Blog of Erin Dougan
May 2024
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Crypto In India: Here’s What You Need to Know
India is relatively new to cryptocurrencies compared to the first world countries. It’s fair to say that crypto is in its infancy here. But the demand is growing exponentially and people, especially the younger generation, are getting more and more invested in this revolutionary form of finance.
If you live in India or one of its neighbouring countries and are wondering about what the crypto scene is like in this region, this post is for you. We’ll go over all the pertinent details you need to know. -
Stormy Crypto May
The cryptocurrency market suffered a setback earlier this month, with Bitcoin falling more than 20% from a $73,750 high in March to $56,700 on May 1. This sparked a sharp selloff in altcoins, with dips of up to 40% recorded in the 24-hour timeframe. Ethereum, the largest altcoin, fell by more than 15% from its yearly highs and slipped below the critical $3,000 level.
While some analysts assured that shakeouts like this are normal during a bull run, others raised concerns about increased volatility and downside risks. The market has since made a recovery, with Bitcoin trading above $63,600 at the time of press (May 6) and Ethereum hovering above $3100.
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Latest posts
- 1 Bitcoin Will Be Back 28/01/2025
- 2 Safe Financial Transfers and Online Earnings in 2025 21/01/2025
- 3 The First News of January 14/01/2025
- 4 Results of the 2024 Crypto Year. Part Two 31/12/2024
- 5 Results of the 2024 Crypto Year. Part One 24/12/2024
- 6 When to Expect the Alt Season 17/12/2024
- 7 Crypto In Kenya: Here’s What You Need to Know 26/11/2024
- 8 Bitcoin Won! 19/11/2024
- 9 The Most Important Moment of the Crypto Year 12/11/2024
- 10 “Money Electric” Sparks Controversy and Market Ripples 22/10/2024
- 11 Real Asset Tokenization. From Bonds to Real Estate on the Blockchain 15/10/2024
- 12 DePIN: How Blockchain is Changing the Internet and Cloud Technologies 08/10/2024
- 13 Why Did Bitcoin Halving Fail to Meet Expectations? 17/09/2024
- 14 Is September really the Worst Crypto Month? 10/09/2024
- 15 Crypto You Need To Keep An Eye On In The Fall 03/09/2024
- 16 Sei Network: High-Speed Blockchain For The Future Of Defi And Gaming 30/07/2024
- 17 Crypto Adoption in Developing Countries 23/07/2024
- 18 Cybersecurity in the Crypto World 16/07/2024
- 19 How the Crypto Industry Solves Environmental Challenges 29/06/2024
- 20 The Role of AI in Crypto Trading 24/06/2024
- 21 Results of Spring. Expectations from Summer 17/06/2024
- 22 Crypto In India: Here’s What You Need to Know 21/05/2024
- 23 Stormy Crypto May 07/05/2024
- 24 Epic Satoshi or a Block for $1 Million 23/04/2024
- 25 What is The Right Way to Be a Crypto Holder? 16/04/2024
- 26 The Most Important Crypto Events of April 09/04/2024
- 27 Top 5 Crypto Exchanges of 2024 01/04/2024
- 28 History is Being Made Now 19/03/2024
- 29 Crypto Opportunities: A Global Overview 12/03/2024
- 30 The Origins of Crypto. Who is Behind the Founding of Bitcoin? 05/03/2024
- 31 The Decade-Long Journey of Spot Bitcoin ETFs 20/02/2024
- 32 Future Bitcoin Halving 13/02/2024
- 33 Crypto Exchanges in South and Central America 06/02/2024
- 34 Crypto mining these days 23/01/2024
- 35 Bitcoin in 2024 16/01/2024
- 36 CRYPTO & PHILIPPINES 09/01/2024
- 37 Money transfers between PayPal and Maya 04/01/2024
- 38 Binance’s Future After Lawsuit 14/12/2023
- 39 How Will 2023 End for the Crypto Sector? 30/11/2023
- 40 Web3 – The Future of the Internet 16/10/2023
- 41 El Salvador: Leading the Crypto World Revolution 14/10/2023
- 42 Crypto Halving 30/08/2023
- 43 Is Bitcoin capable of regaining its peak? 20/07/2023
- 44 What Influences Today’s Crypto Market the Most? 22/06/2023
- 45 10 Facts about Crypto 29/05/2023
- 46 Crypto in Africa 15/05/2023
- 47 PayPal & Bitcoin. An alliance that is profitable 25/04/2023
- 48 The Story Of The Paxful 12/04/2023
- 49 Bull Market. Ways to Profit 25/03/2023
- 50 How beginners learn to analyze the crypto market 06/03/2023
- 51 Top 5 Crypto Exchanges in 2023 22/02/2023
- 52 Why should you choose Litecoin for profit? 06/02/2023
- 53 Here’s What You Need to Know About Crypto-Mining and the Environment 24/01/2023
- 54 What can we expect from the crypto sector in 2023? 15/01/2023
- 55 5 Easy Ways to Convert Bitcoin to USD 07/01/2023
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Most liked
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Latest posts
- 1 Bitcoin Will Be Back 28/01/2025
- 2 Safe Financial Transfers and Online Earnings in 2025 21/01/2025
- 3 The First News of January 14/01/2025
- 4 Results of the 2024 Crypto Year. Part Two 31/12/2024
- 5 Results of the 2024 Crypto Year. Part One 24/12/2024
- 6 When to Expect the Alt Season 17/12/2024
- 7 Crypto In Kenya: Here’s What You Need to Know 26/11/2024
- 8 Bitcoin Won! 19/11/2024
- 9 The Most Important Moment of the Crypto Year 12/11/2024
- 10 “Money Electric” Sparks Controversy and Market Ripples 22/10/2024
- 11 Real Asset Tokenization. From Bonds to Real Estate on the Blockchain 15/10/2024
- 12 DePIN: How Blockchain is Changing the Internet and Cloud Technologies 08/10/2024
- 13 Why Did Bitcoin Halving Fail to Meet Expectations? 17/09/2024
- 14 Is September really the Worst Crypto Month? 10/09/2024
- 15 Crypto You Need To Keep An Eye On In The Fall 03/09/2024
- 16 Sei Network: High-Speed Blockchain For The Future Of Defi And Gaming 30/07/2024
- 17 Crypto Adoption in Developing Countries 23/07/2024
- 18 Cybersecurity in the Crypto World 16/07/2024
- 19 How the Crypto Industry Solves Environmental Challenges 29/06/2024
- 20 The Role of AI in Crypto Trading 24/06/2024
- 21 Results of Spring. Expectations from Summer 17/06/2024
- 22 Crypto In India: Here’s What You Need to Know 21/05/2024
- 23 Stormy Crypto May 07/05/2024
- 24 Epic Satoshi or a Block for $1 Million 23/04/2024
- 25 What is The Right Way to Be a Crypto Holder? 16/04/2024
- 26 The Most Important Crypto Events of April 09/04/2024
- 27 Top 5 Crypto Exchanges of 2024 01/04/2024
- 28 History is Being Made Now 19/03/2024
- 29 Crypto Opportunities: A Global Overview 12/03/2024
- 30 The Origins of Crypto. Who is Behind the Founding of Bitcoin? 05/03/2024
- 31 The Decade-Long Journey of Spot Bitcoin ETFs 20/02/2024
- 32 Future Bitcoin Halving 13/02/2024
- 33 Crypto Exchanges in South and Central America 06/02/2024
- 34 Crypto mining these days 23/01/2024
- 35 Bitcoin in 2024 16/01/2024
- 36 CRYPTO & PHILIPPINES 09/01/2024
- 37 Money transfers between PayPal and Maya 04/01/2024
- 38 Binance’s Future After Lawsuit 14/12/2023
- 39 How Will 2023 End for the Crypto Sector? 30/11/2023
- 40 Web3 – The Future of the Internet 16/10/2023
- 41 El Salvador: Leading the Crypto World Revolution 14/10/2023
- 42 Crypto Halving 30/08/2023
- 43 Is Bitcoin capable of regaining its peak? 20/07/2023
- 44 What Influences Today’s Crypto Market the Most? 22/06/2023
- 45 10 Facts about Crypto 29/05/2023
- 46 Crypto in Africa 15/05/2023
- 47 PayPal & Bitcoin. An alliance that is profitable 25/04/2023
- 48 The Story Of The Paxful 12/04/2023
- 49 Bull Market. Ways to Profit 25/03/2023
- 50 How beginners learn to analyze the crypto market 06/03/2023
- 51 Top 5 Crypto Exchanges in 2023 22/02/2023
- 52 Why should you choose Litecoin for profit? 06/02/2023
- 53 Here’s What You Need to Know About Crypto-Mining and the Environment 24/01/2023
- 54 What can we expect from the crypto sector in 2023? 15/01/2023
- 55 5 Easy Ways to Convert Bitcoin to USD 07/01/2023
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