Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,380,996,177,395.11
  • 24h Vol: $52,943,641,031.25
  • BTC Dominance: 56.62%

India

brics-emerges-as-the-world’s-largest-gdp-bloc,-propelled-by-china’s-rapid-expansion

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

Leave a Comment / Acorn Macro Consulting, Anil Sooklal, Bitcoin, Brazil, brics, Canada, China, Crypto Hacked, Cryptocurrency, Economics, Egypt, Ethereum, expansion, France, g7, gdp, Germany, gross domestic product, India, Italy, Japan, new members, PPP, Putin, Russia, South Africa, U.K., U.S., xi / / / , , , , , , , , , , , , , , , , , , , , , , , ,

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries […]

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion Read More »

india,-uae-collaborate-to-boost-cross-border-central-bank-digital-currency-transactions

India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions

Leave a Comment / Bitcoin, cross border CBDC, Crypto Hacked, Cryptocurrency, digital rupee, Ethereum, India, india central bank digital currency, India UAE, India UAE central bank digital currencies, RBI, rbi cbdc, rbi central bank digital currency, Regulation, UAE, UAE central bank digital currency / / / , , , , , , , , , , ,

India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India

India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions Read More »

extreme-market-turbulence:-critics-call-warren’s-silvergate-take-‘terribly-misinformed,’-svb-collapses,-vitalik’s-token-sell-off-moves-markets,-and-more-—-week-in-review

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review

Leave a Comment / Bitcoin, China, Crypto Hacked, Cryptocurrency, dedollarization, Elizabeth Warren, ERC20, Ethereum, FDIC, India, OIL, Sell Off, Silicon Valley Bank, Silvergate Bank, SVB, The Weekly, USD, Vitalik Buterin / / / , , , , , , , , , , , , ,

It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.” Additionally, U.S. Regulators closed Silicon Valley Bank after reports of a bank run and other troubles. In

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review Read More »

india-brings-crypto-transactions-under-prevention-of-money-laundering-act

India Brings Crypto Transactions Under Prevention of Money Laundering Act

Leave a Comment / Bitcoin, Crypto Hacked, crypto PMLA, Cryptocurrency, cryptocurrency PMLA, Ethereum, G20, government of India, India, india crypto, india crypto regulation, india cryptocurrency, India prevention of money laundering act, indian cryptocurrency regulation, PMLA, Regulation / / / , , , , , , , , , , ,

India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the sector,” a crypto insider explained that it will strengthen the industry’s efforts to prevent virtual digital assets “from being misused by bad actors.” India

India Brings Crypto Transactions Under Prevention of Money Laundering Act Read More »

india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

Leave a Comment / banking sources, Bitcoin, BRICS Nations, Crude Oil, Crypto Hacked, Cryptocurrency, Currency Exchange, Daniel Ahn, discounted prices, economic power, Economic sanctions, Economics, emerging economies, energy markets, energy security, Ethereum, European petrol stations, financial transactions, Foreign Policy, former chief economist, geopolitical risks, global oil trade, India, international oil trade, non-US denominated fiat currencies, oil deals, oil traders, reserve currency, Russia, trade agreements, transitory gains, UAE dirham, United Arab Emirates, US Dollar, US State Department, western sanctions / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S.

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade Read More »

india’s-central-bank-reveals-50,000-users-and-5,000-merchants-now-using-digital-rupee

India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, digital rupee, Ethereum, India, india cbdc, Regulation / / / , , ,

India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed by eight banks, with five more banks set to join the pilot soon, said RBI Deputy Governor T. Rabi Sankar. Digital Rupee Now

India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee Read More »

india-to-introduce-measures-around-crypto-this-year,-says-government-official

India to Introduce Measures Around Crypto This Year, Says Government Official

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, India, indian crypto bill, indian crypto legislation, indian crypto regulation, indian cryptocurrency regulation, indian finance minister, indian government, Regulation / / / , , , , , , ,

The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers and central bank governors. India Could Introduce Crypto Measures This Year India’s Economic Affairs Secretary Ajay Seth

India to Introduce Measures Around Crypto This Year, Says Government Official Read More »

indian-government-introduces-new-crypto-tax-penalties

Indian Government Introduces New Crypto Tax Penalties

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, India, india crypto, india crypto tax, india cryptocurrency tax india TDS, india TDS penalty, Regulation / / / , , , , ,

The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed at 30% while TDS stays at 1%. No Crypto Tax

Indian Government Introduces New Crypto Tax Penalties Read More »

nothing-outlaws-crypto-in-india-if-legal-procedures-are-followed,-says-government-official

Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, India, india crypto, india cryptocurrency, indian government, Indian government cryptocurrency, Indian Parliament member, RBI, rbi crypto, Regulation / / / , , , , , , , ,

An Indian government official says that there is currently nothing that outlaws crypto in India “as long as you follow the legal process.” Meanwhile, the country’s central bank, the Reserve Bank of India (RBI), has stressed that “cryptocurrency does not have any underlying value.” Indian Government Official on Crypto Indian government official Rajeev Chandrasekhar talked

Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official Read More »

gold-prices-expected-to-soar-in-2023:-experts-predict-record-highs-for-precious-metal

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Leave a Comment / 2022, 2023, ABN AMRO, appreciation, Bitcoin, Bullish, China, CPI, Crypto Hacked, Cryptocurrency, Demand, Ethereum, Exchange, geopolitical, gold, Gold Mining Bull, Greenback, holdings, India, jewelry, Juerg Kiener, Macro, Metal, metals, mine, MKS Pamp Group, News, Nicky Shiels, Nov. 3, Ole Hansen, ounce, PCE, pent-up, pivot, positive, Purchases, recessionary, Reserve, Rise, Russia, Saxo, silver, soar, Strategy&, Supply, Tensions, trend, troy, U.S. dollar, Ukraine - Russia, War, weaker / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal Read More »