Trending / Breaking News

Trending / Breaking News

Tough time for Indian Crypto Exchanges Amidst Stringent Indian Regulations

The cryptocurrency market in India witnessed a remarkable period of flourishing growth. Indian cryptocurrency exchanges experienced a surge in trading volumes and user engagement, showcasing the increasing interest and adoption of digital assets among the Indian population. However, this flourishing phase was accompanied by regulatory challenges, including taxation issues, which eventually led to a significant slowdown in trading volumes and a more cautious approach among traders and investors.

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Trending / Breaking News

This Big Firm Anticipates Predicts Bitcoin to cross $148,000 Following 2024 Halving

In a recently published “Blockchain Letter” addressed to investors on August 22, renowned venture capital firm Pantera Capital, led by Dan Morehead, has offered a striking prediction that Bitcoin’s price could reach an impressive $147,843 per coin in the aftermath of the 2024 halving event. The firm employed the stock-to-flow (S2F) ratio as a model to assess and foresee potential price trends post each halving occurrence.

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Trending / Breaking News

Tom Lee predicts Bitcoin price to surpass $150,000

Financial expert Tom Lee predicts Bitcoin (BTC) could surpass $150,000 if a US Bitcoin spot ETF gains approval. Despite ETF uncertainty, Lee anticipates Bitcoin’s price rise due to the 2024 Bitcoin Halving event, possibly reaching $100,000. Notably, Fidelity Digital Assets holds BTC custody for Europe’s first spot Bitcoin ETF, listed as BCOIN on Euronext Amsterdam, trading at $19.89 currently. Bitcoin’s potential price jump could impact altcoins, triggering increased interest and momentum across the cryptocurrency market.

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Altcoins & EcosystemsTrending / Breaking News

SEI token to launch on Binance, Bitfinex, and Other Exchanges

The cryptocurrency community is abuzz with excitement as the SEI cryptocurrency, native to the Sei Network, prepares for a groundbreaking launch on major exchanges. This pivotal moment marks a significant stride not only for Sei Network but also for the broader crypto landscape. SEI’s entry onto the trading scene signifies an innovative approach, poised to introduce a fresh perspective to the world of digital assets.

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