So, is cryptocurrency important to the future of your business? I recently heard two experts on the subject: Jessica Washington, Vice President, the Federal Reserve and Kelly Werder, FGCU. Here are my 3 biggest takeaways. Takeaway number one: Blockchain is a technology. The first blockchain was Automated Clearing House, or ACH. Blockchain is not just …
TDS deduction will be applicable to all virtual digital asset transfers including cryptocurrencies After the 30 per cent tax rate introduced by the Government in the Union Budget 2022-23, cryptocurrency sale transactions are set to attract additional tax deducted at source (TDS) of 1 per cent from July 1 onwards. The TDS deduction will be …
1% TDS To Be Charged On Cryptocurrency Transactions From July 1. Here's What It Means Read More »
Securities and Exchange Commission Chairman Gary Gensler today reaffirmed the SEC’s view that Bitcoin is a commodity but refrained from extending the label to any other cryptocurrencies in an interview with CNBC. Gensler single out Bitcoin as an example of a crypto asset that should be regulated under the Commodity Futures Trading Commission (CFTC), as …
SEC Chair Gensler Again Says Bitcoin Is Not a Security. What About Ethereum? Read More »
Key Takeaways Bitcoin is stuck between $21,500 and $21,000. Meanwhile, Ethereum is trading between $1,250 and $1,190. Closing outside these trading ranges will determine the trend’s direction. Share this article The cryptocurrency market had a quiet weekend as the top two assets by market cap, Bitcoin and Ethereum, continued consolidating. Still, a significant price movement …
Bitcoin, Ethereum Poised for Big Price Movements Read More »
The crypto sector hit highs of about $3 trillion in total assets last November but that has plunged to less than $1 trillion now. The price of cryptocurrencies including Bitcoin can fluctuate due to changes in supply and demand, as well as speculation about price changes. Why is crypto dropping? Bitcoin was trading at $64,000 …
Why is crypto dropping? Bitcoin, Terra and Ripple suffer as 'victim of own success' Read More »
People naturally pegged the responsibility to irresponsibly overleveraged hedge funds and lending platforms. The problem is centralized finance, or CeFi, cosplaying as DeFi, they said, and there are no issues with DeFi proper. However, the idea that “this time will be different” and that financial actors would all act sensibly once DeFi “wins” is the …
Fan tokens are one of the most exciting crypto-based investments available. The top fan tokens offer access to several facilities…
Bitcoin continued to fall on Wednesday, extending a sharp selloff in cryptocurrency prices. In late afternoon trading bitcoin traded for $21,552, according to CoinMarketCap, marking a nearly 70% drop in value since the digital currency hit its all-time high of more than $67,000 last November. Analysts say the price has slumped as investors move out …
Bitcoin extends slide as cryptocurrency selloff deepens Read More »
© Reuters Market Volatility Has Cryptocurrency Businesses on Edge Current market conditions have cryptocurrency companies on the edge. Crypto lenders Celsius Network and Babel Finance have halted their operations. Coinbase (NASDAQ:), BlockFi, ByBit, Crypto.com, and Gemini have all cut down their workforces due to the present downturn in the crypto market. Due to the current …
Market Volatility Has Cryptocurrency Businesses on Edge By CoinQuora Read More »
Bitcoin price continues to gather bullish momentum as its recovery eyes a retest of $23,500. Ethereum price grapples with the 200-week SMA as bulls look to revisit $1,730. Ripple price faces massive hurdles, other altcoins that have experienced highly volatile unlike recoveries. Bitcoin price has shown incredible resilience after its massive crash in the second …
