bitcoin on Tuesday, December 9 minted a substantial profit of 7.71 percent. The value of Bitcoin, for the first time in months and this year, reached the mark of $46,752 (roughly Rs. 38.8 lakh). The growth was clocked by Bitcoin just one day before the SEC’s decision on ARK/21 Share’s proposal to launch its Bitcoin…

Bitcoin on Tuesday, January 23 reflected a loss of 3.63 percent. With this, the value of Bitcoin has dropped to $39,820 (roughly Rs. 33 lakh). This is the first time in the last two months that Bitcoin has dropped below the mark of $40,000 (roughly Rs. 33 lakh). In the last 24 hours, Bitcoin’s price…

Ahead of India’s 75th Republic Day, Indian crypto exchange CoinDCX has announced a grant programme for Indian Web3 developers in partnership with the Solana Foundation. The grant, worth Rs. 25 crore, aims to help bootstrapped Indian Web3 developers designing products on the Solana blockchain. In an official announcement shared on Thursday, January 25, CoinDCX said…

Bitcoin on Thursday, January 25 recorded a miniscule gain of 0.50 percent. Despite this development, Bitcoin did not see a big change in its price. At the time of writing, the value of BTC stood at $39,921 (roughly Rs. 33 lakh). The asset did grow in value by $271 (roughly Rs. 22,527) in the last…

Bitcoin logged a loss of 1.06 percent on Wednesday, January 24. At the time of writing, the oldest asset of the crypto sector was trading at the price point of $39,650 (roughly Rs. 32.9 lakh). In the last 24 hours, Bitcoin has slipped by $170 (roughly Rs. 14,134). As per market analysts, the crypto market…

Earlier this month, leaders from the international financial sector gathered under one roof to attend the World Economic Forum held in Davos, Switzerland. The topics of blockchain, cryptocurrencies, and Artificial Intelligence were most discussed during this event. Several financial experts claimed that the integration of AI with blockchain elements could be a game changer for…

Stan, the Indian blockchain esports firm, has closed its Pre-Series A funding round as per an official announcement shared Tuesday, January 23. The company has bagged an investment of $2.7 million (roughly Rs. 22 crore) from several investors, including CoinDCX Ventures and Coinswitch Ventures. With the fresh inflow of capital, Stan says it aims to…

The Web3 industry seems to be on an ever-evolving movement where blockchain-based concepts arrive and die on an everyday basis. Last year, for instance, the sector of non-fungible tokens (NFTs) dropped to its record low in-terms of sales – but then the Ordinals category of these digital collectibles managed to re-ignite the interest of the…

Bitcoin stepped into the final week of January 2024, trading in losses. The asset, on Monday, January 22 recorded a loss of 1.72 percent. This took its trading value to $40,955 (roughly Rs. 34 lakh). Over the weekend, the value of BTC dropped by $50 (roughly Rs. 4,155). After showing a stellar performance in an…

China, that banned all uses of cryptocurrencies back in September 2021, is taking an interest in exploring the metaverse sector. The country has gathered a bunch of its native tech giants to form a body that would set the standards for use and exploration of metaverse in China. Huawei, Ant Group, Tencent, and Baidu are…

Japan, under its pro-Web3 Prime Minister Fumio Kishida, is taking efforts as a community to establish itself as a hotspot for blockchain-related activities. Recently, it has been reported that Japanese e-commerce major Mercari is planning to accept Bitcoin payment in the coming months. Launched in the year 2013, the Tokyo-headquartered company has a monthly active…

Indian crypto exchanges are reaping the benefits of the government opening compliance investigations on foreign crypto exchanges like Binance and Kraken. Over the last week, Indian crypto exchanges recorded a massive inflow of deposits, that has now opened a competition amongst Indian exchanges. CoinDCX, that claims to have seen a 2,000 percent hike in crypto…

The startup ecosystem of India, emerged as the third largest in the world, with over 99,000 recognised firms and 108 unicorns. In regard to the Web3 ecosystem, industry players have identified setbacks, that is slowing down the overall growth of the sector. As India observes the National Startup Day on Tuesday, January 16 – CoinDCX’s…

The US Securities and Exchange Commission agreed to delay a civil trial against Terraform Labs and co-founder Do Kwon for allegedly orchestrating a $40 billion (roughly Rs. 3,32,329 crore) cryptocurrency fraud, so that Kwon can be extradited and attend. In a Monday filing in Manhattan federal court, the SEC said a “modest” adjournment of the…

The US, in recent years, has emerged as one of the most crypto-friendly nations in the world with more investors and merchants experimenting with digital assets there. At a time when the nation is conducting research and studies around the need and use-cases of the blockchain-based digital dollar CBDC, former President Donald Trump has ignited…

This entire week, Bitcoin and Ether continued to trade under a loss-spell. On Friday, January 19, Bitcoin showed a loss of 3.77 percent on Gadgets 360’s crypto price tracker. Its value, at the time of writing, stood at $41,005 (roughly Rs. 34.09 lakh). This is Bitcoin’s lowest value in the recent weeks. Over the last…

Bitcoin on Thursday, January 18 clocked a minor dip of 0.87 percent. The oldest, most expensive cryptocurrency was trading at the price point of $42,544 (roughly Rs. 35.3 lakh) at the time of writing. In the last 24 hours, the value of Bitcoin has reduced by $302 (roughly Rs. 25,115). Bitcoin’s price has mostly remained…

A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry. Coinbase has asked the court to dismiss the Securities and Exchange Commission’s lawsuit alleging the largest US crypto exchange is…

The ongoing 2024 session of the annual World Economic Forum (WEF) in Davos has brought together leaders of global finance industry under one roof. The topic of cryptocurrencies is gaining major traction among speakers and attendees, with industry experts shading divided opinions around the niche and upcoming financial technology. Speaking at the event, RBI governor…

Bitcoin on Wednesday, January 17 minted a small gain of 0.07 percent. At the time of writing, the oldest and most expensive crypto asset was trading at $42,846 (roughly Rs. 35.6 lakh) as shown by Gadgets360’s crypto price tracker. In the last 24 hours, Bitcoin has managed to spike in price by $221 (roughly Rs….

Mercedes, the German luxury carmaker has decided to express its stance on the controversial Web3 sector, in a rather bold and artistic way. In a revamp to its operating system, Mercedes-Benz has decided to include a digital gallery, showing off non-fungible tokens (NFTs). Built on blockchains, NFTs are digital collectibles that hold underlaying values, which…

Bitcoin on Tuesday, January 16 reflected a minor gain of 0.36 percent. The asset, at the time of writing, was trading at $42,625 (roughly Rs. 35.3 lakh) as per Gadget360’s crypto price tracker. As opposed to what was predicted, the approvals of BTC ETFs in the US last week, did not manage to propel the…

A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year. In cryptocurrencies, bitcoin held near its strongest level since April 2022 on growing anticipation the Securities and Exchange Commission will imminently approve spot bitcoin exchange-traded…

Apple’s App Store, as of Wednesday, January 10 is not showing a number of foreign crypto exchanges like Binance and Kraken in India. Several members of India’s crypto community posted screenshots of their Apple Store searches on X, showing no results on the App Store. The development comes at a time when the government of…

Crypto asset manager Bitwise said on Friday that $240 million (roughly Rs. 1,990 crore) flowed into its spot bitcoin exchange-traded fund (ETF), the most of the 10 such products that began trading on Thursday. The U.S. Securities and Exchange Commission approved 11 spot bitcoin ETFs this week, including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust,…

The overall Web3 industry witnessed a bunch of ups and downs in the year of 2023 – but in the midst of all the turmoil, it did manage to attract more attention and recorded a boom. The number of unique active wallets (UAW) that interacted with Web3 spiked by 124 percent in 2023, as per…

US-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by the US securities regulator on Wednesday. The products mark a watershed moment for the cryptocurrency industry that will test whether digital assets – still viewed…

The first two weeks of 2024 saw major upheaval with the excitement around the approval of BTC ETFs in the US. The market volatility seems to be cooling off now that the ETFs have been approved – but regardless, a fresh setback has hit the crypto sector. The Near Foundation has decided to lay off…

Bitcoin on Friday, December 12 clocked a loss of 1.05 percent – one day after the US SEC approved 11 BTC ETFs in a milestone decision for the global crypto sector. Bitcoin is presently trading at the price point of $46,066 (roughly Rs. 38.2 lakh). In the last 24 hours, the value of the asset…

Cryptocurrencies can pose significant risks to emerging markets, the Reserve Bank of India (RBI) chief said on Thursday, cautioning that the central bank’s stand on the issue remains unchanged despite wider acceptance in other countries. “Our position, my position and the RBI’s position on this (cryptocurrencies) remains unchanged irrespective of who does what,” Shaktikanta Das…

Bitcoin on Thursday, January 11 minted a small profit and continued trading at the price point of $46,331 (roughly Rs. 38.4 lakh). In a historic development, the US SEC finally gave the green signal to 11 Bitcoin ETF applications that include Blackrock, Fidelity, and Invesco among others. This has ushered in an excitement-induced sentiment among…

Unidentified notorious miscreants managed to hack the X account of the US Securities and Exchange Commission (SEC) last night, sending the global crypto community into a frenzy. Elon Musk-headed X confirmed on Wednesday, January 10 that SEC’s confirmation of BTC ETFs being approved – was indeed a ruse hatched by whoever hacked the SEC’s X…

Bitcoin on Wednesday, December 10 reflected a minor loss of 1.71 percent. This price drop however, did not spell doom for the asset, as it continued to trade at $45,917 (roughly Rs. 38 lakh). In the last 24 hours, the value of Bitcoin has reduced by $835 (roughly Rs. 69,432). The volatility in BTC pricing…

Bitcoin on Friday, January 5 reflected small gains of under one percent as many altcoins that were trading in losses a day ago, showed profits. At the time of writing, the value of Bitcoin stood at $43,466 (roughly Rs. 36 lakh). In the last 24 hours, the value of Bitcoin rose by $396 (roughly Rs….

Payments giant Visa is drilling deeper into the Web3 sector with a new initiative that it has announced in the very first week of 2024. The US-headquartered company has announced a new Web3 loyalty service to assist brands experiment with Web3 elements like NFTs, metaverse, and cryptocurrencies. Visa is one of the world’s largest fintech…

The threats of deepfakes are looming large over the social media landscape. The crypto sector is no exception to the dangers of deepfakes-powered fake news. In a new development, a deepfake video of Anatoly Yakovenko, the co-founder of Solana, was found circulating on social media. The video has been found on YouTube and X among…

Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its target of one million daily transactions by end-2023, three sources directly familiar with the development said. The central bank digital currency (CBDC), called the e-rupee, has been devised as a digital alternative to physical cash…

Sumit Gupta, the CEO of CoinDCX crypto exchange has refuted claims that it has allegedly defrauded some of its users. This response came after media reports citing anonymous police officials from Delhi claimed that CoinDCX asked users to pay extra money to process withdrawals – with a promise of tax deduction and refund from the…

The charm of OG cartoon characters seem to be making a comeback on to the newer generations with a fresh flavour of Web3. At a time when the overall NFT market is experiencing upheaval, NFTs inspired by one particular cartoon character outshone all others on the world’s largest NFT platform, OpenSea. This character is none…

More measures may be needed to stop blow-ups at complex crypto firms like FTX from destabilising the wider financial system, the global Financial Stability Board (FSB) said on Tuesday. The FSB, which groups regulators, central banks and treasury officials from the G20 economies, said turmoil in crypto markets last year when FTX collapsed highlighted how…

Bitcoin briefly touched its 19-month high of $38,000 (roughly Rs. 31 lakh) today. Amid the market volatility, the oldest cryptocurrency clocked a small gain on Thursday, November 30, taking its price to $37,866 (roughly Rs. 31.5 lakh). The month of November proved to be rather lucrative for the crypto market, which saw Bitcoin’s price escalate…

Bitcoin on Monday, December 4 reflected a profit of 2.66 percent on the crypto price chart. With this, the value of the most expensive cryptocurrency reached $40,578 (roughly Rs. 33.7 lakh), its highest price point for the year of 2023. Over the weekend, Bitcoin rose in value by $2,854 (roughly Rs. 2.37 lakh). At present,…

Bitcoin on Tuesday, December 5 marched ahead on the price ladder and registered a fresher nineteen-month high for itself. With a profit of 2.59 percent, Bitcoin is presently trading at the price point of $41,738 (roughly Rs. 34.8 lakh). In the last 24 hours, the value of Bitcoin has risen by $1,160 (roughly Rs. 96,728)….

WazirX, CoinDCX, and CoinSwitch are among the 28 crypto firms that have registered their operations with the Indian Financial Intelligence Unit (FIU). This registration is vital and was first mandated to be completed by firms dealing in virtual digital assets back in March this year. In India, entities dealing in crypto assets are categorised as…

The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets. Crypto companies spent $18.96 million (roughly Rs. 158 crore) in the first three quarters of…

Over 100 websites, which facilitated organised illegal investments and task-based part time job frauds, were blocked following a recommendation of the Union Home Ministry. According to an official statement, these websites were being operated by overseas actors. The Indian Cybercrime Coordination Centre (I4C), a wing of the Union Home Ministry, through its vertical National Cybercrime…

The Income Tax Department of India is issuing alerts around high-value crypto transactions. The matter came to light earlier this week when Punit Agarwal observed a rise in income tax-related queries tied to crypto transactions from the income tax department. Agarwal is the founder of KoinX, a firm that provides crypto tax management solutions in…

As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA). According to an official release from the Ministry of Finance, “Virtual Digital Assets Service…

Software firm MicroStrategy said on Wednesday it had bought bitcoin worth about $615.7 million (Rs. 5,120 crore) in cash, amid growing expectations that the top US markets regulator will soon approve a spot bitcoin exchange traded fund (ETF). The company and its subsidiaries purchased about 14,620 bitcoins at an average price of roughly $42,110 (roughly…

Bitcoin on Thursday, December 28 recorded a profit of 1.38 percent on Thursday, December 28. With this, the value of Bitcoin has risen to the price point of $43,064 (roughly Rs. 35.8 lakh). In the last 24 hours, Bitcoin has spiked in its value by $846 (roughly Rs. 70,426). At the time of writing, Bitcoin…

The global citizenry, this year, seemingly remained very dazzled by all things AI (Artificial Intelligence) — the Search trends on Google has indicated. Throughout the course of the year of 2023, Google searches around crypto, Bitcoin, and related-Web3 keywords did not rank high, losing spots particularly to AI-related keywords like ChatGPT. This dip in people’s…

Bitcoin on Wednesday, December 27, reflected a small loss of 2.71 percent. Despite this slight decline, Bitcoin managed to retain its price above the level of $42,000 (roughly Rs. 34.9 lakh) and is currently trading at $42,218 (roughly Rs. 35 lakh). This is the third consecutive day that BTC is trading above $42,000. However, in…

US-based crypto exchange Coinbase has successfully acquired a licence to operate as a virtual asset service provider (VASP) in France. This also means that Coinbase is now a registered entity with Autorité des marchés financiers (AMF), the French financial markets authority. While Binance has amassed approval internationally outside the US, Coinbase appears to be following…

The crypto sector, which currently holds a market cap of $1.66 trillion (roughly Rs. 138,06,635 crore, is no new hotspot for cyber criminals to lurk around. With new tools and applications, notorious cyber actors often find their way into crypto protocols only to steal these digital assets. One such latest tool being used by these…

The Christmas cheer does not seem to be working out quite so magically for the crypto sector, as many altcoins on Monday, December 25 reflected losses on the price chart. Bitcoin registered a loss of 0.09 percent to trade at the price point of $42,906 (roughly Rs. 35 lakh). Over the weekend, Bitcoin pricing did…

The market valuation of the crypto sector has risen significantly by 110 percent year-to-date, a report compiled by Binance said over the weekend. In the fourth quarter of 2023, the crypto market rose in value by $870 billion, which marks a 55 percent boom from this year’s third quarter that lasted between July and September….

The month of December proved to be quite lucrative for the overall crypto market, but it brought in expansive business into one particular ecosystem; Solana’s. From Solana’s native cryptocurrency SOL trading on the upper side of the price ladder the past few days and Solana-based NFTs seeing sell outs, the Solana ecosystem was already showing…

The outlook of the investor community towards cryptocurrencies is, needless to say, an ever-evolving landscape. Several governments from around the world are working to regulate the crypto sector, given that the industry has amassed a large community worldwide in recent years despite its volatile nature. There are two big reasons driving the crypto craze internationally…

The Sandbox, a metaverse platform based in Hong Kong, has put its India expansion plan at the top of its priorities. In the next two years, The Sandbox is looking to make India its largest market. Despite having crypto and NFTs as elements of its operational ecosystem, the metaverse platform has shown confidence that it…

Elon Musk recently disclosed his plans to add payments feature to the X app (formerly Twitter) by mid-2024. The multi-billionaire tech mogul has been working towards his goal of transforming X into an ‘everything app’ — prior to Musk’s takeover of the platform, Twitter was characterised as a microblogging platform. Interestingly, Musk chose to leave…

Prices of most cryptocurrencies rose on Friday as most digital assets saw their values rise. Bitcoin managed to stay above the $43,000 mark after seeing a minor spike of 0.30 percent. Over the last 24 hours, Bitcoin rose in value by $270 (roughly Rs. 22,460) and is now worth $43,942 (roughly Rs. 36.5 lakh). The…

WazirX disclosed the trajectory of its business this year only to give an insight into the slump spell that the crypto market is under as India awaits to complete regulatory deployments to oversee the sector. The Indian crypto trading platform, in 2023, managed to generate around $1 billion (roughly Rs. 8,315 crore) in terms of…

Bitcoin, along with most cryptocurrencies, saw profits on Thursday, November 21. Bitcoin managed to spike in value by 2.26 percent in the last 24 hours. With this, Bitcoin has managed to regain the price point of $43,672 (roughly Rs. 35 lakh). Over the last day, Bitcoin value has risen by $1,608 (roughly Rs. 1.33 lakh)….

The developers behind the popular memecoin Shiba Inu have decided to bring a new offering to its investor community. The Shiba Inu team has applied to acquire the ‘.shib’ domain, which if approved, would let members of its community create email addresses with the ‘.shib’ suffix. This top-level domain (TLD) will work natively with Web3…

All the cryptocurrencies that were trading in profits 24 hours ago, are currently reflecting losses, drenching the price chart in reds. Bitcoin saw a price reduction of 0.66 percent on Wednesday, December 20. At the time of writing, the crypto asset was trading at the price point of $42,064 (roughly Rs. 34.9 lakh). The value…

The NFT-backed Web3 gaming ecosystem is showing big promise in the next few years. A recent report by Fortune Business Insights has forecasted that the blockchain gaming market would be churning up to $614 billion (roughly Rs. 51,07,086 crore) in the next seven years leading to 2030. The category of role-playing games (RPGs) is projected…

The overall crypto chart appeared lush with greens as most cryptocurrencies saw gains on Tuesday, December 19. Bitcoin, for instance, rose in value by 4.75 percent in the last 24 hours. At the time of writing, the value of Bitcoin stood at $42,072 (roughly Rs. 35 lakh). This means, that the crypto asset saw a…

The buzz around the Worldcoin project rose and fizzled in days around August this year. Some much needed support from OpenAI CEO Sam Altman to this project, however, has propelled the Worldcoin initiative back onto the headlines. Altman was recently speaking in an interview when he lauded the concept of the Worldcoin project. The web3…

The crypto price chart was drenched in reds with almost all popular cryptocurrencies reflecting losses on Monday, December 18. Bitcoin registered a loss of 2.44 percent on Monday. With this, the oldest and most expensive cryptocurrency is currently trading at the price point of $ 40,995 (roughly Rs. 33.9 lakh). This marks a notable decline…

Bitcoin on Tuesday, December 12 reflected a loss of 1.30 percent on the crypto price chart. With this, the value of the most expensive cryptocurrency has fallen to $41,840 (roughly Rs. 34.8 lakh). This is the second consecutive day that BTC has found itself reeling under losses. In the last 24 hours, the value of…

After ending 2023 on a high, crypto investors will be watching central bank interest rates and a US regulatory decision on new bitcoin products as they decide how to place their bets next year. Cryptocurrencies staged a recovery this year after a torrid 2022 in which a market meltdown and a string of scandals, including…

The US Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange said it plans to challenge in court. The five-member commission, in a 3-2 vote, said it would not propose new rules because it fundamentally…

India is standing on the cusp of embracing the crypto sector, but well within a concrete legal framework to safeguard its nationals against any financial risks. Before that happens, the country is laying focus on assessing the impacts and risks that crypto could pose on its existing financial systems. This update was shared recently by…

Line, the Asian messaging giant based in South Korea, has decided to foray into the Web3 waters. It has created a special venture called Line Next Corporation that will be dedicated to expanding the NFT ecosystem. In a recent development, the Line Next Corporation has raised an investment of $140 million (roughly Rs. 1,165 crore)…

Bitcoin has slowly begun to regain value after a price correction period. On Friday, the world’s most widely used cryptocurrency rose by 0.22 percent, bringing its value to $42,854 (roughly Rs. 35.7 lakh). The most expensive cryptocurrency, Bitcoin has been reeling under losses after maintaining a gain streak for several days. It tumbled from its…

The next eighteen months could seem like a lifetime for Web3 firms, waiting to take their operations full scale in the most populated country of the world, India. Despite a crypto roadmap having been finalised by G20 this year, India is still at least a year-and-a-half away from deploying these laws. Officials from India’s finance…

Bitcoin on Thursday, December 14, recorded a gain of 4.22 percent. The value of Bitcoin, at the time of writing, stood at $42,680 (roughly Rs. 35.5 lakh). After going through a period of price correction this week, Bitcoin has managed to see recovery in its pricing. In the last 24 hours, the value of Bitcoin…

El Salvador, the country that historically became the first in the world to ordain Bitcoin as a legal tender, has created a plan to boost its tourism industry and subsequently its economy in due time. The National Bitcoin Office (ONBTC) of the central American nation has announced a new initiative called the Freedom Visa. The…

Bitcoin on Wednesday, October 13 continued to remain on the loss-making side of the crypto chart for the third consecutive day. Having incurred a loss of 2.37 percent, the value of BTC has fallen to its current price point of $40,867 (roughly Rs. 34 lakh). The crypto asset saw a price drop of $964 (roughly…

CoinSwitch, one of India’s popular crypto trading platforms, announced its new umbrella brand on Tuesday, December 12. Called PeepalCo, the new brand will envelope three platforms owned by the same company. Out of these three internal units, one is CoinSwitch’s crypto retail app and advanced trading platform called CoinSwitch Pro. The market entries of the…

The overall crypto market cap rose by 110 percent year-to-date owing to a bunch of market-reviving milestones that garnered pace around the end of October this year. During this time, which bulked up the crypto market cap to stand at $1.6 trillion, investors were not quite shy about engaging with some new crypto tokens on…

Google, in the midst of ongoing crypto market growth, has announced changes to its advertising policies. The search engine giant has decided to allow crypto coin trusts to display advertisements, but under certain terms and conditions. For years now, promotional content around the crypto sector has met with scrutiny from international governments and tech giants…

Bitcoin on Monday, December 11, recorded a dip of 4.37 percent to trade at the price point of $42,026 (roughly Rs. 35 lakh). The most expensive crypto asset essentially failed to maintain its value above the mark of $43,000 (roughly Rs. 36 lakh) over the weekend. Between December 8 and today, the value of BTC…

Bitcoin on Wednesday, December 6 saw its price rise significantly over the last day. With a gain of 4.33 percent, Bitcoin is currently trading at the price point of $43,740 (roughly Rs. 36.4 lakh). This is now Bitcoin’s highest price point in the last 19 months. In the last 24 hours, Bitcoin has managed to…

Bitcoin on Friday, December 8 recorded the first miniscule drop in its pricing in days. The oldest, most expensive cryptocurrency at the time of writing is trading at the price point of $43,448 (roughly Rs. 36.2 lakh). In the last 24 hours, the value of Bitcoin fell by $544 (roughly Rs. 45,355). Despite this minor…

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi’s financial regulator, a spokesperson for Binance said on Thursday. The request, filed a year ago…

After India and other G2O nations decided to adopt a crypto roadmap framed with suggestions from global financial bodies, one would have thought the deployment of these laws were just around the corner. That, however, is not the case. A senior government official has recently claimed that a Web3-specific crypto bill in India can be…

Flipkart is looking to dive deeper into its Web3 initiative FireDrops, and to do so, the ecommerce giant has partnered with the Polygon blockchain network. Using Polygon’s CDK-deployed Layer 2 chain, Flipkart plans to boost its Web3 loyalty programme. Launched earlier this year, Flipkart wishes to expand its offerings portfolio from physical items to virtual…

Bitcoin on Thursday, December 7 managed to mint a minor profit of 0.43 percent. At the time of writing, Bitcoin was trading very close to the mark of $44,000 (roughly Rs. 36.6 lakh) — precisely at the price point of $43,922 (roughly Rs. 36.6 lakh). In the last 24 hours, the value of Bitcoin rose…

The government of India is committed to supporting startups that are working in the Web3-related fields, with blockchain being an important area of focus. The information was revealed by Rajeev Chandrasekhar, the Union Minister of State for electronics and technology. Chandrasekhar called Web3 the future of Internet as we know today while answering to Web3-related…

The crypto market is currently under a long-awaited bull run. Bitcoin, at this point, is trading at $42,450 (roughly Rs. 35 lakh) which is its highest price in the last nineteen months. In the midst of the market excitement, a new crypto token has managed to catch massive attention. Based on the Bitcoin blockchain, The name…

The law enforcement authorities in Himachal Pradesh are going bullish on tightening the security around the digital assets sector. The State’s Special Investigation Team (SIT) has teamed up with Liminal Custody Solutions. In recent weeks, the Himachal Pradesh SIT conducted several raids in different parts of the Himalayan state, investigating leads that hinted at an…

The market for non-fungible tokens (NFTs) seems to be on a revival sprint now that the crypto market is on a bull run. With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in value, a bunch of NFT series associated with these altcoins have started to be climb up the price tracker. NFTs are digital…

The world of banking is gearing up to explore the use cases of up-and-coming technologies like Artificial Intelligence (AI) and the metaverse to benefit their present working conditions. JP Morgan, for instance, is excitedly looking to try out immersive training applications for new bank staff members, all through the metaverse technology. The idea was recently…

For the first time in nineteen months, the value of Bitcoin exceeded the crucial mark of $40,000 (roughly Rs. 33.7 lakh) in terms of its pricing on Monday, December 4. The oldest cryptocurrency, that created its last all-time high of over $68,000 (roughly Rs. 56.6 lakh) in November 2021, had traded within the range of…

The UK is pacing up its efforts to understand the possible outcomes of rolling out a digital Pound CBDC. On the order of the UK Parliamentary Committee and the House of Commons, the Bank of England and the UK Treasury have analysed the benefits that could entail the launch of this CBDC. The reason is…

The Philippines’ Securities and Exchange Commission has begun the process of blocking access to the world’s largest crypto exchange Binance, whose chief last week stepped down and pleaded guilty to breaking US anti-money laundering laws. The SEC said the operator of Binance was not a registered corporation in the Philippines, and was operating without the…

The metaverse sector, although gradually, is showing signs of growth and adoption in different parts of the world. Citing a report by technology intelligence firm ABI Research, the World Economic Forum (WEF) said that nearly 700 cities will have some kind of a metaverse infrastructure by the year 2030. As of now, however, South Korea’s…

Bitcoin on Friday, December 1 managed to see a small gain of 0.29 percent. The value of Bitcoin at the time of writing, stood at $37,904 (roughly Rs. 31 lakh). In the last 24 hours, the value of Bitcoin has risen in value by $38 (roughly Rs. 3,165). Explaining the market condition, Parth Chaturvedi, Investments…

The United Nations seems to be getting ready to hop onboard the Web3-express now that rules and regulations to govern this niche sector have begun surfacing around the world. Aiming to help countries around the world achieve their sustainable development goals, the United Nations Development Programme (UNDP) has decided to launch a blockchain academy next…