Wed, September 23

Bitcoin (BTC) Price Falls Sharply After Brief Rebound to $32K Level

Bitcoin has been down 5.15% in the last 24 hours. In June, BTC is expected to reach the 200-WMA at roughly $23k, based on past trends. New all-time high BTC balances for a specific Bitcoin address category were revealed by IntoTheBlock when Terra dumped its Bitcoin into the market in

June 1, 2022 2 mins read

Whale BTC Shifts 800 Bitcoins From Binance To Gemini

Since the beginning of the crypto industry, Bitcoin has never left its position to any other cryptocurrencies. The impact that BTC has created in this crypto world is irreplaceable because of its structure and performance. Though the entire world knows that cryptocurrencies are volatile, Bitcoin made traders believe that investing

June 1, 2022 2 mins read

Panamanian Bank Towerbank Turns “Bitcoin-Friendly”

 Bitcoin withdrawn from exchanges can be deposited in the bank accounts.   As of now, the bank does not provide any direct crypto-based services. Towerbank, one of the top banks in Panama, has now joined the list of “crypto-friendly banks” that have voiced their support for Bitcoin adoption. Initially, this information

June 1, 2022 2 mins read

Crypto Consultation Paper in Cooperation With IMF in Works as India Eye Regulation

Uncertain regulations have made it difficult for the Indian crypto business to function. Crypto is a worldwide concern that requires “collective and synchronised action.” Finalizing a consultation document on cryptocurrencies, the Indian Department of Economic Affairs will next give it over to the federal government. Global regulatory agreement on digital

June 1, 2022 1 min read

Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

The country is a global leader in the hash rate of BTC mining. The government is contemplating raising municipal costs for cryptocurrency mining. The government of Kazakhstan, one of the biggest nations in the world in terms of the distribution of Bitcoin (BTC) mining hash rates, has announced budget gains

June 1, 2022 1 min read

Fidelity Investment Plans To Hire Staff in Bulk for Digital Asset Team

Users may buy, sell, and store large sums of Bitcoin and other digital assets. The platform’s data and applications are stored in the cloud. Blockchain Engineers, Developers, and Programmers are in great demand. As with its Bitcoin custody service, Fidelity is now providing comparable services for Ethereum. As the market

June 1, 2022 1 min read

Can Bitcoin Help the US Combat Monetary Inflation?

As inflation began surging up in late March, the growth of the global economy slowed down.  The US Federal Reserve led by Jerome Powell chose to raise the interest rates to combat inflation and restore price stability in their economy. The interest rate hiked to its 22-year high and the

May 31, 2022 2 mins read

CBDT of India Plans to Define NFT Tax Framework to Remove Uncertainties

Tokens like NFT are included in the VDA’s definition regardless of their names.  The government of India now levies a VAT of 18% on crypto exchange transactions. Guidelines on the scope of virtual digital assets are anticipated to be released ahead of the June 15 first due deadline for advance

May 30, 2022 2 mins read

Bitcoin’s 9th of Week Red Zone

The king of the Crypto market Bitcoin (BTC) still bears haven’t yet left the ground and it  crashed Bitcoin and setting a new 9th week of Red candle in a row.   Bitcoin closed the week in the red and its losing streak set a new nine weeks Red candles record.

May 30, 2022 1 min read

Bank of Russia Speeds Up Ruble’s Digital Counterpart Launch

Russian central bank had initially planned to begin the digital ruble pilot. Digital ruble wallets were established using mobile applications. Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the ruble’s digital counterpart, Forbes reported in Russian, citing CBR First Deputy

May 30, 2022 2 mins read