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Leading institutions such as SBI, HDFC Bank, Axis Bank and ICICI Bank have told various crypto exchanges that services related to crypto trades are unlikely to be resumed immediately.
NEW DELHI: The cryptocurrency market is experiencing tough times after last week’s free fall. The strong volatility even drove many investors to bankruptcy. Crypto investors lost a whopping $830 billion in the last one week. The total market-cap of all cryptocurrencies stood at $1.49 trillion as of Monday morning. The cryptocurrency market has lost about 60% of the total market-cap in the past one week, with the top two digital tokens -- Bitcoin & Ethereum – giving up significant gains from their all-time highs. The price of Bitcoin, world's largest cryptocurrency, has recovered to $37,00...
Don’t panic-sell bitcoin in crash: Crypto startups SECTIONS Share Getty Images While investing or trading in cryptocurrencies is a legal grey area, Indians owned about Rs 10,000 crore worth of such assets as of February. Related (This story originally appeared in on May 21, 2021)Mumbai: Indian crypto entrepreneurs are urging investors not to panic-sell assets like bitcoin and ether after prices crashed over 30% this week. According to cryptocurrency exchanges, investors should decide if they can sustain with locked funds for 3-4 years, and use only risk capital for what would be more of a...
$STOPELON - Now a cryptocurrency to 'destroy' Elon Musk The currency, being created on the blockchain Binance Smart Chain, is currently trading at around 0.00005600 with a market capitalisation of nearly $30 million, according to chart site Poocoin Aprajita Sharma May 20, 2021 | Updated 15:50 IST Notably, cryptocurrencies across the board from bitcoin, ethereum to dogecoins tanked massively in last couple of days after Elon Musk tweeted that Tesla will not accept Bitcoin for transactions (Image: Twitter) The crypto world has a new member. This new member hates Tesla founder Elon Musk. $STOPE...
2800% returns YTD! What's happening with Dogecoin? "Dogecoin is a community driven cryptocurrency at the moment and the value is being determined by power and influence on social media by influencers," says Monark Modi, Founder and CEO, Bitex Dogecoin breaches 10 cents for the first time ever For the second consecutive day, Bitcoin has breached its all-time high. On Wednesday, the world's largest crypto currency crossed US$ 64,000 level for the first time. Following suit, Dogecoin, which originally started as an internet parody over seven years ago surged 85 per cent in a day. The meme coin ...