The crypto trend in March and its effect on GreenHashes

Bitcoin movement statistics over the years indicate that March is not the best time for cryptocurrency. Most often, the coin shows a negative trend within a month. Here is what the statistics for the The post The crypto trend in March and its effect on GreenHashes appeared first on AMBCrypto.

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India’s crypto tax policy takes effect on 1 April: Here’s a brief recap

In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective… The post India’s crypto tax policy takes effect on 1 April: Here’s a brief recap appeared first on Coin Journal.

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30% crypto tax becomes law in India following Finance Bill approval

India’s new crypto tax policy, which is based on gambling and lottery ticket win tax rules, is set to come into effect on April 1.

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Crypto tax policy framework passes India's parliament despite pushback from lawmakers

Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1.

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India Passes Stiff Crypto Tax Laws Despite Industry Uproar

Amendments sought by the crypto industry were not accommodated and the policies will go into effect on April 1.

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India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch

India’s proposed crypto taxation law will take effect on 1 April this year. Ashish… The post India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch appeared first on Coin Journal.

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Nvidia Hack: How Lapsus$ Demands May Strangely Benefit Crypto Miners

Last Friday, reports of a cyberattack on Nvidia broke out. America's leading chip manufacturer confirmed a blackout on its business operations for close to 48 hours and attempted to quell panic by assuring frantic users that the attack has no effect on its service to customers.

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Canada, Russia and Crypto's Place in the World

We may be on the cusp of seeing the effect that widely coordinated, government-imposed sanctions have on digital currencies (and currencies’ ability to bypass this type of financial censorship).

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Bitcoin Mining Stocks Lose 50-60% Value Since Crypto Price Peak

Bitcoin mining stocks have drastically collapsed since November following the effect of the hashrate’s 23% growth and bitcoin’s downtrend on the miner’s rewards. Mining Stocks Sharp Decline Arcane Research data shows that the largest bitcoin mining stocks have collapsed since November after being caught up in the market’s volatility.

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Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Plans to include crypto in enhanced surveillance by the Canadian government have the unintended knock-on effect of fuelling “unstoppable money.”

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RBI deputy governor: banning crypto 'most advisable choice'

Rabi Sankar has taken a strong stance against cryptocurrency citing a “destabilizing effect” it may have on the country’s fiat currency.

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Bitcoin Flashes Ultra-Bullish Signal — Long-Term Holders and Whales Hit Multiyear Highs

Although the recent correction in the crypto market had quite a lasting effect, such circumstances have proven to be potentially profitable for long-term investors according to the Glassnode data analysis.

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Russia banning crypto could have an opposite effect, former president Medvedev warns

Medvedev is a former Russian president and prime minister and currently the Deputy Chair… The post Russia banning crypto could have an opposite effect, former president Medvedev warns appeared first on Coin Journal.

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From cash to crypto: The Cantillon effect vs. the Nakamoto effect

Is Bitcoin susceptible to the Cantillon effect? To find an answer, please read this Bitcoin-Cantillon effect article.

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Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC

The bitcoin crash rocked the market to its core when the digital asset had lost over 50% of its all-time high value to bottom out at $33,000. It was as a result of market sell-offs across the financial space, sparking a ripple effect that was felt heavily in the crypto market.

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Top 10 Metaverse Crypto Coins To Buy in January 2022

With the current bear market in full effect, those looking to accumulate Metaverse crypto coins for 2022 and beyond should look at the recent price decline as a great buy opportunity. This article looks at our top 10 underrated Metaverse crypto coins to buy in January 2022, ordered by overall market cap, lowest to highest.

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With Bitcoin Price Crashing, These 3 Cryptocurrencies Gained Over 200% Today

Bitcoin and Ethereum continue their downwards trend this Friday, decreasing by over 10% in price over the past 24 hours. Crypto winter is in full effect, and the markets are a bloodbath. However, the good news is there’s never a shortage of unicorn projects that continue to see significant price hikes despite the bearish sentiment.

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Turkey’s rising inflation pushes citizens to crypto

In recent times, one of the major economic crises countries around the world have been facing is inflation; especially as a number of them are having to battle with the dwindling purchasing power of their national fiat currency due to the effect of the coronavirus pandemic.

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Fantom (FTM) makes notable gains as layer one protocols gain adoption

The entire crypto market slumped on Wednesday. Bitcoin (BTC/USD) and Ethereum (ETH/USD) have made more than 4% dips, and this recession has caused a ripple effect on the broader market. Over the past week, Fantom (FTM/USD) has attracted much attention from the market after registering double-digit gains.

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Illegal Bitcoin Miners In Russia Could Face Jail Time, Says Russian Parliamentarian

The spotlight on crypto regulations shifts to Russia as government officials seek to punish illegal miners and other offenders with new legislation. High energy consumption of bitcoin miners and its effect on the national grid has been cited by Andrey Lugovoy as his party pushes for the bill.

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Bank of England warns crypto could threaten the established financial system

Deputy Governor for Financial Stability at the Bank of England (BoE) warned about cryptocurrencies such as Bitcoin rapidly reaching the threshold of mainstream adoption– worried about the ripple effect a sudden price correction could have on the established financial system, BBC reported.

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Report: DeFi could rewrite the traditional finance landscape

A San-Francisco-based crypto index fund manager, Bitwise, has released a report showing its perspective of the burgeoning decentralized finance (DeFi) sector saying it could have an Amazon-like effect on the traditional financial system.

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Bitcoin (BTC) hashrate recovers from China’s crackdown

Earlier in the year when China renewed its hostilities towards the crypto industry, one metric that saw a negative effect of the crackdown was the Bitcoin mining hashrate that plummeted by more than 50% during this period largely because crypto miners were being pushed out of the Asian country.

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The Singapore Effect

In the world of Crypto, GameFi, and the METAVERSE, we think in terms of a global industry, which of course it is, although you will be very interested to learn that there is one country dominating when it comes to leading Crypto projects and indeed the individuals behind those projects.

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Senator Ted Cruz Repeals Bipartisan Tax Bill’s Effect on Crypto Industry

Senator Ted Cruz is looking to repeal the effect of legislation passed in the new tax infrastructure bill that defines crypto brokers very broadly. The post Senator Ted Cruz Repeals Bipartisan Tax Bill’s Effect on Crypto Industry appeared first on BeInCrypto.

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‘Musk effect’ sees crypto named after SpaceX’s Starlink satellites gain over 140% in 3 days

The supersonic price rally in the StarLink crypto market appeared as SpaceX launched 53 Starlink orbit satellites into space on Saturday.

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Austria Creates Cryptocurrency Taxation Plan To Foster Digital Currency Adoption

Austria is planning to support crypto adoption through taxation. The tweet also said that this nation would use a similar taxation method to the one in use for stocks and bond investments. In an interview with Bloomberg, the Austrian Finance Ministry also said that the taxation rule will take effect officially in 2022. Austria toRead More

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Top-Ranking Senate Banking Republican Wants to Fix Anti-Crypto Language in Newly-Passed $1.2 Trillion Bill

U.S. Senator pledges to remove harsh crypto rules before law takes effect in 2024

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Top 10 Aspiring Crypto Coins for November

In this article, BeInCrypto will take a look at ten cryptocurrencies that have interesting developments lined up for the month of November, that could potentially have an effect on their price. The post Top 10 Aspiring Crypto Coins for November appeared first on BeInCrypto.

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Deribit’s New Partnership with ML Tech

The partnership between the Deribit and ML Tech platforms that came into effect in early October shows promise in becoming one of the most productive partnerships in the crypto market.

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Here's why Filecoin investors can look forward to increasing returns in the long run

The broader crypto market pumped over the past week. Top coins like Bitcoin, Etheruem and BNB have recorded upticks in the 10%-20% bracket and in effect, the global crypto market cap also managed to cThe post Here's why Filecoin investors can look forward to increasing returns in the long run appeared first on AMBCrypto.

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AAVE, MKR, CRV: Will the market's 'higher-highs' tide lift the DeFi boat

The broader crypto market has been in the "pump-mode" over the last couple of days. Bitcoin's price managed to touch a level as high as $62.93k while Ethereum managed to pump to $3.97k. In effect, othThe post AAVE, MKR, CRV: Will the market's 'higher-highs' tide lift the DeFi boat appeared first on AMBCrypto.

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Over 20 crypto firms leave China because of ban

The effect of China’s crypto ban on the country’s digital asset economy is profound as new statistics have revealed that at least 20 crypto-related firms have been forced to either suspend their services to Chinese users or close off their businesses entirely.

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Are Bitcoin and crypto stocks different pieces of the same puzzle

The financial landscape drastically evolved over the past decade. In effect, a host of different investment vehicles have made their presence felt in the space. Despite the progress made, the ulteriorThe post Are Bitcoin and crypto stocks different pieces of the same puzzle appeared first on AMBCrypto.

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South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable

The country’s crypto tax rules that had been previously proposed have been accepted and will go into effect in 2022. As of now, non-fungible tokens (NFTs) are not included under the tax. The post South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable appeared first on BeInCrypto.

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Crypto exchange Binance sets up three Irish entities after global regulatory tussle

With the regulatory clampdown against crypto trading still in full effect in China, Binance, the biggest crypto exchange in the world by trading volume, has moved to cement its operations in another country, Ireland.

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South Korean crypto tax to come into effect in 2022, as planned

The agreement reached last week means that the effective date for taxing cryptocurrencies remains… The post South Korean crypto tax to come into effect in 2022, as planned appeared first on Coin Journal.

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Turkey’s President Declares Full-Scale War On Cryptocurrencies

The fear of an increased crypto regulation mounts as the Turkish President declares war on cryptocurrencies. This announcement will have a negative effect on the market that is battling with falling asset prices.

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Evergrande Crisis Could Spell Real Trouble For Bitcoin, Crypto Markets — CNBC’s Jim Cramer Tells Why

The Evergrande crisis is already causing tension among Wall Street investors with the S&P500 falling 1. 7 percent Monday, and the effect is rapidly spilling over to cryptocurrencies as opined by CNBC’s ‘Mad Money’ host Jim Cramer.

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Korean Finance Minister vows crypto taxes starting 2022

South Korea’s Minister of Strategy and Finance Hong Nam-Ki said that the planned law on taxing cryptocurrencies will come into effect at the beginning of next year. The post Korean Finance Minister vows crypto taxes starting 2022 appeared first on CryptoSlate.

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Cuba brings crypto regulations, makes crypto a legal payment method

It has been only a little more than a week since El Salvador started recognizing Bitcoin as legal tender, and already, other countries are considering doing the same. Cuba actually became the next one to start accepting cryptocurrencies as a legal payment method as its new regulations took effect.

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Cuba's cryptocurrency regulations take effect

Crypto is now a legal method of payment for commercial transactions in the Island nation.

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China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis

While the crypto market is contemplating the effect of Evergrande's possible fallout, Tether has clarified that it is “doesn't hold and never held,” commercial paper issued by Evergrande. The post China’s Lehman Brothers Moment? Crypto Market Takes Note of Real Estate Giant Evergrande’s Debt Crisis first appeared on BitcoinExchangeGuide.

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Bitcoin Gains Legal Status in Texas As Crypto Bills Become Law

Cryptocurrencies have officially become recognized in Texas following the passing of two bills to push the crypto and blockchain industry. Crypto Bills Took Effect On September 1 The two bills tagged H.

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Here’s what happens to Ethereum (ETH) revenue after multimillion NFT sales

The latest research from crypto analytics company Nansen analyzed the flow of ether (ETH) that has come into the NFT market to determine whether it had any effect on ETH’s price.   Nansen’s report analyzed both the primary and the secondary market for NFTs, following where the money projects receive from NFT sales goes.

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What you need to know about this 'lively' Coinbase effect on Bitcoin

Coinbase is the only major digital-asset exchange that has been publicly listed. It launched its IPO in April this year, and has managed to fare pretty well since then. However, the crypto exchange waThe post What you need to know about this 'lively' Coinbase effect on Bitcoin appeared first on AMBCrypto.

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BitGo CEO Mike Belshe Shares Outlook On Bitcoin’s Recent Burst Above $50,000 And Regulatory Effect On Crypto Markets

BitGo’s Mike Belshe has asserted that Bitcoin shall continue to soar despite the many obstacles thrown at it, in the long term. In a Tuesday morning conference with CoinDesk newsroom, the C. E.

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The crypto effect: Trading altcoins at the edge of addiction

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Half Of U.S. Politicians Will Be ‘Bitcoiners’ In 4 Years – Max Keiser Asserts

Max Keiser is one uncompromising Bitcoin advocate who is now more than ever convinced that at least half of U.S. politicians shall have adopted Bitcoin in the next four years. On Wednesday, the outspoken Orange Pill Podcast & Keiser Report host stated that despite there being a failed attempt to effect proposed crypto amendments in […]

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