Rumors Busted! Finance Minister Tells Parliament, Bitcoin Not Banned in India!

Union minister Anurag Singh Thakur, told the upper house of Indian parliament, Holding or trading cryptocurrencies like bitcoin is not banned in India.

The Minister of State to Ministry of Finance said, issues and concerns relating to Crypto currency is still under radar and investigation of a government-appointed inter ministerial committee.

 

He stressed that the Reserve Bank of India and the Ministry of Finance had issued a string of circulars and notices regarding the use of bitcoin and other similar coins.

As of now it’s cleared that Bitcoin is not banned in India! only a final report from the committee could shed more light on the final status of such nascent asset class.

Presently, there is no separate law for dealing with issues relating to cryptocurrencies,” wrore Thakur in his response. “Hence, all concerned Departments and law enforcement agencies, such as RBI, Enforcement Directorate and Income Tax authorities, etc. take action as per the relevant existing laws.”

Thakur went on stating “It is difficult to state a specific timeline to come up with clear recommendations. The Inter-Ministerial Committee (IMC) under the Chairmanship of Secretary, Department of Economic Affairs is examining all issues, including the pros and cons of the introduction of an official digital currency in India. No decision on licensing and authorising any entity or company to operate such schemes or deal with Bitcoins or any virtual currency has been made as yet.”

Bitcoin To Play Major Role in 2020 US Election!

Bitcoin price saw a gain after the comment of Donald Trump as bitcoin traders and investors bet that Trump’s acknowledgment of bitcoin will bring greater awareness of crypto and could push prices up.

 

In the crypto world, they took Trump’s tweets as an endorsement of bitcoin and the underlying blockchain technology.

Achievement unlocked! I dreamt about a sitting U.S. president needing to respond to growing cryptocurrency usage years ago,” Coinbase chief executive Brian Armstrong tweeted. “‘First they ignore you, then they laugh at you, then they fight you, then you win.’ We just made it to step three y’all.

Mati Greenspan, senior market analyst at eToro wrote in a note to clients, “Even though Donald says he’s not a fan of bitcoin, the fact that he’s mentioning it at all is hugely bullish for the entire crypto market.”

Andrew Yang, has previously praised bitcoin’s underlying technology, saying: “The blockchain has a wealth of potential. [It] could make many things more secure transparent and efficient.”

Now Trump has made bitcoin a valid issue, there’s nothing stopping these and others in the race to the White House making bitcoin and crypto a bigger part of their campaigns.

First Ever Browser For IOS With Web 3 Support And Crypto Wallet Launched By Opera.

Starting today The blockchain ready Opera Touch browser for iOS is available for download. This follows Opera’s addition of Crypto Wallet support on Android and PC, that means Opera is now Web 3 ready across all major platforms.

“I am happy to let you know that the award-winning Opera Touch browser for iOS now features crypto wallet integration and Web 3 support. This completes our efforts to offer Web 3-ready browsers with built-in Crypto Wallet on Android, Windows, Mac, Linux and now iOS. Opera Touch for iOS lets you seamlessly interact with the next generation of Web 3 applications on the Ethereum blockchain.”

Opera has won couple of awards the Red Dot Design Award and Gold IF Design Award. Opera Touch is an innovative web browser which is used by millions.

Opera supports all ERC-20 tokens, stablecoins and non-fungible tokens (NFT). Ethereum is a popular and quickly growing protocol that allows people to make transactions and enables developers to create decentralized apps (dApps) which provide practical use for this technology.

Opera Touch for iOS with Crypto Wallet, like the Opera browser for Android, supports the Ethereum Web3 API, making interacting with dApps seamless, without the need for browser extensions.

The top 10 Hot Crypto News Updated Daily for you to know the Market Situations.

1. TRON announces collaboration with Japanese government to maintain regulation standards.

2. Coinbase declares XRP most suited cryptocurrency to send money internationally.

3. China Adoption Blossoms as the Largest Shipping Conglomerate Is About to Implement Blockchain for Its Supply Chain.

4. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

5. Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1.

6. Pakistani Government Set to Introduce Regulations for Cryptocurrencies.

7. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

8. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

9. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

10. With Litecoin Halving On the Horizon, Hash Rate Nears All-Time High.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Crypto Exchanges are the New Enemy.

We’re not in a bull market now yet what we are in right now is a bull trend the ugly side of where we are at and where we are heading the scams are going to come back. the market gets the more creative and it’s not just coins it’s not just projects exchanges.

 

Who protects you or who is supposed to? what if they are decentralized? there’s no CEO or CFO who is going to protect you? is it the CFTC what they call Bitcoin a commodity and they say that they are supposed to regulate it but what are they actually regulating? The US Department of Justice is actually probed in two different projects but what have they actually done?

 

When it comes to cryptocurrency here’s something that’s really serious issue, the fact that that coins have been taken into wallets that you’re not controlling they’ve been sold on exchanges that’s your money being taken from you and there’s like what’s consequent to base the signal for that they have sanctuary this is that. you can’t depend on any regulators or any entities to protect and the problem will get worse.

 

So what can we do about it? Something peculiar about this situation, the investors who need protection there’s actually really good cryptocurrency projects who fall victim to it these exchange hacks who fall victim and the value of the cryptocurrencies get crushed so you actually have a really good project who suffers because of a hack and then there and then what happens is the community feels the coin is dumping which is a scam coin we see stuff like that all the time there’s not a lot of how can you say this you cannot do in the space of cryptocurrency without receiving some sort of a dramatic reaction and the drama goes both ways I mean we move up 5% all of a sudden people see it as trash.

 

What cryptocurrency does is that being said though everyone is getting excited and projects are getting so are the scammers so are the hustlers so are the people who want to steal your money everything comes with good and it comes with bad and we’re already seeing it happen.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

The top 10 Hot Crypto News Updated Daily for you to know the Market Situations.

1. TRON announces collaboration with Japanese government to maintain regulation standards.

2. Coinbase declares XRP most suited cryptocurrency to send money internationally.

3. China Adoption Blossoms as the Largest Shipping Conglomerate Is About to Implement Blockchain for Its Supply Chain.

4. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

5. Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 1.

6. Pakistani Government Set to Introduce Regulations for Cryptocurrencies.

7. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

8. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

9. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

10. With Litecoin Halving On the Horizon, Hash Rate Nears All-Time High.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Why Bitcoin JUMPED!

It is Finally happening, Bitcoin debt the price of all seems to indicate flat lining vertically got it now the bull is a conspiratorial animal and things like this are never of a natural occurrence ever neither up nor down it’s always some tether manipulation of some sort today it is most definitely because of the bad Briggs.

The government once again failed to reach consensus, after it went through resistance bang. The three key resistance levels were smashed 42 44 45 and not just for Bitcoin but Etherium over a $150 again, XRP isn’t on much difference, 450 litecoin well over $60, Finance coin is 19 bucks and Tether is a penny over a dollar, about Cardno it is almost 8, these peaks almost confuse sellers where they should put their sell orders.

Shorter’s of Bitcoin that bet the wrong way $400 million dollars lost getting liquidated in the last six hours, taking a look at what happened within 30 minutes Bitcoin jumped almost 20% to hit resistance at differing price levels. Now it depends on what exchange you saw sometimes you would have seen Bitcoin heading over 5k but generally the Aggregate a price that Bitcoin hit resistance at was for 800 for 830 someone for 850.

Many of us would like to have seen the old resistance lines be the resistance again which would learn about $6,000 sadly that’s not been the case however the good news is that this is pointing to a very positive and recent trend which is Bitcoin posting higher highs and higher lows where will it go now? to be honest no one is quite sure.

The idea of buying crypto at a peak being the point of maximum financial risk has proven to be far less true than it has been in a very long time, you don’t want to buy in if it’s a silly jump in price but so far it’s been a great idea you think you’re buying the top but nope that’s not always the case.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Read the Daily 10 Hot Crypto News to Stay Updated with the Market.

1. Pakistani Government Set to Introduce Regulations for Cryptocurrencies.

2. TRON announces collaboration with Japanese government to maintain regulation standards.

3. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

4. Ripple (XRP) In a 4 Cents Range Since Dec, When Will Bulls Break Out?

5. Coin-check Launches OTC Crypto Trading for Institutions.

6. Understanding the impact of the Bitcoin halving and what it means for the market cycle.

7. Bitcoin Awaking from Bear Slumber, For the First Time Since 2017.

8. It’s Already Too Late for India, even if its Legalizes Bitcoin Exchanges.

9. Coinbase CEO Prepares AMA, Calls Massive Requests from DigiByte (DGB) Scam.

10. Bitcoin [BTC] is mined with electricity that has no use, says eToro’s Senior Market Analyst.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Cryptocurrency Market Update

Lyft IPO at $72 valuing the company at $24 billion dollars. the way the capital is forming is changing public and private markets. a lot of companies are staying private for longer and that STO space is going to hopefully break down these barriers to entry because often it’s the rich getting richer. it’s all these VCS that get to get in these deals early and by the time these companies hit the stock market they’re just ridiculous valuations particularly in the tech space.

Apple after selling iPhone’s and iPad’s move into another industry that’s highly profitable that is finance and banking now they’ve partnered with Goldman Sachs and MasterCard. This new card is going to track every purchase you make in GPS.

The International Monetary Fund and the BIS coming out an warning that emerging markets are going to be crushed in the next financial crisis just like consumers they’re under way too much debt a lot that’s denominated in U.S. dollars they’re not going to be able to pay that off and they come out and say that they the IMF don’t have sufficient lending capacity to respond so each crisis has kind of got bigger and further up the food chain and went to the point where all the central banks are going to be have to be bailed out in the next downturn.

funfair have launched the first license title so Alice Cooper school’s out for summer this is their first blockchain game first licensed they have got the goods assist now all about on boarding users and that funfair tokens going to have a lot of utility if this starts to take off.

Japan’s largest railway company considers new crypto payment system for transport cards and this was tweeted out by Kwan stamp that got people really excited and also which has directly nothing to do with Quan Stamp they do have a strong Japanese presence and obviously a lot of pool in the Japanese crypto community but either way good to see more adoption of these sort of payment systems and we’re seeing all sorts of varieties.

If you’re a Ripple holder, Indian Bank partners with ripple net to facilitate cross-border payments whether or not this is using the XRP token that remains to be seen and that’s still that number one thing. About Pro projects they’re going to come back into fashion this new because they’ve been so busy building and you can now use queue to them anywhere by using Apple pay and Samsung pay.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com

Read the Daily 10 Hot Crypto News to Stay Updated with the Market.

1. Nipsey Hussle Fatal Shooting Is a Blow to Rap Music and to Bitcoin.

2. Bitcoin Price Posts Biggest Quarterly Gain Since Late 2017.

3. Di Maio Bets on the Blockchain, Says Italy Must Allow Innovation to Proliferate.

4. The US SEC Is Hiring a ‘Crypto Specialist’ Legal Advisor.

5. A Brief Guide on how to Create Lightning Network Invoices.

6. Bitcoin Hits 5-Week High as SEC Postpones ETF.

7. Bitcoin Cash, Litecoin Futures Volumes Top $150 Million at Kraken Exchange.

8. Ripple XRP Price Prediction for April: Can It Rise by 26% To Hit the Target of $0.40?

9. Privacy Service for XMR-Enabled Bitcoin Transfers Removes Support for US Residents.

10. This New Android Malware Targets 32 Crypto and 100 Bank Apps – Here’s How Not to Get Hacked.

Click here to join our Free Bitmex BOT & Crypto Signal Community

Click here to go back to our Bitmex-Bot Website

Wish you all the best, 
www.bitmex-bot.com