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Politician Challenges Japanese Gov’t on Crypto Tax Rate, Urges Review


Shun Otokita. Sourse: a screenshot, Instagram/otokitashun A Japanese lawmaker has challenged the government on its crypto tax rate policy, claiming that the current rate of taxation on crypto-related profits is “too high” – claiming that “investors are moving their money overseas” rather than...

The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days


The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...

Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors


While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...

Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare


In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...

Why Is South Korea’s Coronavirus Fatality Rate so Low?


With the coronavirus pandemic raging – bringing illness, death, and unprecedented economic decline in its wake, the pressure is on scientists, doctors and statisticians to pick key patterns out of the flood of coronavirus-related data. In fact, rewind a few weeks and you may recall that South Korea...

Fed Rate Cut: CZ Holds a Different Perspective


 The Covid-19 outbreak has affected the communities all over the world and has affected the worldwide economic activity. The financial conditions have been affected globally. As per the present economic data, the US economy is facing a challenging period. According to the official Press Release...

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