November 8, 2022
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FIFA World Cup Could Launch Crypto into the Mainstream In Brief Sponsorship from Crypto.com and Visa will see this year’s World Cup the biggest event to feature crypto so far. Cryptocurrency adoption has changed significantly since the last World Cup, both in the former and current host countries. Meanwhile, anticipation of the event has sent […]
Read more..5 Myths About Cryptocurrencies That Are Simply Not True The cryptocurrency industry is lucrative, but sometimes it takes you for a wild ride. A few coins have crashed and burned after the recent market fall. However, there’s no doubt that the cutting-edge technology that underpins cryptocurrency will alter the way that people see money and […]
Read more..Goldman Sachs To develop Crypto Classification System Goldman Sachs continued to expand its footprint in the emerging cryptocurrency industry. American multinational investment bank and finance giant Goldman Sachs said it will soon launch a crypto classification system, Datanomy. The experts believe, with this classification system by Goldman Sach, the crypto market will gain confidence of […]
Read more..What is e-rupee? How it is different from cryptocurrency? Reserve Bank of India launched its first digital rupee on November 1 for the wholesale segment. According to the RBI, this will help strengthen India’s digital economy, making the payment system more efficient and preventing money laundering. The digital currency will be used for the settlement […]
Read more..Dogecoin has rallied more than 145% in just 7 days Dogecoin, a long-time favorite of billionaire Elon Musk, has gained more than 145% in the last seven days. The cryptocurrency has exceeded the advances of the world’s two largest digital tokens, Bitcoin and Ethereum, which are up around 7% and 18%, respectively. The surge in […]
Read more..Britain’s new PM is a fan of crypto. All chances, he’ll give the industry a boost U.K. cryptocurrency firms and investors have high hopes that new prime minister Rishi Sunak could turn around Britain’s fading crypto aspirations. Sunak, a former Goldman Sachs analyst, has on several occasions expressed a positive attitude toward crypto. As the […]
Read more..Can ethereum topple bitcoin as the crypto king? Ethereum once was seen as bitcoin’s little brother. Now, things have changed. The ethereum cryptocurrency, known as ether, has claimed a sizable share of the crypto market. And its underlying blockchain platform is powering innovations in the space, from decentralized finance to non-fungible tokens. But technical issues […]
Read more..Crypto cannot evade sanctions?Bitcoin jumped as much as 16% on Tuesday, continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanctions. The cryptocurrency was last up 6% in the previous 24 hours to $44,219.50, according to Coin Metrics. That rally comes after cryptocurrency prices plunged last week as […]
Read more..Bitcoin jumps 10% after US Treasury imposes new sanctions against Russian central bank The crypto market rose on Monday after the US Treasury Department imposed new sanctions against Russia’s central bank. Bitcoin jumped 10.4% to $41,807.16, while ether rose 7.6% to $2,826.54. U.S. equities were down sharply earlier in the day before recovering a big […]
Read more..In the budget 2022, the finance minister has proposed a 30 percent tax on income from the transfer of any virtual assets and a TDS of 1 percent on every transaction. Further, no deductions, including losses on some transactions, are allowed. The government intends to track the flow of investment in these assets, the new […]
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