Tag: bitcoin trader

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Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However, India’s finance minister insists that the TDS on crypto…
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NoVa Battles Rocked the 2022 Dubai Crypto Expo

PRESS RELEASE. At the Dubai Crypto Expo that happened between March 16 and 17, 2022, the NoVa Battles team led by CEO Lucian joyfully received the prestigious title of “Best Crypto Game 2022” in Dubai. The NoVa Battles ecosystem is designed to reward its community members in multiple ways for their time and effort. In…
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Bitcoin Tests USD 47K, Ethereum Reaches USD 3.3K, Altcoins Gain Momentum

  Bitcoin price started a fresh increase above the USD 45,500 resistance zone and even briefly surpassed the USD 47,000 level. It is currently (04:00 UTC) consolidating gains near USD 46,900 and eyeing an upside break above USD 47,500. Similarly, most major altcoins are gaining bullish momentum. ETH was able to clear the USD 3,300…
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Is Austin the next US crypto hub? Officials approve blockchain resolutions

The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation. Innovative cities across America are racing to become the next hot spot for cryptocurrency and blockchain adoption. Miami was the first city to adopt its own part of CityCoins last year, allowing…
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NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539.2 million. The top NFT collection in terms of weekly sales was the Azuki compilation of collectibles, as the project saw a…
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Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days

The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last 24 hours, as the valuation stands at $2.1 trillion today. Furthermore, the price of bitcoin jumped over the $46K zone on Sunday as…
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Top 5 cryptocurrencies to watch this week: BTC, ADA, AXS, LINK, FTT

ADA, AXS, LINK and FTT may start a strong recovery in the next few days if BTC holds the $45,000 level as support. Bitcoin (BTC) is attempting to notch its second successive weekly gains and end at the highest weekly closing price year-to-date. According to on-chain data from Glassnode, the recovery in Bitcoin’s price was…
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Elon Musk Giving ‘Serious Thought’ to Creating Social Media Platform With Free Speech as Top Priority

Tesla and Spacex CEO Elon Musk says that he is “giving serious thought to” creating a new social media platform with free speech as a top priority. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” the Tesla billionaire said. Elon Musk Considers…
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What is a cryptocurrency mixer and how does it work?

This guide will explain how cryptocurrency mixers and Bitcoin tumblers mix potentially traceable coins, making it harder to track transactions. Can you trace a cryptocurrency tumbler or Bitcoin mixers? Due to crypto mixing services, it is tough to track specific coins because all the coins are pooled together and then distributed at random intervals. Cryptocurrency…
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Dogecoin signals bottoming out as DOGE rebounds 30% in two weeks — What’s next?

DOGE’s price could swell by more than 150% on a classic bullish reversal setup known as the falling wedge. A brutal correction witnessed in the Dogecoin (DOGE) market between May 2021 and February 2022, which saw the price dropping by almost 85%, appears to have come to a halt this month. DOGE/USD rebounds 30% in…
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