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Posts tagged as “bitcoin”

Price Analysis, Jul 06: BTC, ETH, XRP, ONT, RLC for the week!

This column will provide our readers a basic update on what they can expect from the leading cryptocurrencies in the upcoming week.This is a weekly column. For more frequent updates on markets, join Sumnesh’s telegram channel Price Action Trading. BTC gave a weekly close (yesterday’s closing price) right below 9075 USDT (support mentioned earlier) for the first time after a month. However, the price has seen an upward push so far…

Price Analysis, June 29: BTC, ETH, XRP, ONT for the week!

This column will provide our readers a basic update on what they can expect from the leading cryptocurrencies in the upcoming week. BTC gave a daily close below 9075 USDT (support mentioned earlier) for the first time after a month on Saturday. The largest cryptocurrency by market cap is currently retesting the lower part of the range it has been stuck in for over 2 months now. The upcoming week…

Price Analysis, June 22: BTC, ETH, XRP, ONT for the week!

This column will provide our readers a basic update on what they can expect from the leading cryptocurrencies in the upcoming week. BTC continues to remain range bound between the levels mentioned earlier editions of the this series (9075-9905 USDT range). It has been almost two months since BTC has been moving in this range of approx 1000-1500 USDT. The upcoming week will also get interesting in anticipation of BTC…

Experiment: I took a Three Month Loan to buy Bitcoin – Part 1

I took a loan of Rs. 200,000 to be returned in three months, to buy Bitcoin with it and see if I make profit or loss at the end of three months. The total amount to be returned is 209069, roughly 5% more. While we always advise people that taking a loan to invest in Crypto is a terrible idea. But many people don’t listen to this advise, go knee…

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…

Is India’s Income Tax Department Tracking your Cryptocurrency Transactions?

The RTI raised asking the question in March was forwarded twice before being rejected by the Income tax Investigations Department. On March 22, I created an RTI query addressed to the Central Board of Direct Taxes (CBDT) asking them two questions: Please tell us if the tax department is using any tools to track cryptocurrency transactions in India. If yes, what are they. Please tell us how does a trader…

Anand Mahindra Invests $1 Mn in Startup, that uses Steem Blockchain

Hapramp is Gurgaon based startup that operates 1Ramp.io, a social media platform powered by Steem Blockchain, Asteria Protocol and GoSocial, their social network. Mahindra Group Chairman has invested One Million US Dollars (~7.5 Crore INR) into a Gurgaon based Startup Hapramp – working on technologies like blockchain and social media. By now, most prominent mainstream media platforms in India have reported this story based on a syndicated news feed. Anand…