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Turkey cryptocurrency market dominated by men, reveals study By Amit SrivastavaA new study on gender-wise knowledge of c...
24/01/2022

Turkey cryptocurrency market dominated by men, reveals study

By Amit Srivastava

A new study on gender-wise knowledge of cryptocurrency conducted in Turkey revealed that more than 60% of women don’t have knowledge of digital currency and they are not using this platform as an investment tool. At the same time, around two-thirds of men have medium and high-level knowledge of cryptocurrency.

It is important to mention here that Turkey is among the top five countries in the world on the cryptocurrency market with around 5 million cryptocurrency platform accounts. Despite a good pe*******on, women in the country are not showing much interest in digital currency.

The Turkey government in April 2021 banned crypto as a form of payment. However, it is legal to possess or hold crypto assets. But the regulatory body of the country reiterates that a crypto is a form of evasion for capital controls and taxes.

The data obtained through a computer-aided survey by researchers Ozan Akadur and Çağla Gül in Turkey revealed that there are differences of behavioral and psychological among men and women with respect to cryptocurrency investment. While men are risk-taking, women avoid this. The study also revealed that women do not try different investment tools and this leads to lower-income. This has also resulted in a low level of knowledge about crypto. The Journal of Business, Economics, and Finance accepted the study.

Crypto ETF to be launched soon in GIFT CityBy Amit SrivastavaThere is good news for investors exploring opportunities in...
18/01/2022

Crypto ETF to be launched soon in GIFT City
By Amit Srivastava
There is good news for investors exploring opportunities in cryptocurrency as Asia’s first exchange-traded fund (ETF) will be launched by the end of this fiscal year. Investors will have one more option to enter the crypto world.
As per the media reports, Asia’s first ETF will come up at GIFT City, a central business centre in Gandhinagar, Gujarat.
A memorandum of understanding was signed between the BSE's international arm India INX and Torus Kling Blockchain IFSC, a joint venture between Hyderabad-based Kling Trading India and Mumbai-based Cosmea Financial Holdings. Torus Kling Blockchain IFSC is a 50:50 joint venture between Kling Trading India and Cosmea Financial Holdings.
ETF or exchange-traded fund (ETF) is a type of security that tracks an index, sector, commodity, or other assets. Like a regular stock, in a similar way, it can be traded on a stock exchange. It means that an investor will not directly invest in a virtual coin but in an index. As per the media report, the exchange has already made a request for approval from International Financial Services Centre (IFSCA). Once the ETF secures necessary regulatory approvals, including from GIFT regulatory authority, IFSCA, investors in the country can invest in it using the RBI's liberalized remittances scheme (LRS) route.

PM Narendra Modi stresses the need for a uniform approach to crypto around the world at WEFAmit SrivastavaThere is a nee...
17/01/2022

PM Narendra Modi stresses the need for a uniform approach to crypto around the world at WEF
Amit Srivastava
There is a need for a uniform approach to crypto around the world, says Prime Minister Narendra Modi at the World Economic Forum on January 17. He said that steps taken by a single country will not be sufficient.
As India is drawing laws to regulate the digital currency, PM Modi stressed that other countries too need to work on it. He was addressing the World Economic Forum's Davos Agenda on January 17 via video conference. During five days virtual event, several Heads of State will address including Australian Prime Minister Scott Morrison, Indonesian President Joko Widodo, Israeli Prime Minister Naftali Bennett, Chinese President Xi Jinping, Japanese Prime Minister Kishida Fumio, European Commission President Ursua von der Leyen, Australian Prime Minister Scott Morrison, Indonesian President Joko Widodo, Israeli Prime Minister Naftali Bennett, Chinese President Xi Jinping, among others.
While the central bank of India wants a complete ban on digital currency, the government brought a bill in the winter session of parliament and currently waiting for approval. During the annual budget for 2022-23, the finance minister Nirmala Sitharaman is likely to announce a major decision regarding cryptocurrency in the country.
Earlier, PM Modi said that cryptocurrency is an emerging technology and should be used to empower democracy, not undermine it. The government believes that unregulated transactions in digital currencies can affect macroeconomic and financial stability.

Use digital token Dogecoin to buy Tesla’s productBy Amit SrivastavaThe announcement by millionaire Elon Musk that Tesla,...
15/01/2022

Use digital token Dogecoin to buy Tesla’s product
By Amit Srivastava
The announcement by millionaire Elon Musk that Tesla, the largest electric car maker in the world will allow people to buy its brand merchandise using Dogecoin is moving one step closer to the acceptance of the digital currency. Not an electric car, but a few products like children's all-terrain motorbikes can be bought using Dogecoin.
Dogecoin is an open-source peer-to-peer digital currency, favored by Shiba Inus worldwide was initially started as a joke. It is also known as the first meme coin.
The trade of Dogecoin witnessed a sharp jump in its price and recovered a 25% rise within 24 hours. Later, it fell back. The announcement has led the discussion worldwide to using the digital token as a payment option.
Industry experts say that popular among people growing to use cryptos for payments. In fact, VISA has recently conducted a survey that revealed small business owners across nine geographies are willing to accept digital currencies as payment methods.
Dogecoin is based on the popular 'Doge' Internet meme and features a Shiba Inu, a Japanese breed dog, on its logo. Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology.

Terra coin sees 9481% rise in a year, Rs 1.1 lakh turns Rs 1 crore Amit SrivastavaIn the last week, the price of popular...
13/01/2022

Terra coin sees 9481% rise in a year, Rs 1.1 lakh turns Rs 1 crore
Amit Srivastava
In the last week, the price of popular Bitcoin (BTC) saw a rise of 1.05% and its current price is Rs 34,83503 per coin. However, in a month, its price dropped by 11.24%. Among popular coins based on their market capitalization, Ethereum (ETH) saw a drop of 2.01 % during the week, and its price as of January 13 stands at Rs 2,68,697.89. Even during the month, it dropped by around 17.09% during the month. But in a year, it saw a jump of 208%.
In the last week, Terra (LUNA) saw a jump of 6.02% and around 9481% during the year. It means rs 1.1 lakh invested in Terra turned into Rs 1 crore during the year. Even Polygon (MATIC) saw a jump in its price by 11.7% and around 7092% in a year.
Check here the price movement of popular coin based on market capitalization:


Coins Weekly % Change Monthly % Change Yearly % Change
Bitcoin (BTC)
▲ 1.05% ▼ 11.24% ▲ 20.34%
Ethereum (ETH)
▼ 2.01% ▼ 17.09% ▲ 208.07%
Dogecoin (DOGE)
▲ 7.6% ▼ 11.26% ▲ 1585%
Terra (LUNA)
▲ 6.02% ▲ 29.08% ▲ 9481%
Polygon (MATIC)
▲ 11.7% ▲ 8.08% ▲ 7092%

Is buying an electric scooter confusing? By Amit SrivastavaWith the entry of a number of companies, electric vehicles ar...
12/01/2022

Is buying an electric scooter confusing?
By Amit Srivastava
With the entry of a number of companies, electric vehicles are getting popular among people. As many of us have never owned an electric vehicle and do not know much about it. Buying an electric vehicle that fits in the budget and gives a good mileage is everyone’s choice.
At present, most electric vehicles seem a little costly. They are going to be cheaper in the long run with the economy of scale. Like every day a new entrant is making an entry in either manufacturing or as an ancillary, prices are likely to c0me down.
While they are environment-friendly, the government is providing subsidies to manufacturers who will ultimately extend to buyers.
With little information available on electric vehicles, buying the best one can be confusing to some extent, especially when there are several new companies in the market now.
So, here there are basic details of India’s leading two-wheeler companies like Bajaj, TVS, and Hero.
Here is the list of electric scooters:

Model Price Battery Capacity Range Charging time Top speed
Ather 450X ₹1,32,426 2.9kWh 60 - 85 km 5 hours 80 kmph
Revolt RV 400 ₹1,29,463 3.24kWh 80 - 150 km 4.5 hours 80 kmph
Ola S1 Pro ₹1,10,149 3.97kWh 130 - 180 km 6.5 hours 115 kmph
Bajaj Chetak ₹1,47,775 3kWh 80 - 90 km 5 hours 78 kmph
TVS iQube Electric ₹1,15,000 4.5kWh 75 km 5 hours 78 kmph
Okinawa iPraise ₹1,23,000 3.3kwh 160 km (Eco mode) 4 hours 70 kmph
Hero Photon 48V ₹65,464 48 V, 28 Ah 80 - 110 km 5 hours 45 kmph
Tork Kratos NA NA 100 km 80% - 1 hour 100 kmph

Rs 1 lakh invested in cryptocurrency Alien Shiba Inu turns Rs 20 lakh in 20 hours ASHIB sees 1900 percent rise in a day,...
10/01/2022

Rs 1 lakh invested in cryptocurrency Alien Shiba Inu turns Rs 20 lakh in 20 hours
ASHIB sees 1900 percent rise in a day, around 888 percent in a week
By Amit Srivastava
Highly volatile cryptocurrency market can surprise your or shock you within a day. While the price of Bitcoin is widely discussed, a lesser-known coin Alien Shiba Inu (ASHIB) surprised many its buyers.
The coin which has been ranked 3356 in terms of market capitalization saw a jump of 1900 percent on Sunday. It means Rs 1 lakh invested turned into Rs 20 lakh within 24 hours. However, it dropped sharply the very next day.
The price of Alien Shiba Inu or ASHIB has increased by 888% in a week. In the last 24 hours, its price increased by 11.71%. The current price is ₹0.311466 per ASHIB. Alien Shiba Inu is 85.97% below the all-time high of ₹2.22.
The sad part is that the coin is not available at all exchanges and in fact, not on any Indian Exchange. Even very little information of this coin is available.

India’s first index of global cryptocurrencies launchedBy Amit SrivastavaIC15, India’s first index of global cryptocurre...
06/01/2022

India’s first index of global cryptocurrencies launched

By Amit Srivastava

IC15, India’s first index of global cryptocurrencies has been launched this week which will track the performance of the top 15 Cryptocurrencies that are listed on crypto exchanges across the world. The index IC15 will track cryptocurrencies based on their market capitalization and liquidity. It is a rule-based broad market index.

A well-known financial content provided TickerPlant’s cryptocurrency app CrypoWire has launched country’s first index of global cryptocurrencies. As per the company, it is a rule-based broad market index by market capitalization that will track the performance of the top 15 most traded liquid cryptocurrencies listed on exchanges across the world.

The top 15 popular cryptocurrencies Bitcoin, Ethereum, Bitcoin Cash, Chainlink, Polkadot, Cardano, Litecoin, Avalanche, Binance Coin, Solana, XRP, Shiba Inu, Terra, Uniswap, and Dogecoin would make in the list.

The base value of the Index has been set at 10,000 and the base date is April 1, 2018. However, at the beginning of the New Year, January 1, 2022, the index open value was 71,463.30 points. It means that the index has already around 600 percent in two years.

The index will be rebalanced after a review four times a year. It will be monitored and following a review on 15 of March, June, September, and December.
As per the CryptoWire, the index will help fund managers as they can track the performance of cryptocurrencies. They can be linked with products such as crypto ETFs and other financial funds. It means that soon there will be a life insurance policy linked with cryptocurrency.

Bet top EV Charging company share for a good returnBy Amit SrivastavaFor the success of Electric Vehicles (EVs), there m...
05/01/2022

Bet top EV Charging company share for a good return
By Amit Srivastava
For the success of Electric Vehicles (EVs), there must be a good infrastructure of stations across the country. Like we need petrol and diesel pump to refill vehicles' tanks, we will require charging stations to recharge batteries.
Most importantly, petrol and diesel-run vehicles can refill their oil tanks within minutes, EV batteries require a longer time to recharge batteries. It means, there will be a demand for charging stations.
So, companies that provide charging infrastructure will be in demand in at least a decade.
As per a report, by 2027, the business of EV charging stations may grow up to $29.7 billion, at a CAGR of approximately 40%.
To promote EVs in the country, the government has decided to set up 70,000 EV chargers across the country in the next few years. Many of the charging stations have already come up in Metro cities.
The charging stations will also come at petrol pumps across the country. As an estimate around 22,000 EV charging stations will be set up at the existing infrastructure of 70,000 petrol pumps. Companies Indian Oil Corporation and BPCL have already pledged to use their outlets to set up 17,000 EV charging centers.
Even EV manufacturing Companies are tying up with startups to set up charging stations.
The top listed companies that will foray into creating charging infrastructure are Tata Power, Indian Oil Corporation (IOC), BPCL, Reliance Industries, NTPC, and Power Grid Corporation.

Top Lithium-ion battery manufacturing share to be next multi-bagger.
01/01/2022

Top Lithium-ion battery manufacturing share to be next multi-bagger.

Top multi-bagger battery company shares to participate in EVs theme
Amit Srivastava
In the earlier post, I had discussed auto companies planned to foray into electric vehicle (EVs) manufacturing. Now, one of the essential parts of EVs is the battery. At present, all-electric EVs run on ion-lithium batteries. EVs have an electric motor instead of an internal combustion engine, and a pack of batteries in the vehicle is called the heart of the EVs.
Currently, EVs run with Lithium-ion batteries, and it accounts for around 40 percent of the cost of the vehicles. These batteries are expensive components and also determine the worth of the vehicles.
Lithium-ion batteries are lighter than other conventional rechargeable batteries, and it also supplies consistent energy and hold their charge for a long time.
The rise in pe*******on of EVs will create demand for Lithium-ion batteries. The need for the battery will be more than EVs as old vehicles will be required to change with new batteries over a period. Even companies like Exide and Aamra Raza are eying on government subsidies worth Rs 18,000 crore on producing lithium-ion batteries in the country.
Top companies in Lithium-ion battery manufacturing
Shares/ company 6 months return 1-year returns Current Share Price (Rs)
Exide -14.25% -34.04% 168.20
Amara Raja Bateeries -14.67% -31% 637
Kabra Extrusion Technik 125.75% 389% 469

The writer is a freelance journalist, based in Navi Mumbai. He can be contacted at [email protected]
(Disclaimer: The article is for educational purposes. Consult your financial advisor before making an investment.)

Top multi-bagger battery company shares to participate in EVs theme Amit SrivastavaIn the earlier post, I had discussed ...
01/01/2022

Top multi-bagger battery company shares to participate in EVs theme
Amit Srivastava
In the earlier post, I had discussed auto companies planned to foray into electric vehicle (EVs) manufacturing. Now, one of the essential parts of EVs is the battery. At present, all-electric EVs run on ion-lithium batteries. EVs have an electric motor instead of an internal combustion engine, and a pack of batteries in the vehicle is called the heart of the EVs.
Currently, EVs run with Lithium-ion batteries, and it accounts for around 40 percent of the cost of the vehicles. These batteries are expensive components and also determine the worth of the vehicles.
Lithium-ion batteries are lighter than other conventional rechargeable batteries, and it also supplies consistent energy and hold their charge for a long time.
The rise in pe*******on of EVs will create demand for Lithium-ion batteries. The need for the battery will be more than EVs as old vehicles will be required to change with new batteries over a period. Even companies like Exide and Aamra Raza are eying on government subsidies worth Rs 18,000 crore on producing lithium-ion batteries in the country.
Top companies in Lithium-ion battery manufacturing
Shares/ company 6 months return 1-year returns Current Share Price (Rs)
Exide -14.25% -34.04% 168.20
Amara Raja Bateeries -14.67% -31% 637
Kabra Extrusion Technik 125.75% 389% 469

The writer is a freelance journalist, based in Navi Mumbai. He can be contacted at [email protected]
(Disclaimer: The article is for educational purposes. Consult your financial advisor before making an investment.)

Top auto stocks for EVs that may give a good return If an investor had bought Eicher Motors share in 2001, instead of it...
30/12/2021

Top auto stocks for EVs that may give a good return

If an investor had bought Eicher Motors share in 2001, instead of its Royal Enfield motorbike, its Rs 60,000 would be grown up to Rs 7 crores in 2021. You must have heard such stories. While a product’s value depreciates every day, a company’s shares with strong management and vision grow every day.
Even if you missed the earlier opportunities, you have another chance to become a millionaire. We are aware that the government is focusing on environmentally friendly and sustainable energy sources. If the government has to meet the target of zero-emission by 2070 as promised by PM Narendra Modi at COP 26 climate summit in Glasgow, it can be done by promoting electric vehicles.
After central government push, many states have already come up with electric vehicles (EVs) policy like Maharashtra. Apart from providing subsidies in buying two-wheelers and four-wheelers, they are also concentrating on creating infrastructure like setting up charging stations.
Experts believe that the next decade will be dominated by stocks that are directly or indirectly involved in EVs manufacturing or associated. In the commercial vehicle space, the top EV stocks are JBM Auto, Ashok Leyland, Tata Motors, Olectra Greentech, SML Isuzu, Eicher Motors, and M&M.
Several government agencies have already started buying battery-run vehicles like buses for public transports. JBM Auto has a good presence in the manufacturing of electric buses. Now, Ashok Leyland has also decided to foray into EVs. Companies mentioned above are also pushing hard to get business from the government.
While unfolding EVs policy, Aditya Thackeray, Maharashtra environment minister announced that by 2028 the entire public transport buses of Mumbai will be electric.

(The article is for educational purposes. Before making any investment, please consult your financial advisor.)
The writer is a freelance journalist and he can be reached

Indians spending time on cryptocurrency double in a year, youngsters mostlyBy Amit SrivastavaTwitter: s_amit007While the...
29/12/2021

Indians spending time on cryptocurrency double in a year, youngsters mostly
By Amit Srivastava
Twitter: s_amit007

While the government is mulling to regulate the digital currency in the country, people spending time on Cryptocurrency for buying, selling, or learning in India has doubled in a year. Interestingly, youngsters are spending more time and even making investments.
Indian crypto exchange CoinSwitch Kuber claimed that the average time spent by its users in India has doubled during the year. Now, users spend more time buying, selling, or learning digital currency than at the beginning of the year.
As per the report, CoinSwitch Kuber has around 1.4 crores (14 million) users in India, of which 15 percent are women, and the majority of them are youngsters.
Indian crypto exchange CoinSwitch Kuber also claimed that, on average, individuals in India spent around 27 minutes on the CoinSwitch app that was 13 minutes at the beginning of the year. There is a sharp increase of more than 100 percent.
Around 60 percent of users of CoinSwitch Kuber's total users-base are under the age of 28, and they are from Metro as well as tier two cities like Delhi, Mumbai, Kolkata, Pune, Lucknow, and Patna.
The crypto bill brought in the Winter Session of Parliament was left out, and it is currently with the Cabinet awaiting approval. The bill will decide which cryptocurrencies would continue to do business and which could not do.
The industry is hopeful that a regulatory framework will sort out the misconception about digital currency, and it will further encourage more Indians to look into an investment option.

JSW Group announces EV policy for its employees, free charging, and other incentivesBy Amit SrivastavaTwitter: s_amit007...
28/12/2021

JSW Group announces EV policy for its employees, free charging, and other incentives
By Amit Srivastava
Twitter: s_amit007
The acceptance of electric vehicles in India is gaining momentum as the JSW Group has come up with its Electric Vehicle (EV) policy, which comes into effect from January 1, 2022. The business conglomerate will give an incentive of up to Rs 3 lakh to its employees to buy electric two-wheelers or four-wheelers.e
The company said that the EV policy aligned with India’s Nationally Determined Contributions (NDCs) and Sustainable Development Scenarios (SDS) of The International Energy Agency (IEA).
The JSW Group promised to provide free charging stations and separate parking facilities at offices to employees who buy an electric vehicle.
Since the central and state government are providing subsidies to promote EV, the entry of private entities will give an impetus to pollution control.
In a statement, the company said, “We know that the PM Narendra Modi announced at Glasgow COP26 meeting that India endeavors to reach net-zero carbon emissions by 2070, the green initiative of JSW Group will lead to increased adoption of EVs in India.”

RSS affiliated Swadeshi Jagran Manch demands a complete ban on CryptocurrencyBy Amit SrivastavaCNA Tweet@S_amit007While ...
27/12/2021

RSS affiliated Swadeshi Jagran Manch demands a complete ban on Cryptocurrency
By Amit Srivastava
CNA
Tweet@S_amit007
While the central government plans to bring in a law to regulate cryptocurrencies in India, RSS affiliated Swadeshi Jagran Manch (SJM) has demanded a complete ban on digital currencies. SJP cited heavy speculation in its trade and adverse impact on the financial markets.
We often come across many people who made crores by investment in Cryptocurrencies like Bitcoin. Most of them are youths, especially people in titer-two or titer-three cities who are looking at digital currency as a new source of multiplying money in a short period.
However, digital currency is unregulated in the country.
In a resolution passed by SJP during the two-day meeting held in Gwalior, it claimed that there is no underlying asset of these virtual currencies and it should be banned.
“There is no information of issuer of digital currency, and even they are recognized, it may lead to heavy speculation which may also impact financial markets," said the outfit. The outfit also fears that it may also find another window of money laundering and terror financing.
The outfit said that those holding digital currency should be allowed to sell or exchange by providing details to the income tax department as per the provisions in a stipulated time frame.

27/12/2021

RSS affiliated Swadeshi Jagran Manch demands a complete ban on Cryptocurrency
By Amit Srivastava
CNA
Tweet@S_amit007
While the central government plans to bring in a law to regulate cryptocurrencies in India, RSS affiliated Swadeshi Jagran Manch (SJM) has demanded a complete ban on digital currencies. SJP cited heavy speculation in its trade and adverse impact on the financial markets.
We often come across many people who made crores by investment in Cryptocurrencies like Bitcoin. Most of them are youths, especially people in titer-two or titer-three cities who are looking at digital currency as a new source of multiplying money in a short period.
However, digital currency is unregulated in the country.
In a resolution passed by SJP during the two-day meeting held in Gwalior, it claimed that there is no underlying asset of these virtual currencies and it should be banned.
“There is no information of issuer of digital currency, and even they are recognized, it may lead to heavy speculation which may also impact financial markets," said the outfit. The outfit also fears that it may also find another window of money laundering and terror financing.
The outfit said that those holding digital currency should be allowed to sell or exchange by providing details to the income tax department as per the provisions in a stipulated time frame.

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