In a significant move for the Indian corporate sector, Jetking Infotrain has become the first publicly traded company in the country to adopt Bitcoin (BTC) as a reserve asset. This groundbreaking decision came to light on December 9, when CEO Avinash Bharwani announced the firm’s acquisition of 12 BTC, currently valued at approximately $1.2 million.
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Ripple CEO Brad Garlinghouse has announced a significant milestone for the company: the approval from the New York State Department of Financial Services (NYDFS) to roll out its new stablecoin, known as Ripple USD (RLUSD). This news, shared via social media on December 11, signifies Ripple’s continued commitment to expanding its presence in the cryptocurrency
Coinbase, one of the leading cryptocurrency exchange platforms, is making significant strides in broadening the scope of digital asset adoption, particularly amongst institutional investors. Their latest initiative, Project Diamond, aims to cater to the needs of institutional users outside the United States, reflecting a growing trend of institutional interest in the cryptocurrency sector. The project
In a significant move to fortify its corporate banking capabilities, Singapore-based cryptocurrency exchange Crypto.com has teamed up with Deutsche Bank, a global leader in financial services. This partnership, unveiled on December 10, signifies a pivotal moment in Crypto.com’s ambitious global expansion strategy, accentuating the company’s intent to refine its financial operations in crucial markets, including
Aayush Jindal has carved a niche for himself as a preeminent authority in the complex realms of Forex and cryptocurrency trading. With a career spanning over 15 successful years, Aayush’s rise in the financial world comes not merely from his tactical trading prowess, but also from his ability to demystify the intricate dynamics that govern
Bitcoin has recently reached an important psychological milestone by surpassing the $100,000 mark, a feat that garnered considerable attention in the cryptocurrency space. However, shortly after this rally, Bitcoin faced a significant price correction, retracting to around $94,000. This scenario raises questions about the sustainability of its growth and whether the abrupt drop might signify
Ethereum (ETH) has recently demonstrated notable upward momentum, rising steadily from a support zone around $3,650. The market sentiment seems to favor bullish developments as ETH currently trades above the significant threshold of $3,770, which includes the crucial 100-hourly Simple Moving Average (SMA). This positive trend suggests that Ethereum has been able to withstand lower
In a recent announcement, Circle has emerged as a trailblazer in the stablecoin sector by complying with Canada’s newly implemented digital asset regulations. Their USD Coin (USDC) is now the first major dollar-backed stablecoin to meet the standards set forth by the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA). This compliance signifies
Bitcoin has achieved a significant milestone, surpassing the $100,000 mark for the first time in its history. This price surge has ignited enthusiasm among both seasoned investors and newcomers to the cryptocurrency market. However, as with any explosive growth in asset values, skepticism is rife, especially amongst analysts who warn of possible market corrections. In
Aayush Jindal has emerged as an influential figure in the complex world of financial trading, boasting more than 15 years of distinguished experience across Forex and cryptocurrency markets. With a reputation built on delivering insightful technical analysis, he serves as a much-sought-after advisor and senior market expert, offering guidance to investors traversing the often erratic