Cosmos Gains Traction in India Amid Broader Crypto Resurgence

Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process. Cosmos (ATOM) Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, despite falling by double digits to start the weekend. Today’s fall in ATOM/USD comes as prices failed to maintain a one-month high during yesterday’s session, as its resistance level held firm. Following a failed breakout of this ceiling, which was at....

Cosmos (ATOM) and harmony (ONE) were some of today’s big gainers, as the global crypto market cap was up 1.23% to start the weekend. Terra (LUNA) was also higher, extending its recent gains to a sixth consecutive trading session. Cosmos (ATOM) Cosmos (ATOM) is currently trading over 13% higher in today’s session, climbing to its highest level since February 17. Saturday’s rally in ATOM/USD saw prices briefly breakout of the $29.10 resistance level, hitting an intraday high of $29.36 in the process. This surge comes as the 14-day RSI....

Blockchain development firm Adoriasoft has released a new SDK that will give Cosmos chains superpowers. Its Cosmos SDK Parachain Development Kit will enable any Cosmos chain to be deployed on Polkadot, opening up Cosmos projects to the Substrate ecosystem of interoperable networks. The ramifications of this move are significant, with the potential to suck Cosmos […]

Bitcoin and cryptocurrencies are once again a hot topic, being discussed across the broader financial space the most since Facebook’s Libra cryptocurrency was first announced. On the heels of the recent resurgence in the crypto market, rumors suggest that Facebook could be ready to launch Libra as early as January 2021. What sort of impact would its launch have amidst the recent Bitcoin resurgence and any upcoming altcoin season? Will Bitcoin Benefit Again From Facebook’s […]

The Indian Government now wants to levy additional taxes on crypto by extending it to gains made from Decentralised Finance (DeFi). After the introduction of the 30% tax and 1% tax deducted at source (TDS), the tax department of India shall scrutinise interests earned on cryptocurrencies from platforms outside of India. The government wishes to […]