Minal Thukral News

20.01 / 04:49

markets BLOCK Binance Trade Bitcoin electronic information How tech-savvy traders are bypassing govt's crypto block

New Delhi: India’s ministry of electronics and information technology (Meity) is yet to find a solution to local cryptocurrency users accessing global crypto exchanges via virtual private networks (VPN). The government had blocked web and app store access to Binance, Kucoin, Huobi and six other exchanges on 12 January.

15.09 / 12:59

Blockchain Ethereum Ether Ahead of ‘Merge’ Ether trading volumes spike

Indian cryptocurrency exchanges are witnessing a bump up in trading volumes of Ether, the second-most valuable crypto in the world, ahead of Ethereum’s transition into a less energy-intensive technology to run its blockchain. The “The Merge”, or how the transition is known, is expected to take place sometime on September 15 and is being touted as one of the most important events for the crypto industry. The switch is expected to reduce Ethereum’s energy consumption by almost 99.95%. Ethereum refers to the blockchain-based software platform, while its cryptocurrency asset is called Ether.

05.07 / 15:11

cryptocurrency Binance Tax Bitcoin foreign Indian Early winter for Indian crypto exchanges as trading volumes slump, users flock to foreign exchanges

Winter has come early for Indian cryptocurrency exchanges, which are experiencing a slump in the value of transactions as investors flee to overseas exchanges after the implementation of a 1 per cent tax deducted at source (TDS) on July 1.

04.03 / 08:39

Ethereum crypto news Bitcoin Indian As Indian investors rush to buy crypto dips, here are top tokens in focus

crypto assets in 2022, the digital token market is getting its mojo back, with increased interest from investors. Major crypto assets have seen a sharp rebound in the last one week. Barring the US dollar pegged stablecoins, all other top 10 digital tokens have rallied more than 20 per cent in the last seven days, with Terra zooming up to 75 per cent. Bitcoin and Ethereum have marched 25 per cent each. Amid the global volatility, the demand for the virtual asset class has increased with daily traded volume hovering around the $100 billion mark, the coinmarketcap data suggests.

25.02 / 07:23

cryptocurrency Bitcoin Crypto markets plunge following Russia’s invasion of Ukraine

Mumbai: The global cryptocurrency market plunged 11% on Thursday, as Russia sent troops to Ukraine in what it termed as a “special military operation” but widely condemned by Western powers as an outright invasion. The most valuable crypto assets have dropped between 10% and 18% since Wednesday as the geopolitical conflict escalated, sending tremors across global markets.Bitcoin fell to its lowest level since January 24 below $35,000 before inching slightly over that mark, according to market tracker Coingecko.com.

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