President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded. The move comes as administration officials have raised concerns in recent weeks about Russia’s use of cryptocurrency to evade the impact of crushing sanctions in response to its…
Are you looking to buy your first home? Are you unsure whether or not you can get approved for a home loan? Buying a house is a big purchase and when comparing the amount of money needed to buy the house with the amount of money we can make in our careers, it is clearly…
Monero (XMR) is one of the biggest privacy coins in the cryptocurrency market today. This decentralized digital coin was launched in 2014, and it’s primarily designed for privacy and anonymity. The coin addresses what some of its proponents see as issues in Bitcoin, the first cryptocurrency launched around 5 years before Monero. In particular, XMR…
Gold is treasured in every Indian household as an asset and an auspicious symbol of prosperity. There is hardly any celebration where gold is not coveted, but its significance is felt most in times of a financial crisis. Thus, gold is a reserve shield that appreciates and saves the day in unforeseen financial setbacks. And…
Some of the world’s biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision that experts say weakens Western attempts to isolate Moscow following the invasion of Ukraine. Western sanctions, which aim to squeeze Russia’s economy and sever it from the global financial system, have forced companies and financial…
With five of his paintings going under the hammer on an NFT marketplace on Friday, leading contemporary painter Paresh Maity becomes the new artist dipping his toe into the world of metaverse. Of the five assets, three will be physical paintings along with its non-fungible tokens (NFTs), and the remaining two will just be online…
Applying for a car loan eases the process of buying your dream car. Some people may look at the monthly payment of a car loan and overlook the total cost of financing, which disturbs their finances. Some come with high interest rates for a short duration of time, while there are other car loans…
Bitcoin kept advancing on Tuesday, briefly trading above $44,000 for the first time since Feb. 17 amid mounting signs that the war in Ukraine is bolstering demand for cryptocurrencies. The largest cryptocurrency rose as much as 6% to $44,183 and traded at $43,400 at 12:54 p.m. in Hong Kong, gaining along with other major digital…
Satish Kumbhani, founder of cryptocurrency platform BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely “relocated from India to an unknown location” abroad. A federal grand jury in San Diego last week indicted Kumbhani with orchestrating a global Ponzi scheme. BitConnect is an alleged fraudulent cryptocurrency…
Nearly 20 per cent of Indian ultra high-net worth-individuals (UHNWIs) invested in crypto assets last year amid rising popularity of cryptocurrencies and NFTs, according to a Knight Frank report. UHNWIs are those who have net worth of USD 30 million (about Rs 226 crore) or more. In its Wealth Report released on Tuesday, Knight Frank…
