Bitcoin trading above Rs 33 lakh

Cryptocurrency prices continue to be in the red on September 28. The global cryptocurrency market cap is Rs 139.51 lakh crores, a 4.25 percent decrease over the last day, while the total crypto market volume over the last 24 hours is Rs 7,21,468 crores billion, which makes a 14.65 percent decrease. Bitcoin's price is currently Rs 33,49,017 and its dominance is currently 42.51 percent, an increase of 0.20 percent over the day. Read full here.

Right crypto regulation can make India global financial hub: Coinbase CPO Surojit Chatterjee

For Surojit Chatterjee, the Chief Product Officer at one of the US’ largest cryptocurrency exchanges Coinbase, demonetization is what led him to wonder whether cryptocurrencies will be the future of financial transactions. Speaking at TiE Delhi-NCR’s India Internet Day 2021, he said that the world has built only less than one percent on cryptocurrencies as a platform. Read more here.

Should you buy the dip in Bitcoin and other cryptocurrency prices?

The cryptocurrency market is witnessing a turbulent time in 2021. On the one hand, El Salvador has adopted Bitcoin as a legal tender, whereas the US SEC is planning to sue Coinbase Global,  a cryptocurrency exchange platform. Since the crypto market is still at a nascent stage, there is no long-term historical data to decipher its price movements. Read details here.

Twitter rolls out bitcoin tipping, safety features in product push

Twitter users globally on iOS devices can now send and receive digital payments, which was previously limited to a small group of testers. Twitter Inc will now allow people to tip their favorite content creators with bitcoin and will also launch a fund to pay some users who host audio chat rooms on its Spaces feature. The company also said it will test new ways to help users have a safer experience on Twitter. Read more here.