Mediaboss Marketing

The India cryptocurrency market is estimated to cross US$ 250 million by 2023 and is expected to grow at a significant CAGR of over 9.2% over the forecast period of 2023-2028.

The increasing awareness of cryptocurrencies among the Indian population and the growing popularity of blockchain technology, which is the underlying technology of cryptocurrencies are some of the primary growth factors for the market. The government's positive stance on cryptocurrencies is evidenced by the recent Supreme Court ruling that struck down a ban on cryptocurrency trading.

Moreover, the growth of DeFi is also fueling the market growth. DeFi is a rapidly growing sector of the cryptocurrency market that is using blockchain technology to create new financial products and services. DeFi applications are typically decentralized, meaning that they are not controlled by any central authority. This makes them more secure and transparent than traditional financial products. The growth of DeFi is expected to drive the adoption of cryptocurrencies in India, as more and more people look for alternative financial products.

The increasing interest from institutional investors, such as hedge funds and pension funds, is starting to take an interest in cryptocurrencies. This is due to the increasing volatility of the cryptocurrency market, which has the potential to generate high returns for investors. The increasing interest from institutional investors is expected to further legitimize the cryptocurrency market and attract more investors to the space.

Further, the development of new regulations in India has also shaped the regional cryptocurrency scenario in recent times. The Indian government is currently developing new regulations for the cryptocurrency market. These regulations are expected to provide clarity for businesses and individuals who are involved in the cryptocurrency space. The development of new regulations is expected to boost the growth of the cryptocurrency market in India.

According to a deep-dive market assessment by RationalStat, the India cryptocurrency market has been analyzed on the basis of market segments, including type, product type, end use, and geography/regions (incl. North India, West & Central India, East India, South India). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2028.

Market intelligence for the India cryptocurrency market covers market sizes on the basis of market value (US$/EUR Million) and volume (000 units/tons/liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

In addition, the long-term sector and products/services 10-year outlook and its implications on the sector. It also includes the industry's current state Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, and insights, etc.

The cryptocurrency market report analyzes the market on the basis of global economic situations, regional geopolitics, import-export scenarios, trade duties, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity addition, technological advancements, R&D investments, and new market entry, replacement rates, penetration rates, installed base/fleet size, global and regional production capacity, among others.

RationalStat offers market analysis and consulting studies on the basis of dedicated and robust desk/secondary research supported by a strong in-house data repository. In addition, the research leverages data based on the real-time insights gathered from primary interviews. Market estimations and insights are based on primary research (covering more than 240 entities) and secondary research by leveraging international benchmarking.

The India cryptocurrency market report also covers value chain and supply chain analysis that provides in-depth information about the value chain margins and the role of various stakeholders across the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

In the competition analysis section, the India cryptocurrency market provides a detailed competition benchmarking analysis based on the market share of the leading companies/brands/producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

Explore more about this report - Request for Sample and Scope of the Study

In the latest RationalStat analysis, geopolitical conflicts and inflation are the cited economic risks, while concerns about the volatility across energy sectors prevail in Europe and other parts of the world. Some of the potential risks to the economic growth in the leading regions, including Asia Pacific, Europe, North America, the Middle East & Africa, and other developing regions, are inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates, and COVID-19 pandemic.

The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdued growth, while other countries continued to grapple with economic slowdowns. The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

In addition to this, the global economic growth slowed in 2022 to 3.3%, weaker than expected at the end of 2021, mainly weighed down by Russias war in Ukraine and the associated cost-of-living crisis in many countries. However, improvement in economic activities during the forecast period is expected. Growth is projected to remain at lower rates in 2023 and 2024, at 2.6% and 2.9% respectively.

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the India cryptocurrency market include,

Some of the prominent players that contribute significantly to the cryptocurrency market growth include Bitmain Technologies Ltd, Intel Corporation, Ripple Labs, Inc., BitGo Inc., Coinbase, CoinDesk.com, Ethereum Foundation, Bitfury Group Limited, Nvidia Corporation among others.

RationalStat has segmented the India cryptocurrency market based on type, product type, end use and region

For more information about this report

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the clients needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

Kimberly Shaw, Content and Press Manager RationalStat LLC [emailprotected] Phone: +1 302 803 5429

See more here:

India Cryptocurrency Market Analysis and Forecast, 2023-2028 - Digital Journal

When people exchange cryptos in exchange for a price difference it is called Slippage. Usually, the difference is a few hundred dollars. But a good difference is made when large funds are handled.

However, Binance US is listing tokens at a lower price than usual. For example, ETH is $200 lower than normal. Why is this happening? In this article, well discover which factors are contributing to this intriguing market trend.

One of the key reasons for the lower cryptocurrency prices on Binance US lies in regulatory compliance. Binance US operates within the strict regulatory framework imposed by U.S. authorities. This includes adhering to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. This contributes to increased transparency and accountability.

The implementation of robust compliance measures enables Binance US to attract institutional investors and retail traders who prioritize compliance and regulatory clarity. Consequently, the exchange benefits from a larger pool of liquidity, which ultimately influences cryptocurrency prices. Higher liquidity means a higher trading volume, leading to narrower bid-ask spreads and, potentially, lower prices.

Cryptocurrency markets are decentralized, allowing traders to take advantage of geographical arbitrage opportunities. Geographical arbitrage refers to profiting from the price differences of an asset in different regions. Although the price of cryptocurrencies is largely determined by global market forces, regional variations in supply, demand, and liquidity can lead to price discrepancies.

Due to its jurisdictional limitations, Binance US has a distinct market separate from its global counterpart, Binance.com. So, market inefficiencies can arise between these two platforms, creating opportunities for traders to exploit price differences. As arbitrageurs exploit these opportunities, prices tend to converge over time, leveling out the discrepancies. However, market inefficiencies can persist for various reasons, such as regulatory restrictions and differing user bases, leading to lower prices on Binance US.

The availability of trading pairs and exchange offerings also plays a role in the price differences across cryptocurrency exchanges. Each exchange has its unique set of trading pairs, which are essentially the combinations of cryptocurrencies that can be traded against one another. The variety of trading pairs on an exchange affects liquidity, trading volume, and ultimately, the price.

Binance US, being a U.S.-based exchange, must comply with local regulations and listing standards. As a result, the selection of trading pairs may differ from other global exchanges, including its parent platform, Binance.com. The limited range of trading pairs on Binance US can impact liquidity and demand for certain cryptocurrencies, potentially leading to lower prices compared to exchanges offering a broader array of options.

The competitive landscape among cryptocurrency exchanges also contributes to price disparities. To attract users and encourage trading activity, exchanges often employ different fee structures and promotional incentives. These factors can influence traders decisions on where to execute their trades, thus affecting liquidity and prices.

In an effort to establish a foothold in the highly competitive U.S. market, Binance US has introduced attractive fee structures, discounted trading fees, and other incentives to incentivize traders. By offering more favorable terms, Binance US aims to attract a larger user base, boost liquidity, and maintain lower prices relative to its competitors.

The lower cryptocurrency prices observed on Binance US compared to other exchanges can be attributed to a combination of factors. Regulatory compliance and adherence to KYC/AML standards enhance transparency and attract institutional investors, thus increasing liquidity and potentially leading to lower prices. Geographical arbitrage opportunities and market inefficiencies can persist due to jurisdictional restrictions, resulting in price discrepancies. The selection of trading pairs and exchange offerings also affects liquidity and demand, influencing prices. Additionally, competition among exchanges, with varying fee structures and incentives, plays a significant role.

As the cryptocurrency market continues to evolve and regulatory landscapes evolve, it is essential to keep a close eye on the factors contributing to price differences across exchanges. By understanding the dynamics behind these disparities, traders and enthusiasts can make informed decisions while navigating the exciting and often volatile world of cryptocurrencies.

For more cryptocurrency news, check out theAltcoin BuzzYouTube channel.

Our popularAltcoin Buzz Accessgroup generates tons of alpha for our subscribers. And for a limited time, its Free. Click the link and join the conversation today.

View original post here:

Why Cryptocurrency Prices are Lower on Binance US? - Altcoin Buzz

Investor alert: SQB.

REGINA The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns investors of the online entity SQB.

"We continue to encourage investors to verify that entities selling investment opportunities are registered as required by legislation," says Dean Murrison, executive director of the Securities Division with the FCAA. "Registration status can be easily checked through the Canadian Securities Administrators' database at aretheyregistered.ca."

SQB claims to offer Saskatchewan residents an opportunity to invest in cryptocurrencies and contracts for difference (CFDs) through the websitehttps:// www sqbank ai (this url has been altered so as not to be interactive).

SQB is not registered to trade or sell securities or derivatives in Saskatchewan.The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses.

If you have invested with SQB or anyone claiming to be acting on their behalf, contact the FCAA's Securities Division at 306-787-5936.

In Saskatchewan, individuals or companies need to be registered with the FCAA to trade or sell securities or derivatives. The registration provisions ofThe Securities Act, 1988and accompanying regulations are intended to ensure that only honest and knowledgeable people are registered to sell securities and that their businesses are financially stable.

Tips to protect yourself:

Read the original here:

Beware of cryptocurrency scams: FCAA warns against SQB - SaskToday.ca

Summary

LEASH and Shiba Inu (SHIB) have gained attention as top-trending cryptocurrencies on CoinMarketCaps list. The Shiba Inu ecosystem is introducing a new governance structure, assigning specific roles to SHIB, LEASH, BONE, and TREAT tokens. Anticipation is growing for the potential launch of Shibarium, which has boosted the social dominance of SHIB and LEASH tokens.

LEASH and Shiba Inu (SHIB) have emerged as popular cryptocurrencies on CoinMarketCap. LEASH holds the top position, while SHIB ranks second among the top five trending cryptocurrencies. The recent surge in SHIBs social dominance has contributed to its growing popularity. Additionally, discussions surrounding the upcoming launch of Shibarium have further fueled attention towards SHIB and LEASH.

LEASH and Shiba Inu (SHIB) have gained attention as top-trending cryptocurrencies. The introduction of a new governance structure for the Shiba Inu ecosystem, along with discussions surrounding the potential launch of Shibarium, has contributed to the increased social dominance of SHIB and LEASH. These developments have sparked fresh interest in both tokens and are generating anticipation among cryptocurrency enthusiasts.

Read the original post:

"Shiba Inu and LEASH: The Rising Stars of Cryptocurrency" - Geeks World Wide

Cryptocurrencies have revolutionized the financial landscape, providing a decentralized and secure way to transfer value. Over the years, numerous cryptocurrencies have emerged, each with its unique features and potential. One such promising cryptocurrency that has been making waves in the market is Chia (XCH). In this article, we will explore the future of Chia and its potential impact on the cryptocurrency market. Join the ranks of successful crypto traders by leveraging the features and capabilities of Immediate Bitcoin, a reliable platform for achieving your trading goals.

Chia is a relatively new cryptocurrency that was introduced in 2021 by Bram Cohen, the creator of BitTorrent. Its main objective is to provide a more environmentally friendly alternative to traditional cryptocurrencies such as Bitcoin. Unlike Bitcoin, which relies on energy-intensive mining processes, Chia employs a consensus mechanism known as proof-of-space and proof-of-time.

The Chia Network operates on a concept called farming, where users dedicate their unused hard drive space to participate in the network and secure the blockchain. This innovative approach has attracted attention due to its low energy consumption and reduced carbon footprint. As concerns regarding the environmental impact of cryptocurrencies continue to grow, Chia emerges as an appealing solution.

By leveraging the unused storage space on users hard drives, Chia eliminates the need for resource-intensive mining rigs and power-hungry computations. Instead, the network utilizes the available disk space to store cryptographic proofs, which are used to validate transactions and secure the Chia blockchain. This proof-of-space approach not only reduces energy consumption but also contributes to a more sustainable cryptocurrency ecosystem.

Furthermore, Chias proof-of-time mechanism complements the proof-of-space consensus. It introduces an element of time, ensuring that farmers have invested a certain duration of real-world time in their contribution to the network. This mechanism adds an additional layer of security and makes the Chia blockchain resistant to potential attacks.

With its environmentally friendly approach, Chia has gained attention from both cryptocurrency enthusiasts and individuals concerned about the ecological impact of digital currencies. It offers an alternative that aligns with the growing global focus on sustainability and energy efficiency.

It is worth noting that as Chia continues to develop and gain adoption, it is important to monitor and evaluate its impact on the environment. While it presents a promising solution to the energy consumption challenges associated with cryptocurrencies, ongoing research and assessment are crucial to ensure its long-term sustainability and environmental benefits.

One of the key factors driving the interest in Chia is its focus on environmental sustainability. With the increasing popularity of cryptocurrencies, concerns regarding their energy consumption have become more prevalent. Chias use of proof-of-space and proof-of-time consensus mechanism significantly reduces energy consumption compared to traditional mining. This makes Chia an attractive option for environmentally conscious investors and cryptocurrency enthusiasts.

Chias farming mechanism offers greater accessibility to a wider range of users. Unlike Bitcoin mining, which requires specialized and expensive hardware, Chia farming only requires unused hard drive space. This opens up the possibility of participation to a larger demographic, promoting inclusivity within the cryptocurrency space.

Chias unique approach to consensus mechanism ensures robust security and scalability. The proof-of-space and proof-of-time algorithm offers enhanced protection against potential attacks, making the network more resilient. Additionally, Chias scalability potential allows for efficient transactions, making it a viable option for day-to-day use.

Beyond its role as a digital currency, Chia has the potential to enable various innovative applications. Smart contracts, decentralized finance (DeFi), and secure data storage are just a few examples of the possibilities that Chia can unlock. With its sustainable and efficient infrastructure, Chia could foster the development of new decentralized applications, further expanding the cryptocurrency ecosystem.

As Chia gains traction in the cryptocurrency market, various businesses and organizations are starting to explore its potential. Partnerships and collaborations with established companies can accelerate Chias adoption and drive its value. These alliances can bring increased liquidity and stability to the Chia network, making it a compelling investment opportunity.

Chias unique approach to consensus mechanism, focus on environmental sustainability, and potential for diverse applications make it an intriguing cryptocurrency for the future. While it is still in its early stages, Chia has already captured the attention of investors and enthusiasts alike. Its eco-friendly nature, accessibility, and scalability set it apart from other cryptocurrencies, positioning it as a viable contender in the digital asset space.

As the cryptocurrency market continues to evolve, Chias impact and influence are expected to grow. Its potential to disrupt traditional financial systems and offer innovative solutions make it an asset to watch closely. The future of Chia holds promise, and its development and adoption will undoubtedly shape the cryptocurrency market in the years to come.

Like Loading...

See the article here:

The Future of Chia (XCH) and its Potential Impact on the ... - Tekedia