CryptoNews

India to Finalize Crypto Stance in Coming Months, Economic Affairs Secretary Says – Regulation Bitcoin News

September 12, 2023
India’s economic affairs secretary says the Indian government will decide on the country’s crypto position “in the coming months.” He explained that the government will consider all the recommendations presented at the G20 summit regarding crypto regulation “very carefully and decide our own policies and thereafter take further action.” Officials Discuss Indian Crypto…
Read more
CryptoNews

Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation – Learning - Insights Bitcoin News

September 12, 2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged as a crypto-based solution for the issue. Flatcoins and Their Proposal The problem of rising…
Read more
CryptoNews

Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop – Market Updates Bitcoin News

September 12, 2023
In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million or 0.9% in the past four weeks. The Coinshares data shows bitcoin (BTC) as the digital asset which had the…
Read more
CryptoNews

Bitcoin, Ethereum Technical Analysis: ETH Below $1,600 Ahead of Key US Economic Releases – Market Updates Bitcoin News

September 12, 2023
Ethereum has started the week below $1,600, as markets appeared to be awaiting the release of several key data points from the United States. After a quiet week, the coming days will see the latest inflation, retail sales, and consumer sentiment figures released. Bitcoin remained lower on Monday. Bitcoin Bitcoin started yet another week trading under the $26,000 level, as traders began to prepare…
Read more