BuyUcoin Financial News

25.10 / 11:19

MARKET RBI Federal Reserve US Federal Reserve BuyUcoin Bitcoin interest rate cut Crypto Talk | US election and interest rate cuts may reshape the future of Bitcoin, says BuyUcoin CEO

In an exclusive interview with ETMarkets, Shivam Thakral, CEO of BuyUcoin, highlighted how the upcoming 2024 US presidential election and recent interest rate cuts by the Federal Reserve could reshape the cryptocurrency market. He noted that the 50 basis point rate cut is likely to boost investor interest in cryptocurrencies, while the increasing political influence of younger, pro-crypto voters may lead to significant policy shifts. With the recent 50 bps interest rate cut by the US Federal Reserve, how do you expect this to impact the crypto market in both the short and long term? Do you anticipate increased investor appetite for riskier assets like cryptocurrencies?

02.11 / 02:55

cryptocurrency Volatility BuyUcoin Bitcoin Bitcoin Price US election Bitcoin surges past $73,500 as US election speculation fuels demand

Bitcoin surged to $73,577 in early Asian trade on Wednesday, just $173 shy of its all-time high of $73,750, as investors closely monitored the upcoming US presidential election. However, by 10:40 AM, the leading cryptocurrency was trading 2.2% higher around $72,333.

27.09 / 07:21

Ethereum cryptocurrency Cardano CoinMarketCap Market cap BuyUcoin Bitcoin Cryptocurrency Prices on September 25: Bitcoin rises above $63,800; Solana, Cardano surge up to 3%

Bitcoin, Solana, and Cardano leading the rise. The global cryptocurrency market cap edged up by 0.45% to $2.24 trillion over the last 24 hours. As of 12:27 PM IST, Bitcoin was trading 0.4% higher at Rs 63,824, while Ethereum dipped 0.9% to Rs 2,624. Earlier today, Bitcoin briefly touched Rs 64,800.

04.09 / 12:53

cryptocurrency Crypto exchanges BuyUcoin Crypto exchanges should be monitored by a Sebi like body & partly by RBI: Shivam Thakral, BuyUcoin

Amidst the bear phase, crypto exchanges in India have been facing trouble from both investors and law enforcement agencies. In an interview with ETMarkets.com, BuyUcoin's CEO Shivam Thukral says that with the new tax regime, every penny in crypto space is under tax lens and regulations for the crypto space are the need of the hour. Edited excerpts:The crypto market has been struggling lately. Do you think that woes will last longer than expected amid expectations of rate hikes and fear of economic slowdown?During the dream bull run of 2021, crypto assets delivered stellar returns which were never seen in modern human history.

13.06 / 20:37

Bitcoin Crash BuyUcoin New Delhi Bitcoin, Ethereum crash over 70% from peaks; crypto investors lose over $2 trillion in 8 months

If we compare the notional value lost, only eight countries have a GDP more than what the crypto market eroded in less than three quarters. Countries like Canada and Italy have a GDP of little more than $2 trillion, whereas Brazil's GDP stood at $1.83 trillion. The total market capitalization (m-cap) of the digital market is marginally above the $1 trillion mark, which was more than $3 trillion at its peak in November 2021.

14.05 / 21:35

coindcx Zebpay Cryptocurrency exchanges BuyUcoin Cryptocurrency exchanges want clarity on TDS liability if they move operations overseas

Mumbai: Some cryptocurrency exchanges that have either moved or are looking to move out of India have reached out to their tax advisors to figure out if they are required to still comply with the 1% TDS regulation. Many tax experts have said that if an exchange sets up an office outside the country, the taxman may find it tough to collect the 1% tax on transactions. The government in this budget introduced a 1% tax deducted at source or TDS on every transaction, along with a30% tax on returns of investors and traders.

28.04 / 19:29

Ethereum Chainalysis BuyUcoin India behind Vietnam, Turkey in estimated crypto gains in 2021: Chainalysis

Ethereum and many more

08.03 / 07:07

Crypto investing BuyUcoin Every third crypto investor a woman on BuyUcoin platform

International Women's Day on Tuesday, March 8, crypto exchange BuyUcoin released a report highlighting increasing participation from female investors on its exchange. The homegrown crypto player has more than 1.2 million registered crypto investors on its platform, of which every third investor is a woman. Women users have seen a growth of 130 per cent on a year-on-year (YoY) basis with an average ticket size of up to Rs 18,000-19,000, revealed a study by the platform.

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