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Cryptocurrency Income Taxed at Over 30% by Indian Parliament Member

When it comes to taxing cryptocurrency, a member of India’s parliament has called for a higher tax rate than 30 percent. According to him, the whole amount of all cryptocurrency transactions should have goods and services tax (GST) applied to it. India’s Member of Parliament Plans on Taxing Cryptocurrency Earnings at a 30% The upper … Read more

Blockchain.com’s Value Soars To $14b After New Funding Round: Reports

According to Bloomberg, Lightspeed Ventures and Baillie Gifford & Co., a well-known investment management firm actively involved in growth stocks like Tesla, spearheaded the funding round. The valuation of the companies reportedly increased from $5.2 billion to $14 billion as a result of the funding round, which has yet to be formally acknowledged by Blockchain.com … Read more

Environmental Organizations Launched Another Campaign to Promote BTC’s Low Energy Usage

Earlier this week, a coalition of environmental organizations joined forces to start a campaign advocating for BTC’s low energy usage. The effort tries to persuade bitcoin to update its coding to lower energy consumption, steadily increasing over time. Making a Positive Difference BTC is, without a doubt, the most famous cryptocurrency in terms of market … Read more

Forecast: MANA Price Rises to $3.40 on Continuous Buying Interest

As it continues the gains from the previous week, the MANA price is confident in making further increases. Acceptance over the downward trendline would create a road plan for the upward momentum to continue. The price of mana is steadily rising, with considerable gains. More increases around $3.40 are expected if the declining trend line … Read more

The Treasury, not the Fed, is now responsible for digital currency issuance under the new bill

On the 28th of March, Congressman Stephen Lynch ( D-MA ) will reveal his Electronic Currency Secure Hardware Act, also known as ECASH. Through this bill, the United States Treasury would control software, hardware and network technology to run a person to person retail dollar that’s very similar to cash. Other sponsors involved in this … Read more

The Central Bank of Sudan Declares Cryptocurrency as ‘High Risk’

According to the CBOS, inhabitants of Sudan should avoid dealing in any form of cryptocurrency. The dangers of economic fraud, technological infringement, and the loss of their worth were underlined in the notice. The Central Bank of Sudan was also concerned about the growing use of social networking platforms to promote bitcoin trading. Sudanese Cryptocurrency … Read more

Elon Musk May Create His Social Networking Platform

To gauge interest in a novel social media network, the billionaire tweeted to his 79.2M followers. Musk has claimed that he’s strongly contemplating building one in answer to a Twitter follower who inquired when he will construct one. Elon Musk Reason Behind Possibly Creating a Social Media Platform Elon Musk is pondering the establishment of … Read more

SHIB Investor Expands His Holdings to AAVE and MKR While Acquiring 271.3B SHIB

According to data supplied by WhaleStats and monitored by Etherscan, a huge Ethereum investor reportedly amassed a remarkable amount of Shiba Inu meme tokens, reaching over 271,000,000 tokens. Meanwhile, another significant SHIB whale (with $91,000,000 in meme tokens) has purchased massive volumes of other popular cryptocurrencies 271.3M Shiba Inu Snatched by a Whale A whale … Read more

Bullish BTC, Ethereum, and Cardano Attack Sets Traders Up For The Weekend

After a solid week that saw the whole cryptocurrency market earn more than $300B in one month, BTC leads other cryptos on a bullish attack heading into the weekend. At 4:34 pm, BTC’s daily candle ended at $44,340, surpassing $45K throughout the day. The value has remained on a bullish trend from Monday the previous … Read more

Abu Dhabi Global Market to Release Framework for Trading NFTs

The Abu Dhabi Global Market will release a framework that would permit cryptocurrency exchanges and platforms to have the free will to trade NFTs in the free trade zone. The country released a consultation paper on Monday that contained some proposals to enhance capital markets and digital assets, including NFTs.  The consultation paper pinpointed the … Read more