The US president-elect Donald Trump and his advisor Elon Musk throwing their weight behind crypto resulted in Bitcoin shooting through the $1,00,000 mark in December. This was a dramatic comeback after the collapse of the crypto exchange FTX in 2022, which resulted in losses of billions of dollars.
One fallout of the 2008 financial crisis was a deep mistrust of the banking system around the world. When the first successful digital currency, Bitcoin, appeared in 2009, it was perceived as a bid to circumvent regulation that was seen as ineffective and cumbersome. It was believed that cryptocurrencies would allow greater transparency and security in financial transactions.
But as a quintessentially disruptive technology, its credibility today divides experts and laymen. While many still think of it as a game of smokes and mirrors, it's endorsed by tech-savvy younger generations. At present, the global cryptocurrency market is worth around $3 trillion.
In the context of this market volume, the intrinsic value of cryptocurrency is relevant. Cryptocurrency is basically a piece of programming software; its value is linked to its momentum of exchange and its perceived investment potential. For Bitcoin, the value is also attributed to the fact that out of the 21 million available, some 19 million have already been mined.
ãã®èšäºã¯ The New Indian Express Hyderabad ã® January 05, 2025 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ The New Indian Express Hyderabad ã® January 05, 2025 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Axar Steps Into A New Role
Now part of the leadership group, the all-rounder doesn't feel the need to prove to anyone
Govt Selects 24 Cos Under PLI Scheme For White Goods
The government has selected 24 companies under the third round of the production-linked incentive (PLI) scheme for white goods.
Pope Francis calls Trump's proposal of deporting immigrants a disgrace
ROME
Biden Pardons Fauci, Milley to Guard Against Don's 'Revenge'
Pardons announced just hours ahead of Trump's inauguration lays groundwork for even more expansive use of remission by future presidents
Admin bans community feasts in village hit by mysterious deaths
EVEN as the high-level inter-ministerial team visited remote Budhal village in Jammu and Kashmir's Rajouri district on Monday to ascertain the cause of the 17 deaths in three families due to a mysterious illness, the administration sealed the spring in the affected village after water samples from it tested positive for a few pesticides and insecticides and also banned community feasts in the village.
2025 World Cup set to be hosted in India, confirmation soon
THE official announcement may take a few more days, but in reality, India was pencilled in to host the 2025 World Cup by FIDE (chess' governing body) last year itself.
SEBI May Extend Time to Fix MF NAV
To ease the implementation of directions on upstreaming of client funds, the markets watchdog is planning to extend time to stock brokers/clearing members to un-pledge units of overnight mutual fund schemes and place redemption request with funds houses, after the close of market hours.
Youth from Hyderabad shot dead in the US
A 26-year-old youth from Hyderabad was shot dead in Washington DC on Sunday.
Hospitals Resume Aarogyasri Services After Minister's Assurance
Hospitals in the state resumed Aarogyasri services after the health minister assured to resolve their issues.
BRS plea on denial of permission for protest adjourned
Justice B Vijaysen Reddy of the Telangana High Court on Monday adjourned to Tuesday the hearing of a lunch motion petition filed by Bohnagiri Devender, Nalgonda town president of the BRS challenging the denial of permission by the Sub-Divisional Police Officer (SDPO) for a protest meeting on January 21.
