Bitcoin Gathers Massive Support From Investors in India
Indian investors are jumping on the Bitcoin bandwagon and are looking for potential startups to invest in, understanding that the cryptocurrency may well become a norm in the future. Angel investors and VC-backed funds have been approaching lawyers, experts and start-ups ever since the Bitcoin India Alliance - an alliance of all the Bitcoin related companies in India - came into existence. Sasha Mirchandani, co-founder of Mumbai Angels said, "We are looking at a bitcoin start-up right now. So far, it seems extremely interesting and in two weeks' time we may confirm the investee." Sounding....
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Bitcoin has risen seven dollars since our last price piece. Presently, the coin is hovering around $618, and Bitcoin enthusiasts are likely feeling impressed right about now. More good news may be on the horizon, as Bitcoin activity in India has ramped up considerably. India the Source of Bitcoin’s Next Big Rally? Recently, funding records set by Indian bitcoin conglomerate UnoCoin launched the Asian country into digital superstardom. China may still be the dominant force behind bitcoin’s success in Asia, but India is certainly rising through the ranks, and now it appears things are on the....