Country’s largest private sector lender HDFC Bank has asked its customers to ignore its email communication that cautioned them against dealing in virtual currencies. In an email communication the bank said, “We wish to update you that in the light of the advisory issued by RBI…dated May 31, 2021, on ‘Customer Due Diligence for transactions…
When you are new to trading and you are reading different strategies for successful trading, you may often come across terms like social trading and copy trading. Often, you may see these two terms being used as interchangeable descriptions of the same form of trading. While it is true that the two terms share many…
With sound financial health, your business has a bright future. Without it, the chances are that your company will fail. That is a stark warning, admittedly, but it’s true to say that without effective financial management – be it recording data, analyzing the numbers, reporting, or forecasting – it is going to be very difficult…
Bitcoin slumped on Friday to its lowest this week, taking losses sparked by a growing crackdown in China and environmental concerns to almost 40% so far this month. The biggest cryptocurrency extended earlier losses, falling as much as 8.2% to $35,339 as it stayed pinned in this week’s relatively tight trading range. It was last…
Investing isn’t easy, but that doesn’t mean it’s impossible! You can always make excellent investments in the financial markets and watch your money grow. It all depends on your skill level, your level of knowledge about that specific market, and how diligent and consistent you are in learning about that market’s opportunities and risks….
A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that ‘mine’ cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an uncertain future. China’s central government vowed to clamp down on bitcoin mining and trading on Friday, causing some miners to halt all…
If you want to trade Bitcoin, now is the time to do it. This cryptocurrency has been around for a while, and it’s the most popular. However, you can’t just jump in without understanding it. The crypto market is highly volatile. What that means is it changes all the time. In one hour, it can…
After giving a massive jolt to the cryptocurrency fans, Tesla CEO Elon Musk has now come forward to help form a Bitcoin Mining Council that will promote energy usage transparency” and “accelerate sustainability initiatives worldwide.” Musk earlier announced not to use the popular cryptocurrency Bitcoin as a payment mode to buy its electric vehicles, citing…
Bitcoin rebounded from its roller-coaster weekend, with prices on track for the biggest gain in more than three months. The cryptocurrency was trading 12 per cent higher around $37,655 as of 10:58 am in New York. It climbed as high as $38,683. Digital currencies have been gripped by volatility in the past two weeks, with…
Cryptocurrencies fought back on Monday, clawing back ground after a bout of weekend selling fuelled by further signs of a gathering Chinese crackdown on the emerging sector. Bitcoin climbed as high as $37,391 after falling some 7.5% a day earlier, and was last up 5%. Second-largest cryptocurrency ether jumped more than 10% to as high…
