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Advisor Network Cryptocurrency Economic & Finance Fintech Market Overview

What is happening to the Bitcoin? Why it is crashing?

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 […]

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Advisor Network Cryptocurrency Economic & Finance Fintech Market Overview

Bitcoin Price Analysis: Will BTC Fall Further? – Forecasts, Predictions

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. […]

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Advisor Network Cryptocurrency Digital Money Economic & Finance Fintech Market Overview

How is the increase in cryptocurrency value in recent years inspiring for the crypto world?

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 […]

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Cloud Computing Cryptocurrency Digital Money Economic & Finance Laws & Taxes Market Overview

New tax laws negatively impact cryptocurrency this week

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, […]

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Cloud Computing Cryptocurrency Digital Money Ecommerce Economic & Finance Laws & Taxes Stocks & Funds Technology

PoW vs. PoS as European Parliament rejects clause in MiCA

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 […]

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Cryptocurrency Digital Money Economic & Finance Politics

Elliptic: Ukraine’s cryptocurrency donations worth $13 million

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, […]

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Cryptocurrency Digital Money Economic & Finance Market Overview Stocks & Funds

Halving cycles lead to no Bitcoin Bull Run until 2024: Du Jun

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.” […]

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Cryptocurrency Digital Money Economic & Finance Laws & Taxes Stocks & Funds

Indian Crypto Industry seeks a revision on 30% tax rate

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 […]

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Cryptocurrency Digital Money Economic & Finance Investing Laws & Taxes Stocks & Funds Technology

‘Bitcoin Family’ sets its roots in Portugal for its 0% tax

The Taihuttus ‘Bitcoin Family’ sets its roots in Portugal for its 0% tax on cryptocurrency. Portugal is known to be Europe’s ultimate crypto tax haven. The so-called ‘Bitcoin Family’ patriarch chose Portugal for favourable crypto tax rules.  Didi Taihuttu said, “You don’t pay any capital gains tax or anything else in Portugal on cryptocurrency. That’s […]

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Advisor Network Cryptocurrency Digital Money Economic & Finance Market Overview

Bitcoin market cap drops 11% in 24 hours

As the Bitcoin market cap drops 11% in 24 hours, the world’s most significant 100 cryptocurrency tokens are trading in the red.  Overall the entire cryptocurrency market cap fell below 12% in the last 24 hours, according to coinmarketcap.com.  Cryptocurrency drops in the last 24 hours Ether, the second-biggest cryptocurrency, went down 15%, dropping to […]

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