A country’s budget is one of the most important factors in deciding its upcoming growth and taxation. For India, the Union Budget for 2024 is scheduled to be announced on February 1st. However, besides the annual financial statement, the most important part of a budget lies in its audio, i.e. The Speech. What is the […]
India Budget 2024: A Comprehensive Guide To Complex Financial Terms
As India eagerly awaits the Union Budget 2024, set to be presented on February 1 by Finance Minister Nirmala Sitharaman, the complex jargon associated with the budgeting process can be daunting. So, as the annual ritual of deciphering the Union Budget is approaching, some financial market enthusiasts might get concerned about the whirlwind of unfamiliar […]
Crypto Price Prediction For Jan 21: Ethereum (ETH), Solana (SOL), Luna Classic (LUNC)
Crypto Price Prediction: The cryptocurrency market is experiencing relative stability during the weekend, following a bearish trend earlier in the week. This downturn saw Bitcoin, the largest cryptocurrency, fall from a high of $49,000 to $40,300, marking a 17.85% loss. This selling pressure is largely attributed to Grayscale beginning to sell its Bitcoin holdings in […]
Crypto Headlines of the Week: Bitcoin ETFs Advance, Binance & Terra Propel Speculations
In a noteworthy gust of developments, the crypto realm appears to be marking a tempest of strides as this week ends. With the recent inception of spot Bitcoin ETFs within the broader crypto market, market sentiments appear to be taking an exciting turn. Whereas, Binance, a crypto exchange prominency, issued several substantial notices for its […]
Bitcoin’s Maintains Lukewarm Performance Amid S&P 500 Record High
In the current financial climate, experts have noted that the Federal Open Market Committee (FOMC) is expected to maintain steady interest rates. The meeting is scheduled for January 30 and 31. The Fed is reportedly maintaining the status quo due to recent economic data that has been better than expected. Bloomberg analysts note that the […]
PulseChain’s TVL Doubles in 7 Days; What is Up With the Ethereum Fork?
PulseChain, an Ethereum fork, has surpassed the Total Value Locked (TVL) of $403 million. The growth has positioned it as the 11th largest in terms of TVL, according to DefiLlama. PulseChain houses 34 protocols and has seen a TVL increase of 110% over the past week. Source: DefiLlama PulseX is the largest protocol on PulseChain. It […]
Dogecoin Rises 9%: Is X’s Dedicated Payment Page Fueling the Surge?
Dogecoin (DOGE), the cryptocurrency often promoted by tech mogul Elon Musk, has witnessed a significant 9% surge in value. This increase coincides with the announcement of a new “Payments” account by Musk’s company X, sparking discussions in the financial and cryptocurrency communities about the potential influence of this development on Dogecoin’s recent performance. Dogecoin’s Price […]
Cardano (ADA) Whale Transactions Soars 11%, Is ADA Pump Ahead?
In a shocking twist, Cardano (ADA) has joined the few altcoins in the top 10 of assets by market capitalization leading the charge in terms of bullish price surge. Cardano price and on-chain outlook Cardano price is currently changing hands for $0.5143, up by 3.6% in the past 24 hours. This growth, though mild, far […]
Bitcoin Hash-Rate Hits an All-Time High, Is a Rally Impending?
The Bitcoin network has recorded an all-time high hash rate exceeding 500 exahashes per second. This growth signals a robust increase in the computational power securing the blockchain. Essentially, the hash rate measures the processing power committed to Bitcoin’s network, indicating the number of complex calculations the system can perform per second. Significance of the […]
GBTC’s $2.2B Outflow Triggers Bearish Sentiment In BTC, ETH Options
The broader digital currency ecosystem remains on edge as market bulls fight to prop up Bitcoin (BTC) and Ethereum (ETH) prices amid Grayscale’s $2.2 billion GBTC outflows and conflicting Options data. Is Bitcoin (BTC) and Ethereum (ETH) Bottom In? At the time of writing, the duo of Bitcoin and Ethereum brandishes slightly conflicting price outlooks […]