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Search Results for: Cryptocurrency

Dubai Police Plans to AirDrop Unique Collection of 150 NFTs

BitOasis and the law enforcement agency work together to combat cybercrime. It seems the NFTs will be minted on the Solana Network as seen in the hashtag. The rise of NFTs throughout the globe has resulted in several companies entering the market. Some of the worldwide brands that have joined

April 2, 2022 2 mins read

2,000 BTC Outflows From Coinbase To Unknown Wallet By Whales

Since the inception of the crypto industry, trading is the main move that the whole industry depends on. Without trading, the concept of cryptocurrencies is useless, while trading huge volumes makes a bigger difference in the price action. Transferring funds are the major activity for traders while blockchain technology tracks

April 1, 2022 2 mins read

Bitcoin (BTC) Network Expansion Leads to Even Higher Use of Energy

The network depends on thousands of miners using energy-intensive equipment. On an average day, the bitcoin network handles 240,000 transactions. As the Bitcoin network expands, so does the amount of energy it consumes. In response to the rising worldwide demand for bitcoin miners to utilize more renewable energy, organizations like

April 1, 2022 2 mins read

New Legislation Proposed in Texas Aims to Eliminate Taxes on Bitcoin Mining

The Texas severance tax is a flat 7.5% of the market value of natural gas. Opponents argue that it encourages oil companies to continue drilling. Taxes on the sale of flared gas used to mine Bitcoins would be eliminated under new legislation proposed by the Texas cryptocurrency sector to lower

April 1, 2022 1 min read

Bitcoin and Ethereum Achieved Largest Profit Transactions as per Santiment

BTC and ETH had achieved their most significant profit transactions since November 1. Interest in BTC and ETH is increasing at the present levels. According to on-chain statistics from Santiment, Bitcoin (BTC) and Ethereum (ETH) have seen their most significant profit transactions since their all-time high (ATH) price in November.

April 1, 2022 1 min read

Terra (LUNA) Price Likely to Benefit Following Accumulation of Bitcoin

Bitcoin and the rest of the crypto market had a great start to the week as long-term investors continued to build their positions. On the other hand, Terra is continuing to build up its Bitcoin holdings as part of its plan to support the UST stablecoin. The Terra Foundation has

April 1, 2022 1 min read

Solana Maintains Momentum Overtakes Litecoin as 6th Largest Crypto by Market Cap

Bitcoin and Ethereum have fallen by roughly 5 percent. Solana’s value has risen by more than a third from March’s low of $81. As of this writing, Solana (SOL) has overtaken Litecoin as the sixth-largest cryptocurrency by market capitalization after a remarkable rise over this past week. On Thursday, a

April 1, 2022 1 min read

Investors in India To Pay 30% Tax on Crypto Profit Starting From Today

A petition promoting this subject has received 1,02,956 signatures so far. It allows the government to keep tabs on all trade, digital assets. In India, taxation on cryptocurrency assets will begin on April 1, 2022. Finance Minister Nirmala Sitharaman revealed several modifications to the tax code in her presentation of

April 1, 2022 1 min read

Meta Files Multiple Trademark Applications For Blockchain and Crypto Products

Aiming to provide NFTs through Instagram avatars is already being considered. Both Meta Portal and Meta Horizon have been trademarked to encompass VR. Facebook (Meta) may be planning to launch its own cryptocurrency exchange and digital assets wallet, based on recent data from crypto commentator Bitcoin Archive on its Twitter

April 1, 2022 2 mins read

EU Parliament Approves New Legislation Banning Non-custodial Crypto Wallets

Bitcoin and the larger cryptocurrency market are again under negative pressure after a solid start to the week. More than $100 billion of investors’ worth has been wiped out by the crypto market’s 5% correction. As a result, Bitcoin is down 5.27 percent at press time and has fallen below

April 1, 2022 1 min read