Crypto News Recap: Bitcoin Hits $50K for First Time Since May Crash albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
The cryptocurrency bill aim is to create an official digital currency issued by the Reserve Bank of India, and seeks to prohibit all private cryptocurrencies operating in the country
US-based Kraken, Hong Kong-based Bitfinex and rival KuCoin are actively scouting the market, which analysts say would only get bigger if it was given a free rein
Altcoins To Drive The Next Surge Post Crypto Market Crash, Says GlobalData Date
03/06/2021
All cryptocurrencies other than Bitcoins are known as altcoins. With the crypto market crashing recently and the prices of Bitcoins witnessing a heavy turbulence, investors are changing their assets from Bitcoins to altcoins as they are comparatively inexpensive, offer a significant growth potential and are paving the way for the next crypto revolution, says GlobalData, a leading data and analytics company.
While Bitcoin is the most mainstream accessible cryptocurrency that has attracted the maximum interest, investors have begun to explore other coins hoping to replicate Bitcoin s meteoric rise. Altcoins are scalable, affordable, provide efficient and cost-effective means to conduct transactions. Despite striking parallels, the great majority of altcoins offer unique services and functions.