Sat, February 8

India’s Finance Minister Announces Crypto Income Taxation at 30%

All digital asset transactions would be subject to a 1% TDS. The Reserve Bank of India will introduce a digital rupee this year. Sources have long maintained that cryptocurrencies would be deemed digital assets, which Finance Minister, Nirmala Sitharaman, appeared to affirm today. Even though the government has not yet

February 1, 2022 1 min read

Investors Breathe a Sigh of Relief as Crypto Market Starts to Recover

Cryptocurrencies for the most part have gone in the same direction as equities. Year-to-date, Bitcoin is down almost 18 percent. Coins like Solana and Terra have seen significant increases in the past 24 hours. After a rough start to the year, bringing the market into the green for the month

February 1, 2022 1 min read

Indonesia Bans Financial Institution to Engage in Crypto Dealings

Indonesia had 7.2 million digital currency owners in 2021. Nahdlatul Ulama has declared Bitcoin haram. One of the world’s most influential digital currency centers has banned banking institutions from involving in digital currency. Amid increasing pressure from influential religious groups, Indonesia’s banking regulator has reaffirmed its prior warning against the

February 1, 2022 1 min read

Whale Alert: 715 Bitcoin (BTC) Transferred From CoinBase to Unknown Wallet

Bitcoin is up 1.26% in the last 24 hours. Bitcoin bulls face severe barriers between $37,500 and $38,500. As most Asian markets prepared for the weeklong Lunar New Year vacation, Bitcoin and other cryptocurrencies saw minimal movement over the weekend due to low trading activity. Despite the crypto market’s steep

January 31, 2022 1 min read

Recent Opinion Poll Reveals Russians Divided Over Crypto Ban in the Country

According to the poll, most Russians (64%) have heard about bitcoin. Russians own nearly 17 million crypto wallets. The Russian Public Opinion Research Center (Vtsiom) has released new research evaluating Russian individuals’ opinions towards crypto assets and operations amid continuous disputes on the future of digital currencies. Regarding the country’s

January 30, 2022 1 min read

Popular TikTok Influencer Shares His Crypto Investment Plan

Even conservative estimations show that diversification is vital. Investors could have up to 80% invested in both growth and value. Diversifying the investment portfolio is critical to protect themselves from the dangers inherent in any investment. It implies that one must invest in a variety of assets so that the

January 30, 2022 1 min read

Finder’s Poll Reveals Only 5% Americans Own Crypto Credit Card

Finder performed an online study of 2,500 American individuals. Users of Blockfi credit cards, get up to 3.5 percent of their purchases in BTC. First digital currency payment cards that can be loaded with crypto assets have been around for a few years now and used to make transactions. In

January 30, 2022 1 min read

Bitcoin (BTC) Makes Steady Gains While DeFi Market a Major Concern

On Friday, Bitcoin (BTC) remained over $37,000 and had gained nearly 3% in the previous day. Altcoins have begun to settle following a week of volatility in the cryptocurrency market. A prospective reversal in the stock market’s fortunes would also interest analysts, who were keeping a close eye on it.

January 30, 2022 1 min read

British Man Loses $200K to Lady Love in Online Crypto Scam

Jia presented herself to him as having “inside information.” The lady urged Tom to keep investing in the shady software. A guy in the United Kingdom was apparently duped out of over $200,000 of his life savings by a lady he met online. After the hustle, the guy stated that

January 30, 2022 1 min read