#Crypto investment in India

[mirtoken]

Best Future of crypto currency in India

Cryptocurrencies have become a popular investment option in recent years, and India is no exception. With the growth of digital currencies and blockchain technology, more and more investors in India are considering investing in cryptocurrencies as a way to diversify their portfolios and potentially earn high returns. One platform that has gained popularity in the Indian market is MIR-Token.com, which offers a range of crypto investment options. In this article, we will explore the benefits of crypto investment in India with MIR-Token.com.

Diversification

Diversification is a key strategy in any investment portfolio. It is important to spread risk across different assets to minimize losses and maximize returns. One of the benefits of crypto investment with MIR-Token.com is that it allows investors to diversify their portfolios beyond traditional assets such as stocks, bonds, and real estate.

With MIR-Token.com, investors can access a range of digital currencies, including Bitcoin, Ethereum, Litecoin, and many others. This diversity of crypto assets allows investors to spread their risk across different currencies, minimizing the impact of any single currency's performance on their overall investment.

High Returns

Crypto investment can offer high returns compared to traditional investments. While it is true that the crypto market can be volatile, it is also true that many investors have made significant gains through crypto investment. For example, Bitcoin's price has increased from less than $1 in 2010 to over $50,000 in 2021, representing a huge return for early investors.

MIR-Token.com offers investors the potential for high returns through its crypto investment options. With its user-friendly platform and a wide range of digital currencies, MIR-Token.com enables investors to access the crypto market and take advantage of potential growth.

Low Fees

One of the benefits of crypto investment with MIR-Token.com is its low fees. Traditional investment options such as mutual funds and stocks often come with high fees, which can eat into investors' returns. In contrast, MIR-Token.com charges low fees for its crypto investment services.

This low fee structure is possible because crypto investment is a decentralized market, meaning there are no intermediaries such as brokers or middlemen. As a result, investors can save on fees and keep more of their returns.

Security

Security is a key concern for any investor, especially when it comes to digital currencies. The crypto market has been plagued by security breaches and hacking attacks in the past, leading to the loss of millions of dollars. However, MIR-Token.com takes security seriously and employs various measures to protect investors' assets.

MIR-Token.com uses advanced encryption and security protocols to ensure that investors' funds and personal information are secure. The platform also offers two-factor authentication and other security features to prevent unauthorized access to investors' accounts.

Ease of Use

One of the benefits of crypto investment with MIR-Token.com is its ease of use. The platform is designed to be user-friendly, even for investors who are new to the world of digital currencies. MIR-Token.com offers a simple and intuitive interface that allows investors to buy, sell, and trade digital currencies with ease.

Additionally, MIR-Token.com offers a range of educational resources to help investors learn more about crypto investment and the crypto market. These resources include articles, videos, and tutorials, which can help investors make informed investment decisions.

Liquidity

Liquidity is another benefit of crypto investment with MIR-Token.com. In traditional investments such as real estate or mutual funds, it can be difficult to access funds quickly in case of an emergency. However, crypto investments are highly liquid, meaning they can be bought and sold quickly.

With MIR-Token.com, investors can buy and sell digital currencies at any time, giving them the

Read more:-

Crypto currency in India

Crypto investment in India

Mining investment in India

best way to investment Money in India

best crypto exchange in  India

crypto market in India

crypto currency trading strategies,in India

Mining in India

Best Future of crypto currency in India

Crypto investment benefits in India

Source:- https://mirtoken.blogspot.com/2023/02/best-future-of-crypto-currency-in-india.html

[bitgenixservices]

Seven Benefits Of Investing In Cryptocurrencies

Cryptocurrencies have gained their fair share of popularity and attention in recent years. They are easy to navigate and provide wealthy returns, although with some risk involved. You can make decent money with a full-proof plan and good knowledge about the best crypto investment options. As digital assets, they offer numerous benefits that traditional investments often lack. 

Decentralization and security

Cryptocurrencies are decentralized which means they are not controlled by any central authority or government. This characteristic enhances security by reducing the risk of fraud and hacking. Unlike traditional banking systems, which rely on intermediaries and centralized databases, cryptocurrencies utilize advanced encryption techniques to secure transactions and protect users' funds.

Global accessibility and financial inclusion

One of the most remarkable benefits of cryptocurrencies is their global accessibility. Anyone with an internet connection can participate in cryptocurrency transactions, regardless of geographical location or financial status. It has the potential to promote financial inclusion, enabling individuals in underserved regions to access banking services and participate in the global economy.

Transparency and accountability

Cryptocurrencies run on blockchain technology, a decentralized ledger that records all activity in a transparent and inert manner. This transparency fosters trust among users by allowing them to verify and trace every transaction. Additionally, the blockchain eliminates the need for third-party intermediaries, reducing costs and enhancing accountability.

Potential for high returns

Cryptocurrencies have experienced significant price volatility, leading to the potential for high returns on investment. While this volatility carries risks, it also presents opportunities for substantial profits. Numerous individuals and institutional investors have witnessed substantial gains by investing in cryptocurrencies during the past decade. However, conduct thorough research about different crypto investment platform and trending cryptocurrencies to bid money on and be cautious when investing in this dynamic market.

Diversification and portfolio expansion

Cryptocurrencies provide an excellent opportunity for diversification, enabling investors to expand their portfolios beyond traditional assets like stocks and bonds. Adding cryptocurrencies to your investment mix can mitigate risk and increase the potential for higher returns. Diversification is a fundamental strategy for portfolio management, and cryptocurrencies offer a unique avenue for achieving it.

Innovation and technological advancements

The underlying technology behind cryptocurrencies, blockchain, has immense potential to revolutionize various industries. By investing in cryptocurrencies, you can support the development and implementation of innovative blockchain-based solutions. These solutions can transform sectors such as finance, supply chain management, healthcare, and more. Investing in cryptocurrencies provides financial benefits but also contributes to technological advancements.

Liquidity and accessibility to alternative investments

Cryptocurrencies offer high liquidity, allowing investors to quickly trade digital assets. This accessibility to alternative investments can be particularly beneficial in times of economic uncertainty. Cryptocurrencies operate independently of traditional financial systems, making them less susceptible to the fluctuations of traditional markets. As a result, cryptocurrencies can provide a hedge against economic volatility and diversify investment portfolios. Investing in cryptocurrencies presents several advantages making them an appealing option for investors. As with any investment, it is crucial to exercise caution, conduct thorough research, and seek professional advice before venturing into the cryptocurrency market.

[pankajfinance]

Best Platform to Buy Cryptocurrency in India 2024 | Top Trading Options

Explore the best platforms to buy cryptocurrency in India with our comprehensive guide. Compare leading crypto exchanges based on features, fees, and user experience to find the ideal platform for your investments. Discover your top choice now!

[indvesting]

Unveiling Your Investment Journey in India: A Guide to Diverse Options

Embarking on your investment journey in India can be both exciting and rewarding. This guide will navigate you through various investment options tailored to different risk appetites, financial goals, and timelines. Whether you're a beginner or a seasoned investor, understanding these options will enhance your personal finance learning and financial education in India.

Retirement Planning in India: Embark on a well-planned journey toward a secure and fulfilling retirement. Discover a variety of investment options designed to meet your unique needs and goals:

National Pension Scheme (NPS): Benefit from customizable asset allocation and enjoy healthy returns. We'll provide in-depth insights into NPS returns and the factors that influence them.

Public Provident Fund (PPF): Take advantage of tax-free returns and a safe, government-backed investment.

Employee Provident Fund (EPF): Secure your future with contributions from both you and your employer, building a substantial retirement corpus.

Financial Education & Learning: In the world of finance, knowledge is power. Enhance your financial literacy with our comprehensive resources on personal finance and financial education in India. Learn the essentials of investing, and planning for the future, ensuring you make informed decisions every step of the way. 

Beyond the Basics: Exploring Investment Avenues

Compare Savings Options: Dive into the details of Fixed Deposits (FDs), Public Provident Funds (PPF), Sukanya Samriddhi Yojana (a scheme for the girl child), and more. We’ll guide you in selecting the best options tailored to your financial goals.

Cryptocurrency in India: Dive into the dynamic world of cryptocurrencies—an exciting alternative investment avenue! While traditional assets like stocks and real estate have their place, digital currencies offer unparalleled liquidity, global accessibility, and potential for exponential growth. Whether you’re a seasoned investor or a curious newcomer, you may want to check out crypto investment as your next investment option!  

Alternative Investments: Explore beyond stocks and bonds! Think of private equity, commodities, and hedge funds as your secret weapons for growing wealth. These options offer diversification and the potential for better returns. 

Demystifying Investment Risks & Returns:

Understanding Risk: Investment decisions involve calculated risks. We'll break down the risk profiles of various options like Corporate Bonds, Capital Gain Bonds, and National Company Deposits (NCDs).

Investment Returns Updates: Investment returns updates cover products like Government Securities, Debt Portfolio Management Services (PMS), Flexi-Cap Funds, Index Funds, Balanced Advantage Funds, Multi-Asset Allocation Funds, Gold ETFs, Sovereign Gold Bonds (SGBs), Unit Linked Insurance Plans (ULIPs), Liquid Funds, and Fixed Maturity Plans (FMPs).

Join the Investment Conversation!

Indvesting is your one-stop shop for all things personal finance in India. Subscribe to our newsletter for regular updates, insightful articles, and expert advice. Let's embark on your investment journey together!

Visit: https://indvesting.com/

[jairaam]

As the crypto landscape evolves in India, selecting the best crypto wallets becomes crucial for both new and experienced users. In 2024, several crypto wallets stand out for their features, security, and user experience.

WazirX: Known for its seamless integration with India's largest crypto exchange, WazirX offers a user-friendly mobile app for buying, selling, and storing cryptocurrencies.

CoinDCX: This platform provides a versatile wallet supporting multiple cryptocurrencies and offers features like staking and interest on holdings.

ZebPay: A trusted name in India's crypto space, ZebPay offers a secure wallet with features like instant INR withdrawals and top-notch security protocols.

Trust Wallet: A popular choice for mobile users, Trust Wallet supports a wide range of cryptocurrencies and allows users to participate in decentralized finance (DeFi) activities.

MetaMask: Ideal for those exploring Ethereum and DeFi, MetaMask is a browser extension wallet offering a convenient way to interact with decentralized applications (dApps).

Choosing the best wallet depends on individual preferences, including security, ease of use, and supported features. It's essential to research and assess each option based on personal needs and risk tolerance.

[yacrypto]

Get the Top Crypto Trading Platform - YaCrypto

YaCrypto gives the top crypto trading platforms. Our platform is designed to provide comprehensive guidance and support. YaCrypto is your go-to destination for cryptocurrency trading for beginners.

[cryptonewspod]

WinkLink (WIN) Crypto Price Predictions 2025,2030,2040,2050

Winlink (WIN) emerges as a revolutionary force within the TRON ecosystem, offering a comprehensive oracle solution that bridges the gap between the real world and the blockchain space. Bitcoin to Hit $150K! Shocking Insights! Winklink (WIN) fundamentally strives to make the world of blockchain more understandable and accessible to everyone. With the acquisition of justlink.io and listing on…

[delhi-school-of-business]

Understanding the Challenges of Moving from LIBOR: Navigating the Tides

In the vast ocean of global finance, the London Interbank Offered Rate (LIBOR) stands out. It has long served as a crucial navigational beacon. Established in the mid-1980s, LIBOR quickly became the world’s most widely used benchmark for short-term interest rates. It’s similar to the financial world’s heartbeat. It underpins an estimated $350 trillion worth of financial contracts worldwide. These range from complex derivatives to simple home mortgages.

LIBOR represents the average interest rate for major global banks. They can borrow from one another in the international interbank market for short-term loans. LIBOR is published in five currencies: U.S. dollar, Euro, British pound, Japanese yen, and Swiss franc. It comes in seven different maturities ranging from overnight to one year. This provides a consistent, reliable gauge of the cost of unsecured borrowing in the London interbank market.

The importance of LIBOR in the financial system cannot be overstated. It serves as a reference rate for many financial products. These include syndicated loans, adjustable-rate mortgages, student loans, credit cards, and various types of derivatives. It’s the foundation of the global financial system. It influences borrowing costs throughout the economy. Moreover, it affects the finances of corporations, governments, and consumers alike.

However, LIBOR is the backbone of the financial world. Yet, it doesn’t come without its flaws. The financial world is preparing to navigate a future without it.

The Need for Transition from LIBOR

The journey towards a post-LIBOR world began with a series of unfortunate events. These events shook the financial world to its core. The LIBOR crisis erupted in 2012. It revealed that some banks had been manipulating the rate to their advantage. This led to a crisis of confidence in the benchmark. The scandal tarnished the reputation of LIBOR. It also highlighted its inherent vulnerabilities. One primary concern was that it was based on estimates and not actual transactions. This made it easier to manipulate.

The implications of the crisis were far-reaching. It led to billions of dollars in fines for the banks involved. Additionally, it casts a long shadow over the integrity of the global financial system. In response, it sparked a global conversation. The discussion centred around the need for a more robust and transparent alternative. This alternative needed to withstand the tests of market integrity and reliability.

How Everything Led to LIBOR’s End

In response to the crisis, regulatory bodies worldwide began pushing for a transition away from LIBOR. In the UK, the Financial Conduct Authority (FCA) made an announcement in 2017. It stated it would no longer ask or persuade banks to submit rates for LIBOR’s calculation after 2021. This announcement effectively set the clock ticking for the end of LIBOR.

The final nail in the coffin was in March 2021. The administrator of LIBOR, ICE Benchmark Administration, confirmed the termination dates for most LIBOR settings. It was announced that several LIBOR settings would cease after December 31, 2021. This included all the British pound, euro, Swiss franc, and Japanese yen settings. Additionally, the “one-week and two-month U.S. dollar settings” were included. The remaining U.S. dollar settings would cease immediately after June 30, 2023.

The announcement marked the beginning of the end for LIBOR. It set in motion a significant transition in global finance history. The transition from LIBOR is more than just a regulatory requirement. It’s a crucial step towards a stable and trustworthy financial system.

Challenges in the Transition from LIBOR

Navigating away from LIBOR is no small feat. The transition presents a multitude of challenges that financial institutions and market participants must overcome.

One of the most significant challenges is the complexity of replacing LIBOR in existing contracts, often referred to as “legacy contracts”. These contracts, which can extend beyond 2023, were drafted with LIBOR as the reference rate and often lack adequate provisions for the permanent removal of the benchmark. Modifying these contracts to replace LIBOR with a new rate is an enormous task, both legally and operationally, and raises the potential for legal disputes and market disruption.

The transition also involves the adoption of new risk-free rates (RFRs) that are fundamentally different from LIBOR. Unlike LIBOR, which reflects the credit risk of unsecured interbank lending, RFRs such as the Secured Overnight Financing Rate (SOFR) in the U.S. and the Sterling Overnight Index Average (SONIA) in the UK are nearly risk-free, as they are based on actual transaction data from secure lending markets. This shift from a credit-sensitive rate to a risk-free rate could have significant implications for the pricing and risk management of financial products.

Adding to the complexity is the absence of term structures in the new RFRs. While LIBOR is quoted for different maturities, most RFRs are overnight rates. The development of term rates based on RFRs is still in progress, and until these are widely available and accepted, the transition will remain a challenge.

The impact of the transition extends to various financial sectors and products. From securities, where LIBOR is deeply embedded, to syndicated loans and adjustable-rate mortgages that reference LIBOR, the transition will require significant adjustments. Market participants will need to adapt to new pricing mechanisms, risk management tools, and system changes, all while ensuring minimal disruption to financial markets.

Potential Solutions and Strategies for the Transition

Despite the challenges, the financial world is not walking without a light in this dark transition. Several solutions and strategies are being developed and implemented to navigate the shift from LIBOR. A key part of the solution lies in the development of alternative RFRs.

In the U.S., the Federal Reserve has endorsed the Secured Overnight Financing Rate (SOFR) as the replacement for U.S. dollar LIBOR. SOFR is based on actual transactions in the Treasury repurchase market, making it a more robust and reliable benchmark.

In the UK, the Bank of England has identified the Sterling Overnight Index Average (SONIA) as the preferred alternative to the sterling LIBOR.

These RFRs, along with others being developed around the world, are set to play a pivotal role in the post-LIBOR era.

Another crucial strategy for the transition is the incorporation of robust fallback language in financial contracts. Fallback provisions outline the steps to be taken and the replacement rate to be used if LIBOR ceases to exist. The International Swaps and Derivatives Association (ISDA) has developed a standard fallback protocol, which many market participants have agreed to, providing a clear path for the transition in derivative contracts.

Technology and data also hold the key to managing the transition effectively. Financial institutions are leveraging technology solutions to identify and analyze LIBOR exposure in their contract portfolios. Advanced analytics, fintech solutions and AI are being used to extract and review contractual terms at scale, enabling institutions to manage the transition in a more efficient and risk-controlled manner.

The transition from LIBOR is undoubtedly a complex and challenging process. However, with the right strategies and solutions in place, the financial world can successfully navigate the shift and emerge with a more transparent and robust benchmarking system.

The Impact of the Transition on Global Financial Markets

The ripples of the transition from LIBOR are being felt across global financial markets. This is leading to significant changes and potential disruptions.

One of the most profound impacts is the change in market risk profiles. The shift from LIBOR, a credit-sensitive rate, to nearly risk-free rates changes the dynamics of interest rate risk.

Financial institutions will need to review their risk management strategies. This is because the new rates do not reflect bank credit risk. These rates could also behave differently from LIBOR under various market conditions.

The transition also has a significant effect on interest-rate products and securities. LIBOR is deeply embedded in these markets. Its replacement will require adjustments in pricing, valuation, and risk management of these products. For instance, the shift to SOFR in the U.S. will have effects. It could affect the pricing of interest rate swaps. This is because SOFR tends to be lower than LIBOR due to its nearly risk-free nature.

Moreover, the transition carries the potential for market disruption and legal disputes. The modification of legacy contracts to replace LIBOR could be problematic. It could lead to disagreements over the choice of replacement rate. The adjustment spread might also be a point of contention. This could potentially result in lawsuits. There’s also the risk of market fragmentation. Different jurisdictions or market segments might choose different replacement rates.

The Role of Regulatory Bodies and Financial Institutions in the Transition

Read the full article at: https://dsb.edu.in/understanding-the-challenges-of-moving-from-libor-navigating-the-tides/?utm_source=Tumblr&utm_medium=Tumblr&utm_campaign=Tumblr+LIBOR

[stockmarketknowledge]

What is Future and Option?

Futures and options are two types of financial derivatives that derive their value from an underlying asset, such as stocks, commodities, currencies, or indices. They are commonly used for hedging, speculation, and risk management in financial markets. Here's an overview of futures and options:

Futures Contracts:

Definition: A futures contract is a standardized financial contract between two parties, the buyer (long) and the seller (short), to buy or sell an underlying asset at a predetermined price (the futures price) on a specified future date.

Obligations: Futures contracts obligate both parties to fulfill the contract's terms. The buyer agrees to purchase the underlying asset, and the seller agrees to deliver it at the specified future date.

Underlying Assets: Futures contracts can be based on a wide range of assets, including commodities (e.g., oil, gold), financial instruments (e.g., stock indices, interest rates), and currencies.

Standardization: Futures contracts are highly standardized in terms of contract size, expiration date, and quality of the underlying asset. This standardization allows for easy trading on organized futures exchanges.

Leverage: Futures contracts typically require a relatively small initial margin deposit, which allows traders to control a more substantial position size. This leverage can amplify both gains and losses.

Mark-to-Market: Futures positions are marked to market daily, meaning that profits and losses are settled daily based on the current market price. This mechanism helps ensure that both parties can meet their obligations.

Common Use: Futures contracts are commonly used by traders for speculative purposes and by businesses to hedge against price fluctuations in the underlying asset.

Options Contracts:

Definition: An options contract gives the holder (the buyer) the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a predetermined price (the strike price) on or before a specified expiration date.

Obligations: Options give the holder the choice to exercise the contract, but they are not obligated to do so. The seller (writer) of the option is obligated to fulfill the terms if the holder decides to exercise.

Underlying Assets: Options can be based on a variety of underlying assets, including stocks, stock indices, commodities, and currencies.

Flexibility: Options provide flexibility to traders and investors. Call options allow for potential profit from price increases, while put options can be used to profit from price declines or as a form of insurance (hedging).

Standardization: While there are standardized options contracts on organized options exchanges, there are also over-the-counter (OTC) options that can be customized to meet specific needs.

Premium: The buyer of an options contract pays a premium to the seller. This premium is the cost of purchasing the right but not the obligation to buy or sell the underlying asset.

Common Use: Options are commonly used for hedging, income generation, and speculation. They offer strategies like covered calls, protective puts, and straddles, among others.

If you want to learn more about trading then join Investingdaddy.com

In summary, futures and options are financial derivatives used for various purposes in financial markets. Futures contracts involve an obligation to buy or sell an underlying asset at a future date, while options contracts provide the right, but not the obligation, to do so. Both derivatives can be valuable tools for managing risk and achieving specific financial objectives. However, they also come with their own complexities and risks, so it's important for individuals to have a clear understanding of how they work before trading or investing in them.

[summitmining]

Profit withdrawals 💵💸💰

Invest now!!!!!

[birdsoftwaresolutions]

G20 president India, has published its input in framing Global crypto regulations. This comes days after the Supreme Court of India addressed the Central Government for lack of any regulation for cryptocurrencies and investors being riskedIndia has been acting as the forerunner stating the need for a regulatory framework for cryptocurrency at the last G20 summit.

[jvtrade]

🙏 आपका स्वागत है 🙏

👉 जेवी ट्रेड में

👉 विश्वसनीय प्लेटफॉर्म के साथ व्यापार शुरू करें

👉 ऑनलाइन और ऑफलाइन ट्रेडिंग उपलब्ध

👉 निवेश करें - MCX || NSE || NCDEX || FOREX || COMEX ALL CRYPTO CURRENCY मात्र 4999/- में ट्रेडिंग शुरू करें

[pankajfinance]

Best Cryptocurrency Trading Platform in India 2024 | Top Exchanges Reviewed

Find the best cryptocurrency trading platform in India with our expert reviews. Compare top exchanges for features, security, and fees to choose the ideal platform for your crypto trading needs. Read our detailed guide now!

Reach Out At:-info@financeconductor.com

[mitskillsindia]

[technoplay]

Unleash the Power of OYORI: Earn $100k in Matic with this Revolutionary dApp.

Are you ready to tap into the potential of OYORI, the groundbreaking decentralized application platform built on the Polygon Chain? With OYORI's native token, OYO, you have the opportunity to earn a staggering $100,000 worth of Matic. In this article, we'll delve into the incredible benefits of OYO and show you how to buy and utilize this game-changing token.

Discovering OYORI

The Future of Decentralized Applications OYORI, powered by the Polygon Network, introduces a self-contained blockchain ecosystem. This high-performance platform offers a wide range of services, all consolidated within a single application. At the heart of OYORI lies the OYO Token, a unique cryptocurrency that rewards holders with MATIC based on the number of tokens owned.

Earn "Free" MATIC with OYO Token Once you acquire OYO tokens, you become part of a rewarding system. Every transaction involving OYO tokens, whether it's buying, selling, or swapping, triggers the distribution of MATIC directly to OYO holders. This means that simply by holding OYO tokens, you will start earning MATIC, and the more tokens you own, the greater your rewards. The transparency, security, and trustworthiness of this exchange and token are guaranteed by an open-source smart contract implemented on the POLYGON Chain.

Understanding the OYO Token As the official native token of OYORI, OYO brings a self-generating income mechanism to its smart contract holders. This community-driven project distributes and pays out MATIC to members based on specific criteria. To acquire OYO tokens, you can use MATIC within the Oyori dApp on Trustwallet or MetaMask.

Unleashing the Power of OYO

The Advantages By purchasing OYO tokens using MATIC, you benefit from potential price increases, providing you with flexibility and the ability to sell your OYOs at any time. The advantages of OYO go beyond its price appreciation, as OYO holders also receive MATIC coin dividends. Unlike locked-in accounts, OYO ensures that you have continuous access to your earnings.

Unlocking Passive Income Potential

The future of MATIC reflection token ecosystems is here, and OYO holders stand to gain significant passive benefits. With each transaction, a 10% tax fee is distributed fairly among all existing token holders based on their OYO volume in their wallets. This includes marketing funds, a liquidity pool, and a rewards pool for all OYO holders. OYO's aim is to foster a "hold and earn" culture, relieving the pressure to sell. Through smart contract procedures, token distribution is automated, giving holders control over their wallets.

Massive Passive Income Opportunities One of the key advantages of OYORI is the potential for massive passive income. By referring others to the platform or simply holding OYO tokens, you can earn substantial profits. The referral system offers various income levels, with different percentages assigned to each level. By recommending OYORI to others, you can tap into the power of this lucrative system.

The Lifetime Royalty Club

A Path to Continuous Income Joining the Lifetime Royalty Club presents an exceptional opportunity to earn continuous income. This royalty system is divided into three tiers: Green Club, Yellow Club, and Blue Club. Each tier offers different royalty percentages based on specific criteria. By meeting the requirements and becoming a member of the Lifetime Royalty Club, you secure ongoing benefits.

How to Buy OYO Token To purchase OYO tokens,

You need to download Trustwallet or MetaMask and utilize the Polygon Network.

Once you have transferred your MATIC into your wallet, visit Trustwallet's dApps section and follow the provided link..https://oyori.io/home/purchase/0x290d207fccf6bd69c6d078d18df5aa307c9d13b4

Confirm that you are connected to the Polygon Network and proceed to deposit and register your MATIC.

Congratulations! You are now a proud owner of OYO tokens, ready to receive daily dividends.

A Promising Opportunity for MATIC Enthusiasts OYORI presents a brand-new project filled with immense potential. Don't miss out on the chance to accumulate substantial amounts of MATIC. Remember, always conduct thorough research and analysis before making any investments. While we strive for accuracy in our information, please be aware that incidental errors and misprints may occur.

If you have any questions or require assistance, feel free to reach out to us on Telegram. Take the first step towards a prosperous future with OYORI and OYO Token.

[delhi-school-of-business]

Understanding Cryptocurrency: Valuation, Blockchain and Workings

What Is Cryptocurrency?

Cryptocurrency is a kind of digital asset utilizing cryptography’s advanced encryption techniques to protect transactions and control the creation of new units. It functions independently from central banks and serves various purposes, including online shopping, investing, and even as a store of value.

These digital currencies operate on a decentralized network supported by a user community. This network is commonly known as a blockchain, a digital ledger of all transactions related to a particular cryptocurrency.

How Does It Work?

When a user initiates a transaction, the network of users broadcasts it to verify the transaction and include it in the blockchain. This process, called mining, involves solving intricate mathematical problems to authenticate the transaction and generate new cryptocurrency units.

Once a transaction is verified, it is added to a block, which is subsequently added to the blockchain. Each block in the chain carries a unique code or hash, produced through a cryptographic function. This ensures that each block is connected to the previous one in the chain, rendering the blockchain tamper-proof and secure. This process demands substantial energy and computing power, resulting in high production costs.

Understanding Blockchain:

Blockchain is a decentralized record-keeping ledger that securely and transparently logs transactions. It uses cryptography to protect and validate transactions before adding them to the blockchain as blocks. Once added, blocks cannot be altered or deleted, making the ledger secure and resistant to tampering.

Imagine blockchain as a towering stack of Lego bricks. Each block lists transactions, representing a Lego piece, and every block is connected to the one beneath it, just like a Lego stacked over another. Once added, blocks cannot be removed or modified, similar to how a Lego piece in the middle of the stack cannot be removed or changed once connected.

Various types of blockchain technologies exist, including public, private, and hybrid blockchains. Public blockchains, such as Bitcoin, are open to everyone, while private blockchains are restricted to specific users or organizations. Hybrid blockchains incorporate features from both public and private blockchains.

How Is Cryptocurrency Valued?

The market’s supply and demand dynamics determine a cryptocurrency’s value, much like any other asset. When more people buy than sell, the price increases, and when more people sell than buy, the price decreases.

Several factors influence their values. Adoption rates are crucial in determining a cryptocurrency’s value. As more people use a cryptocurrency, its demand increases, driving up the price. Market sentiment also affects cryptocurrency value, with positive sentiment leading to higher prices and negative sentiment leading to lower prices. Regulatory changes, technological advancements, and competition from other cryptocurrencies and traditional currencies can impact cryptocurrency value. It’s essential to research and understand these and other factors thoroughly before investing in cryptocurrencies.

Journey of Cryptocurrency in India

Cryptocurrency has evolved significantly in India since its inception. The Reserve Bank of India issued a warning against using cryptocurrencies in 2013, but the government didn’t officially declare cryptocurrencies as non-legal tender until 2018. Despite this, the cryptocurrency industry continued to grow in India, with many individuals and companies investing in it.

In 2021, the government proposed a new Crypto Bill that would effectively ban all private cryptocurrencies and establish a central bank digital currency (CBDC) called DigiRupee. However, the bill hasn’t been passed into law yet, and various stakeholders oppose it.

In 2022, the government proposed a new Finance Bill that includes a flat 30% tax

on the transfer of virtual assets, including NFTs and cryptocurrencies. To accommodate this, a new Section 115BBH was added to the Income-tax Act, 1961.

As a result, there is now a 30% tax, plus a surcharge and cess on the transfer of any virtual digital asset (VDA) such as Bitcoin or Ethereum under the Income Tax Act, of 1961. However, the legal status of cryptocurrencies remains uncertain.

Currently, cryptocurrencies in India are unregulated. The government has, however, started cracking down on illegal activities involving cryptocurrencies, such as money laundering and tax evasion.

Despite the ambiguity surrounding cryptocurrencies in India, many believe they have the potential to revolutionize the financial industry in the country. Cryptocurrency adoption could lead to increased financial inclusion and access to financial services for millions of people.

The Fall of FTX

The fall of FTX, a cryptocurrency exchange, has raised concerns about the stability and regulation of the cryptocurrency market. FTX filed for bankruptcy due to insufficient reserves to meet customer demand. The collapse has also affected academia, depriving researchers of grants and raising fears of forced repayment. Despite this setback, cryptocurrency continues to evolve globally, including in India, where the legal status of cryptocurrencies remains uncertain. Bitcoin, Ethereum, Dogecoin, and Binance Coin are some of the notable cryptocurrencies that have impacted the industry. Bitcoin and Ethereum differ in purpose and supply, but both are decentralized and rely on secure, transparent blockchains.

Downfall of Cryptocurrency

In 2022, the cryptocurrency market faced another major downturn, with many leading cryptocurrencies experiencing substantial drops in value. For example, Bitcoin, the largest and most well-known cryptocurrency, saw its value fall by over 50% from its all-time high in November 2021. Ethereum, another popular cryptocurrency, saw a similar decline, falling by approximately 40% from its peak. The total market capitalization of the cryptocurrency market also suffered a significant decline, losing over $1 trillion in value. Despite these setbacks, the industry continues to grow and evolve, with many investors and enthusiasts remaining optimistic about the potential of cryptocurrencies to revolutionize the financial landscape. As with any emerging market, it is important for investors to stay informed and understand the risks involved in investing in cryptocurrencies.

Notable Cryptocurrencies

1. Bitcoin: The first and most popular cryptocurrency, created in 2009 by an anonymous person/group using the pseudonym Satoshi Nakamoto. It operates on a decentralized network and uses a proof-of-work consensus algorithm.

2. Ethereum: a platform that operates in a decentralized manner and allows developers to build decentralized applications and execute smart contracts. Created in 2015 by Vitalik Buterin, it uses a proof-of-stake consensus algorithm and its own programming language, Solidity.

3. Dogecoin: A meme-inspired cryptocurrency created in 2013 by Billy Markus and Jackson Palmer. It features the Shiba Inu dog from the famous “Doge” meme and has gained a large following due to its community-driven and lighthearted nature

4. Binance Coin: A cryptocurrency created by the Binance exchange in 2017 means of exchange, while Ethereum was created as a platform for decentralized applications and smart contracts. This difference has resulted in the two cryptocurrencies having specific use cases and valuations.

Bitcoin vs Ethereum: Which one is Better?

Bitcoin and Ethereum are two renowned cryptocurrencies that have significantly impacted the development of the crypto industry. They differ in purpose and supply, but both are decentralized and rely on secure, transparent blockchains. Their values are driven by market forces and are prone to price changes.

Bitcoin utilizes a public blockchain, allowing anyone to join the network by running a node or mining Bitcoin. Transactions are confirmed by a network of nodes that verify the transaction and add it to the blockchain, creating a distributed ledger that records all Bitcoin transactions, ensuring security and transparency.

Ethereum, on the other hand, operates on a blockchain that enables developers to create decentralized applications and smart contracts. These applications function on the Ethereum Virtual Machine (EVM), a decentralized platform that runs code on the blockchain.

While Bitcoin was primarily designed as a store of value and medium of exchange, Ethereum was developed as a platform for decentralized applications and smart contracts. This distinction leads to different use cases and valuations for the two cryptocurrencies.

Bitcoin has a limited supply of 21 million coins, projected to be mined by 2140. In contrast, Ethereum’s supply is unlimited, with new coins generated through mining.

Despite their differences, Bitcoin and Ethereum share some common ground. Both are decentralized and function on secure, transparent blockchains. They are also subject to market dynamics, with their values determined by supply and demand.

In recent years, both cryptocurrencies have experienced notable price fluctuations. For instance, Bitcoin hit an all-time high of nearly $64,800 in April 2021, only to face a sharp decline in the following months. Likewise, Ethereum reached an all-time high of over $4,815 in November 2021 before undergoing a correction as well. Currently, the value of Bitcoin is $28,143 and Ethereum is $1,877.19.

Read more at: https://dsb.edu.in/understanding-cryptocurrency-valuation-blockchain-and-workings/?utm_source=Tumblr&utm_medium=Tumblr&utm_campaign=Cryptocurrency