
Crypto Bloodbath: Why next one year will be tough
The idea is, says Rajagopal Menon of WazirX, that this asset class will be volatile because it is traded 365 days for 24 hours.
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.
Industry experts are optimistic that there will not be a blanket ban and the speculation around the term ‘private cryptocurrencies’ will be put to rest once the fine print of the bill is out.
The move to "prohibit" comes after the PM had warned young investors about the perils of cryptocurrency, and chairing top-level deliberations on the issue.
Bitcoin’s and Ethereum’s exorbitant price makes them an elusive cryptocurrency. Shiba Inu is an affordable and abundant alternative for those looking to get on the crypto-investing bandwagon.
As cryptocurrencies grow, differentiate them from digital currencies, devise robust regulatory mechanisms.
The decision regarding which type of blockchain network to use for your network can be a complicated choice as many factors weigh into the decision.