In the past week, as most of the crypto coins have traded sideways, Cardano’s ADA token has shown a surge in its trajectory. Often regarded as Ethereum’s nemesis, ADA rose by 30% in the last seven days, while coins like Bitcoin, Ether, Solana, and XRP just rose by less than 5%, according to independent cryptocurrency
Indian Parliament’s budget session is all set to begin on January 30, 2022. The budget for the fiscal year 2022-2023 will be presented in the Parliament. One of the most awaited things in this budget would be the governments’ bill on regulating and functioning of Crypto market in India. TDS and TCS on crypto transactions As reported by
The Associated Press (AP), a global news agency, has announced the launch of its own non-fungible token (NFT) marketplace. Blockchain technology provider Xooa would build this. The NFTs are being made available for collectors to purchase the news agency’s award-winning contemporary and historic photojournalism. The Associated Press is one of the biggest news agencies globally,
According to Bitpay Inc., one of the biggest crypto payment processors in the world, for purchases, the use of digital tokens other than Bitcoin is increasing among consumers and businesses. Bloomberg reported, the company noted that the use of Bitcoin in merchants that use Bitpay dropped from 92% in 2020 to 65% in 2021. On
Cryptocurrency Market witnessed a rise in its value after constantly declining for the last couple of days. According to CoinMarketCap, the market on Saturday, January 15, 2022, was standing at $2.06 trillion. Over the course of the last 24 hours, the volume of traded coins was at $75.44 billion, showing an increase of 27.28 percent.
The crypto market saw a huge rise in the year 2021. Along with legitimate use, it’s also used for many illegitimate purposes. But now, according to a recent report by data analytics firm Chainalysis, the criminal usage of cryptocurrencies might drop around the world in 2022. The legitimate cryptocurrency usage will outgrow the illegitimate as
The lightning payments app Strike made quite a buzz by starting its operations in the South American country of Argentina this week. But now, it has come under criticism from many users on Twitter complaining that they cannot buy, sell, or hold bitcoin compared to strike users in other nations. Instead, it’s only supporting Tether’s
Brazil’s second most populous city, Rio de Janeiro, is all set to buy Bitcoin with 1% of the city’s treasury reserves, said Eduardo Paes, the city’s mayor. Rio will be the first-ever Brazilian city to purchase crypto as a store of value if Eduardo proceeds with what he says. 📢 Breaking News: Rio de Janeiro