Author: Manisha Gupta

Cryptocurrency Podcast: Revisiting your crypto portfolio

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The current crypto markets are driving many investors to comprehend whether to book profits or buy the dip. However, this bear run for the crypto markets has much in store for those looking to gain long-term returns from their investments.

In this podcast presented by WazirX & CNBCTV18.com, Manisha Gupta speaks to Budhil Vyas, Crypto influencer and data scientist and Anuj Chaudhary, senior blockchain and crypto analyst, to gauge how one must revisit their crypto investments and balance their portfolios as per market conditions. Tune in to the conversation to know more.

Disclaimer: Cryptos are unregulated virtual assets, not a legal tender and subject to market risks.

Note: This is a partnered post.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Cryptocurrency Podcast | Detaching From Reality — Why You Should Continue Investing In Crypto

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The volatility of the crypto markets has led to some serious insecurities among investors, and this has been exacerbated by the fluctuating stance of regulatory authorities on the legalisation and taxation of the product.

While navigating these markets has been challenging, a better understanding of crypto markets and how to safeguard one’s investments by experts can provide the guidance most investors need today.

In this special podcast presented by CNBCTV18.com in association with WazirX, hosted by Manisha Gupta, the discussion explored how investors can detach from the hullabaloo around the market fluctuations, and take a fresh look at their crypto portfolios.

Tune in to her in conversation with Shivam Chhuneja- Head Of Partnerships at ZionVerse and the Growth Marketing, Tech and Finance expert as well as Subham Kejriwal, OTC Desk Executive at WazirX to know more.

Disclaimer: Cryptos are unregulated virtual assets, not a legal tender and subject to market risks.
Note: This is a partnered post.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Cryptocurrency Podcast: Growing influencer market in the Metaverse

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Digital influencers today are constantly expanding their horizons to engage with a larger audience. Their presence on all possible digital platforms to find new followers is a mandate if they plan to keep growing. The Metaverse is one such platform that is garnering the attention of influencers in their zeal to find new users.

Manisha Gupta of CNBC-TV18 spoke to Rohit Kundliwal, Marketing Manager, WazirX and Pranav Panpalia, Founder & Mentor, OpraahFx and OP Gaming to discuss the growing influencer marketing in the Metaverse.

Influencer marketing is a fast-growing industry that captures the attention of internet users swiftly and ensures that brands get enough exposure and valuable visibility, provided the right ambassadors take charge of engaging followers with the campaign.

Tune in to this podcast to find out how Metaverse provides a more immersive and experiential platform for influencers, brands and innovators alike

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Note: This is a partnered post.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Cryptocurrency Podcast: A deep dive into the future of metaverse

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

The metaverse is a fascinating phenomenon that is gaining the interest of blockchain and tech enthusiasts alike. With the influx of the performance and events industry into the metaverse, virtual large-scale has become a new ‘reality’.

Tracing the upcoming trends of the metaverse, CNBC-TV18’s Manisha Gupta spoke to Kaavya Prasad, COO & Co-Founder, Lumoslabs, and Aritra Sarkhel, Director- Public Policy, Government Affairs and Content- WazirX on this special podcast. Tune in to listen to the whole conversation.

Disclaimer:

The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Note: This is a partnered post.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Cryptocurrency Podcast: Balancing traditional portfolios for blockchain assets

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

Blockchain assets have taken over all investment-related conversations lately, especially since non-fungible tokens (NFTs) hit the market. But not all portfolios are ready yet to include blockchain assets in the mix.

Manisha Gupta of CNBC-TV18 spoke to Vatsal Kanakiya, Principal and CTO, 100X and Rashmi R Padhy, VP-Biz Operations, WazirX about how blockchain assets can be incorporated into traditional portfolios.

By balancing the assets in one’s portfolio, some room can be made for crypto and NFT investments, based on the investor’s goals and risk appetite. However, it is recommended that investors manage their risk appetites before investing in the volatile markets of blockchain assets.

To know more about how your portfolio can also make way for blockchain investments with the right knowledge, tune in to Cryptocurrency Podcast

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Note: This is a partnered post.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Explained: Why aluminium is one of the most-watched metals for 2022

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

The Omicron variant of COVID-19 has acted as a speedbump of sorts in growth revival which had picked momentum from the second half of 2021. However, come 2022, the expectation is that industries will tide over this crisis and therefore the demand for aluminium is bound to increase as electronics, automobile, packaging industries pick steam. The demand for the metal is also set to rise as it is more environmentally friendly. So, what does 2022 hold in store? Let’s find out:

How was the year 2021 for aluminium as a commodity?

Aluminium prices hit a 13-year high of $3172 a ton in 2021. Prices have risen around 35 percent year-to-date on the back of pent up demand from lightweight construction, automobiles and packaging.

On the supply side, production was hit because of the power curbs in China and Europe. Aluminium production is energy-intensive. About 13,000- 17,000 kWh of electricity are required to produce 1 tonne of aluminium. Besides strong demand, high energy costs were one of the contributing factors to the surge in aluminium prices.

What is happening in aluminium right now?

Aluminium prices are off around 18 percent from the year’s highs. There are many reasons for this correction. With central banks across the world tightening liquidity, some investments could move out from commodities into bonds and other asset classes that benefit from a strong dollar. There are concerns of a slowdown in China and also that a sharp rise in COVID cases could hit global demand for aluminium.

What is the outlook for 2022?

Traders and analysts tracking this space expect aluminium prices to rise in 2022 as well. They are quite bullish in their outlook for the first half of 2022 due to lack of investment in smelting capacity, supply disruptions in Brazil, Jamaica, and on-warrant LME stocks at 2005.

LME warrants are documents that represent an entitlement to a specific lot of LME-approved metal. Warrants can only be issued if the underlying metal conforms to the quality requirements details specified by the LME

Any other factors?

Yes. The growing shift towards sustainable development has also led to increased demand for aluminium because of the metal’s attributes like resistance to corrosion, being a good conductor of electricity and being lightweight.

The production for 2022 is estimated at 69.95 million tons, but the consumption is estimated to be even higher.

What could put a lid on aluminium prices in 2022?

If prices continue to climb, some players may start investing in fresh capacity or increase production. While the impact of this may not be felt immediately, it could put pressure on aluminium prices in the second half of 2022. China’s economy slowing more than expected could also be a dampener.

For more from our Explained series, please click here

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Explained: Sebi ban on futures trading in 7 Agri commodities and its impact

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

Capital and commodities market regulator Sebi today added soybean and crude palm oil to the list of Agri commodities in which futures trading has been banned, taking the total number of banned Agri commodities to seven. We take a look at the reason and the implications of the move.

 Which Agri commodities have been banned?

Soybean and crude palm oil have been added to the list of Agri commodities in which no futures trading will be allowed. Chana, mustard, paddy, wheat, and moong were already on the list.

 What is the ban period?

The ban on all seven Agri commodities will be effective for one year.

What happens to traders with existing positions in contracts of soybean and crude palm oil?

They can square off their positions. However, they will have to find a counterparty from the pool of traders with existing positions, as no fresh contracts will be allowed.

 What is the reason for the ban?

The government’s aim is to curb the galloping prices of Agri commodities, which is feeding into food inflation.

Prices of edible oil have been rising for a while now. Retail edible oil inflation was 29.7 percent in November. The government had cut import duty, and set limits on how much edible oil dealers could stock. India imports 65-70 percent of its edible oil requirement, and high domestic prices are mainly because of high prices of edible oil in the international market.

 How has the market reacted to this move?

Some industry watchers feel the ban could lead to trades in these commodities shifting to the dabba or unofficial market.

The suspension comes at a time when the Rabi crop would start coming to the market in a couple of months. Both traders and farmers are likely to be affected as there will be no reference price.

The surge in commodity prices, including those of agri-commodities, had been fuelled by the easy money policy of central banks globally. With central banks now getting into tightening mode, prices of commodities, in general, are expected to cool down.

 How effective have such bans been in the past, in controlling prices of commodities?

Various independent and studies by commodity exchanges have shown that such bans do not impact commodity prices in long run. This has been seen in the case of chana, wheat, etc, the prices of which continue to rise despite the ban on futures trading. In the short term, prices may fall, but over the longer term, other factors come into play.

Also, industry watchers say that such bans are never announced when commodity prices are falling

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Top NFT marketplaces in 2021: OpenSea, Axie make the cut

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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NFT’s are non-fungible tokens, a non-interchangeable unit of data stored on a digital ledger. It can be associated with items such as photos, videos, 3D models, audio, and other types of digital files as unique items. NFTs use blockchain technology to provide public proof of ownership.

According to market tracker DappRadar, from a monthly sales volume of USD 400 million at the start of 2021, the market cap of NFT now stands at more than USD 13 billion. Growth in the NFT market has caught attention from Amitabh Bachchan to legacy auction houses like Sotheby’s and Christie’s and have both launched their own NFT marketplaces to get in on the action.

Here’s a look at the top NFT Marketplaces in 2021.

OpenSea

OpenSea is the leader in NFT sales. It is the world’s largest market place for Crypto collectibles. OpenSea has all sorts of digital assets available on its platform, and it’s free to sign up and browse the extensive offerings. It also supports artists and creators and has an easy-to-use process if you want to mint your own NFT The marketplace supports more than 150 different payment tokens.

Also Read | Antara movie NFT to see producers give up 50% intellectual property to buyers

Axie Marketplace

Axie Marketplace is the online shop for the video game Axie Infinity. Axies are mythical creatures that can be bought and trained and then pitted against other players’ Axies to earn rewards. On Axie Marketplace, players can buy new Axies, as well as entire lands and other items, as NFTs for use within the game.

Rarible

Rarible is another large marketplace for all sorts of NFTs, similar to OpenSea. All kinds of art, videos, collectibles, and music can be bought, sold, or created on the platform. However, unlike OpenSea, you will need to use the marketplace’s own token Rarible to buy and sell on the marketplace. Rarible is built on the Ethereum blockchain.

The company has partnered with some notable companies. Taco Bell has listed art on Rarible, cloud software giant Adobe partnered with Rarible to help secure NFT artists’ and creators’ work.

Foundation.app

Foundation.app was designed as a simple, no-frills way to bid on digital art. Sales are made using Ethereum. Since the marketplace’s launch in early 2021, it has sold more than USD 100 million of NFTs.

Artists are invited to the platform by the Foundation community, and buyers simply need a crypto wallet funded with Ethereum to start making purchases.

Nifty Gateway

Nifty Gateway has facilitated the sale of some of the most popular digital artists such as Beeple and singer/musician Grimes. It’s an art curation platform powered by the crypto exchange Gemini controlled by tWinklevoss Twins. The NFTs, known as Nifties, are built on Ethereum.

Also Read | How crypto exchanges are morphing into NFT marketplaces to evade new rules

Besides being a curated platform, Nifty Gateway also hosts any NFTs purchased — meaning the NFTs aren’t stored in your own wallet but are actually stored for you by Nifty Gateway and Gemini. Nifty purchases and sales also can be made in fiat currency e.g. USD without making a cryptocurrency purchase first.

Mintable

Mintable is backed by Mark Cuban, aims to be an open marketplace similar to OpenSea. To participate in buying and selling NFTs on Mintable, you’ll need Ethereum. The platform also supports minting of NFTs for creators of all types from photographers to musicians who want to sell their work as a digital asset.

Theta Drop

Theta Drop is a blockchain platform built for the decentralized distribution of video and TV on the internet. It made its debut in 2021. Theta utilizes its own blockchain technology. To participate in the Theta Drop NFT marketplace, you’ll need to purchase Theta Token Various crypto exchanges such as Binance support Theta, and the tokens and NFTs purchased with them can be stored in a crypto wallet, as well as in Theta’s own crypto wallet app.

Cardingo

Cardingo is a NFT marketplace built on the Cardano blockchain offering a Curated Designer NFT platform that connects talented artists with Cardano fans worldwide. IT has sell option at the full functional marketplace. NFT competition, 5 curated designer NFTs launch, marketing efforts expand, NFT game launch, Cardingo Smash Club NFTs, Token listings on native Cardano Dex, and partnerships.

BakerySwap

BakerySwap is the 1st AMM i.e Automated market maker +NFT exchange on Binance Smart Chain. Various data indicate the rapid growth of BakerySwap in the DEFI ecosystem. BakerySwap is cooperating with Ankr Staking to use aETH, a synthetic derivative asset, to launch new farming pools, including aETH-BETH and aETH-ETH.

Melos Platform

Melos Platform is the first community music NFT making platform. Sound is one of our strongest instincts, allowing our instinct to be exposed and recorded. Melos platform allows you to record your internal music flow into traceable, forever registered NFT on blockchain.

Also Read | Bollywood’s new love affair with crypto – celebrities jumping on NFT bandwagon

With simple designed tool, Melos Platform allows you to create your NFT, re-create by yourself or co-create with your fans or partners. Melos NFTs are designed with the unique feature that shows how each NFT is composited by whom, when and who owned the NFTs in the past.

You can go and check out more on these and many more. Value is subjective and determined by factors such as uniqueness and the reputation of the artist who made it.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Union Budget 2021: FM proposes to rationalize customs duty on gold, silver

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Union Finance Minister Nirmala Sitharaman, while presenting Budget 2021, on Monday brought cheer for the gems and jewelry sector by cutting customs duty on the import of gold and silver.

Gold and silver presently attract a basic customs duty of 12.5 percent. After 3 percent GST, it works out to 15.5 percent in levies.

While the cut on duties is at 7.5 percent for gold and silver but there is an additional agriculture infrastructure and development cess at the rate of 2.5 percent.

Meanwhile, the duty for gold dore bar has been reduced to 6.9 percent from 11.85 percent, while silver dore bar would attract 6.1 percent from 11 percent earlier. The gold and silver dore bars also attract 2.5 percent agri cess.

The cut in duty would help curb large-scale gold smuggling, boost gold trade and also boost demand.

The gems and jewelry sector had sought a duty cut to 4 percent. The jewelry sector contributes 29 percent to global jewelry consumption and with the higher cost of making has been under pressure.

India’s import duty with the cut today is still the highest in the world. Countries like US, China, Most Middle East countries and many more have cut import duty to zero to encourage imports.

Stay tuned with all the live action and updates with our Budget 2021 Live blog.

For full coverage on Budget 2021, click here

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow