Bitcoin surges to $89,500, sets new market record
Fuelled by pro-crypto sentiment from leaders like Trump and corporate giants like MicroStrategy, Bitcoin ignites a bullish wave across digital assets and equities
digital currency
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Bitcoin price jumps 9.5% to $64,000; what's fuelling the rally?
Bitcoin records biggest single-day gain since October 2023; Ether follows with 1.87% surge
Bitcoin hits $57k level for first time since Nov 2021; Ethereum crosses $3,200
Bitcoin prices have risen 27% year-to-date, driven by spurt in activities in the spot bitcoin exchange traded funds (ETFs), which started in the U.S. in Jan 2024.
RBI launches CBDC: What’s digital rupee, how it works?
e₹-R is a digital token that has real value like rupee notes or coins. CBDC will make transactions and currency exchange smoother, and it’ll boost financial inclusion. An explainer.
7.3% Indians own crypto assets: UNCTAD
India ranks seventh on the UNCTAD list, below Russia, Ukraine, Singapore, Venezuela, Kenya and the US.
RBI’s Digital Currency Challenge
While regulators decry cryptocurrencies, they must win the race for central bank digital currency to become leaders in harnessing latest technologies.
Russia-Ukraine: Is India prepared for financial warfare?
Financial warfare is key to victory in modern warfare; it is imperative to assess how well India is prepared. After all, wars that strangle the economy can be lost without bloodshed
Budget 2022: Crypto income to be taxed at 30%, Digital Rupee launch in FY23
While industry welcomes the clarity on digital assets, including cryptos and NFTs, they fear the steep tax rate could be counter-productive.
In digital era, India refuses to let go of cash
Cash touches 14.5% of GDP, up from 10.7% pre-DeMo. Use of mobile payments is rising, but only within the Tier-I cities.
Stopping the ‘wear and tear’ on the Indian rupee
Why eRUPI and an easy digital money transfer scheme with Singapore is showing us how far fintech can go, and what it can achieve in India.
