
Will crypto market rebound in 2023? Here’s what experts say
Bitcoin and Ethereum are down 75% from their all-time highs in November 2021; some experts believe that cryptos will bounce back in the coming months.
Bitcoin and Ethereum are down 75% from their all-time highs in November 2021; some experts believe that cryptos will bounce back in the coming months.
Indians generally buy precious metals like gold during Diwali, but with changing times millennials are taking interest in cryptocurrencies to earn lucrative returns.
Crypto worth $718 million stolen from DeFi protocols in October so far. Of the total 11 hacks in October, four hacks were reported on Oct 12 alone.
The new consensus mechanism adopted by the crypto is yet to be fully tested for resilience and hidden vulnerabilities.
Dropping below $20,000 levels today, Bitcoin is trading at $18,471.13 currently; Ethereum, which saw its most crucial software update last week, is at $1,299.60.
The idea is, says Rajagopal Menon of WazirX, that this asset class will be volatile because it is traded 365 days for 24 hours.
IC15 is a broad market index by market capitalisation, which tracks and measures the performance of top 15 widely traded liquid cryptocurrencies.
The drop in crypto comes as global equity markets plunged following Russia's invasion of Ukraine.
Investment of ₹1,000 per month in bitcoin for five years would give a return of ₹3.72 lakh, as per Bitbns SIP calculator.
Solana, Cardano, Avalanche, Polkadot that offer real-world applications will continue to hog the limelight.