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Bitcoin and Ethereum Look for Direction, ADA and SOL Trimmed Gains
16.5.2022
Bitcoin price started a downside correction from the USD 31,500 zone and declined below the USD 30,000 support zone before recovering. It is currently (11:29 UTC) trading near USD 30,100 and is almost unchanged in a day. It’s still down 12% in a week....
Read More: Bitcoin and Ethereum Look...
Australian Tax Office Warns Crypto Investors on Capital Gains Obligations
16.5.2022
The Australian Taxation Office (ATO) has published a guideline that sets out warnings for crypto investors on tax obligations around digital assets and NFTs
Crypto capital gains one of four key areas for Australian Tax Office
16.5.2022
“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant commissioner Tim Loh
Bitcoin and Ethereum Consolidate Gains, ADA and SOL Accelerate
16.5.2022
Bitcoin price started a recovery wave above the USD 30,000 resistance zone and climbed above the USD 31,000 level before correcting lower again. It is currently (04:06 UTC) consolidating gains near USD 30,400 and remains at a risk of a downside break below USD 30,000. BTC is up 2% in a day...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending
14.5.2022
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains Are Taxed in Germany The German Ministry of Finance announced Wednesday that it has published...
Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday
14.5.2022
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who entered at the very bottom have seen these gains. This comes as AVAX and NEAR both fell by over 20%. Avalanche (AVAX) Although LUNA was undoubtedly...
Bitcoin stays under $30K as LUNA gains 600% during ‘insane volatility’
14.5.2022
Traders' risk appetite seems untainted as speculation around LUNA runs wild once again
Bitcoin gains superior to stocks in the long term, economist says
13.5.2022
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree
Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free
12.5.2022
Germany’s Finance Ministry has released new cryptocurrency tax guidelines with no tax payable on gains from BTC and ETH sold 12 months after acquisition
Dogecoin eyes 'oversold' bounce as DOGE price gives up 90% of yearly gains
12.5.2022
Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber
UST Competitor Maker Erases Weekly Gains
12.5.2022
The price of the stablecoin protocol Maker’s governance token MKR has erased all of its gains from this week, after spiking up by close to 90% on Wednesday.
At the time of writing (12:18 UTC), MKR was trading at USD 1,117, down by 27% for the past 24 hours and down by 25% for the past...
South Korean Court Gains Support from Exchanges in Bid to Include Crypto in Bankruptcy Cases
12.5.2022
South Korea’s judiciary is set to include crypto holdings in lists of debtors’ assets in bankruptcy cases – and the nation’s leading crypto exchanges have agreed to cooperate with courts on the matter....
Read More: South Korean Court Gains Support from Exchanges in Bid to Include Crypto...
Crypto Market Stage a “Carnage”- Grab the Best Gains From ROI of Over 1000%
10.5.2022
Ever since the recent panic sell-off introduced by the policy flip of the Fed and US stocks, the crypto market has been struggling with the dangerous typhoon. Bitcoin (BTC) price witnessed a plunge of 16%, standing at $33,100 from $39,500 in just five days. The plunge started on 5th May...
Bitcoin.com Secures $33.6 Million Through A Private Sale For Its New Ecosystem Token VERSE
9.5.2022
Bitcoin.com confirms the completion of a private sale round for its VERSE token. The team secured $33.6 million to bring its utility token to the broader bitcoin.com ecosystem. Numerous investors contributed to the round, including Digital Strategies, ViaBTC Capital, Redwood City Ventures, 4SV,...
Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
8.5.2022
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped...
Biggest Movers: LUNA Falls to 6-Week Low, as ALGO Surges 15% on Saturday
7.5.2022
Despite Terra buying $1.5 billion worth of BTC this week, LUNA slipped to a six-week low to start the weekend. Overall, crypto markets remained in the red, however ALGO was one of the rare exceptions to record significant gains. Algorand (ALGO) ALGO was easily one of the biggest gainers during...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash
4.5.2022
Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate
PSA to crypto world: Lock in some gains before going Metaverse
27.4.2022
No doubt, the Metaverse is important, but in the real world, DeFi makes a genuine difference by changing the traditional financial system
Bitcoin and Ethereum Struggle to Recover Higher, DOGE Dives, APE Gains
27.4.2022
Bitcoin price formed a base above the USD 38,000 level and recovered above the USD 38,700 level. It is currently (12:03 PM UTC) trading around USD 39,000 and is facing a strong resistance near USD 39,200. BTC is down almost 4% in a day and 6% in a week.
Similarly, most major altcoins are facing...