Trading may be one of the most prominent ways of earning returns from crypto, but you can also do so by staking stablecoins. Decent interest rates are in play, especially if you know the right crypto platforms to invest in. If your portfolio has some stablecoins to spare, earning interest on them could become a […]
Grayscale Investment’s new Future of Finance exchange-traded fund (ETF) will now list on the London Stock Exchange, Deutsche Börse Xetra and Borsa Italiana. With the new fund named The Grayscale Future of Finance UCITS ETF (GFOF), investors will be able to make single stock purchases when betting on a variety of companies in the crypto […]
The Federal Bureau of Investigation (FBI) has said it was not able to allocate resources the theft of $165,000 worth of cryptocurrency from Coinbase because the sum was too small. Speaking to NBC News, Philip Martin explained how he got scammed by hackers who “phished him” by changing the URL address of the website he […]
Synopsis The depegged stablecoin of Terra foundation, named UST, death spiralled below $0.15 from $1, wiping out more than $30 billion from the investors wealth and its sister token LUNA took the entire hammering. Kwon, the creator of Terra blockchain with his Terraform Labs team, conceded that the Terra ecosystem has experienced total collapse, and […]
Synopsis Bitcoin fell 5% to around $29,700 on Monday in Asian trade, sliding alongside stocks because of worries about high inflation and rising interest rates. European officials reiterated warnings of risks posed by cryptocurrencies.HONG KONG – Cryptocurrencies resumed their slide on Monday, giving up the gains they had eked out over the weekend, as regulators […]
Synopsis The global cryptocurrency market cap was trading sharply higher at the $1.31 trillion mark, rising close to 3 per cent in the last 24 hours. However, the total cryptocurrency trading volume dropped about 10 per cent to $78.40 billion. New Delhi: After witnessing deep cuts in the last one week, major crypto tokens scripted […]
Synopsis Most investors have seen their portfolios sink deep into the red as carnage continues in the crypto market due to a confluence of factors including inflation, rising interest rates, the Ukraine-Russia conflict, volatility in stable coins, and the recent crash of the Terra ecosystem. Ethereum, the second-largest crypto by market cap, has been falling […]
Synopsis Portfolios of most crypto investors who entered the ecosystem post 2021 are in the red. ET CONTRIBUTORSBy Analytics Team, Giottus Crypto Exchange Bitcoin (BTC)’s volatility was on full display this week – from the highs of $36,000, BTC briefly went below $27,000 before regaining the $30,000 level and losing it eventually. BTC is trading […]
Synopsis The government in this budget introduced a 1% tax deducted at source or TDS on every transaction, along with a 30% tax on returns of investors and traders. Mumbai: Some cryptocurrency exchanges that have either moved or are looking to move out of India have reached out to their tax advisors to figure out […]
Synopsis Bitcoin, the largest cryptocurrency by market value, last rose 4.85% to $29,925, rebounding from a December 2020-low of $25,400 which it hit on Thursday. Indian crypto exchanges delist Terra (LUNA) after 100% crash in Token; Bitcoin below $30KHONG KONG/LONDON/NEW YORK – C ryptocurrencies steadied on Friday, with bitcoin recovering from a 16-month low after […]