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Cryptocurrency king Bitcoin has reclaimed the $50,000-mark for the first time since May.

Crypto Corner: Bitcoin reclaims $50,000, first time in 3 months

Bitcoin reclaims the $50,000-mark, crypto assets across the board see a massive rally over the last 7 days.&nbsp;

Crypto Corner: the craze is back 

At its highest point over the weekend it was up 77.4%&nbsp;from the year's low of $27,734 on Jan. 4.

<a href="https://www.editorji.com/story/crypto-corner-paypal-launches-its-cryptocurrency-service-in-the-uk-1629699686416" target="_blank">Cryptocurrency&nbsp;</a>king Bitcoin&nbsp;has reclaimed the&nbsp;$50,000-mark for the first time since May. Bitcoin&nbsp;has been trading over it's 200-day moving average and technical analysts are optimistic about the upmove&nbsp;trend for the digital token.&nbsp;
Also watch:<a href="https://www.edtr.ai/a5pf" target="_blank">&nbsp;SEBI bets on blockchain, What is DLT and how it marks a big change</a>
Bitcoin hit a record $65,000 in mid-April but dropped down to&nbsp;$30,000 in May and has stayed in the $30,000-$40,000 range ever since.
Crypto&nbsp;assets are finding their feet again with traders as institutional acceptance and adoption becomes more widespread.&nbsp;Global crypto adoption&nbsp;has risen&nbsp;some 881% in the past 12 months, according to Chainalysis.
Also watch:&nbsp;<a href="https://www.edtr.ai/a16e" target="_blank">On Biz Buzz | Want to invest in Crypto? WazirX founder tells you how</a>
But Bitcoin&nbsp;is not the only winner in the past seven days there has been a&nbsp;18% rally in Cardano and also a 11% gain in&nbsp;Binance Coin, while Dogecoin is up about 9% over the period and Solana 73%, CoinGecko pricing showed.

Cryptocurrency exchange CoinDCX has become India's first crypto based unicorn after raising $90 million from investors led by Facebook co-founder Eduardo Saverin’s B Cap

Crypto Craze: Facebook co-founder's backing makes CoinDCX India's first crypto unicorn

Crypto Craze: Facebook co-founder's backing makes CoinDCX India's first crypto unicorn
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@smtgpt
@nrjkhandelwal
@CoinDCX

The Crypto Craze

Facebook co-founder leads $90 million fundraising round

Cryptocurrency&nbsp;exchange&nbsp;CoinDCX&nbsp;has become India's first crypto&nbsp;based unicorn after raising $90 million from investors led by&nbsp;Facebook co-founder Eduardo Saverin&rsquo;s B Capital.
Also watch: <a href="https://www.edtr.ai/a16e" target="_blank">Want to invest in Crypto? WazirX founder Nischal&nbsp;Shetty tells you how</a>
The latest funding round values the firm at $1.1 billion comes at a time when investment in the digital tokens in India has soared to $6.6 billion.&nbsp;
The exchange has 3.5 million users and has more than doubled its user base in the last two months. The platform was founded in&nbsp;2018 by&nbsp;Sumit Gupta &amp;&nbsp;Neeraj Khandelwal.

With no sign of the cryptocurrency&nbsp;bill in the Monsoon session the crypto&nbsp;industry is moving to self regulate itself at least in the advertising space. These new guidelines will be applicable to crypto&nbsp;trading platforms such as&nbsp;WazirX,&nbsp;CoinDCX, and CoinSwitch Kuber.As per reports Industry association,&nbsp;Blockchain and Crypto Assets Council, part of the Internet and Mobile Association of India (IAMAI), will introduce a set of guidelines for advertising about&nbsp;crypto exchanges as part of its self-regulatory code framework.So what brought this on? A PIL was filed as&nbsp;Crypto&nbsp;industry came into the limelight as it took on the mantle of sponsorship of sporting events from Euro 2020 football championships, the Indian Premier League (IPL) cricket tournament, and T20 tour between India and Sri Lanka. The PIL&nbsp;in Delhi High Court argued that these new ads don&rsquo;t give enough warning to investors about the risks involved while investing in cryptocurrencies. According to them, the disclaimer text should cover 80% of the screen.Read/Watch Also: Crypto&nbsp;races ahead in sponsorshipsThe top platforms already place disclaimers but no guideline has yet been imposed and the&nbsp;&nbsp;Blockchain and Crypto Assets Council hopes that initative will provide a 'one size fits all' regulation for the blockchain&nbsp;biggies.&nbsp;

Crypto group to self regulate! Advertising guidelines on the anvil

As the cryptocurrency&nbsp;platforms gain popularity the blockchain&nbsp;backers look at self regulation! Click here to know the do's and don'ts the industry is imposing for itself to protect consumers.&nbsp; Please tag&nbsp;WazirX,&nbsp;CoinDCX, and CoinSwitch Kuber. @WazirXIndia @CoinDCX @CoinSwitchKuber @NischalShetty @BuddhaSource

Crypto takes the lead in regulation

Cryptocurrency&nbsp;platforms look at standardised disclaimer for OTT and television advertisements and directives on the do&rsquo;s and don'ts for advertising.&nbsp;

With no sign of the cryptocurrency&nbsp;bill in the Monsoon session the crypto&nbsp;industry is moving to self regulate itself at least in the advertising space. These new guidelines will be applicable to crypto&nbsp;trading platforms such as&nbsp;WazirX,&nbsp;CoinDCX, and CoinSwitch Kuber. As per reports Industry association,&nbsp;Blockchain and Crypto Assets Council, part of the Internet and Mobile Association of India (IAMAI), will introduce a set of guidelines for advertising about&nbsp;crypto exchanges as part of its self-regulatory code framework. So what brought this on? A PIL was filed as&nbsp;Crypto&nbsp;industry came into the limelight as it took on the mantle of sponsorship of sporting events from Euro 2020 football championships, the Indian Premier League (IPL) cricket tournament, and T20 tour between India and Sri Lanka. The PIL&nbsp;in Delhi High Court argued that these new ads don&rsquo;t give enough warning to investors about the risks involved while investing in cryptocurrencies. According to them, the disclaimer text should cover 80% of the screen. Read/Watch Also: <a href="https://www.edtr.ai/9qas">Crypto&nbsp;races ahead in sponsorships</a> The top platforms already place disclaimers but no guideline has yet been imposed and the&nbsp;&nbsp;Blockchain and Crypto Assets Council hopes that initiative will provide a 'one size fits all' regulation for the blockchain&nbsp;biggies.&nbsp;

Cryptocurrency&nbsp;presence is zooming ahead as Hong&nbsp;Kong based&nbsp;cryptocurrency&nbsp;exchange&nbsp;Crypto.com signs $100 million sponsorship deal with Formula 1.Crypto.com with with over 10 million users worldwide is the fastest-growing crypto platform globally.&nbsp;The partnership furthers Crypto.com's presence at major sporting events; the exchange&nbsp;sponsored&nbsp;Italian soccer's Coppa Italia final in May.It also&nbsp;signed&nbsp;a deal with the National Hockey League team Montreal Canadiens in March.The trend of crypto&nbsp;exchanges stepping into mainstream sports sponsorship is evident is India too.&nbsp;Cryptocurrency exchange and liquidity aggregator CoinDCX Go took on being the the co-presenting sponsor for live-streaming of the inaugural World Test Championship Final. While Indian bitcoin exchange platform WazirX picked co-presenting sponsorship of live streaming of Euro 2020 on SonyLIV.With the battle for financial acceptance and legality for the crypto&nbsp;gang continues in India, the step up to sponsorship is ensuring a global reminder of the growing interest in the blockchain bet.&nbsp;

Cryptocurrency Watch: Formula 1 races in to get $100 million cryptocurrency sponsorship

Cryptocurrency backers race ahead; the blockchain bets take on sports sponsorship. Formula 1 gets a new inaugural sponsor for the 'Sprint' format

Cryptocurrency backers race ahead 

Crypto.com becomes inaugral&nbsp;of F1's new sprint format.&nbsp;

Cryptocurrency&nbsp;presence is zooming ahead as Hong&nbsp;Kong-based&nbsp;cryptocurrency&nbsp;exchange&nbsp;Crypto.com signs a $100 million sponsorship deal with Formula 1. Crypto.com with over 10 million users worldwide is the fastest-growing crypto platform globally.&nbsp;The partnership furthers Crypto.com's presence at major sporting events; the exchange&nbsp;sponsored&nbsp;Italian soccer's Coppa Italia final in May. It also&nbsp;signed&nbsp;a deal with the National Hockey League team Montreal Canadiens in March.
<a href="https://www.editorji.com/story/cryptocurrency-explained-bitcoin-to-blockchain-10-words-you-need-to-know-1623841223834" target="_blank">ALSO WATCH:&nbsp;Bitcoin to blockchain, 10 words you need to know</a> The trend of crypto&nbsp;exchanges stepping into mainstream sports sponsorship is evident in India too.&nbsp;Cryptocurrency exchange and liquidity aggregator CoinDCX Go took on being the co-presenting sponsor for live-streaming of the inaugural World Test Championship Final. While Indian bitcoin exchange platform WazirX picked co-presenting sponsorship of live streaming of Euro 2020 on SonyLIV. With the battle for financial acceptance and legality for the crypto&nbsp;gang continues in India, the step up to sponsorship is ensuring a global reminder of the growing interest in the blockchain bet.&nbsp;

coindcx

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