Bitcoin is once again turning heads, as a series of technical and institutional developments suggest it’s on the verge of another monumental rally.

Just a few days ago, its price was below USD 51,000, but it has since surged past USD 60,000 and now stands above USD 63,000

Indian investors can gain exposure to Bitcoin, Ethereum, and other crypto-assets indirectly without having to buy any cryptocurrency directly.

Indices traded with volatility throughout the day while Nifty closed higher by 0.37 per cent. Sensex gained about 237 points while Nifty Midcap and Nifty Smallcap witnessed heavy profit booking as they plunged 2.26 per cent & 3.20 per cent, respectively.  

More than 8.1 crore users had established unique Bitcoin wallets as of March 2022, with more than 2.7 lakh verified Bitcoin transactions every day. Does this imply that crypto currency is the way to go? The article dwells upon the gains and losses of this new financial entity 

Interestingly, Bitcoin has never managed to cross above its prior day's high in the last nine trading sessions and now, it slipped below the level that was last seen in the latter part of December 2020.   

CoinSwitch, a cryptocurrency platform, stated in its press release that it plans to launch a recurring buy plan (RBP) for retail investors.

Be it investing in equity, commodity or crypto, it’s important to understand the exact functioning of that particular asset class.  So, Sharan Nair, Chief Business Officer, CoinSwitch helps to answer the most vital questions related to the functioning of crypto trading.

As of today, 15 per cent of the company’s total user base comprises women. Delhi, Kolkata, Pune, Mumbai, Lucknow, and Patna became the early crypto adopters. Nearly 60 per cent of our user base is less than 28 years old.