Blockchain & crypto news from India
Last week Turkey’s Central Bank imposed a ban on the use of crypto assets in payment. This eventually affected the prices of cryptocurrency assets and Bitcoin. On Friday, Sahap Kavcioglu, Governor of Central Bank said that the Finance Ministry of Turkey is working on creating broader regulations in terms of cryptocurrencies. He further added that…
On Tuesday, Dogecoin, the meme-based cryptocurrency fell after reaching an all-time high. This was after a wild session where fans of the token contemplated a parody use hashtag to strengthen a rally until it lost steam. Ultimately falling 15.4%, Dogecoin reached $0.33. But when it surged all to a record peak during the session, its…
In March, Elon Musk made a joke about Elongate, and surprisingly it is now a cryptocurrency. No wonder his tweets can start new projects or hike or fall the stocks. One of the best examples is Elongate which is the new entrant in the market. It may be highlighted that Elon Musk has no connection…
Elon Musk’s favorite meme-cryptocurrency is now worth 10 cents and above. As per CoinDesk, in the last 24 hours, it has risen 70.22%, the highest ever recorded till now. The value of meme cryptocurrency Elon Musk won’t stop tweeting about is almost 12 cents or $0.122680. Started as a joke, the market cap of DogeCoin,…
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…
Reckoned as a WhatsApp rival, Signal has started testing a new peer-to-peer payments system in its beta version of the app. The fast-growing encrypted messaging app Signal informs that it wants payments on its app to be private, quick and also mobile-friendly. It further revealed that an add-on called MobileCoin is also being introduced to…
Another crypto city is set for building development, this time in the East African nation of Uganda. This city is named “Akon city”, after the popular Senegalese-American rapper and businessperson Akon, who is set to begin and oversee the affairs of development. According to a report by NBS Television, the government of Uganda has confirmed…
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…
Indian Finance Minister Nirmala Sitharaman recently disclosed some clues about the new Cryptocurrency Bill that will be soon introduced in the parliament. Revealing no explicit intention to ban cryptocurrencies, she informed that the Indian Government will follow a ‘very calibrated’ approach to crypto trading. While sharing information about the bill, the finance minister for the…