Bitcoin, Ethereum have significant support; All eyes on India’s crypto bill

After a massive drop in bitcoin last week, from a new high of $69,000 earlier this month, it is now facing stiff resistance at $57,500 followed by $60,000. That said, BTC buyers have been quite active during this correction, which came after an unfavorable $3 billion option expiration on Friday. As long as there is … Read more

Cryptocurrency Prices Today: Binance Coin Climbs 4%; Solana, Polkadot down up to 5 percent

New Delhi: Cryptocurrency counters were mixed on Thursday amid a growing cautious mood towards banning private cryptocurrencies in India. However, many traders took this as an opportunity to buy at lower levels. In dollar terms, Binance Coin was the biggest gainer, gaining over 4 percent. Data from CoinMarketCap showed that Bitcoin climbed more than one … Read more

Cryptocurrency regulation: Government of India taking forward steps, says report

India is planning progressive and forward-looking measures on issues related to cryptocurrencies, a move that could be a departure from its earlier efforts to restrict the use of virtual coins, according to people familiar with the matter. Prime Minister Narendra Modi on Saturday led a review meeting on the digital currency, and it was decided … Read more