XRP has emerged as the strongest performer among major cryptocurrencies following a broad market downturn, rebounding nearly 20% within 24 hours after touching its lowest level since 2024. The recovery significantly outpaced gains in Bitcoin, Ethereum, Solana and Dogecoin, highlighting XRP’s tendency to magnify broader market movements during periods of heightened volatility. Analysts attribute the… Continue reading XRP Leads Crypto Rebound With 20% Surge as Market Volatility Intensifies
Category: Crypto Exchanges
Cryptocurrency Exchanges
Ethereum’s Rising Popularity Sparks Investment Debate: Is Rs. 83,000 a Smart Bet?
Ethereum has reached renewed levels of global interest, driven by institutional adoption, expanding decentralized finance applications and continued blockchain innovation. As investor participation widens, retail participants are increasingly asking whether committing $1,000 — roughly Rs. 83,000 — is a prudent move. While Ethereum’s ecosystem strength and technological upgrades present compelling long-term prospects, volatility, regulatory risks… Continue reading Ethereum’s Rising Popularity Sparks Investment Debate: Is Rs. 83,000 a Smart Bet?
BitMine Expands Ethereum Holdings Despite Rs. 62,250 Cr Unrealized Loss
BitMine Immersion Technology, a publicly traded digital asset treasury firm focused on Ethereum, has increased its ETH holdings despite reporting an unrealized loss equivalent to approximately Rs. 62,250 crore on its portfolio. The company continued accumulating Ethereum even as market volatility pushed prices below its average acquisition cost. The move underscores management’s long-term conviction in… Continue reading BitMine Expands Ethereum Holdings Despite Rs. 62,250 Cr Unrealized Loss
India Retains 30% Crypto Tax and 1% TDS, Signaling Regulatory Caution Over Market Expansion
India has reaffirmed its decision to retain a 30% flat tax on cryptocurrency gains and a 1% Tax Deducted at Source on every trade, despite sustained criticism from investors and industry participants. The policy, introduced in February 2022, has been blamed for shrinking domestic trading volumes and driving capital to offshore platforms. Finance Minister Nirmala… Continue reading India Retains 30% Crypto Tax and 1% TDS, Signaling Regulatory Caution Over Market Expansion
Bitcoin’s Rising Prominence: Why the World’s Largest Cryptocurrency Is Regaining Momentum
Bitcoin is once again commanding global attention as investors, institutions and policymakers reassess its role in the evolving financial system. A convergence of macroeconomic uncertainty, expanding institutional participation, regulatory clarity in key markets and the growing perception of Bitcoin as “digital gold” has fueled renewed interest. At the same time, advancements in blockchain infrastructure and… Continue reading Bitcoin’s Rising Prominence: Why the World’s Largest Cryptocurrency Is Regaining Momentum
Dogecoin vs. Ethereum vs. Solana: Evaluating the Strategic Divide in the Digital Asset Market
Dogecoin, Ethereum and Solana represent three distinct philosophies within the cryptocurrency ecosystem, each shaped by different technological foundations, investor profiles and market use cases. While Dogecoin began as a meme-driven token that evolved into a speculative payment asset, Ethereum established itself as the backbone of decentralized finance and smart contracts. Solana, meanwhile, has positioned itself… Continue reading Dogecoin vs. Ethereum vs. Solana: Evaluating the Strategic Divide in the Digital Asset Market
Strategy Acquires 1,142 Bitcoin at Rs 78,815 Each Amid Market Dip
Strategy, a corporate treasury firm focused on digital asset accumulation, has purchased 1,142 Bitcoin at an average price of Rs 78,815 per coin, even as the cryptocurrency briefly declined to nearly Rs 60,000 during the acquisition window. The move underscores the company’s long-term conviction in Bitcoin despite short-term volatility. While the purchase price exceeded prevailing… Continue reading Strategy Acquires 1,142 Bitcoin at Rs 78,815 Each Amid Market Dip
Bitcoin Mining Difficulty Plunges 11%, Marking Sharpest Adjustment Since 2021 Crackdown
Bitcoin’s mining difficulty has recorded a decline of more than 11 percent, representing the most significant downward adjustment since the 2021 industry disruption triggered by China’s sweeping mining ban. The sharp recalibration reflects declining network hash rate, operational strain among miners, and broader volatility across cryptocurrency markets. Difficulty adjustments, which occur roughly every two weeks,… Continue reading Bitcoin Mining Difficulty Plunges 11%, Marking Sharpest Adjustment Since 2021 Crackdown
Bithumb’s $44 Billion Bitcoin Discrepancy Triggers Regulatory Alarm in South Korea
South Korea’s financial regulators have intensified scrutiny of domestic cryptocurrency exchanges following revelations of a $44 billion — approximately Rs. 3.65 lakh crore — discrepancy linked to Bitcoin holdings at Bithumb. The development has raised fresh concerns about reserve transparency, accounting integrity, and systemic risk within one of Asia’s most active digital asset markets. Authorities… Continue reading Bithumb’s $44 Billion Bitcoin Discrepancy Triggers Regulatory Alarm in South Korea
South Korea Launches Investigation Into Crypto Exchange Over Alleged $40 Billion ‘Phantom Bitcoin’ Irregularities
South Korean authorities have initiated a sweeping investigation into a domestic cryptocurrency exchange accused of reporting nearly $40 billion — approximately Rs. 3.32 lakh crore — in what regulators suspect may be fictitious or improperly accounted Bitcoin holdings. The probe centers on discrepancies between declared digital reserves and verifiable blockchain data, raising concerns about transparency,… Continue reading South Korea Launches Investigation Into Crypto Exchange Over Alleged $40 Billion ‘Phantom Bitcoin’ Irregularities