Did the Indian govt's 'Bitcoin ban' campaign backfire?

2021-6-29 04:00

India's stance towards cryptocurrencies has been steadily changing over the past year: indications of ebbing hostility towards this sector have been widely covered. Considering the sheer number of peoThe post Did the Indian govt's 'Bitcoin ban' campaign backfire? appeared first on AMBCrypto.

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towards did campaign backfire ban bitcoin indian

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SEC Chairman on crypto: Investor protection needs to be top priority

The issue of regulating cryptocurrencies has been something that the crypto industry has been looking forward towards for a very long time. Unfortunately, it never did come to pass, as of yet. But, the US SEC now has a new chairman, Gary Gensler, who is extremely familiar with crypto, being an MIT professor who taught […] The post SEC Chairman on crypto: Investor protection needs to be top priority appeared first on Invezz.

2021-5-9 10:43


Bitcoin is About to Clear a Crucial Resistance; What Analysts are Saying

Bitcoin has seen some mixed price action as of late, with bulls currently trying to form a breakout rally as the crypto pushes towards key resistance It did face a somewhat strong rejection earlier today that has since led it lower, which could be a grim sign for what comes next One trader said in a recent tweet that BTC’s near-term outlook likely depends wholly on whether or not it can continue pushing higher and […]

2021-2-2 21:00


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Analyst Claims Bitcoin is Poised for a Plunge to $20,000 as Rally Slows

Bitcoin saw a massive rally yesterday evening that allowed it to set fresh all-time highs above $29,000 The cryptocurrency did meet some serious selling pressure here that slowed its ascent and caused it to decline back down towards $28,000 It does appear to be finding some support here, but it remains unclear as to how long it will last for One analyst spoke about this in a recent tweet, noting that he is preparing for […]

2021-1-1 21:00


Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?

Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day. The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package.

2020-9-29 08:14


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It’s Do or Die for Bitcoin as Analysts Begin Eying Further Upside

Bitcoin has posted a strong rebound from its recent lows that were set within the upper-$9,000 region Bulls clearly did not want the benchmark crypto’s macro strength to be invalidated As such, they have since sparked a move up towards the mid-$10,000 region, currently attempting to capture $10,400 It is important to note that this price action comes as the cryptocurrency reaches a do or die moment How it ultimately responds to $10,000 could determine […]

2020-9-11 02:00


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Bitcoin’s Bull Case Degrades Following Selloff; What Analysts Are Watching

Bitcoin has seen some slight downside today, marking a bearish resolution to the bout of sideways trading that it has been caught within throughout the past few days Yesterday, bulls were showing some signs of strength as they pushed the crypto towards $12,000 This fleeting momentum seems to indicate that bulls are still plagued by underlying weakness As for where BTC may trend next, analysts are noting that this did strike a blow to the […]

2020-8-26 21:00


Bitcoin’s liquidity makes it similar to gold: OpenNode’s Nik Bhatia

While Bitcoin’s ability to dominate the financial system has been supported by the masses, the factors that will eventually speed up the shift towards Bitcoin adoption remain a mystery. Discussing this in detail, OpenNode and Tantra Labs’ Research Strategist, Nik Bhatia, featured on What Bitcoin Did podcast, to support Bitcoin as an answer against centralised […] The post Bitcoin’s liquidity makes it similar to gold: OpenNode’s Nik Bhatia appeared first on AMBCrypto.

2019-10-26 08:18


Market Update: Bulls struggle to push Bitcoin towards $11k. Here’s What to Expect Next

The week has been a rough one for Bitcoin which is now set out on a recovery path. After Trump’s comment on Bitcoin, the massive publicity it gained did not do any noteworthy increase to price as reflected in the cryptocurrency market, however, the bulls have stepped in and Bitcoin is bent on making a […] The post Market Update: Bulls struggle to push Bitcoin towards $11k. Here’s What to Expect Next appeared first on ZyCrypto.

2019-7-16 11:16


Is the crypto community truly moving towards decentralization? Or is it just a pipe dream?

Satoshi succeeded where Cypherpunks failed [or did they?], he made it so that we would be free from the clutches of centralization and move towards something better – decentralization. The Ethos of Bitcoin or its underlying technology was to move away from centralization and censorship and towards decentralization, where transactions wouldn’t be censored, and people […] The post Is the crypto community truly moving towards decentralization? Or is it just a pipe dream? appeared first on AMBCrypto.

2019-4-21 16:30


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Is India planning to ban cryptocurrency?

India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private digital currencies. The focus is now shifting towards the development of a Central Bank Digital Currency (CBDC) – the digital rupee.

India weighs crypto ban as it pushes for digital rupee adoption

Regulators in India are considering banning cryptocurrencies like Bitcoin and Ether and are instead, promoting the use of the digital rupee. On Oct. 22, local media outlet the Hindustan Times cited two officials familiar with the matter who claimed that…