Thailand Withholds Its Decision To Tax Transactions At 15%

­­Thailand has quitted its strategy for taxing 15% over the crypto transactions following a pushback on the behalf of the investors, a step that astounded the native industry habituated to the vigilant regulations. Previously, the revenue department of the country published the rulebook thereof which markedly eliminated the proposed withholding tax over the crypto holdings. … Read more

A Petition to Reduce Crypto Tax In India Gets More Than 52k Signatures Within a Few Hours

Indian investors filed a petition to push the government to minimize the amount of tax implemented on crypto with more than 52,000 signatures received just in a few hours. The respective petition recommends some modifications to the proposed regulation, stating that the laws in their current state would be harmful to the economy as well … Read more

Binance Sponsors AFCON To Expand Crypto Adoption In South Africa

Binance – a giant in prominent cryptocurrencies and blockchains – has declared its partnership with the CAF (Confederation of African Football). While the adoption of cryptocurrency is very popular across the globe these days, the African continent appears to have a relatively less number of participants in the matter of digital assets. Many activities related … Read more

Internet Outages In Kazakhstan Frighten Cryptocurrency Miners In the Country

The occurrence of internet outages across Kazakhstan paved a way for growing apprehension regarding the strict regulations of the government, as per the native miners of cryptocurrency. Under this situation, a few of the miners are pursuing an additionally enterprising environment. In the time of social unrest during the recent week, the Kazakh authorities terminated … Read more

Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlaws in china, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown … Read more

House Committee Has Finally Approved Cryptocurrency Tax Provisions

The tax portion of the amended reconciliation package of about $3.5 trillion has been approved by the House-of-Representatives-committee, which is committed to ensuring the revenue. On Wednesday, voting has been cast by the “Ways-and-Means-Committee” for the “Budget-Committee” to transmit the draft. The voting resulted in a 24-19 ratio, and the only member who broke party … Read more

Bitcoin (BTC) Maintains Uptrends While Shiba Inu (SHIB) Slumps 30%

Bitcoin hit a new high since May, nearing $56K. Meanwhile, SHIB corrected by almost 30% in one day. Bitcoin finally rose towards $56K after the monthly peaks and impressive gains over the last few days. However, most alts remain somewhat inactive at the moment, with few exceptions. SHIB slumped 30% over the past day after … Read more

Indian Crypto Exchanges Are Rolling Out Crypto Giveaways And Marketing Campaigns To Lure Investors

To make the celebrations for the holiday term in India, the exchanges of cryptocurrency are pursuing to attract retail traders by initiating intense marketing campaigns as well as delivering a lot of crypto as gifts. Intended for the current year’s season of Hindu holidays, which commenced on 10th September, the exchanges of cryptocurrency are persuading … Read more

Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlawed in China, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown … Read more

No Blanket Ban on Crypto – Indonesian Regulatory Authorities

In line with existing laws, regulatory bodies in Indonesia have pledged not to impose a blanket ban on cryptocurrencies. According to Minister of Trade in Indonesia, Muhammad Luthfi, the Indonesian government will not be outlawing crypto assets. However, purchases with cryptocurrencies will not be accepted in the country. Minister Luthfi revealed that the government is … Read more

Bitcoin.org Website Hacked, Goes Offline

Right now, the original BTC site is no longer active after suffering a DNS attack. The site’s curator, who goes by the pseudonym Cobra, made the announcement this morning. Website Hackers Want BTC Donation The attackers even displayed a scam notice seeking free Bitcoin. A Top BTC advocate tweeted that it “seems like Bitcoin.org isn’t … Read more

Projected Bitcoin Supply Squeeze May Cause Another Bull Cycle

The metrics of Bitcoin ownership have soared higher in recent times and this is showing that the Bitcoin market might just be heading for a bull cycle that might last throughout the latter part of the year. This is according to a platform that deals in analyzing trends in blockchain called Glassnode. In recent times, … Read more

Bitcoin (BTC) Steadies at $46K as Tezos (XTZ) Gains 25%

10While Bitcoin (BTC) extends its price actions around the $46,000 market, alternative tokens such as Tezos registered impressive daily surges. Bitcoin has consolidated over the last 24 hours after failing to overpower $47,000, plunging towards $46,000. Most alternative tokens saw price retracements over the same period. Tezos (XTZ) is among the exception, increasing by 25% … Read more

Vietnam’s Crypto Mining Demand Increases as Bitcoin Soars

According to reports, one provider of crypto mining facilities in Vietnam has tripled its revenues since the beginning of September by utilizing high-end graphics processing units. The crypto-mining industry in Vietnam is said to be recovering from the recent crypto-boom, which saw Bitcoin (BTC) soar above USD 51,000 for the first price since May for … Read more

Stocks, Bitcoin, and Gold – Weekly Overview

Briefly – Bitcoin appears to have moved well in the last two weeks. Gold maintained solid moves over the previous few weeks. Visa performed poorly in August. Bitcoin The past two weeks had Bitcoin posting impressive results. With that, the leading crypto managed to touch the $50K psychological level. That was after battling below this … Read more

Private Bitcoin Wallet vs. Exchange Wallet

Safe storage of Bitcoin or any other cryptocurrency is the number one priority for anyone involved with the crypto world. To ensure absolute security, the information about cryptocurrencies is placed in software or hardware wallets. Although there are various wallet options available, you should understand their primary division. There are two main wallet types available … Read more

Best Crypto Exchanges for Bitcoin Trading

With advancements in the crypto world, more and more crypto exchanges are emerging. Finding the best crypto exchange for Bitcoin trading is no less than a difficult task. You can be bewildered by a huge competition out there. To help you pick the right cryptocurrency exchange, we have shortlisted the best Bitcoin exchanges below: Binance … Read more

How to Send Bitcoin to Another User

Bitcoins are a type of online currency used to perform anonymous transactions online. Like other fiat currencies, Bitcoin isn’t backed by gold, nor is it regulated by any central body. They have no value unless you convert them to fiat currency, sell them or use them to buy a service or product. But before you … Read more