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Nalezeno "losses": 893

Biggest Movers: DOGE up on Twitter News, WAVES Deep in the Red


DOGE rallied on Monday, as traders reacted to the news that Elon Musk was possibly nearing a takeover of Twitter. While DOGE surged, AXS and WAVES were also big movers, however they were mainly in the red, as recent losses extended. Dogecoin (DOGE) DOGE was trading higher to start the week,...

Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to 5-Week Lows


Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900. Bitcoin Bitcoin started the week trading in the red for a fifth...

Bitcoin and Ethereum Consolidate Losses, SHIB Surges


  Bitcoin price retested the USD 39,200 support zone. BTC remained supported and climbed above USD 40,000. It is currently (04:28 UTC) consolidating losses below USD 40,100 and facing many hurdles on the upside near USD 41,200. BTC is up less than 1% in a day. Besides, most major altcoins...

Bitcoin and Ethereum Target Additional Losses, Altcoins Slide


  Bitcoin price remained in a bearish zone below the USD 43,000 level. BTC extended decline and traded below the USD 41,500 support. It is currently (12:15 PM UTC) declining towards USD 41,000 and might soon test the USD 40,000 support. BTC is down 4% in a day. Similarly, most major altcoins...

Bitcoin and Ethereum Trim Losses But Recovery Could Face Hurdles


  Bitcoin price spiked below the USD 43,000 level before recovering. BTC is currently (11:46 UTC) consolidating near USD 48,000 level. If there is an upside correction, the price could face resistance near USD 44,000. Similarly, most major altcoins might struggle to recover losses. ETH might face...

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...

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