UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets. Swiss multinational investment banking giant, UBS, has warned its clients that crypto assets cbe unsuitable for professional investors if regulatory pressure continues. In a note sent to clients last week, the global wealth management team at UBS said China’s […]

The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers. Coinbase Has ‘Ambitious Plans’ for Its Indian Crypto Hub Coinbase published a blog post on Friday, authored […]

Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life. New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York. On a daily basis, the Greenidge plant is permitted […]

It’s not just possible, but very plausible as well. Continue reading on The Capital »

The most commonly used type of cryptocurrencies. Since the invention of stablecoins, cryptocurrencies have enjoyed considerable attention and alternative liquidity alongside more investment opportunities. In this section, we’ll explore what stablecoins are and how they affect the life of regular individuals. What is stablecoin? Stablecoins are cryptocurrencies that are pegged to a specific asset. In […]

2012 Bitcoin vs 2021 Bitcoin. Continue reading on The Capital »

Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto.” UBS’ Crypto Advice and Warning The global wealth management team at UBS warned in a note published last week […]

Staking is a part of the PoS consensus mechanism used in PoS based blockchains. It implies locking funds into a pool or a wallet to aid a blockchain network to achieve consensus, thus, rewarding the participants for their staked assets. The stakeholder essentially becomes a node or a master node by staking some funds mandated […]

MADE IN CANVA India has come a long way after only recently accepting cryptocurrencies to developing a Crypto policy. Even Crypto Exchanges in India who have faced difficult times, to say the least, have come out on top after undergoing grueling regulations. India may double down on taxing crypto services! India might be looking into imposing […]

Yet Another Week of Crypto Market Consolidation — Analysis, 5 July The crypto market has recorded another week of consolidation. Recently, most of the major cryptocurrencies have been trading in a very narrow range, struggling to find direction. For example, Bitcoin has been fluctuating between $30,000 and $38,000 for almost 5 weeks now. It is clear that sooner […]