Bitcoin Price Prone to Coming US-China Trade War, Legal Problems: Indian Astrologist
While there are suggestions that the Bitcoin price could soar, the site which claims to be the “Numero Uno astrology website in India” has predicted that Bitcoin will be prone to a lot of controversies in the last quarter of this year which could lead to major fluctuation in its price. GaneshaSpeaks.com, which says it streamlines a scattered and directionless astrology market, states in its prediction that the chances are high that the people may start losing faith in the digital currency as a result of the issues that will come up due to some planetary influences. Kaal-Sarpa Dosha. It....
Related News
One of India’s leading private banks with 5,608 branches and 16,087 ATMs, HDFC Bank, has published a report stating that “it is just a matter of time before Indian investors have legal access to crypto plays.” This statement came as the bank scrutinizes crypto transactions in customer accounts. HDFC Bank Predicts Legal Acess to Crypto in India HDFC Bank, a leading private bank in India, published a Treasury Research report last week detailing its view on cryptocurrency. HDFC Bank currently has 5,608 branches and 16,087 ATMs across India. The bank was among the first to....
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether.
Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It
Indian crypto legislation is drawing near. The Indian government has listed a cryptocurrency bill to be taken up in Lok Sabha, the lower house of India’s parliament, for the winter session which starts on Monday, Nov. 29.
The bill....
A number of Indian Bitcoin companies have come together to form the Digital Asset and Blockchain Foundation of India (DABFI). Bitcoin has been remarkably gaining ground in India after the botched up demonetization carried out by the Indian government in November 2016. According to the Times of India, Nishith Desai Associates, an international law firm has been hired to develop “self-regulations” for the industry. No clear regulatory framework in place. The new for self-regulation for the industry arises primarily because there is still no clarity on the legal status of Bitcoin in India. As....
Our London сorrespondent Nick Ayton reports from the city of London where the mood is tense and the financial world is in a state of anxiety, looking west to the US and east to China. Will we see China try to sneak another devaluation under the radar on Friday, Jan. 20 when the 45th US president, who sees things differently from others, takes over? US-China trade war coming. The battle for manufacturing supremacy is about to begin as the US and China go head to head as each looks to fuel demand and inject more growth into their respective economies. Will the US currency be the next one to....
Coinsecure, one of the Indian Bitcoin companies now allows the international community to trade on Indian cryptocurrency market. India has recently been in the news for all the wrong reasons. The government’s move to demonetize bank notes of larger denominations viz., INR 1000 and INR 500 has created a cash crunch in the economy, renewing interest among the countrymen in Bitcoin. Since the news of demonetization was announced, the Indian “Big Four” Bitcoin companies — BTCX India, Coinsecure, Unocoin and ZebPay have been fielding hundreds of inquiries about the digital currency. The Indian....