In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
More than $12.6 million has been confiscated from 11 crypto exchanges. The authorities seemed to be concerned about the rapid pace of acceptance. The overall crypto market appeared optimistic on the most prominent cryptocurrencies like bitcoin, ether, and other altcoins, with a global market cap of $2.14T, showing no signs
All virtual digital assets (VDAs) and their revenues will be subject to tax. Those that make money by converting Bitcoin to NFTs will also be taxed. The Finance Bill, 2022 was approved in the Lok Sabha, which means that the Budget 2022’s measures on crypto tax would begin to take
The money will be used to buy additional bitcoins for the firm. The last purchase was in February when a $25 million transaction was made. A subsidiary of MicroStrategy, named MacroStrategy, has received a $205 million term loan from Silvergate Bank, collateralized by its BTC holdings, under its SEN leverage
More than $133.5 million in bitcoin has been added to the Terra Foundation’s holdings. Bitcoin is up 1.43% in the last 24 hours. On March 28, Bitcoin hit a high of $48,189, and an ascending parallel channel may have contained the whole movement. The nearest resistance would be located at
SEC has postponed its announcement until today. The SEC has only authorized Bitcoin exchange-traded fund (ETF) applications. In order to have its Bitcoin ETF proposal approved, Grayscale is prepared to sue the SEC. According to Michael Sonnenshein, CEO of Grayscale, in an interview with Bloomberg, he was open to any
The Ministry of Finance formed a crypto asset research group. Approximately 5.9 million Vietnamese citizens possess cryptocurrencies. At the request of the country’s deputy prime minister, Le Minh Khai, many government agencies have been tasked with establishing a legal framework for cryptocurrencies. Finance, Justice, along with Information and Communications, are
DeFi’s 24-hour trading volume presently stands at $16.89 billion. Currently, bitcoin is trading at $47,557 with a market dominance of 42.19%. Early in the day, on March 29, cryptocurrency prices were up. The worldwide cryptocurrency market capitalization has risen 1.78 percent in the previous 24 hours to $2.14 trillion. More
VTHO is employed to pay for GAS charges when writing data. VeChain was founded with the goal of upending established business paradigms. A private consortium chain, VeChain, was formed in 2015 to investigate the potential uses of blockchain technology. VeChain wants to develop an ecosystem that addresses significant data challenges
Around 61,000 Bitcoin was withdrawn from exchanges in just 15 days. The last time BTC had a substantial outflow, the price rose significantly. The price of Bitcoin rose over $43k for the first time in a long time. After a 24-hour retracement, BTC regained $44,000 and went on the offensive.
This improvement may lower energy usage by at least 99.95 percent. Ethereum has outperformed Bitcoin in the crypto market in recent weeks. One of Ethereum blockchain’s main issues is the high cost of gas. There was a time when the Ethereum gas charge was $50 per transaction, which sparked a
