Top cryptocurrency prices today: Bitcoin, Ether fall up to 4%; Solana among gainers

New Delhi: Cryptocurrency counters continued to bleed on Monday amidst the volatility in the market. Traders turned anxious, booked profits in the digital tokens as they are on their toes considering the regulation buzz in the global markets. Bitcoin, which has been falling since hitting all-time high, fell further 2 per cent. Ether followed suit, … Read more

El Salvador plans to establish a ‘Bitcoin City’ fueled by cryptocurrencies.

THE RIGHT TO BE FREE: El Salvador President Nayib Bukele announced that his government will create an oceanside “Bitcoin City” at the base of a volcano in a rock concert-like setting. Bukele used a Saturday night gathering of Bitcoin enthusiasts to announce his latest idea, similar to how he used a video message at a … Read more

How to recognise & avoid cryptocurrency scams

Due to the huge demand for cryptocurrencies and the rapidly changing landscape, there has been a surge in cryptocurrency-related scams. As a result, it is critical for investors to protect themselves from rogue crypto exchanges and tokens. Every investor and non-investor is a target for con artists attempting to make quick money by preying on … Read more

In India, a crypto ban is unlikely, but the government intends to discourage trade.

The cryptocurrency market has been quietly growing in India for several months, and the Reserve Bank of India has raised worries about it, prompting the Centre to take notice. In recent days, the government has stated that it intends to regulate cryptocurrencies in order to prevent investors from keeping them without limitation. It does not, … Read more

Shiba Inu, Bitcoin, Dogecoin, Ether, As the global crypto market cap falls, expect big drops.

Despite signs of recovery on Thursday morning, bitcoin prices have continued to fall. Bitcoin is presently trading at $60,879 (approximately Rs. 45.2 lakh) on Indian market CoinSwitch Kuber, while the most popular cryptocurrency is valued at $55,950 on worldwide platforms like CoinMarketCap (roughly Rs. 41.5 lakh). In terms of percentages, Bitcoin has dropped 7.55 percent … Read more

Crypto earnings may be taxed if government amends income tax legislation in the next Budget.

New Delhi, India: With Budget 2022, the central government intends to make major modifications to income tax legislation. The government is considering steps to bring cryptocurrencies within the tax system, according to Revenue Secretary Tarun Bajaj. According to Bajaj, some people are already paying capital gains tax on bitcoin revenue, and the law is “quite … Read more

On television, cricket matches garnered the most bitcoin ads.

This year, cryptocurrency commercials, which are being increasingly scrutinised, were widely featured on TV channels, particularly during the broadcast of cricket competitions. According to AdEx India, a branch of TAM Media Research, a television audience measurement analysis organisation, over 85% of bitcoin commercials shown on TV this year were on sports channels. News networks accounted … Read more

Sundar Pichai, the CEO of Google, has revealed that he isn’t the owner of any cryptocurrency.

Sundar Pichai, the CEO of Google and its parent company Alphabet, feels that the humble search bar, which has stayed constant over the years, is the key to the Internet’s future. In an interview with Bloomberg Television’s Emily Chang for the Bloomberg New Economy Forum in Singapore, Pichai said, “I feel lucky our objective is … Read more

Investors in cryptocurrencies rush to tax professionals for clarification on taxation.

New Delhi, India: As the government considers enacting a cryptocurrency law, those who already invest or trade in this asset class are contacting their tax consultants for clarification on how the profit created from this investment would be taxed. According to the Economic Times, which cited tax specialists, investors want to know the income tax … Read more

The Nations Should Ensure Crypto Does Not Go Into The Wrong Hands, said the PM.

Narendra Modi stated that it is critical for all democratic nations to collaborate on cryptocurrencies and ensure that it does not fall into the wrong hands, which could harm our youth. New Delhi, India: Prime Minister Narendra Modi made his first public comments on cryptocurrencies today, saying that the world’s democracies must work together to … Read more

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