Engaging in investments requires careful consideration, but diversifying your portfolio can help simplify the process. However, investing in cryptocurrencies, like Bitcoins, is a different story. It's important to note that investing in cryptocurrencies, such as Bitcoin, is currently considered a gray area. Unlike mutual funds, which invest in recognised and regulated assets, cryptocurrencies do not meet these basic requirements. Talking about India mutual funds investing in Bitcoins, Akshat Shrivastava, founder of Wisdom Hatch, wrote on X, there are no mutual funds in India that directly or indirectly invest in Bitcoin....
In recent weeks, though, cryptocurrency prices are down sharply, with some of the biggest digital currencies erasing nearly all of the gains made after Trump’s election win triggered a wave of excitement across the industry.read moreUS President Donald Trump said on Sunday that three cryptocurrencies—XRP (Ripple), SOL (Solana), and ADA (Cardano)—will be included in a new US crypto strategic reserve, spiking their value in market trading.In a social media post, Trump said that his January executive order on digital assets would establish a reserve featuring these currencies. Following the announcement,...