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Nalezeno "losses": 863

India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force


Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...

Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains


  After bitcoin started a fresh decline from the USD 48,000 resistance zone and spiked below the USD 45,000 support zone, it managed to return above this level and is currently (11:31 UTC) trading near USD 45,200 again. BTC is down 4% in a day. Similarly, most major altcoins are trying to recover...

Crypto Pyramid Busted in Russia, Losses Exceed $10 Million


Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto...

Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions


India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals...

Bitcoin and Ethereum Increased Losses, ZEC and STX Rally


  Bitcoin price moved into a bearish zone below the USD 40,000 level. BTC even extended decline below the USD 38,500 level before somewhat recovering. It is currently (04:40 UTC) showing bearish signs below USD 38,700 and still might extend losses. Similarly, most major altcoins are trading in...

Bitcoin, Ethereum Try to Recover Losses, Risks Remain 


  Russia’s invasion of Ukraine has sparked a sharp selloff in bitcoin. BTC declined below the USD 35,000 level and is currently (11:50 UTC) trying to recover losses once again. Similarly, most major altcoins are down over 10%. ETH declined below the USD 2,350 support level before recovering....

Bitcoin and Ethereum Consolidate Losses, Altcoins Struggle


Bitcoin price gained bearish momentum below the USD 38,000 level. BTC even tested the USD 36,500 level. It is currently (11:30 UTC) consolidating losses and might recover to USD 38,500. Similarly, most major altcoins are consolidating losses. ETH tested the key USD 2,500 support, where the bulls...

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