The online gaming and gambling industry in India is growing at a frightening pace. Indeed, by some estimates, it could exceed $7 billion in value by 2026. For this reason, the Prime Minister’s Office (PMO) has been drafting legislation for some time that would give the government greater control over online games involving real money. […]
Nearly 75% of retailers have plans to start accepting cryptocurrency payments within the next 2 years. With the rising popularity of Bitcoin, the number of Bitcoin ATMs is growing rapidly as well. If you want to buy or sell Bitcoin, one of the most convenient ways to do it these days is to visit a […]
Few weeks ago, when I looked at my phone under the crisp spring sun, I was taken over by panic. The cryptocurrency market had crashed; all of my investments were down significantly. After few moments, I exhaled and said, “It’s a volatile market, it will recover soon.” But till day the slump in the market […]
The bitcoin price has been highly volatile as it made dramatic swings to create enormous gaps for investors. The problems with the market are not in the cryptocurrency itself, but rather in the volatility of Bitcoin’s price. If you’re looking to understand where Bitcoin is headed in the future, this blog article could help you. […]
A Chainalysis report shows that global cryptocurrency investments increased by 400% in 2021, with Bitcoin up 60 percent to $46,300 and Ethereum up 400% to $3,650. While bitcoin saw a 60% gain and ethereum rose 400% to $3,650, the report cites other statistics indicating that profits will continue to skyrocket. The United States leads the […]
As per CoinMarketCap, Bitcoin dipped over 8% in the past week. The new tax laws severely impacted cryptocurrency. While the 30% tax on crypto came into effect on April 1, the 1% TDS deduction will take effect from July. The first week of April witnessed a negative impact on BNB, Bitcoin, Shiba Inu, Ethereum, Litecoin, […]
The crypto industry loosened up as the European Parliament rejected a clause in MiCA. Furthermore, the crypto industry weighs the pros and cons of PoW vs. PoS. The clause in Markets in Crypto Assets (MiCA) would have banned PoW protocol-based cryptocurrencies, including bitcoin. However, Solana and Cardano stand on PoS, where miners can “stake” cryptocurrencies […]
Ukraine’s government has raised cryptocurrency donations worth $13 million, according to Elliptic. As per data from Elliptic, a blockchain analysis firm, bitcoin donations poured in after Ukraine appealed to social media. Ukraine’s cryptocurrency and digital token donations On Saturday, Ukraine’s official Twitter account appealed for cryptocurrency donations. Ukraine’s Vice-Prime Minister and minister of digital transformation, […]
Du Jun, Huobi, co-founder, says that due to the halving cycles, there will be no bitcoin bull run until 2024. He believes the halving events affect the bitcoin market cycles. He said, “Following this cycle, it won’t be until end of 2024 to beginning of 2025 that we can welcome next bull market on bitcoin.” […]
The Indian Crypto Industry seeks a revision on the 30% tax rate from the government. The 2022 Union budget announced a 30% tax imposition on cryptocurrency. The Blockchain and Crypto Assets Council drafted a memorandum that will consider the several implications of the new tax rule. The memorandum will also monitor the impact of the […]
