Bitcoin News
Why India’s Bitcoin premium is now higher than South Korea’s
The RBI is casting a cloud of regulatory uncertainty over the local digital assets industry, but the nation’s Bitcoin premium shows India wants crypto.
Pradipta Mukherjee
Contributor
Pradipta Mukherjee
Pradipta Mukherjee is a business reporter and has worked for Bloomberg News and Business Standard in India. An MBA and a post-graduate in Economics, Mukherjee focuses on financial markets and corporates. She is a Mary Morgan Hewett award recipient for Women in Journalism. She has also won the Jefferson Fellowship; the Thomson Reuters Foundation fellowship on ‘Social Media and Digital Journalism’ at The Chinese University of Hong Kong; the Kiplinger Fellowship at Ohio University, USA; and most recently, the National Press Foundation's fellowship on 'International Trade.'
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Altcoins
Hedera gears up for smart contract upgrade, leads market rebound
Hedera’s HBAR is leading a crypto market bounce with a 14% surge over the last 24 hours to trade at US$0.2306 on the back of the HederaStarter launch announcement as the ecosystem preps for its smart contract era. See related article: Hedera Hashgraph provides provenance for data from Syrian war Fast facts HederaStarter is slated […]
Pradipta Mukherjee
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Altcoins
Solana, Terra join Bitcoin in free fall as markets continue tumbling
Solana joined Bitcoin’s free fall along with other cryptocurrencies on Tuesday, after being among the few cryptos standing in the green during a red day in the crypto market on Monday. See related article: What Solana prices will be at the end of 2021 and beyond Fast facts Solana — currently at US$83.50 – is […]
Pradipta Mukherjee
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Bitcoin News
‘Extreme fear’: Bitcoin continues bear run, while Solana is up
Bitcoin, the largest cryptocurrency by market capitalization, continues to tank along with other cryptocurrencies in the global market, with investor sentiment at “extreme fear” at Bitcoin’s Fear and Greed Index. See related article: Bitcoin leads market-wide downturn as Russia fears rise Fast facts Bitcoin is currently down by almost 2% to trade at US$39,185. Bitcoin’s […]
Pradipta Mukherjee
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Metaverse Events
Indian dating app attempts to start metaverse dating trend
Dating platform Mingout has introduced metaverse dating in India by organizing a virtual date for two of its users in a moon-based setting. See related article: Phillips to auction metahuman-made NFTs for Valentine’s Day Fast facts Metaverse or virtual dating is a nascent concept in India, and Mingout hopes to create a dating revolution and […]
Pradipta Mukherjee
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NFT Marketplaces
Indian media giant’s Fully Faltoo NFTs sell out in 48 hours
Indian media staple Viacom18’s Youth, Music and English Entertainment Cluster (YME) released 3,000 Fully Faltoo non-fungible tokens (NFTs) that sold out within 48 hours since launching, the company said in a press release on Wednesday. See related article: WazirX launches India’s first NFT marketplace Fast facts Fully Faltoo is a local award-winning sitcom program that […]
Pradipta Mukherjee
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Regulation
RBI is causing crypto hesitancy among Indian banks
India’s crypto tax plan was expected to bolster adoption, but the central bank’s hold on the banking sector puts a check on crypto-related services.
Pradipta Mukherjee
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Regulation
Pakistani central bank echoes RBI’s concerns over crypto
State Bank of Pakistan (SBP) governor Reza Baqir said in this year’s MASIC Annual Investment Forum that cryptocurrency risks far outweigh their benefits and threaten financial and monetary stability for developing countries. Fast facts The SBP recommended a ban on cryptocurrencies last month, with one of the nation’s largest banks quickly heeding the advice by […]
Pradipta Mukherjee
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Crypto Trading and Strategies
DBS Digital Exchange hits new high in trading value
DBS Digital Exchange (DDEx), one of Asia’s first bank-backed digital exchanges, recorded over SG$1.1 billion (US$818 million) in trading value in FY2021, the company said in a press release on Tuesday. Fast facts DDEx is currently a members-only exchange that provides corporate and institutional investors, accredited investors, and family offices that bank with DBS, access […]
Pradipta Mukherjee
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Regulation
India government, central bank in ‘complete harmony’ on crypto: FM
The Indian government and the Reserve Bank of India (RBI) are working in “complete harmony” and any decision on cryptocurrency will be made jointly, finance minister Nirmala Sitharaman said in a press conference on Monday. Fast facts Discussions on crypto have been ongoing between the government and the RBI — India’s central bank — even […]
Pradipta Mukherjee
