Category: Industry

February 4, 2022

Besides the acceptance of Cryptocurrency in India, Government now plans to collect tax from the crypto gains and as a result, the Government will include a separate section to divulge profits over crypto-assets and taxes. Crypto tax may be new stuff in the news but earnings are always taxable said the Revenue Secretary, Tarun Bajaj. […]

One of the most outstanding cross-blockchain bridges, Wormhole fell victim to a hack worth over $326 million in the afternoon of Wednesday. The official Twitter handle of the project tweeted “Portal is Temporarily Unavailable.” After this, the prominent enclosed platform that connects Ethereum, Solana and other blockchain platforms is concerned about negotiating with the cyberpunk. […]

  A Ukrainian authority recently said that nearby laws don’t preclude individuals from paying in crypto assuming it’s changed over into fiat. Significant digital money trade Binance keeps pushing tasks in the Commonwealth of Independent States (CIS) by setting up a new crypto installment card in Ukraine. Binance is hoping to arrive at a predominant […]

January 31, 2022

  The native token of the Terra ecosystem, LUNA is experiencing the impacts of negative sentiment after Thursday’s Wonderland drama.   LUNA Token Down by 17% on Friday Morning   The token, which backs Terra’s algorithmic UST stablecoin, was down more than 17% on Friday morning, according to data from CoinMarketCap. LUNA exchanged as low […]

  A controversial proposed rule that would implement know-your-customer rules on unhosted or self-hosted crypto wallets may again be getting looked at by the U.S. federal government.   The Rule was Initially Proposed in the End of 2020 by FinCEN   The rule was first proposed toward the finish of 2020 by the Financial Crimes […]

  Bitcoin moved minimal over the course of the end of the week with light exchanging volume, as most of the business sectors in Asia head to the weeklong Lunar New Year holiday.   At the hour of distribution, the most established cryptographic money is changing hands at more than $38,100, up marginally throughout the […]

  There isn’t enough Bitcoin for worldwide moguls to possess one, Bukele said.   Salvadoran President Nayib Bukele made one more bullish Bitcoin (BTC) expectation not long after the International Monetary Fund had asked his administration to eliminate Bitcoin’s status as lawful delicate.   Bukele took to Twitter on Monday to anticipate that Bitcoin will […]

January 28, 2022

  Robinhood (HOOD) shares slid practically 13% to $10.12 in the post-hour exchanging on Thursday after the commission-free exchanging stage announced a decrease in cryptocurrency revenue, and overall final quarter revenue and earnings that missed the mark regarding analyst assumptions. Robinhood Revenue Totaled Almost $48M Transaction-based digital money revenue totaled $48 million contrasted with $51 […]

  Bitcoin (BTC) exchanged a tight price level somewhere in the range of $35,000 and $38,000 on Thursday following a couple of long stretches of sharp value swings.   Traders Positioning Themselves Ahead of Bitcoin Options Expiry Traders are beginning to position themselves ahead of the bitcoin options expiry on Friday. Up until this point, […]

  Bitcoin expanded its losses for the most part of Thursday, a day after hawkish comments from U.S. Federal Reserve Chairman Jerome Powell, as the stock market additionally slid for certain merchants betting that the central bank will raise interest rates multiple times this year. Bitcoin Changing Hands Around $37,000 Bitcoin, at the time of […]