WhatTheFUD's blog on decentralized web

LeoFinance13 hours

Bitcoin ETF to start trading from tomorrow

Bitcoin ETF to start trading from tomorrow The news about Bitcoin ETF has propelled the price of Bitcoin higher, and Bitcoin is all set to hit new all-time highs. The ETF in the US is a big thing because it provides another vehicle that will allow

$ 0.59

9

LeoFinance14 days

India is adopting cryptocurrencies at a rapid pace

India is adopting cryptocurrencies at a rapid pace The last few months have seen a lot of private capital flow in the Indian cryptocurrency ecosystem. Many exchanges have raised money and are deploying most of the money into marketing. New projects are

$ 10.37

89

LeoFinance15 days

Bitcoin breaks out of the Bull Flag to consolidate at 50 DMA

Bitcoin breaks out of the Bull Flag to consolidate at 50 DMA On Friday, Bitcoin rose 10% to break out of the Bull Flag pattern forming on the daily chart. Volume was a little disappointing though so there is a chance that Bitcoin corrects back to the flag. The

$ 10.38

104

LeoFinance24 days

Despite China's continuous roadblocks, Bitcoin chart looks bullish

Despite China's continuous roadblocks, Bitcoin chart looks bullish China has officially banned all cryptocurrency transactions. Earlier, when the country had banned such digital asset transactions, it had left some kind of a loophole because the ban was limited to domestic

$ 11.39

140

LeoFinancea month

A property developer is about to default in China and Bitcoin collapses 20%

A property developer is about to default in China and Bitcoin collapses 20%For those who have had a negative view of China's economy for decades, the Evergrande fiasco was a dream come true. The company, however, has come to an agreement with lenders to avoid default. What one

$ 7.68

114

LeoFinancea month

Coinbase issues $2 billion in Junk Bonds - Better than MSTR's sub investment grade debt?

Coinbase issues $2 billion in Junk Bonds - Better than MSTR's sub investment grade debt?Source Last week Coinbase came to the debt markets to raise $1.5 billion via senior notes. The debt offering was led by Goldman Sachs and the bonds were offered in two tranches - 7 years and 10 years.

$ 4.82

35

LeoFinancea month

Bitcoin: Golden Cross that looks more like Death Cross. Cardano: Ready for Smart Contracts

Bitcoin: Golden Cross that looks more like Death Cross. Cardano: Ready for Smart Contracts Looking at the Bitcoin chart and all the cryptocurrency dedicated media outlets, it seems like "Death Cross" gets way more publicity than "Golden Cross". As Bitcoin correction from

$ 6.12

68

LeoFinancea month

Ford has pulled the plug on India operations

Ford has pulled the plug on India operations Source The day before yesterday, Ford announced that it had decided to shut operations in India. This news did not shock many since Ford had been trying to find a partner for a long time to make its two

$ 10.97

116

LeoFinancea month

Ouch, Bitcoin!

Ouch, Bitcoin!Just when it seemed like Bitcoin had entered a new trading range and was heading to new all-time highs, BTC's advance was stopped by some selling action, and the cryptocurrency was pushed back to 200 DMA.

$ 10.28

83

LeoFinancea month

India most likely to treat cryptocurrencies as Commodity

India most likely to treat cryptocurrencies as Commodity Source India's Finance Minister announced a couple of weeks ago that the government had already drafted a bill to regulate cryptocurrencies. The bill was needed because currently investors, service providers,

$ 29.78

377

LeoFinance2 months

Another large Fund Manager to set-up crypto trading and research desk

Another large Fund Manager to set-up crypto trading and research desk In the world of investment managers, while hedge funds are always in the limelight, it is the real money managers - traditional long-only investment funds - that manage the bulk of the money. These are

$ 20.03

250

LeoFinance2 months

India posts strong recovery in GDP at the end of 1Q22

India posts strong recovery in GDP at the end of 1Q22 Quarterly GDP growth numbers for the Indian economy were released yesterday. The actual growth number came at 20.1% annualized growth YoY as against an expected figure of 18%. Source The graph above is

$ 6.00

58

LeoFinance2 months

September begins with 2 new IPOs and they both look tempting

September begins with 2 new IPOs and they both look tempting India's NIFTY Index is near ATHs. It is the perfect time for companies to list on exchanges and raise money via equity offerings. The IPO market has been very hot in the past couple of months with investors

$ 12.34

71

LeoFinance2 months

Bitcoin struggling below $50k

Bitcoin struggling below $50k The week has started and while US Fed's dovish comments were good enough to lift the equity markets, and crude, little has changed for Bitcoin. The positive is that Bitcoin, being a risk asset, will not

$ 18.66

108

LeoFinance2 months

Trial for India's CBDC could start as early as December

Trial for India's CBDC could start as early as December India may not be serious about cryptocurrencies but seems pretty adamant about launching its own Central Bank Digital Currency (CBDC). Even at that, India may be starting trials of Digital Rupee by December.

$ 11.95

94

LeoFinance2 months

Bitcoin still hovering around 200 DMA

Bitcoin still hovering around 200 DMA Bitcoin rose above $50k a few days ago and I was hoping that it would be able to reach 60k soon and would probably stay range bound between $50k and $60k for some time. However, that was not to be as Bitcoin

$ 8.87

89

LeoFinance2 months

In desperate times, Indian government now plans to borrow against national assets

In desperate times, Indian government now plans to borrow against national assets Yesterday, India's Finance Minister announced a brave new asset monetisation plan. Till 2025, the Indian government plans to raise about $80 billion by borrowing against existing assets such as roads and

$ 13.17

297

LeoFinance2 months

Crypto traders are popping up in India's small towns and villages

Crypto traders are popping up in India's small towns and villages A month or so ago, I wrote a couple of articles about why VC firms are pumping money into India's cryptocurrency sector despite all the risks. In another article, I also wrote about how TikTok had banned

$ 17.08

96

LeoFinance2 months

Bitcoin: The road ahead

Bitcoin: The road ahead Bitcoin is back above $50k and my portfolio is looking good. The good thing about this uptrend is that some altcoins have done even better, so despite bitcoin being quite far from its previous high of

$ 10.85

248

LeoFinance2 months

India's cryptocurrency bill may be tabled in the next session of Parliament

India's cryptocurrency bill may be tabled in the next session of Parliament I've already said that we are not saying no to cryptocurrency. Source Source The words above are those of India's Finance Minister from a recent interview. Sounds promising. However, all is not good it

$ 8.39

53