Edul Patel News

12.07 / 15:05

Ethereum Tether Bitcoin fall Crypto Price Today Live: Bitcoin breaches $20,000; Ethereum, Tether fall

Crypto tokens were mixed in the early hours of Tuesday, with Bitcoin slipping below the $20,000 mark. Meanwhile, the fear of further selloff in the crypto cart lingered. Crypto traders are still looking ahead to Wednesday's release of June’s Consumer Price Index, the measure of US inflation, for clues on how aggressive the Federal Reserve will need to be to slow the pace of consumer price rises. Barring Shiba and Unus Sed Leo, all other crypto tokens were trading marginally lower on Tuesday. However, the losses were capped in all tokens.

07.07 / 06:51

cryptocurrency Crypto exchanges cryptos Meta Terra Will the crypto winter shut smaller exchanges or lead to acquisition by bigger whales?

crypto exchanges, particularly the smaller ones, are on tenterhooks for survival. After Terra's debacle, Celcius and Three Three Arrows Capital jittered. This was followed by Vauld suspending operations. Meta (formerly Facebook) is shutting down its crypto wallet Novi by September 1, 2022. Even the Indian crypto exchanges are facing massive liquidity pressure, with volumes slumping up to 80 per cent since January. The new taxation rules are adding more pain to their sufferings.

02.07 / 10:43

Ethereum solana BNB Bitcoin Crypto Price Today LIVE: Bitcoin, Ethereum, Polkadot, Dogecoin shed up to 4%

Despite discouraging economic indicators, bitcoin was holding above $20,000. Fresh concerns over the regulatory environment although kept sentiments in check. Barring BNB and Unus Sed Leo, which gained up to 6 per cent, all other major crypto tokens were trading in the red on Friday. Bitcoin and Ethereum gave up to 3 per cent each. Polkadot, XRP and Dogecoin plunged up to 4 per cent each.

30.06 / 06:17

cryptocurrency shiba inu price Shiba Inu Shiba Inu burns about 400 trillion tokens to cap supply; bleeds 13%

Among them is Shiba Inu (SHIB), the second-largest meme coin, which has tumbled almost 13 per cent in the last few hours, back into the red on a weekly basis. The token, which trades for some fractional cents, plunged to $0.000009699 on Wednesday from $0.00001108. However, it was trading for $0.000009859 at 13.45 hours IST.

30.06 / 04:37

Dogecoin dogecoin price today Dogecoin price Weekly Dogecoin tanks 12% to wipe out weekly gains; here's why

Dogecoin — plunged as much as 12 per cent in Wednesday's trade, wiping out entire weekly gains, data from Coinmarketcap suggested. According to the data, Dogecoin plunged to $0.06464 from $0.07295, before recovering to $0.06515 at 13.00 hours IST. Edul Patel, Co-Founder and CEO, Mudrex said Dogecoin saw a massive increase in its price after Tesla founder Elon Musk supported the crypto at the Qatar Economic Forum.

28.06 / 11:47

Dogecoin Ethereum solana Bitcoin Crypto Price Today LIVE: Dogecoin, Shiba Inu, Solana, XRP shed up to 7%

Bitcoin comfortably held above the $20,00 mark. The crypto winter feel is haunting traders across the globe. This, coupled with recession fears and inflationary pressures further cemented risk-off sentiments. All crypto tokens were trading with cuts on Tuesday. Dogecoin plunged 7 per cent, whereas Solana and XRP dropped 6 per cent each. Shiba Inu and Polkadot declined 5 per cent each, whereas Cardano tanked 4 per cent.

28.06 / 06:11

Federal Reserve International Monetary Fund New Delhi Crypto m-cap hits $1 trillion again. Is the winter over?

crypto market to revisit the $1 trillion market capitalization on Monday, data suggested. Bitcoin (BTC) was comfortably holding around the $21,500 mark on Monday. The crypto behemoth rose about 4 per cent in the last 24 hours to scale $21,780 levels, according to the data from coingecko. The total market capitalization of Bitcoin surged to over $407 billion, with a dominance close to 41 per cent. Bitcoins worth more than $16.5 billion exchanging hands in the last 24 hours.

28.06 / 06:11

CoinMarketCap Mudrex Shiba Inu Doge NOT Dogecoin zooms 13% in a day and it's not just after Musk's push

One such example is Dogecoin (DOGE), the most significant meme token, which continues to remain in the news thanks to the push from Elon Musk, fondly known as the 'Doge Father' by the masses. The token has rallied over 13 per cent in the last 24 hours to $0.07768 from $0.06858, the data from Coinmarketcap suggested, with its market cap scaling more than the $10.3 billion mark.

22.06 / 04:55

Ethereum solana avalanche Bitcoin Crypto Price Today: Bitcoin, Ethereum, Solana, Avalanche gain up to 9%

Bitcoin was able to hold above the $20,000 mark, whereas other altcoins also posted strong gains. Bad news over the economic recession, geopolitical worries and industry turbulence have plagued the new-age asset class and hit them sharply, leading to severe wealth erosion.

13.06 / 21:39

Dogecoin Shiba Inu Terra Bitcoin Luna Why only blame Terra! These crypto tokens have tumbled more than 90% from their peaks!

It is not only Terra that wiped off $40 billion from investors kitty, as its native token Luna plunged to some fractional cents after from $118 a few weeks ago. Other altcoins have also plunged upto 90-95 per cent from their peaks.

17.05 / 09:13

Mudrex Terraform Labs Terra Luna Terra is working to revive LUNA. Will it revisit its old glory?

Terra (LUNA) has laid out a revival plan. The crypto token wiped out almost the entirety of investors' wealth in just a few hours.Terraform Labs founder Do Kwon proposed a “Terra Ecosystem Revival Plan,” and the plan was shared in terra community forum. According to Kwon’s 'Revival Plan,' which aims to restart the entire Terra blockchain, with network ownership getting distributed entirely to UST and LUNA holders through 1 billion new tokens.

21.04 / 12:37

crypto assets Mudrex index Mudrex becomes world's largest crypto index investing platform

Crypto asset management platform, Mudrex, has registered a 2,400 per cent increase in its user base for the first quarter of 2022, making it the largest crypto index investing platform. Indian users contributed the most to this growth with a contribution of more than 80 per cent. Founded in 2018, Mudrex curates investment solutions and automates investing products for the average investor for long-term wealth creation. Y-combinator backed Mudrex is known for its systematic approach to familiarizing crypto investments, with a decent product portfolio including Mudrex Coin Sets.

11.04 / 07:29

Ethereum Mudrex stake Crypto Movement at a Glance: Hawkish Fed spoils mood, Musk's Twitter stake lifts Dogecoin

Ethereum, and other cryptocurrencies fell over the weekend, they regained their winning streak on Sunday. BTC was trading at $46,000 early this week but has dropped to $42,000 after the hawkish comments of the US Federal Reserve. On Friday, BTC traded flat as the market picked up a bit digesting the remarks. While ETH has been performing well since the start of this week, as it is about to unveil its upgrade this year, we can expect the second-largest cryptocurrency to make more significant moves. On Saturday, the global crypto market cap was down by nearly 3 per cent over the past day. BTC, ETH, and other cryptocurrencies are running in red as usual as they dip over weekends.

15.03 / 12:15

Dogecoin cryptocurrency prices today Shiba Inu Bitcoin Top cryptocurrency prices today: Terra, Bitcoin, Dogecoin, Shiba Inu gain up to 6%

Barring the dollar-pegged stable coins, all of the top digital tokens were trading higher. Terra gained more than 6 per cent, followed by a 3 per cent rise in Bitcoin. Avalanche and Dogecoin added 2 per cent each. The global cryptocurrency market cap today dropped lower to $1.73 trillion, jumping about 2 per cent in the last 24 hours. Total cryptocurrency trading volume zoomed as much as 20 per cent to $74.69 billion.

15.02 / 14:07

Ethereum cryptocurrency price today avalanche Bitcoin Top cryptocurrency prices today: Bitcoin, Ethereum, Solana, Avalanche zoom up to 11%

All of the top digital tokens were trading higher in early trade on Tuesday, led by NFTs and DeFi tokens. Solana and Avalanche rose 11 per cent each. The global crypto market cap jumped as much as 5 per cent to hit the $1.95 trillion mark. Furthermore, the total crypto market volume rallied about 16 per cent to $72.23 billion.

03.02 / 04:41

Budget 2022 crypto tax union budget With tax at 30%, is it still logical to invest in cryptocurrencies?

Finance Minister Nirmala Sitharaman announced the tax on gains arising from virtual assets at a flat rate of 30 per cent without any exemptions or deductions. The high rate of taxation and high volatility in crypto tokens has raised a few logical questions in the investor community.

01.02 / 11:39

cryptos Budget 2022 union budget After Eco Survey, will FM's Budget also remain silent on cryptos?

While experts believe there are many reasons behind this, the primary among them is that there is yet to be a unilateral consensus inside the government, in the Ministry of Finance, and even in Parliament, they said. The ambiguity on legislation still hangs in the air, according to experts. It was expected that the Economic Survey will have nothing about the crypto industry as the government is still trying to figure out what crypto is and hence how it can impact, said Edul Patel, Co-founder and CEO, Mudrex. Though the industry does not expect the crypto bill to be put on the table in the budget session, we are hopeful that some cat will be out of the FM's bag, he added.

22.01 / 16:17

FIVE Digital Waters Google Report: Indians maintain a cautious outlook as crypto markets witness a bloodbath

The global cryptocurrency market cap on 22 January went down by a massive 13.5% in the last 24 hours, to settle at around $1.6 trillion. Needless to say the tumble follows the year when the market witnessed its first record $3 trillion in cumulative market cap.

22.12 / 10:03

Mudrex KYC Mudrex launches API based enterprise tech ‘Crypto-as-a-Service’

crypto asset management platform Mudrex has launched an API-based Crypto-as-a-Service solution that enables both traditional and crypto-specific brokers, portfolio management services and fintech to provide secure crypto investment products. Crypto-as-a-Service offers KYC, regulatory and compliance monitoring to brokerages.

information about Edul Patel

Who is Edul Patel?

Edul Patel is a public personality featured in various informative articles related to trending topics.

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