If you had bought even 25 bitcoins at the start of the year, you would have become a crorepati by now!
There have been multiple rumours about the company starting to accept cryptocurrencies. Last month one such rumour that it will accept bitcoins for purchases drove bitcoin’s price upwards
There are over 1,000 cryptocurrencies, bitcoin being the biggest by market capitalization, and many have seen huge rises in value over the past few years. Bitcoin for example is up over 470 percent year-to-date.
India has the world’s largest inward remittance market which is more than $70 billion per year
With virtual currency, the internet is fast bringing about change in the financial industry
Saurabh Agrawal, CEO and Co-founder, Zebpay said, â€œThe Bitcoin prices are on a rise. ETF news has definitely triggered the upward movement, though chances of getting approval are low, but if the ETF gets approved, it will be a big milestone for the entire Bitcoin ecosystem, and we may see Bitcoin prices touching USD 1500 very soon.â€
Co-founder of Ethereum, Vitalik Buterin, tells us the secret behind the success and the rise of cryptocurrencies and explains its benefits and how it deals with security threats.