Crypto traders use P2P, even as NBC reiterates its anti-crypto stance khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
In a media conference, Fed Chair Jerome Powell flatly stated a cut as early as March seemed unlikely, but also conceded that everyone on the committee was looking to ease this year.
The hashtag "#ReduceCryptoTax" is trending on social media, as Indian crypto advocates try to argue for fairer regulation of the digital asset space in India.
Major crypto tokens traded higher as the market cap surged. The upcoming Fed policy decision and US unemployment rate data may impact market sentiments. Declining GBTC sales, surging US stock markets, and Google s Bitcoin ETF ad support are positive factors. Bitcoin dominance is at 51.15% with a market cap of $850 billion. BTC volume surged 42% to $22.4 billion. Analysts expect Bitcoin to continue its uptrend towards $45,000.
What started out as a crypto freeze is showing signs of thaw. But can volumes regain levels they once saw? And can platforms like Binance make a comeback in India? ET decodes the latest developments and what they mean for the Indian market.