Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase

Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill that may soon be introduced in parliament. INR Deposits and Trading … Read more

Bitcoin Price Analysis: BTC Springing to New Highs

The Bitcoin seems to never get tired of renewing highs. On Tuesday, February 9th, the flagship cryptocurrency is trading at 47,137 USD. The D1 of BTC/USD has not changed much lately, so the pair keep growing. The aim of the ascending impulse might be 51,000 USD. The MACD histogram is positive, rising steadily, increasing the … Read more

Beijing’s $1.5 Million Digital Yuan Giveaway: China to Airdrop Digital Currency for Chinese New Year

China is giving away 10 million yuan in its central bank digital currency in Beijing. Recipients can spend the digital yuan during the Chinese New Year festival. Beijing has become the third major city in China to test the central bank digital currency. 50,000 People to Receive Free Digital Yuan China is actively testing its … Read more