Top cryptocurrency news on October 6

On October 6, cryptocurrency prices remained positive. Bitcoin, the world’s most valuable cryptocurrency by market capitalization, surpassed $50,000 for the first time in four weeks on Tuesday, adding to a string of advances since the beginning of the month.

The global cryptocurrency market was valued at $2.22 trillion, down 3.06 percent from Tuesday, while total crypto market volume increased 3.29 percent in the last 24 hours to $110.8 billion. Bitcoin was trading at $51,205.16 at 8:25 a.m., with a 43.58 percent dominance, up 0.56 percent on the day. Read the entire thing here.

What happens if India decriminalizes cryptocurrency?

Amid reports of China imposing a blanket ban on cryptocurrency transactions, signs of the government’s cautious stance, and a long-awaited announcement regarding the official cryptocurrency bill to be tabled in the upcoming winter session of the parliament, we take a look at a terrifying scenario in the case of cryptocurrency de-legalization in India. More information is available here.

What Has Changed?

The first Asia-focused decentralized exchange, NASDEX, has launched.

Starter, an IPO (Initial DEX Offering) launchpad, incubator, and investor network that allows the interoperability of IDO launches on 7 popular blockchains, announced the launch of NASDEX, an independently owned and operated decentralized exchange that allows users to trade tokenized stocks on the blockchain via a minting and trading mechanism, in an effort to boost the DEX ecosystem in Asia. Details can be found here.

All Over the World

The Raza Saga: A man who lost everything in cryptocurrency just to empower others

From losing a lot of money to a Ponzi cryptocurrency scheme to now helming BitInnings, a platform he founded to impart fundamental cryptocurrency education to empower millions of Indians, and previously CryptoKanoon, a platform for crypto regulatory news and analysis, Raza’s experience with the nascent, rapidly evolving Indian cryptocurrency space is one to know, live, and undo. More information is available here.

This site uses cookies to offer you a better browsing experience. By browsing this website, you agree to our use of cookies.