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#StablecoinLaw Law Passed by US Congress Brings New Framework for Cryptocurrency The US House of Representatives has approved the GENIUS Act, a stablecoin bill. It is now awaiting the President's signature.
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Cryptocurrencies have extended their negative trade beyond weekend and have been trading lower on Monday. Bitcoin, number 1 cryptocurrency, was down more than 7 per cent and was trading at Rs 25,80,029 after scaling Rs 27,78,966 as its day's high. Overall crypto market was down by 8.52 % on Monday at 12.30 pm showed CoinSwitch Kuber data. Meanwhile, other top and famous cryptocurrencies, including Ethereum, Polka Dot, Dogecoin and Shiba Inu also did not fare well on investors' expectations. COMMERCIAL BREAK SCROLL TO CONTINUE READING See Zee Business Live TV Streaming Below: Ethereum, Polka Dot, Dogecoin were down 8.43 per cent, 10.33 per cent and 9.09 per cent respectively on Monday. Ranked 3 in global rankings, Tether was trading marginally in green at Rs 78.6421, up 0.07%. Meme Coin Shiba Inu was trading for Rs 0.000578, down 2.20 per cent. Meanwhile, in news related to cryptocurrencies last week, Space X and Tesla CEO Elon Musk woke up to a 'pleasant' surprise on Father's Day on June 20. Dogecoin holders flooded him with Happy Father's Day wishes for being 'Dogefather', expecting him to boost cryptocurrency price. In another news related to cryptocurrency, Fred Ehrsam, Co-Founder of cryptocurrency exchange Coinbase said that 90 percent of the NFTs (non-fungible tokens) will be of no worth in the next three to five years, reported Bloomberg. Ehrsam, however, was bullish on meme crypto Dogecoin and said one should dismiss Elon Musk-backed coin, "If crypto has taught us anything, it's never to dismiss a good meme that couldn't later manifest into more concrete progress," he told Bloomberg. In India, RBI continues to maintain reservations on trading in cryptocurrencies. RBI Governor Shaktikanta Das said the Reserve Bank's view on cryptocurrencies like Bitcoin remains unchanged and it continues to have “major concerns” on the volatile instruments. “There is no change in RBI’s position (on cryptocurrencies). Our circular clarifies the position very well,” RBI Governor had said earlier.
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#AltcoinBreakout Solana or XRP – which altcoin is set for a breakout in 2025? Explore crypto analysis, growth prediction, and expert buying tips in this detailed guide. Introduction: Altcoin Race Heats Up in 2025 With the crypto market recovering strongly in 2025, two major altcoins are drawing serious attention: Solana (SOL) and XRP (Ripple). Both coins have massive communities, strong fundamentals, and are showing technical breakout patterns that could lead to major price surges.
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#SpotVSFuturesStrategy Ownership is immediate. Simple, low-risk, ideal for beginners. No leverage involved. Futures Trading: You trade contracts that speculate on future price movements. No actual ownership of the asset. Allows leverage (borrowed capital), increasing both potential profit and risk. Suitable for experienced traders. Key Difference:
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