to india and google has pulled a number of crypto exchanges, including binance and kraken, from its playfter these global crypto exchanges were flagged for operating illegally" in the south asian market. our india business correspondent archana shukla has more. the concern of the government is that these two major offshore agencies are not in line with indian finance law and many traitors are using these offshore platforms to miss paying taxes. the government questioned almost nine such firms on their compliance and since last week, first websites were blocked then their apps on apple store and even the google play store has blocked them. the indian government has been tightening since a boom in crypto tracing over the last few years where millions, especially those in the younger age group are trading in crypto currencies. in 2022 the government had imposed heavy taxes on crypto trading profits. users had moved away from local trading platforms to offshore exchanges like binance and kraken as domestic platforms had stricter know your customer rules. it is estimated that almost $4 billio

positive, large investors will have the opportunity to invest in bitcoins bypassing crypto exchanges, binance pour into the cryptocurrency and raise its value to new heights. they have already started talking about $200,000. bitcoin alone is not the limit, however, other cryptocurrencies may not have it easy. the approval of bitcoin etf, in my opinion, is the story of the year, it will be one of the main catalysts. the crypto market has been growing seriously since since graysky's decision in august. this was the moment when the market realized that such funds could actually be approved. if this happens, it may not have such a positive impact on altcoins. first of all, because this is the story associated with bitcoin, when interest rates are high, the investor. forecasts for the influx of money vary from $3 billion on the first day of trading, which could take place as early as december 11, to $55 billion over 5 years; they call even more ambitious figures, an influx from 50 to 100 billion dollars only in 2024, well, the more investors, the higher the quotes, our bitcoin reached 68 thousand

positive, large investors will have the opportunity to invest in bitcoins , bypassing crypto exchanges, binance forecasts, money will pour into cryptocurrency and raise it. price to new heights, it has already been said that $2,000 for one bitcoin is not the limit, however, other cryptocurrencies may not have it easy. story of the year, it will be one of the main catalysts. the crypto market has been growing seriously since the moment the gray scale was decided in august. this was the moment when the market realized that such funds could actually be approved. if this happens, it may not have such a positive impact on altcoins. first of all, because this is the story associated with bitcoin, when interest rates are high, investors must choose where to invest their money. forecasts for the influx of money are different: from $3 billion on the first day of trading, which may already take place once. if demand is high, it will continue to grow, so we have a forecast that it should be after the halving in april of this year, bitcoin will probably cost somewhere around $100,000 by summer. the us secu

binance chief executive changpeng zhao has resigned after pleading guilty to money laundering violationspartment said the world's biggest cryptocurrency exchange had helped users bypass sanctions. it's ordered the firm to pay for your $5 billion in penalties and forfeitures. mr zhao said he made mistakes and stepping down was the best move for the company. scientists in scotland are using robotic sub—sea gliders to check a system of ocean currents for signs of climate change. they're monitoring the conveyor belt which regulates global temperatures by carrying warm and cool air around the world. there is some concern the system is weakening. these gliders really help us go to places we would not really get to in the winter and they can stay out for months at a time whereas on a ship you're kind of time—limited. food wastage is a huge problem across the globe and in india this is compounded by the fact that cold storage facilities can be few and far between. but one of this year's earthshot prize winners is a start—up working on a solution. nikhil inander went to find out more. here's a sh

you've got binance, which is in trouble.il now, coinbase was the only legitimate way in america to trade bitcoin. so they were able to raise prices, which they did earlier last year, and they could. going forward, they're not going to be able to do that. that this why this moment is so important. that's why it's not a good day for coinbase, because pricing is coming down. >> i said, what about those -- let's call them bitcoin purists or maybe the people who hold it now say they're going to leave it on coinbase. it gives me this feeling of self-custody, even if that's not what is going on. that's part of the appeal of bitcoin is its decentralized nature and not owning an etf. can't coinbase do okay if people continue to hold it on their platform? >> that's a great question. they only make money when you trade in and out. so if you just sit there and say, i'm nottouching it. i think it's a ten-year thing, they hold it for you but they don't make money. they make money when there's volatility. this is what is going away startin

and then you've got cz who also add had binance, and he has faced all kinds of charges.re we done with that nonsense, or is it just like the old saying that there's a sucker born every minute, and you're going to definitely see people try and and take advantage of that? >> bad people do bad things regardless of the industry. one of the things that's really interesting is if you look at ftx, they a basically took customer money, went and invested it and lost it, right? there's a whole bunch of questions as to why, how, but they didn't tell customers they were going to do it, right? and that's ultimately what the issue was. if you remember also in 2023, we had banks that took customers' money and bought treasuries. those treasuries went under water, right? the bank said we're going to do this, so disclosures, regulation, there's all these different thing, but banks failed, and we have crypto exchanges fail. they failed for different reasons, bulletly hi i think -- ultimately, the average person is going to figure out, i need to pay attention. the days of putting your money