Bitcoin Nears 13-Month High as Investors Welcome Ripple Ruling.
The world’s leading cryptocurrency is making a remarkable comeback as it approaches a 13-month high. The recent surge in Bitcoin’s price can be attributed to several factors, including a positive legal ruling for Ripple and a growing interest from investors in the cryptocurrency market. This blog post examines the recent developments, their impact on Bitcoin’s […]
Unregulated vs. Illegal: Understanding the Cryptocurrency Landscape
Cryptocurrencies have shaken traditional financial systems, which is a challenge for governing bodies worldwide. As the cryptocurrency market changes, it is important to distinguish between unregulated and illegal actions. This blog post aims to shed light on the differences between unregulated and illegal cryptocurrency activities, stressing the importance of regulatory frameworks to protect investors and […]
BIS Survey Indicates 24 Central Banks Aiming for Digital Currencies by 2030
CBDCs are digital representations of fiat money that central banks have issued and are in charge of. They are meant to provide the same functionality as cash while adding the advantages of electronic payments. For instance, CBDCs could track and trace transactions and make quick, inexpensive payments. Why are Central Banks interested in Digital Currency? […]
Standard Chartered Bullish on BTC: Expected to be $120K by 2024 End!
Bitcoin, the market dominator, as we like to address it, is expected to reach $50,000 by the end of 2023 and $120,000 by the end of 2024, as per Standard Chartered’s latest revised prediction. Standard Chartered has been bullish on Bitcoin recently, and in July 2023, they revised their price prediction for the cryptocurrency. Why […]
Positive Mindset: An Important Yet Undermined Concept in Crypto Market!
Positivity and a positive mindset are often underrated in crypto investing. The crypto market is notorious for its volatility, with prices soaring and plummeting in hours. Navigating this unpredictable landscape requires more than just financial knowledge and technical analysis. It demands a mindset to weather the storm, maintain long-term focus, and make rational decisions amidst […]
DYOR: A Guide to Informed Decision Making
Do Your Own Research (DYOR) is a common phrase in cryptocurrency. But aren’t you tired of hearing DYOR? We know we are, especially when no one comes forward to tell us how? It is often used as a disclaimer when someone is sharing their opinion on a particular cryptocurrency, but it also refers to the […]
Positive Investor Sentiment: BTC Consolidating above $30,000
Even though Bitcoin has been trading in a narrow band lately, that doesn’t detract from its impressive 84% rise in 2023. This big rise in Bitcoin’s price has also made people want to buy other cryptocurrencies, which has caused their prices to rise greatly from their yearly lows. After going over $31,000 on June 23, […]
Indian Crypto Traders: Strong on Wait and Watch
Investors are usually keen on adopting the wait-and-watch approach, which means staying clear from making swift yet unnecessary decisions. The strategy is usually implemented by traders or investors when they anticipate significant uncertainty, volatility, or impending information. The patience to stand the storm often fetches the traders significant returns and enables them to make informed […]
Blockchain Technology: Finance and Insurance
Blockchain technology is a ground-breaking invention that can transform several industries, including finance and insurance. Its decentralized and transparent structure offers unmatched security, effectiveness, and dependability in the digital age. Blockchain and Finance Blockchain technology in finance revolutionizes conventional banking procedures by enabling safe peer-to-peer exchanges without intermediaries. This lowers expenses and quickens transaction times. […]
Crypto Taxes: P&L Analysis of Cryptocurrency in India
There has been fuss and confusion around the crypto legality, which we have cleared in our earlier blog, and around taxation! Avid investors need clarification if the crypto loss is tax deductible or only the profit is taxable. Read on as we put an end to your dilemma. Is Cryptocurrency a Legal Tender in India? […]