The Indian government has maintained a bullish stance on its income tax on crypto assets. The government demonstrated this with the proposal of a Cryptocurrency and Regulation of the Official Digital Currency Bill in 2021.…
Sentiment Check: Investors Add To Their Bitcoin Positions,…
Bitcoin approaches a critical level of resistance as it was finally able to break its downside price action. The cryptocurrency stills face numerous headwinds if it wants to reclaim previous highs, but some clues point…
Bitcoin Bullish Signal: 1k-10k BTC Holders Have Been…
On-chain data shows Bitcoin whales holding between 1k to 10k BTC have expanded their reserves recently, a sign that could be bullish for the crypto’s price. Bitcoin Reserves Of 1k-10k BTC Holders Have Observed Growth…
Why Commodities Could See Decline Soon, Good News…
Global commodities could be about to take a hit, the move might translate into some relief for Bitcoin and the crypto market. The nascent asset class has been experiencing downside pressure as the U.S. Federal…
What You Need to Know About Crypto Staking,…
There are a few ways to earn passive income in the crypto world. One way is through crypto staking. Staking is when you hold onto your coins in a wallet and allow them to accrue…
OpenSea in Hot Water as Executive Charged With…
A former OpenSea executive, Nathaniel Chastain, has been arrested and booked on charges of insider trading of NFTs, money laundering and wire fraud. Per the press statement released by the U.S. Attorney’s Office in the…
South Korean Government Backs Metaverse by Investing Over…
Even though the Metaverse is still a developing ecosystem and its scope is sketchy, the South Korean government has backed the movement by being an early investor. This gesture from the South Korean government can…
New York AG Warns About Crypto Investments as…
Letitia James, the New York Attorney General, has made several statements towards cryptocurrency investment on Friday, June 3. The AG released a statement commenting on the volatility of crypto assets and warned investors of the…
Japan: How Passing a Stablecoin Bill Protects Crypto…
Friday, June 3rd, was a landmark event for the Japanese. The federal parliament successfully passed a law that legalized and regulated stablecoins. This event occurs a month after Terra's UST stablecoin collapsed and caused multi-billion…