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Posts published in “Investment”

Koinfox Crypto Trading Platform Raises Seed Funding from Amesten Assets and CEO Sachin Jain

New funding from a Hedge fund and fund manager will help Koinfox build products in pipeline to serve Crypto Businesses. Crypto trading platform Koinfox has announced a new injection of funding from Crypto hedge fund Amesten Asset and its co-founder and CEO Sachin Jain, aiming to provide a strategic growth in building new products and serving large Crypto Businesses. Koinfox is the first investment by the hedge fund, Jain however…

What can we learn about ownership custody of money from the PMC bank case!

There are many types of money and many ways to store that money. Whether you really own and control that money you see on the screen when you check your bank balance is a completely different thing. For fiat currency or for crypto, understanding the concept of custody and ownership of money is crucial to safeguard your wealth – be it Rupees, Gold, Dollars or Bitcoin. Fiat money is considered…

A Critical look at WazirX’s Smart Token Fund (STF)

I spent a few hours explaining WazirX’s STF to some disgruntled users who called it a scam and were banned by WazirX’s CEO Nischal Shetty on social media channels. But as it always is, I gave up explaining it to them because there was no winning in that argument. I blame it on Confirmation Bias. “Confirmation bias is the tendency to give more weight to evidence that confirms our beliefs…

Earn Interest on Crypto Holdings: Comparing Bitbns, CoinDCX & Nuo for Lending Digital Assets

Such is the nature of Crypto markets that it is green a minute and another, it is bleeding red. However, there are always some who are unfazed by the ups and downs in the market and are holding onto some of their favourite Crypto assets. I also hold small quantities of many crypto assets. I realised that much like keeping money in banks, I could lend my crypto holdings to…

July 5 is Coming – What are your Options for Indian Crypto Traders?

Many people have been asking this question everyday. What are we going to do after July 5th? For those who haven’t realised yet, July 5, is the day when banks are supposed to terminate their relationship with all entities that deal/trade in crypto. This means, the bank accounts of cryptocurrency exchanges will be closed. The accounts of the individuals found to be trading in cryptocurrency will also be closed. Most importantly,…

The Strategies People use to Win Trading competitions

Time and again, Coin Crunch India has been critical of cryptocurrency trading competitions in India. But they are becoming more and more popular. There are so many of them it is hard to keep track. But no matter how big these competitions get, your participation may end up in you losing more money than you can win. I am not saying you cannot win in such competitions. I have won…

Death Cross, FUD, Cartel – Why is Bitcoin Falling?

If I was doing a Youtube video, I’d be sitting here with a sad face looking at the camera and saying “Hey there, let’s talk about how much my portfolio is down”. But I have to keep my emotions in check before writing an article. A big disclaimer to share today is that none of what you read here should be taken as a Financial advise. Crypto is risky so…

After a successful ICO, Company to Distribute Shares to Participants

In an industry first move, Lympo, the sports and wellness company is giving away company shares to their token holders. Lympo closed a successful ICO at the end of February and the ERC20 LYM tokens are available on a few international exchanges. LYM is one of the few tokens that has managed to remain at a price above the ICO price which was 1 ETH = 40000 LYM tokens.  In a…

Six Counter Arguments to Economic Times for Their Article – You have more reasons to stay away from bitcoins

9 Hours ago Economic times did it again. They published yet another article on why you should stay away from Bitcoins. Every day the fight against these Cryptocurrency-hating mainstream media keeps getting harder. These articles get them the attention of the people and create unnecessary FUD. ET gave ‘six more reasons’ to stay away from cryptocurrencies. Let’s talk about them. Reason 1: Banks have started stopping purchase of cryptocurrency with…

In the Midst of it All, a ‘Hero’ is Keeping the Tab

Where can I buy Bitcoin for the least amount of money? What is the current USD price and how much premium am I paying in India?  What are volumes of a particular exchange? If you have questions like these, a ‘community of geeks’ has built a website for all the answers. They call it Coin Hero. Tracking Bitcoin Prices in India Coinhero is a community project by a few crypto-enthusiast…