A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.
The rise of cryptocurrency is a keenly watched economic trend in the pandemic-hit financial world.Crypto transactions gained momentum in India too after the Supreme Court, in 2020, overturned the Reserve Bank of India’s 2018 order that banned financial institutions from crypto transactions.
But the government of India recently announced that it has planned to move a Bill regulating private cryptocurrency in India during the upcoming winter session of the Parliament. The decision, which was announced in a Lok Sabha bulletin, has sparked a ripple effect in the cryptocurrency market, as Bitcoin, Ethereum, Solana, Dogecoin prices crashed in the country.
All crypto investors are in panic as they don’t know what would happen to their money. So Acharya Salil astrologically analyse the charts which was formed when first cryptocurrency comapnt registered in Panama in 2008, to determine the future of it in World and India.
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