Market News Top Crypto News Crypto Mining: Kazakhstan Facing Power Outage – Top Crypto News Kazakhstan runs short of power due to crypto mining Kazakhstan, a country with a large number of leading crypto miners, is facing a massive power outage. The country is currently importing electricity from Russia at a higher tariff. The government had earlier commented on mining a few weeks earlier saying there is no revenue generation […] Written by Amal M Prashanth November 30, 2021November 30, 2021
Market News Top Crypto News UK Digital Services Tax Targets Crypto Exchanges – Top Crypto News UK Digital services tax targets crypto exchanges According to a report, crypto exchanges in the United Kingdom will have to pay a 2% digital services tax. Britain’s tax authority, HMRC, does not recognize digital assets as financial instruments and therefore exchanges are not eligible for financial exemptions. The digital services tax on revenue was introduced […] Written by Amal M Prashanth November 29, 2021November 29, 2021
Market News Top Crypto News COVID: Bitcoin Below $55K- Top Crypto News New COVID variant takes Bitcoin price below $55K With the fear of the new COVID variant spreading across the globe, markets worldwide fell heavily. Bitcoin was no exception seeing a heavy fall. BTC is trading around $54K now. This is 20% below the all-time high of $69K. El Salvador buys 100 BTC El Salvador celebrated […] Written by Amal M Prashanth November 27, 2021November 27, 2021
Market News Top Crypto News South Korean Regulator Proposes Strict Rules for Token Issuers – Top Crypto News New German government cites crypto in the coalition agreement Three German political parties agreed to a coalition deal this week where they said that they will advocate for an equal playing field between traditional finance and cryptocurrency. The coalition calls for a new “dynamic in relation to the opportunities and risks from new financial innovations” […] Written by Amal M Prashanth November 26, 2021November 26, 2021
Market News Top Crypto News New Survey Says 54% Indians are Against Legalizing Crypto – Top Crypto News More Than 50% of Indians Surveyed Don’t Want Crypto Legalized More than half of the people surveyed in India are against legalizing cryptocurrencies, according to an opinion poll published on Wednesday. The report comes on the back of the Indian government proposing a law to regulate the use of crypto and to create an official digital […] Written by Cherian Varghese November 25, 2021November 25, 2021
Market News Top Crypto News India’s New Crypto Bill Plans to Ban Private Players – Top Crypto News India’s new crypto bill plans to ban private players There is a concern in the market that India may go for a ban on private cryptocurrencies. The winter session will begin on 29th November. The government also plans to create a new digital currency that will be issued by RBI. Mixed messages on crypto tax […] Written by Amal M Prashanth November 24, 2021November 24, 2021
Market News Top Crypto News IMF advises El Salvador on Bitcoin – Top Crypto News IMF recommends El Salvador not use bitcoin as legal tender The International Monetary Fund (IMF) on Monday said El Salvador should not use bitcoin as legal tender, considering risks related to the cryptocurrency. The IMF statement came just after El Salvador announced that he was planning to build Bitcoin city. Cryptocurrencies fade on news that […] Written by Amal M Prashanth November 23, 2021November 23, 2021
Market News Top Crypto News Dogecoin is the Most Googled Cryptocurrency in the US – Top Crypto News Shiba Inu Slips in Coinbase Volume Rankings After Topping the List for 2 Weeks SHIB accounted for 6.72% of the total turnover on Coinbase, the Nasdaq-listed crypto exchange, slipping to the third position behind Bitcoin and Ether. SHIB is still ahead of prominent cryptocurrencies like programmable blockchains Solana and Polkadot’s SOL and DOT tokens. French […] Written by Amal M Prashanth November 22, 2021November 22, 2021
Jargons Understanding the Different Types of Cryptocurrencies Cryptocurrencies have become extremely popular across the globe over the past few years. Multiple crypto exchanges have sprung up in India, making it easier for you and me to invest or trade in the tens of thousands of cryptocurrencies available today. However, it is vital that we understand the various categories of cryptos and their […] Written by Cherian Varghese November 20, 2021November 20, 2021
Market News Top Crypto News Digital Currencies Won’t Impact US sanctions – Top Crypto News Digital currencies won’t impact US sanctions, Treasury exec says Central bank digital currencies (CBDC) like Russia’s digital ruble do not pose any threat to United States sanctions, according to the U.S. Deputy Treasury Secretary Wally Adeyemo. In a CNBC interview on Wednesday, Adeyemo argued that the U.S. dollar “will remain the dominant currency in the […] Written by Amal M Prashanth November 20, 2021November 20, 2021
Market News Top Crypto News Crypto Ban Unlikely in India, but Govt to Discourage Trade – Top Crypto News Crypto Ban Unlikely in India, but Govt to Discourage Trade According to reports, the Indian government has indicated that it plans to regulate cryptocurrencies to prevent investors from holding them without any restriction. However, the Centre does not want to ban crypto coins entirely, as it had planned earlier. The Centre is likely to allow only […] Written by Amal M Prashanth November 19, 2021November 19, 2021
Market News Top Global News Bitcoin Hits $60,000 Again – Top International News Money Moving Into Fundamentally Strong Stocks as Treasury Bonds Decline U.S markets are consolidating after a 0.25-0.45% gap-up opening. Investors and traders are slowly moving to strong stocks after the unexpected increase in retail sales and corporate earnings. The S&P 500 is having the best week since July end, led by industrial and financial shares. […] Written by marketfeed Team October 15, 2021October 18, 2021
The Escorts-Kubota Deal Explained On November 18, Escorts Limited announced that Japan-based Kubota Corporation will join the company as a co-promoter. The foreign entity will invest nearly Rs 9,400 crore in the tractor manufacturing company. With this investment, Escorts is looking to obtain a sizable share of the world’s largest tractor market— India. Dalal Street welcomed this news with […] Written by Anand P M November 23, 2021November 24, 2021
Why Was The PayTM IPO a Flop Show? India’s largest IPO in a decade has turned a flop show! One97 Communications Ltd, the parent company of digital payments app PayTM, lost 27% of its share price on the day of its listing. Domestic retail investors had high hopes on the Rs 18,300 crore IPO. Nevertheless, investors were left surprised when the shares were […] Written by Maarg Vaidya November 22, 2021November 22, 2021
Go Fashion (India) Ltd IPO: All You Need to Know 2021 has been a record year for companies turning public. Go Fashion (India) Ltd, a leading women’s bottom-wear brand based in Chennai, has launched its IPO today— Nov 17. The company holds a nearly 8% market share in the branded women’s bottom-wear market in India. Let us take a closer look into the company and […] Written by Cherian Varghese November 17, 2021November 17, 2021
