Bitcoin, the largest cryptocurrency by market value, had some rise on Friday. Its price was up more than 1.6 percent at more than $94,700. The Federal Reserve may step back from rate cuts due to signs of a strengthening economy in America. This has affected the crypto market. The second-largest cryptocurrency was down more than…
The start of the new year has been good for the crypto market. Bitcoin, the largest cryptocurrency by market value, rose to just over $96,600 on Friday. There was a significant decline in the price of this most popular cryptocurrency at the end of last year. Earlier, Bitcoin had made a high level of more…
The interest of institutional investors has increased in Bitcoin, the largest cryptocurrency in terms of market value. Enterprise software maker MicroStrategy has made large purchases of Bitcoin for the eighth consecutive week. It is the company with the largest holding of this most popular cryptocurrency. MicroStrategy holds approximately 4,46,000 Bitcoins. The company’s executive chairman, Michael…
The scope of stringent sanctions imposed on Russia by many Western countries may increase. Recently Russia had told that it is using Bitcoin for international payments. Due to the attack on Ukraine, it is facing strict restrictions. Ukraine has said that it will ban Russia’s use of Bitcoin for international trade. Recently Bitcoin had created…
Trading of cryptocurrencies has increased rapidly in the last few years. Russia is among the major countries mining Bitcoin, the most popular cryptocurrency in this market. However, due to high electricity consumption, Russia has imposed a six-year ban on crypto mining in 10 regions. Russian news agency Tass Report It has been reported that from…
The market of cryptocurrencies has grown rapidly in the last few years. Bitcoin, the most valuable cryptocurrency, has seen a significant rise in the last few weeks. Recently Bitcoin had created a new high level of more than $1,08,000. This most popular cryptocurrency is being used by Russian companies in doing business from abroad. Recently,…
The strength of the Indian Air Force has increased rapidly in the last few years. The Central Government has made some big deals to equip the country’s Air Force with state-of-the-art fighter aircraft. In this series, Hindustan Aeronautics Ltd (HAL) has been given the contract for the supply of 12 Sukhoi-30MKI fighter aircraft and their…
The tension between Russia and America is well known. After the Ukraine-Russia war, relations between the two superpowers are at their most delicate point. Now the Russian court has imposed a fine on the American company Google. The amount of the fine is equal to 20 decilion dollars. This is so much that 34 zeros…
The purpose of the International Space Station (ISS), deployed in space 400 kilometers above the Earth, is no longer just for scientific discoveries. ISS is also being used for many other purposes. A few years ago, it was reported that Hollywood actor Tom Cruise would shoot one of his films in space. However, before that…
South Korean automobile company Hyundai’s factory in Russia is going to be sold at throwaway prices. Due to the war between Russia and Ukraine for the last two years, many companies have had to close their business from Russia. Hyundai has also been included in the list of these companies. Its factory in Russia is…