Small town India joins crypto rush despite taxes

Quick Summary:

Cryptocurrency trading is booming in smaller Indian cities, attracting investors under 35.

Meme coins like Dogecoin and SHIB are gaining popularity despite high taxes.

Global crypto markets surged after pro-crypto US President Trump's election and appointment of Paul Atkins to the SEC, boosting Bitcoin's market cap to $2 trillion.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaCanada

Topics: Dogecoin investments Cryptocurrency investment Business news Indian crypto users Meme coins popularity Crypto trading in small towns CoinSwitch report

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 09:40:13 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 801 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24527076

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 17 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 42 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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