India’s Anti-Bitcoin Sentiments Cause Crypto Panic: BTC Drops Almost 10% and Crypto Market Plummets

India’s Anti-Bitcoin Sentiments Cause Crypto Panic: BTC Drops Almost 10% and Crypto Market Plummets

India’s anti-Bitcoin sentiments have caused a crypto-wide panic to spread around the world. The country’s finance minister Arun Jaitley announced during the budget speech today that cryptocurrency was not considered legal tender in India. When the news broke, people immediately began blowing his words out of proportion. Jaitley stated that the Indian government “will take…

Blockchain Technologies Are Flourishing But What About Cryptocurrencies?

Blockchain Technologies Are Flourishing But What About Cryptocurrencies?

The Blockchain Revolution: Blockchain technologies are changing businesses around the globe. Professional services, banking institutions, technology companies, resource industries and discrete manufacturing industries are expected to invest significantly – according to reports, spending from companies on blockchain networks are expected to double this year. Compared to last year, the blockchain revolution is gaining momentum.