After riches to rags story, young crypto trader launches tea stall that accepts Bitcoin

After riches to rags story, young crypto trader launches tea stall that accepts Bitcoin

What if you could take the smallest risk possible that might change your life? That’s what a young man from Bangalore did by dropping out of college to start his own business. With an initial capital of just Rs 30,000, Shubham Saini, a 22-year-old student set up a tea stall named ‘The Frustrated drop out’. […]

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Bitcoin once again slips below ,000

Bitcoin once again slips below $20,000

Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world’s biggest and best-known cryptocurrency is down 58.9% from the year’s high of $48,234 on March 28. Ether , the coin linked to the ethereum blockchain network, dropped 3.2 % to $1,422.1 on Sunday, losing […]

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Bitcoin dips below ,000, extending second weekly retreat

Bitcoin dips below $20,000, extending second weekly retreat

Cryptocurrencies mirrored global markets and declined after Jerome Powell warned against prematurely loosening policy, with Bitcoin dipping below the bottom end of the narrow range that it has traded in the past two weeks.“Powell’s admission that there will be pain before there is relief is rather hawkish,” said Josh Olszewicz, head of research at digital […]

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Want to leave crypto? Here’s a quick guide to quit cryptocurrency world safely

Want to leave crypto? Here’s a quick guide to quit cryptocurrency world safely

It won’t be wrong to say that this has been the harshest crypto winter of all time. For the first time, companies like WazirX and Binance fought over the ownership of the company. Not to forget, the regulatory uncertainty from global regulators has deepened the wound of investors who have lost their entire life savings. […]

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Bitcoin’s average transaction fee drops below , after two years

Bitcoin’s average transaction fee drops below $1, after two years

Transaction fee on the Bitcoin blockchain network dropped below $1 on Monday for the first time in two years, according to crypto analytics firm blockchain.com. As of writing this article, the Bitcoin transaction fee stands at $0.825. Gas fee or transaction fee is what you pay for using the Blockchain, following which you can transfer […]

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Bengaluru-based startup GoSats is rewarding Indians in Bitcoin for online purchases

Bengaluru-based startup GoSats is rewarding Indians in Bitcoin for online purchases

Every time you order food or buy clothing on an e-commerce platform, receiving rewards in either the form of cashback or discount makes you happy. It is a simple win-win scenario for all the parties involved, the merchants see an increase in sales when they offer cashback, and the user gets a cashback in his […]

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Bitcoin’s top developer confirms resignation plan, cites ‘social media spats’ as reason

Bitcoin’s top developer confirms resignation plan, cites ‘social media spats’ as reason

Bitcoin’s top developer Wladimir van der Laan in a tweet confirmed that he is resigning from the Bitcoin project. He cites “burnout” and constant “bizarre spats on social media” as major reasons for taking this decision. It should be noted that Van der Laan is the second successor to Satoshi Nakamoto, the pseudonymous individual who created […]

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Bitcoin once again slips below ,000

Crypto derivatives volumes surge to $3.12 trillion in July: Crypto Compare

Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the recent market crash. The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes […]

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WazirX users eye other Indian cryptocurrency exchanges after ED probe

WazirX users eye other Indian cryptocurrency exchanges after ED probe

Users of the Indian cryptocurrency exchange WazirX are actively looking for new ways to deposit their cryptos to other exchanges. This comes days after the Enforcement Directorate (ED) said it had frozen bank balances of Rs 64.67 crore belonging to WazirX. “I don’t wish to take any further risks,” said Nishant Bhalerao, 28, a Mumbai […]

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FTX plans partial bailout of bankrupt Voyager’s customers

FTX plans partial bailout of bankrupt Voyager’s customers

FTX said on Friday it was planning to offer Voyager Digital’s customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry. Under the plan, Alameda Ventures, the trading firm also founded by Bankman-Fried, would purchase all of Voyager’s digital assets and digital asset […]

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