Blockchain & crypto news from India
It is a season of adoption for crypto’s. The E11EVEN MIAMI nightclub is set to return fully for operation after a year-long shut down due to the COVID-19 pandemic. The big news, it is set to accept Bitcoin (BTC) as a medium of payment. As announced on Tuesday, E11EVEN MIAMI will be the first major…
Potential and existing crypto users have been speculating day and night about how far Bitcoin will go. In the current bull run, it is already soaring high at $60,000. The value of the coin has nearly grown 9 times from its $6,800 value last year. However, a study conducted on crypto suggests that the crypto…
On March 13th, 2021, Bitcoin reached a record high of $61,711.87. Over the past year, the bitcoin surge has handsomely rewarded cryptocurrency owners. It has recently also minted 12 new crypto billionaires. Twelve cryptocurrency billionaires were added to the 35th Annual World’s Billionaires List by Forbes. The list is up from just four in the…
Yesterday, the cryptocurrency market capitalization surged to an all-time peak of $2 trillion. The crypto market cap was at $2.02 trillion by mid-afternoon. According to analysts as long as bitcoin stays beyond the $53,000 mark, a $1 trillion market cap will be maintained. The rise in the crypto market cap was followed by bitcoin. The…
Former SEC Chairman Jay Clayton in an interview with CNBC Squawk Box made it known that bitcoin had the status as a non-security at the SEC but this does not mean it should not be regulated. Clayton talking about bitcoin, said, “where digital assets land at the end of the day will be driven in…
In March, more than 900k jobs were added in the U.S., exceeding estimates. The estimated figure was 675,000, while 916,000 jobs were added, edging down the unemployment rate to 6% from 6.2%. Areas where gains were made, were from leisure and hospitality, public and private education, and construction. The pandemic changed a whole lot about…
No doubt the entire year 2020 was spent amidst the chaos created by the novel Coronavirus. However, there is still one thing that gained popularity besides this pandemic and that is cryptocurrencies. Delivering a return of over 800% during the financial year 2020-2021, the oldest and biggest cryptocurrency in the world, Bitcoin stole the limelight…
Just like the two sides of the same coin, cryptocurrency has its advantages and disadvantages. The debate on its usage or ban could be endless. So, in case you are also in doubt about whether to use or not to use bitcoin or Ethereum, this article will help you out. Firstly, as an investment, it…