Cryptocurrrency News
In this section you will find all news, analysis and forecasts related to bitcoin.
The unfortunate crypto investors can potentially claim their digital assets that were lost in an exploit in the form of a tax loss if they reside in the jurisdiction where laws permit for it. After the news that Solana’s 8,000 wallets had…
Polkadot price lost more than 9% on the daily chart. DOT encounters severe downside following extended upside. Declining beneath support at $8 might welcome further plunges. Polkadot has had its price turning bearish today, with the altcoin dropping over 9% within the…
The Financial Supervisory Commission (FSC) – which is the main financial regulator in Taiwan – released a note for the banking industry, stating that virtual assets providers (VASPs) should not be permitted by them to play the role of a merchant to…
Bitcoin has ended July’s first week with an impressive upswing as enhanced market conditions catalyzed increased accumulation. The bullish moves led to a substantial upsurge that propelled the bellwether crypto beyond $22K early on July 6. Moreover, Bitcoin climbed to the $22,527…
Nowadays, the miners and the market are facing a crisis. The public mining firms expressed their concern through financial statements that the firms had to increase the sale of cryptocurrencies by four times to meet their needs. In May, public mining firms…
BTC mining operations need more electricity than other customers, so PUD Commissioners decided to charge the bill with the newly increased rates from BTC miners in Chelan County and Washington. 560 KPQ reported recently that electricity rates have increased by nearly 29…
South Korea’s Financial Supervisory Service (FSS) has started an inquiry on payment gateway facilities that operate with digital assets. The agency is known as the financial regulator of the country and runs in line with the FSC (Financial Services Commission), with both…
Galaxy Racer, an esports institution based in Dubai, has started a partnership with QUINT (a crypto firm). In this contract, Galaxy Racer has invested $25 million (~£19.78 million) into the crypto ecosystem of QUINT. The token of QUINT will be incorporated into…
In a unique development linked to East Asia, Bitbank (a crypto exchange within Japan) declared a collaboration with Sumitomo Mitsui Trust Holdings (a financial holding firm) with the target of developing JADAT (Japan Digital Asset Trust). As per a declaration made recently,…
On April 1st of this year, Indians officially started paying a 30% tax on income generated through crypto transactions. Finance Minister Nirmala Sitharaman announced the new tax back in February, together with another 1% tax on crypto exchanges, which will kick in…
