National Payments Corporation of India (NPCI) via its latest circular has introduced new limits for UPI LITE in line with the RBI’s announcement last year. As per the RBI’s notification on Dec 4, 2024, UPI LITE limits were raised to ₹1,000 per transaction and ₹5,000 became the total limit. Replenishment of used limit will be…
Ethereum (ETH) hit a new yearly low of $2,076 earlier today, further weakening sentiment around the second-largest cryptocurrency by market cap. If Ethereum falls below $2,000, it could trigger additional losses for investors. Ethereum Sentiment At A 12-Month Low According to data from CoinGecko, Ethereum has dropped roughly 28% over the past 30 days and…
Recent reports revealed that Ukraine’s lawmakers “remain debating” crypto tax rates amid the government’s push to legalize digital assets this year. An expert suggested that the upcoming bill could take longer than expected as the parliament considers lower taxation. Ukraine’s Crypto Legalization Could Take Until Next Year In a Thursday interview with local news media,…
A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million. Heart, whose real name is Richard Schueler, was also accused of spending those allegedly stolen funds on luxury items — including the world’s largest…
A developer from THORChain, known as Pluto, has announced his departure from the decentralized liquidity protocol following a contentious decision involving North Korean-linked transactions. The controversy emerged after a vote by the network’s validators to block these transactions was swiftly overturned, raising concerns about the platform’s governance and resilience to regulatory challenges. Validator Pushback and…
The Bitcoin bounce to $85,000 on Feb. 28 had traders hopeful that a bottom was in could be in peril after BTC (BTC) struggled to secure a higher high candlestick for the daily close. Data from TRDR.io shows Bitcoin received a strong spot bid at Coinbase as the price fell to a 2025 low at…
Bitcoin has shown a continuation to its crash during the last 24 hours. Here’s what on-chain data says regarding whether a bottom is close or not. Bitcoin NVT Golden Cross Is Now In Oversold Territory As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin NVT Golden Cross has witnessed a sharp…
A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…
In an interview with CNBC’s Street Signs on February 27, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, offered insights on Bitcoin’s recent price decline and laid out a bold forecast for the world’s largest cryptocurrency. Despite near-term volatility, Kendrick expects Bitcoin to reach $200,000 this year and as high as $500,000 before…
“Since you have redeemed X excess reward points beyond what is rightfully accrued by your transactions, we request you to pay INR 23,25,639 to the Bank as per MITC clause…” The notice was part of the bank’s recent effort to recover rewards points accumulated by some credit card holders through a technical loophole in 2023….
