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The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank of India (RBI), says CEO Brian Armstrong. Coinbase Shares Experience in India Coinbase Global provided an update on its Indian operation during
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Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the most popular payment service in the region. Coinbase CEO Brian Armstrong later revealed that the service disruption was due to an “informal pressure” from India’s central bank.During Coinbase’s
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Bitcoin (BTC) is testing a major support zone between $27K and $30K, which is the bottom of a year-long trading range. Momentum signals remain negative, which could keep sellers active. Source
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"The [European Union] is not ready for a gas embargo, but it imposed a ban on Russian coal after the massacre in the Ukrainian town of Bucha. And the high probability of an agreement on oil underscores how much the war in Ukraine has forced Europe to rethink its reliance
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The launch of three crypto ETFs in Australia has been blocked less than 24-hours before it was due to be listed on CBOE Australia. Original Source
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Bitcoin remains rangebound in the high $30,000 to low $40,000 areas. The first crypto by market cap has seen its volatility reduce as several factors contribute to the slowdown across the sector. Related Reading | TA: Bitcoin Trims Gains, Support Turned Resistance At $41K At the time of writing, Bitcoin (BTC) trades at
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Bitcoin has started a recent downtrend that is threatening its position above the coveted $40,000 level. This is presumed to be caused by major sell-offs in the market. However, exchange metrics continue to show that this is not entirely the case. Exchange balances have been plummeting for the past year
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Bitcoin (BTC) and other cryptos are rising after the Luna Foundation Guard purchased $1 billion worth of BTC over the past few days. Some crypto traders are turning bullish, evidenced by the rise in buy volumes across exchanges. Source
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Bitcoin (BTC) begins the last week of March with a bang after returning to its yearly opening price above $46,000.In a surprisingly strong upward move for a weekend, BTC/USD began surging upwards Saturday, continuing overnight to challenge its highs from the start of 2022.Coming against an ongoing macro climate of
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Recent weeks saw a massive surge of the so-called privacy coins’ prices — namely Monero (XMR), Dash (DASH), Zcash (ZEC) and Haven Protocol (XHV). As many other cryptocurrencies and the industry at large faced immense regulatory pressure amid the war in Ukraine, one narrative that began taking hold in the
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