This website makes use of cookies to improve your experience within our website. By continuing to view this website, you agree to our Terms of Use, Cookies Policy, and Privacy Policy.
This unpredictability is part of the reason why investing experts warn against investing huge amounts of your portfolio into a risky asset like crypto. Many recommend keeping your crypto holdings to less than 5% of your total portfolio.
.
Earlier this year, in March, Minister of State for Finance, Mr. Anurag Singh Thakur said in response to a question the Rajya Sabha that “the gains resulting from the transfer of cryptocurrencies/assets are subject to tax under the head of income, depending upon the nature of holding of the same”.
Disclosure: At the time of writing, the author of this feature owned BTC and ETH.
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.
Burger King announced it is partnering with RobinHood to give away cryptocurrency.
It is the latest cryptocurrency to have seen a spike in interest since the turn of the year, following on from the success of Dogecoin, Bitcoin and Ripple XRP in recent weeks.
On the other side of the scale, you have partial to complete market collapse predictions. Boutique investment bank GP Bullhound predicts a 90 percent market crash within the year, while Harvard professor and ex-IMF chief Kenneth Rogoff predicted that Bitcoin will shrink to $100. Roy Sebag, CEO of GoldMoney Inc., said Bitcoin will be worth $0 in the future.
This cryptocurrency is reportedly one of the most used privacy coins in committing crimes such as money laundering. It makes sense to steer clear of a criminal’s favorite currency.
The coin has also won a handful of celebrity backers, from former boy band stars to pro athletes.
Earlier, we presented a chart indicating how Binance has gone from essentially a non-player in the U.S. crypto market a few quarters ago to now doing significant volume. With the recent hiring of Brian Brooks, who certainly has the connections to tap into the right areas, Binance.US could be set up for a very bright future.
Cryptocurrency mining is the process by which recent cryptocurrency transactions are checked and new blocks are added to the blockchain.
Emerging cryptocurrencies, such as HUH Token seem to have paid very close attention to the market and have spotted a gap in the market, which is for a crypto that has both meme and utility under its belt. HUH Token has coined itself as the ‘Utimeme’ as it combines both of those elements that they see necessary to succeed.
Although cryptocurrencies like Bitcoin are virtual currencies, they are treated as an asset for capital gains tax purposes, and “ordinary” investors who purchase Bitcoin as an investment will experience a capital gain or loss when they exchange it for traditional currency, products, or services.
SafeMoon investors appear satisfied that the supply is now being spread among the community.
Every trade contributes towards auto-generating liquidity that goes into multiple pools used by exchanges
An obstacle to large-scale bitcoin mining is finding enough cheap energy to run the huge, power-gobbling computer arrays that create and transact cryptocurrency. One mining operation in central New York came up with a novel solution that has alarmed environmentalists.