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While the Indian Government is about to bring a law that would prohibit the usage of private cryptocurrencies, many investors across the country are panicked about their holding positions and whether they should sell their tokens or not. This confusion arose because of a draft that mentioned the announcement of Government CBDC and the prohibition of all private cryptocurrencies. As you can see in the image above, it is unclear what the government exactly means…

People often fear by the name of Bitcoin as some scam or Ponzi scheme but recently, we saw some big investments in Bitcoin from Twitter CEO Jack Dorsey. The company Square, a payments company owned by the CEO of Twitter, invested 1% of it’s asset in Bitcoin essentially buying 4709 Bitcoins worth $50 Million. JP Morgan calls it as a strong vote of confidence in the cryptocurrency market for Square. To explain why this investment…