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India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
12.4.2022
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India...
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force
2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...
‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
2.3.2022
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance...
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
17.12.2021
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively...
Petition to List Shiba Inu on Robinhood Gains 400K Signatures as SHIB Price Soars
29.10.2021
Shiba inu supporters are petitioning on Change.org for the trading platform Robinhood to list the shiba inu token for trading. Robinhood currently lists the meme cryptocurrency dogecoin which made up 62% of the company’s crypto trading volume in Q2. Petition to Get Robinhood to List Shiba...
Crypto soars to account for 73% of trading commissions on eToro in Q2
26.8.2021
According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions
South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy
12.5.2021
A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks (KFB) requested its members to audit trading volumes through their crypto exchanges’ customers’...
Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says
7.5.2021
The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.” The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great...
Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion
17.1.2021
Switzerland’s principal stock exchange has revealed that its crypto trading volume hit a record high of CHF 1.1 billion ($1.23 billion) in 2020. The exchange now offers 34 exchange-traded products, allowing investors “access to 100 different crypto products trading on...
German Stock Exchange’s Crypto Trading App Surpasses $1 Billion Volume This Year
7.12.2020
Cryptocurrency trading on the app provided by Germany’s second-largest stock exchange, Boerse Stuttgart, has hit record volumes. One billion euros in cryptocurrencies have been traded on the exchange’s crypto trading app, Bison, so far this year. 1 Billion Euros Crypto Trading Volume...
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
India’s Crypto Trading Volume Soars Amid Economic Crisis
5.6.2020
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of...
Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies
25.12.2019
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with...
P2P Crypto Trading Volume Increased 2800% in South Africa, Says Paxful
29.10.2019
P2P crypto trading platform Paxful sees a 2,800% increase in South African trading volume