A number of cryptocurrencies seem to be getting back on the profit track, after seeing a brief period of price correction. Bitcoin on Friday, March 22 stepped into the trading arena at the price point of $64,950 (roughly Rs. 54.13 lakh). Bitcoin did see a minor loss of 1.60 percent on Friday, but its value … Read more
The decline in global personal computer shipments slowed in the second quarter, with Apple outperforming the market with a 51 percent jump thanks to strong demand for its recently launched 15-inch MacBook Air, data from research firm Canalys showed. The report adds to early signs of a recovery in the industry, which has been banking … Read more
The last 24 hours brought reductions in the prices of majority cryptocurrencies as the crypto market took what experts are calling a ‘bearish turn’. Bitcoin on Tuesday, April 2 showed a loss of 1.24 percent. With this, the value of the asset receded to $66,102 (roughly Rs. 55.1 lakh). Market analysts had been calling $67,000 … Read more
Bitcoin’s price rose by 0.93 percent on Thursday ahead of the upcoming fourth Bitcoin halving process, raising the value of the currency to $66,615 (roughly Rs. 55.5 lakh), as per the crypto price tracker by Gadgets360. In the last 24 hours, the value of BTC rose by $468 (roughly Rs. 39,025). On international exchanges, meanwhile, … Read more
ChainML, a Web3-enabled AI platform, has secured a notable investment, handing a boost to the Web3 funding environment. The Silicon Valley-based AI and ML development and research firm’s latest investment round, Led by Hack VC, fetched $6.2 million (roughly Rs. 51 crore). The platform aims to decentralise access to artificial intelligence (AI). The latest investment … Read more
The Reserve Bank of Indi’s (RBI) eRupee or central bank digital currency (CBDC) is currently in an advanced trial phase with multiple national banks assisting the RBI in rolling out the digital currency. The usage of eRupee in the retail sector reportedly increased over the past year, according to data from the RBI. On the … Read more
India’s eRupee CBDC, that is presently in its advanced trial period, is reportedly facing decline in terms of its usage. Citing sources familiar with the matter, a Reuters report has claimed that CBDC transactions that had hit the mark of one million transactions per day in December 2023, has dropped to just around 100,000 daily … Read more
Bitcoin saw a strong recovery on Monday, after the currency hit a slump in market momentum last week owing to macro-economic conditions that imposed selling pressure on investors. At present, Bitcoin is trading at $62,796 (roughly Rs. 52.4 lakh) after seeing a price rise of 4.82 percent over the last 24 hours. The asset is … Read more
The Reserve Bank of India (RBI) released its latest report detailing the development and roadmap ahead for the digital finance industry. Among several innovations that the RBI praised in this report, the mention of the eRupee central bank digital currency (CBDC) did not go unnoticed. Built like crypto but regulated by the RBI, India’s eRupee … Read more
The crypto price chart reflected signs of volatility after the latest employment growth data in the US showed that the job market from March 2023 to March 2024 was not as robust as initially reported. Bitcoin on Thursday, August 22 showed a minor price hike of 2.21 percent. With this, the price of BTC on … Read more