Cryptocurrency prices continue to be in the red on June 21. The global cryptocurrency market cap is $1.48 trillion, a 0.44 percent decrease over the last day. The total crypto market volume over the last 24 hours is $80.63 billion, which makes a 15.58 percent increase. The volume of all stable coins is now $64.06…

Read More “Cryptocurrency Prices Today On June 21: Bitcoin, XRP, Binance Coin” »

China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre.Cryptomining is big business in China, accounting for more than half of global bitcoin production. But the State Council, China’s cabinet, last month vowed to clamp down on bitcoin mining and…

Read More “TechnologyChina’s cryptocurrency-mining crackdown spreads to Sichuan” »

Most major cryptocurrencies are currently trading in the red with bitcoin and ethereum down about 3 percent in the past 24 hours. The global cryptocurrency market capitalisation is currently $1.51 trillion, a decline of 3.40 percent over the previous day. Bitcoin, the world’s largest cryptocurrency, dropped as much as 7 percent to $35,431.15 at 8.02 pm GMT on…

Read More “Top Cryptocurrency Prices On June 19: Bitcoin, Ether, Dogecoin And More” »

Michael Burry, who is best known for shorting the 2007 mortgage bond market, warned retail investors of losses worth “the size of countries” if prices of cryptocurrencies and meme stocks decline. In a series of tweets on June 17, which have since been deleted, Burry cautioned traders about the “mother of all crashes”, Bloomberg reported. Burry does have a habit of deleting his tweets, the…

Read More “‘Big Short’ Investor Michael Burry Warns Of Losses ‘the Size Of Countries’ If Cryptocurrencies, Meme Stocks Fall” »

Rapper Raftaar has become the first Indian artiste to accept cryptocurrency instead of actual currency as performance fee. “I’ve always been an ardent admirer of blockchain technology. I’ve always wondered why artistes and managers alike haven’t explored the potential of this disruptive medium. Nevertheless, I’ve finally taken the baby steps in this direction and all the credit goes…

Read More “Rapper Raftaar Is The First Indian Artiste To Accept Cryptocurrency As Performance Fees” »

Billionaire investor Mark Cuban of Shark Tank fame was hit after the cryptocurrency token Iron Titanium crashed to zero dollars following a panic selloff from a high of over $64 within hours. “I got hit like everyone else. Crazy part is I got out, thought they were increasing their TVL enough. Than Bam,” Cuban tweeted. Cuban…

Read More “Billionaire Mark Cuban Hit By Iron Titanium Coin Crash” »

In a surprising yet positive stance on cryptocurrencies, the Reserve Bank of India (RBI) on May 31 clarified that banks and other regulated entities cannot cite its 2018 circular on cryptocurrencies as it has been set aside by the Supreme Court (SC) in March, 2020. The circular is not valid from the date of the SC…

Read More “Is It Safe To Buy Cryptos In India? Here’s What Exchanges Say After RBI’s Clarification” »

China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining center. Cryptomining is big business in China, accounting for more than half of global bitcoin production. But the State Council, China’s cabinet, last month vowed to clamp down on bitcoin mining…

Read More “China’s Cryptocurrency-mining Crackdown Spreads To Sichuan” »