Impact of CBDC on the financial system and economy of India
It was a proposal made in October 2021 by the RBI to the government, which set India on the path of becoming one of the largest economies in the world to use a CBDC (Central Bank Digital Currency, The central bank had recommended that the RBI Act, 1934, be amended to broaden the ‘banknote’ definition […]
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Bitcoin advances above $20,000 to break out of trading range
Bitcoin broke above $20,000, ending its longest run below that price level since the token first breached the threshold in late 2020. The largest cryptocurrency by market value, rose as much as 5.3% to $20,412 Tuesday, posting its biggest one-day gain since Sept. 27. The token has traded below $20,000 for nearly three weeks, breaking […]
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Crypto Price Today Live: Bitcoin holds $19k; XRP & Uniswap drop up to 3%
New Delhi: Crypto market was stuck in a fixed range amid the soft economic cues on Tuesday. Investors continued to eye the US central bank’s efforts to tame inflation during the earnings sessions. The economic future was slightly rosier, but not enough to stir bitcoin and other major cryptos. Bitcoin held $19,000, whereas Ethereum was […]
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Cryptos turn attractive after crackdowns
“I’m in the ‘yes’ camp. As a professional investor, you need a regulated investment opportunity and it opens the doors for more professional investors to get involved in crypto, if it’s more regulated,” said Chris Gaffney, president of world markets at TIAA Bank. “The more they can get crypto out of the Wild West and […]
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Diwali Muhurat Trading Highlights: Samvat 2079 kicks off on a high as Sensex jumps 525 pts; Nifty settles above 17,700 – The Economic Times
Muhurat Trading 2022 Live Updates: Nifty50 crossed 17,700-mark, ending 0.9% higher at 17,738 points. Its BSE counterpart Sensex topped 59,900 and tested a high of 59,994.25, before ending 0.9% higher at 59,832 points. What is Muhurat Trading?Stock exchanges BSE and NSE will conduct the once-in-a-year Diwali Muhurat trading on Monday as Diwali marks the beginning […]
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Gold vs Bitcoin: Which asset has the upper hand on the other since the last five Diwali
Historically, Diwali has been an auspicious occasion of happiness, joy, light, and prosperity. The same has also been an event for big purchases, gifts, and sweets. But one gift that has stood the test of time and not lost its shine is gold. Gold symbolizes wealth, security, and financial well-being. But as it has aged, […]
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Crypto week at a glance: Bitcoin Wobbles at 19k, India to develop SOPs for tokens
The crypto market recovered from most of the losses during the week. The world’s largest cryptocurrency, Bitcoinhas been holding $19,000, whereas Ethereum is back above $1,300 after recovering from the losses during the week. The latest inflation data from the United Kingdom shows that inflation is at its highest in 4 decades and is mainly […]
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Samvat 2078: A roller coaster ride for cryptos with ample hiccups
It has been nothing short of a roller coaster period from the last Diwali to this Diwali for the crypto market, financial markets Worldwide witnessed a lot of nerve-wracking events. And the cryptocurrency market was no different! A year back, during the last Diwali, things were all shiny for the crypto market. The prices were […]
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Khandeshi Movies enters crypto partnership with NFT player XCAD
New Delhi: Khandeshi Movies and XCAD have partnered in a multi-year deal to explore new opportunities in the Watch-to-Earn model. XCAD Network has its crypto token, whereas Khandeshi Movies creates short films on YouTube. XCAD Network provides creators with DeFi tools to create an incentivized economy by tokenizing the engagement of each creator’s audience and […]
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