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Ethereum is starting to test the closely watched $3,000 price threshold as the broader drop in risk appetite in some of the more speculative areas of markets continues to weigh on some of last year’s best performing assets. The second largest cryptocurrency by market value after Bitcoin fell for a fourth day Wednesday, dropping as much as 3.7% to $3,048, according to data compiled by Bloomberg. The last time that Ether, as the native currency of the Ethereum blockchain is known, slid below $3,000 was on Jan. 10. The token surged about 400% last year, compared with a gain of 60% for Bitcoin. Ether is down about 15% in January. Other digital assets were similarly hit by investors’ weakening sentiment. As of 2:10 p.m. in London, Bitcoin was down around 0.6% lower to $42,149. Smaller digital assets known as altcoins were also affected, with Cardano’s ADA token and Solana’s SOL falling as much as 10.1% and 3.7% respectively, according to pricing data from CoinGecko.

Nirmala Sitharaman, who will table the Union Budget on February 1. Currently, there is no legislation, act or law to govern, regulate or prohibit dealing in crypto assets in India. Therefore, it is not illegal to sell, purchase, deal or mine cryptocurrencies or set up a cryptocurrency exchange in the country. However, the demands from the industry players, investors and other stakeholders are likely to reach the government, who may finally give heed to clear the clouds of ambiguity and may steer to the way ahead for the future.

Considering cryptocurrency to be "a tool for money laundering", the Karachi-based Federal Investigation Agency (FIA) recently announced its intention to clamp down on cryptocurrency dealers in Pakistan.

Persistent inflation, tighter monetary policy, or a reversal to lower inflation leading central banks to keep rates low are all scenarios that could play out and have an impact on crypto markets in 2022, crypto market data provider CryptoCompare said in a new report.

Bitecoin, a lesser known cryptocurrency has surprised many with its stupendous rise

The new year is off to a flying start for South Korea’s crypto community – who will likely have plenty to celebrate after March’s presidential elections.

The European Union should ban the energy-intensive system used to mine Bitcoin, one of the bloc's leading financial regulators has said.

Bringing the high energy that cryptocurrency guzzles under greater scrutiny, a United States House Energy and Commerce subcommittee is all set to investigate its environmental impact tomorrow.

Crypto is set to become a key political battleground in South Korea, where both of the leading candidates in March’s presidential elections are set to showcase a number of crypto-related policies. And although politicians’ manifestos promises are not always adhered to the letter in any part of the world, it appears that a changing of the guard is very likely in terms of crypto in South Korea.

token is not a new fad. However, there is a crypto token that is struggling to get its glory back but is still far behind its all-time peak. This token is so behind its previous peak that despite a 2.9 billion per cent rally, it is still 96 per cent below its previous peak and zoomed about 25 times to scale the previous highs.Ekta delivered a mammoth return of 2,893,266,376 per cent in the last seven days to $0.4039 from $0.00000001396, as per Coinmarketcap.com data.

Bitcoin was the first cryptocurrency to hit the market in 2009. After that, several cryptocurrencies were launched including Bitcoin Cash, Ripple (XRP), Litecoin, etc. As per an estimate, more than 8,000 cryptocurrencies exist as of January 2022. As per a recent study by Nasscom and WazirX, India's cryptocurrency market has seen exponential growth over the past few years. It is expected that the investment by Indians in cryptocurrency could touch $241 million by 2030. Currently, India has the highest number of crypto owners globally. At present, no legislation governs, regulates, or prohibits dealing in cryptocurrencies in India. Therefore, it is not illegal to sell, purchase, deal or mine cryptocurrencies or set up a cryptocurrency exchange in India. However, considering the risks associated with investment in cryptocurrencies, there was speculation that a bill, set to be introduced in the Winter Session of Parliament, may either ban or regulate cryptocurrencies. However, the bill was not introduced, and it is now expected that the government may take up this bill in the Budget Session. If the government does not prohibit Indians from dealing in cryptocurrencies, the government could introduce a regressive tax regime for cryptocurrencies.

A hearing on crypto mining scheduled to take place in the US House of Representatives Committee on Energy & Commerce this week is already raising alarms in the crypto industry as a pre-published memo revealed what some called “basic errors” in lawmakers’ understanding of the field.

Britain is to crack down on "misleading" advertisements for crypto assets which could harm consumers, the UK Treasury announced on Monday.

Coins directly represent a proposed medium of exchange.

Cryptocurrency platforms hit the headlines worldwide as CNBC reported that reality TV star Kim Kardashian and boxing legend Floyd Mayweather are being sued over allegations that they misled investors when promoting a little-known cryptocurrency called EthereumMax to their millions of social media followers.

Spain has announced that influencers who advertise cryptocurrency in the country, will need to include warnings and disclose potential risks in their promotional material. This rule applies to any influencer with 100,000 followers on more.

The much-awaited cryptocurrency bill, which had been scheduled for presentation during parliament's winter session last year, is unlikely to see the light of the day during the budget session as well which will start from January 31.

Some industry watchers point to the underlying stability of such long-term investments as potentially promising indicators for the capricious cryptocurrency.

The global cryptocurrency market capitalisation dipped by 2.26 percent over the last 24 hours to $2.02 trillion, while the trading volume rose by 21.51 percent to $77.49 billion as of January 18.

Spain moved on Monday to regulate rampant advertising of crypto assets, including by social media influencers, tasking its stock market supervisor with authorising mass campaigns and making sure investors are aware of risks.