India’s burgeoning cryptocurrency market is beginning to make a measurable impact on the nation’s tax coffers, with data for the financial year 2024–25 showing robust growth in tax deducted at source (TDS) on virtual digital asset transactions. According to finance ministry records presented in Parliament, crypto exchanges across the country collected a total of nearly… Continue reading Crypto Gains Fuel Tax Revenue Boom: Maharashtra Leads with Rs. 293 Crore in TDS from Virtual Asset Trades
Category: Cryptocurrency
India Emerges as a Global Cryptocurrency Powerhouse, Ranking Among Top 10 Nations in Transaction Volume
bIndia has cemented its position as a major player in the global cryptocurrency ecosystem, entering the top 10 nations in terms of crypto transaction volume. The country’s rapid adoption of digital assets is driven by rising fintech penetration, a tech-savvy population, and increasing interest from retail and institutional investors. Analysts highlight that India’s crypto market… Continue reading India Emerges as a Global Cryptocurrency Powerhouse, Ranking Among Top 10 Nations in Transaction Volume
DRI Report Flags Crypto and Stablecoins as Emerging Tools in Drug and Gold Smuggling Networks
India’s Directorate of Revenue Intelligence (DRI) has identified a significant shift in the modus operandi of organised smuggling syndicates, with cryptocurrencies and stablecoins increasingly supplanting traditional hawala channels for moving illicit proceeds, particularly in drug and gold smuggling operations. The decentralised, pseudonymous characteristics of digital currencies facilitate rapid, cross‑border transfers that are harder to detect… Continue reading DRI Report Flags Crypto and Stablecoins as Emerging Tools in Drug and Gold Smuggling Networks
Why Bitcoin Trading Is Gaining Traction: Benefits in Today’s Financial Landscape
Bitcoin trading has emerged as a compelling opportunity for investors and traders amid evolving financial markets. Characterized by its decentralized architecture, high liquidity, and 24/7 accessibility, Bitcoin offers distinct advantages compared with traditional asset classes. Recent institutional engagement, expanding product infrastructure such as exchange‑traded funds (ETFs), and integration with stablecoin ecosystems have enhanced market depth… Continue reading Why Bitcoin Trading Is Gaining Traction: Benefits in Today’s Financial Landscape
Navigating the Crypto Landscape: Identifying Safer Cryptocurrencies for Investors
As cryptocurrencies continue to gain global attention, investors are increasingly seeking safer options amid high market volatility. While all digital assets carry inherent risk, certain cryptocurrencies distinguish themselves through robust technology, strong adoption, regulatory compliance, and transparent governance. Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, are often viewed as relatively… Continue reading Navigating the Crypto Landscape: Identifying Safer Cryptocurrencies for Investors
Cardano Plummets 11% Amid Market Sell-Off, Raising Concerns Over Crypto Volatility
Cardano (ADA), one of the leading cryptocurrencies, experienced a sharp 11% decline in value, reflecting intensified volatility across the digital asset market. Analysts attribute the sudden downturn to a combination of profit-taking, macroeconomic pressures, and lingering investor uncertainty in the wake of global financial turbulence. The drop has reignited concerns about the vulnerability of mid-cap… Continue reading Cardano Plummets 11% Amid Market Sell-Off, Raising Concerns Over Crypto Volatility
Trading Dogecoin: The Rising Case for Meme‑Coin Market Participation
Dogecoin trading is attracting renewed interest as digital assets become more deeply embedded in global finance. Once dismissed as a novelty, Dogecoin’s combination of low transaction costs, rapid settlement times, and broad exchange availability has made it appealing to both novice traders and seasoned market participants. Its large, engaged community and expanding real‑world utility support… Continue reading Trading Dogecoin: The Rising Case for Meme‑Coin Market Participation
TerraUSD Creator Do Kwon Sentenced to 15 Years in Landmark Crypto Collapse Case
Do Kwon, the co-creator of the TerraUSD (UST) stablecoin, has been sentenced to 15 years in prison following one of the most catastrophic collapses in cryptocurrency history. The implosion of TerraUSD and its sister token, Luna, wiped out approximately $40 billion in market value, triggering widespread investor losses and regulatory scrutiny across the crypto sector.… Continue reading TerraUSD Creator Do Kwon Sentenced to 15 Years in Landmark Crypto Collapse Case
Dogecoin’s Investment Appeal Grows as Retail Traders Revisit Meme-Driven Assets
Dogecoin, a cryptocurrency born as an internet meme, has steadily evolved into a mainstream digital asset attracting renewed investor attention. Its growing appeal stems from heightened retail participation, increased merchant adoption, and periodic endorsements from influential industry figures. While analysts caution that Dogecoin remains highly volatile, supporters argue that its low transaction costs, vibrant community,… Continue reading Dogecoin’s Investment Appeal Grows as Retail Traders Revisit Meme-Driven Assets
Strategy CEO Reaffirms Long-Term Bitcoin Commitment Amid Dividend Priorities and Regulatory Concerns
Strategy CEO Fong Lee has reiterated the company’s long-term confidence in Bitcoin while acknowledging that dividend obligations may at times require selling portions of its cryptocurrency holdings. In a recent interview, Lee emphasized that maintaining dividend payments takes precedence, even though Bitcoin remains central to Strategy’s broader investment philosophy. He noted that the firm could… Continue reading Strategy CEO Reaffirms Long-Term Bitcoin Commitment Amid Dividend Priorities and Regulatory Concerns