Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai.Coinstore announced to launch its web and app platform in India for spot and futures trading, opening up a new crypto investment avenue for Indian investors. The … [Read more...] about Singaporean crypto exchange enters India amid regulatory uncertainty
Uncertainty
Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
It's not yet known whether Binance's recent news of being temporarily suspended from the U.K.’s financial system is the main driver behind today's Bitcoin (BTC) price drop. As Cointelegraph reported, the exchange sent emails to affected customers but has not given any details.Regardless of the reason behind the price weakness, derivatives contracts started to display some … [Read more...] about Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
Despite regulatory uncertainty, Indian crypto investment surges 19,900% in one year
Despite India’s uncertain regulatory climate regarding crypto assets, nationwide investments in digital assets have increased by roughly 19,900% over the past year.According to data from blockchain analytics firm Chanalysis that was reported by Bloomberg on June 28, crypto investments increased during mid-2020 before going parabolic as the markets surged into new all-time highs … [Read more...] about Despite regulatory uncertainty, Indian crypto investment surges 19,900% in one year
Altcoins follow Bitcoin price’s lead as uncertainty grips crypto market
Cryptocurrency investors all over the globe have been facing a challenging time for over a month thanks, in large part, to the unprecedented price drops that have happened across the board in relation to most prominent digital currencies available in the market.Since the start of June, the total market capitalization of this relatively nascent space has dipped from a little … [Read more...] about Altcoins follow Bitcoin price’s lead as uncertainty grips crypto market
MicroStrategy dismisses market uncertainty, buys another Bitcoin dip
MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty.As announced by CEO Michael Saylor, the company purchased another 205 BTC at an average price of $48,888, spending $10 million in cash to do so. This puts the company’s total Bitcoin holdings at 91,064 BTC … [Read more...] about MicroStrategy dismisses market uncertainty, buys another Bitcoin dip