The global cryptocurrency market cap is at $4.02T, with Bitcoin trading at $114,681, down 3.10%. Major cryptocurrencies are mostly lower, while BIO, API3, and TST show gains of 17%, 9%, and 7%, respectively.
Cryptocurrency in India
It’s not just Bitcoin: Altcoin XRP’s price is also rising. Here’s a possible reason why
Earlier today, Bitcoin hit an all-time high of over $118,000 per token, giving many crypto investors hope that the digital coin king may soon surpass the psychologically important barrier of $120,000.
Bitcoin in 2025: Risk or opportunity for the loyal investors?
The halving event, the US Presidential Election and multiple Fed rate cuts highlighted Bitcoin’s bullish momentum in 2024. However, the price action in 2025 offers to be more proactive, especially considering the recent momentum.
Bitcoin Near Approaches $80,000
Bitcoin has surged to a record high of nearly $80,000 due to US President-elect Donald Trump support of digital assets and the possibility of pro-crypto lawmakers in Congress.
Crypto Is Like a ‘Ponzi’ Scheme, India’s Central Bank Warns
In a strong warning to Prime Minister Narendra Modi’s government, a top official at India’s central bank reiterated concerns over cryptocurrency trading, likening the virtual coins to Ponzi schemes.
India Complete Ban on Investment in Cryptocurrencies
The prospect of a fresh ban on cryptocurrencies in India has sent an army of crypto investors scrambling to think of ways to protect or liquidate their holdings. This, as the government appears to be in final stages of bringing in a new legislation governing Bitcoin and other such tokens in India. Is investing in Bitcoin illegal in India?