Bitcoin Posts Outflow for Second Straight Week, CoinShares Data Shows

Bitcoin Posts Outflow for Second Straight Week, CoinShares Data Shows

Bitcoin investment products and funds registered outflows for a second consecutive week, according to data from digital asset manager CoinShares released on Monday, highlighting investors’ cautious sentiment on the cryptocurrency sector as prices continued to stall. Bitcoin outflows hit $10.4 million (roughly Rs. 77 crores) in the week ended July 16, after outflows of $6.9 … Read more

Cryptocurrency Exchange Coinbase Establishing Business in India

India Might Ban Cryptocurrency, But Coinbase Is Looking for Indian Engineers

US cryptocurrency exchange Coinbase on Thursday announced that it was establishing its business in India and hiring local talent. The San Francisco, California-based company that is popular for offering a platform to sell cryptocurrencies including Bitcoin and Ethereum also revealed that it wanted to open a physical office in the country. The new move by … Read more