Very few people would have guessed in 2009 that cryptocurrencies are going to create such a splash on the financial market. With the launch of Bitcoin in 2009, the world witnessed the rise of the digital currency. There are so many different types of cryptocurrency on the market today that it becomes difficult to keep a track of all of them and follow what’s happening in this ecosystem. Well, we are here to bring you a round-up of all the latest happenings in the cryptocurrency market in India.
In the most exciting news, mega film star Amitabh Bacchan has become the latest celebrity to mark his entry into the cryptocurrency market by becoming the brand ambassador of the Indian crypto exchange CoinDCX. He will be working with the crypto exchange to increase awareness about cryptocurrencies in India and also actively investing in cryptocurrency. Since India is one of the fastest-growing cryptocurrency markets in the world, it makes sense to have a brand ambassador who is a well-=known and recognized face all around the globe.
Amitabh Bacchan will be entering the space of non-fungible tokens (NFTs). In fact, the veteran actor will also be rolling out his own NFTs, including many of the most exclusive artworks surrounding his movies and identity, in November 2021.
Elsewhere, the International Monetary Fund (IMF) raised a red flag over the rapid growth and increasing adoption of cryptocurrency and crypto assets in the world. The global financial watchdog said that such a rapid rise in one form of currency could pose a substantial risk to financial stability while also giving rise to other challenges.
At the same time, IMF, in its latest Global Financial Stability Report, also said that technological innovation, such as what is being observed in the cryptocurrency ecosystem, is bringing in a new era of financial freedom. In general, blockchain technology and the crypto assets world are making payments and financial services faster, cheaper, and more accessible while erasing borders to allow the free flow of digital currency across the globe.
Meanwhile, the month of September witnessed a continued descent of the cryptocurrency market as the market volatility continued.
With so many complex kinds of cryptocurrencies and so many things happening on a daily basis in this ecosystem, it is likely for anyone to get confused. If you want to learn about the various happenings in the cryptocurrency markets and understand this ecosystem better, taking an online cryptocurrency course is a great idea. This online cryptocurrency course from Unluclass is the best way to hop onto the crypto bandwagon.
Learn about Cryptocurrencies Online
There are many ways to educate yourself about cryptocurrency, and more specifically about cryptocurrency in India. If you are looking for an online cryptocurrency course to learn about cryptocurrency, you must check out Unluclass’ upcoming online course that tells you all about this fascinating topic.
The course will also help you keep yourself updated about the changes that are happening in the cryptocurrency market. Therefore, you will learn about Bitcoin price prediction, free bitcoin mining, Bitcoin ban in India, security aspects of cryptocurrency, etc. Stay tuned!