Market Players Respond to Changes in the Prices of Bitcoin and Other Cryptocurrencies
The cryptocurrency market started the week with volatility due to value losses in Bitcoin and major altcoins. The total market capitalization declined by 2%, dropping to $3.3 trillion. Despite this downturn, The Sandbox (SAND) and Decentraland (MANA) stood out with impressive performances. The current selling pressure is largely attributed to Bitcoin’s price
Bitcoin: Now the World’s 10th Largest Currency
Bitcoin has reached a historic milestone, becoming the world’s 10th largest currency by market capitalisation. With a current value of $2.04 trillion across 19.8 million BTC, it has cemented its place as a dominant force in global finance. From Humble Beginnings to $2 Trillion Launched in 2009, Bitcoin started as
Mastering the Market: Effective Crypto Trading Strategies for Beginners
As cryptocurrencies continue to dominate the financial world, more individuals are venturing into the volatile yet lucrative market. Trading cryptocurrencies can be a profitable endeavor, but success requires more than just luck. Here’s a guide to essential trading strategies tailored for both beginners and seasoned traders. 1. Understand Your Trading
Cryptocurrency Investment: A Modern Guide to Building Digital Wealth
Cryptocurrencies have transformed the financial landscape, offering both seasoned investors and beginners an opportunity to grow their wealth. But navigating the volatile world of digital assets requires a strategic approach. Here’s how you can get started and make informed investment decisions. 1. Understand the Basics Before You Dive In Before
Binance Announces Delisting of Selected Altcoins
On December 10, 2024, Binance will delist several altcoins, including Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX, and Ren (REN). The exchange stated that this decision was made following regular assessments based on the performance of the projects and sector requirements. Trading for these altcoins will cease on the specified date, and users
Binance, WazirX Among Crypto Firms Caught Evading Taxes in India
India’s Minister of State for Finance, Pankaj Chaudhary, revealed significant tax evasion by cryptocurrency exchanges, including Binance and WazirX. Authorities have identified 824 crore rupees ($97 million) in unpaid Goods and Services Tax (GST) across 17 crypto firms, sparking multiple investigations. Recovered Taxes and Penalties The Indian government has already
Unveiling the Future: A Beginner’s Guide to Cryptocurrency
Cryptocurrency has revolutionized the financial world, offering a decentralized, secure, and innovative way to conduct transactions. For those new to the crypto space, navigating this digital realm can seem overwhelming. Here’s a comprehensive guide to help you get started. What is Cryptocurrency? A Simple Breakdown At its core, cryptocurrency is
Smart Crypto Investing: A Beginner’s Guide to Building Wealth
Cryptocurrencies are no longer a niche topic; they’ve become a global phenomenon. Whether it’s Bitcoin, Ethereum, or newer tokens like Solana, the crypto market offers exciting opportunities—and risks. If you’re planning to dip your toes into this volatile space, here’s a practical guide to help you make informed investment decisions.
Coinbase Withdraws from Turkish Crypto Market
Coinbase, one of the world’s leading cryptocurrency exchanges, has announced its decision to pull out of the Turkish market. The move comes as a response to the increasingly challenging regulatory environment in Turkey, combined with volatile market conditions that have affected the crypto industry globally.Despite the high trading volumes and
Chainlink and EU Partner to Revolutionize Asset Tokenization
Chainlink and the EU have unveiled a collaborative project focused on tokenized assets. The platform seeks to integrate Chainlink’s advanced oracles to provide real-time, tamper-proof data for financial services.This initiative is part of the EU’s broader mission to modernize financial frameworks through innovative technologies. The partnership highlights Chainlink’s capability to
