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? […]
Bluechip Coins Vs. Shitcoins: Make Informed Investment Choices!
The cryptocurrency market is a vast and ever-changing landscape. Thousands of coins and tokens are available, each with unique features and potential. Two of the most common terms to describe cryptocurrencies are “bluechip coins” and “shitcoins.” Bluechip coins are typically more established and reliable, while shitcoins ( a gen-z term) are often more speculative and […]
Risks of Investing in Cryptocurrencies: A Comprehensive Analysis
In the past few years, investing in cryptocurrencies has become very popular. This is because of the possibility of high returns and the appeal of a decentralized financial system. Risk and reward have a direct relationship, meaning the higher the risk, the higher the reward, and vice versa. But buyers must be aware of the […]
Enhance your Liquidity with Crypto: Strategies and Tips
A Centralized Exchange or a Centralized Trading platform is an online platform that acts as an intermediary between traders to execute cryptocurrency buy and sell trades seamlessly. To know more about Centralized exchanges and why you should choose them as your preferred option, click here. Role of Liquidity in Financial Markets Liquidity plays a crucial […]
Unlocking Financial Freedom: The Power of Systematic Investment in Cryptocurrency
In today’s fast-paced world, financial freedom has become a coveted goal for individuals seeking control over their economic destiny. The ability to live life on your terms, without the constraints of financial limitations, is a dream many share. In recent years, cryptocurrencies have opened up new opportunities for achieving financial freedom. In this blog, we […]
Cryptocurrency: An Asset Class with Maximum Returns in the Past 5 Years
With the rise of cryptocurrencies taking the front stage, the financial environment has significantly changed in recent years. Many investors, from small-time hobbyists to established institutional powerhouses, have expressed interest in these digital assets. With nearly 40% of the $2.2 trillion cryptocurrency market, Bitcoin has become the industry leader. This blog examines the elements that […]
All About Ripple (XRP)
Ripple, launched in 2012, is a name synonymously used to describe its native currency and a payment platform, much like Ethereum. The platform is called RippleNet, and the token is called XRP or Ripple XRP. What is Ripple? Ripple (XRP) is a well-renowned cryptocurrency and the only one with maximum institutional backing until now. It […]