Bitcoin Financial News

03.02 / 11:27

Dogecoin solana cryptocurrency prices today Bitcoin Top cryptocurrency prices today: Bitcoin, Dogecoin, Solana, Shiba Inu shed up 10%

Poor earnings from Meta, formerly known as Facebook, also spoiled the market mood. Weaker guidance for the ongoing quarter added to the woes. Meanwhile, wormhole hole network being down for maintenance impacted the DeFi space. The trading volumes too remained thin. Barring the US dollar-pegged USD Coin, all of the other nine out of the top-10 digital tokens were trading lower during the trade on Thursday. Terra and Solana plunged 9 per cent each while Cardano dropped 6 per cent and Shiba Inu 4 per cent.

03.02 / 08:43

Ethereum cryptocurrency solana Bitcoin Cryptocurrency Prices Today: Bitcoin, Ethereum decline

The global cryptocurrency market capitalisation dipped 4.04 percent over the last 24 hours to $1.70 trillion, while the trading volumes were up 7.54 percent to $68.72 billion.

03.02 / 05:21

cryptocurrency Digital Currency Budget 2022 Bitcoin On crypto tax, investors and experts have more questions than answers

Mumbai: Tax on cryptocurrencies or virtual digital assets announced on Tuesday is set to create more problems for investors and their tax experts on how to compute gains and taxation. Many tax experts seem to have raised questions about what would happen to the gains made by investors in the past year. That is, whether the announcement on tax will be retrospective. «The concerned amendments are prospective from April 1, 2022. This means that for such transactions till March 31, 2022, taxation should be applicable at normal income tax slab rates or capital gains tax rates (as the case may be) and not the flat 30% rate,» said Sudhir Kapadia, national leader-tax at EY India.

03.02 / 05:01

NFT Bitcoin Cryptocurrencies like Bitcoin, Ethereum will never become legal tenders: Finance Secretary

Speaking to ANI, Finance Secretary said, «Digital rupee will be backed by RBI which will never default. Money will be of RBI but the nature will be digital. The digital rupee issued by RBI will be the legal tender. We can purchase non-digital assets with the digital rupee like we purchase an ice cream or other things using our wallet or payments through UPI platform.» «Rest all are not legal tender, will not, will never become legal tender. Bitcoin, Ethereum, or any picture of Actor become NFT will never become a legal tender,» he added. Presented ByDid you Know?Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian a

03.02 / 04:17

BTC Digital MicroStrategy Bitcoin MicroStrategy and why holding Bitcoin on balance sheets might go both ways

Several financial institutions have had a complicated relationship with the cryptocurrency since Bitcoin emerged to take centerstage in the global economy. Over the years, however, BTC has been fairly successful in fostering institutional adoption across the globe.

03.02 / 01:27

markets Bitcoin Bitcoin Price play Bitcoin price dips below $37K as a descending channel pattern comes back into play

The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility.

03.02 / 00:27

Lowe's Binance XRP Bitcoin XRP, Binance Coin, Cosmos Price Analysis: 02 February

With Bitcoin moving above its 4-hour 20 and 50 SMA, XRP managed to poke above all its EMA ribbons. But it still had to fight its long-term bearish tendencies to sustain this level.

03.02 / 00:03

Ethereum XRP Cardano Bitcoin Price analysis 2/2: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bitcoin (BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal may have resulted in aggressive selling by the short-term traders.

02.02 / 22:25

BTC Lowe's Bitcoin Bitcoin: Recent gains, yes, but are they really enough to reverse BTC’s downtrend

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

02.02 / 22:15

markets Adoption Bitcoin Financial Cryptocurrencies are the “new frontier” says financial researcher

In an exclusive television interview with Fox Business on Wednesday, JMP Securities director of financial technology research, Devin Ryan spoke candidly on a range of topics within the cryptocurrency industry. This included the macroscopic regulation amid the impending expectations of a White House policy framework, states within the United States accepting Bitcoin as legal tender as well as the vast potential for consumer adoption in the coming year.

02.02 / 20:51

Digital Currency regulation Bitcoin Bitcoin, Ether and NFTs will 'never become legal tender' in India, says Finance Secretary

T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative that cryptocurrencies will be widely accepted in the country — by dismissing the possibility of using them as legal tender.

02.02 / 20:19

Provident Lowe's Bitcoin Bitcoin: What these indicators say about a possible bullish scenario in the near term

Bitcoin, the world’s largest cryptocurrency, continues to trade below $40k, with many suggesting that the crypto-winter is finally here. In fact, some analysts expect crypto-volatility to remain elevated this month. Especially as investors reduce their exposure to assets deemed to be risky.

02.02 / 20:19

BTC Lowe's Bitcoin Fantom at a crossroads in the near term, but where can it go from here

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

02.02 / 19:43

ETF SEC Chainalysis Bitcoin Laundering NFTs, Circling Crypto Ads, Cardano Gets Extra Space, Euro Inflation Heats Up + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

02.02 / 18:45

ETF SEC NYSE Bitcoin Bitwise prevention SEC’s new avatar asks Bitwise for clarity over prevention of fraud in ETF application

The United States Securities and Exchange Commission (SEC) continued todelay decisions on Bitcoin exchange-traded funds (ETF). Last year in December, the SEC postponed two major Bitcoin exchange-traded offering proposals. This included NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, andGrayscale Bitcoin Trust’s Bitcoin ETF.

02.02 / 18:39

markets Ethereum stocks Bitcoin BTC price dives with stocks as fresh sell-off sees PayPal shed nearly 25%

Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders.

02.02 / 18:21

Ethereum PayPal censorship Bitcoin ING Progressive group adopts Bitcoin as ING and PayPal block donations

Progressive International, a global organization supporting progressive left-wing activists and organizers, is moving into cryptocurrencies in response to getting de-banked by major payment and banking firms.

02.02 / 17:29

AXY Currency Indices Infinity Bitcoin Alexis Ohanian’s 776 Management makes $500m push into cryptos

Alexis Ohanian’s venture firm 776 Management has raised $500m across two new funds with a plan to invest primarily in crypto startups.

02.02 / 17:13

markets Bitcoin Bitcoin Price National All the world’s Bitcoin can only pay 2.43% of $30T US national debt

The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it.

02.02 / 17:13

Adoption Bitcoin Russian region struggles to keep up with Bitcoin mining energy demands

As cryptocurrency mining activity grows increasingly common in Russia, one local region is struggling to maintain power stability amid massive inflows of new crypto mining operations.

02.02 / 16:25

Ethereum cryptocurrency Digital Currency Bitcoin authorisation Bitcoin, Ethereum or NFT will never be legal tenders, crypto doesn’t have govt authorisation: Finance Secretary

Leading cryptocurrencies such as Bitcoin and Ethereum, as well as non-fungible tokens (NFT) will never become legal tender, Finance Secretary TV Somanathan said on February 2.

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