Beingable to move money from the accounts of customers to that of retailers is thenew fancy in the cryptocurrency world. Being able to complete a transactionefficiently with a remarkable degree of fraud protection is the mostsignificant progress in financial transparency.

Cryptocurrencyis also becoming a vital force in philanthropy. When it is about discussing facts about cryptocurrency, people thinkabout money laundering and a whole lot of security concerns. However, there are very few people who arethinking about donating to charity. For quite some years now, cryptocurrencieshave been widely used in the philanthropy sector.

Dueto the cryptocurrency ban in India, several cryptocurrency exchanges are movingtheir operations out of India. This isbecause, the Reserve Bank of India in April 2018, stated that entities who areregulated by it, cannot deal with or provide services to businesses or individualswho are dealing with settling down virtual currencies.

SaravananVijayakumaran, an author of The Security of the Bitcoin Protocol, stated,"Funding terrorism is the major fear behind the cryptocurrencytrade."

Khandelwastated, “The required infrastructure for this industry is just the softwareengineering talent in India.”

Dueto the ban from the Reserve Bank of India, it is becoming increasinglychallenging to do bank transfers using cryptocurrency in return. Previously the bank transfers to convertcryptocurrency was done using NEFT (National Electronic Fund Transfer).

NeerajKhandelwa, Co-founder at CoinDCX, stated, "We are trying to shift our baseout of India, which would help us to expand our business model globally." He further said, "India has the secondmost blockchain developers in the world."

With different things happening in different parts of the world, there are not much of Altcoin returns like the Wild West situation in 2017.  There is very less irrational spending in the process of buying Altcoins.  The numbers of ICOs published are coming down. However, several investors are keeping their fingers crossed to see Altcoins like TCAT tokens bump on a surge.

Thehash rates are steady online. There issustained interest seen in the BTC infrastructural investment. Hashrate spikes are often seen precedingprice increases.

MaxKeiser thinks that among several other things that the Bitcoin might leadpeople to resort to the most prominent cryptocurrency in the world afterabandoning Altcoins. He also believesthat all the value which is currently in Altcoins will be in Bitcoin with animproved market dominance rising from 80 and 90%.