Crypto Price Today: Bitcoin Is Holding Steady At $24,000; Dogecoin, Shiba Inu, And Xrp All Are Up By Up To 8%.
On Wednesday, the cryptocurrency market had uneven trading, with meme tokens making significant gains and crypto-heavyweight Bitcoin remaining almost unchanged. Dogecoin increased by more than 8%, while XRP increased by 4%. Shiba Inu and Polkadot both contributed 3%. Avalanche and Polygon both had a 1% decline. The market capitalization of all cryptocurrencies rose slightly to […]
How TDS On Cryptocurrency In India And Other Virtual Digital Assets Will Operate Starting On July 1,2022
On June 22, 2022, the Central Board of Direct Taxes (CBDT) published a circular describing the tax deduction process for virtual digital assets (VDA) transfers and cryptocurrencies. Beginning on July 1, 2022, new TDS regulations regarding VDA and crypto will be in place. What Is Stated In The TDS On VDA And Crypto Law? The […]
Why Bitcoin Could Soar Above $30.6K in the Short Term-2022
Bitcoin began a new rise against the US Dollar from the $28,500 support level. If there is a clear move above the $30,600 resistance zone then we have clear picture of why bitcoin could soar above $30K. Bitcoin rose further after forming a double bottom pattern near $28,500. The price has risen above $30,000 and […]
Will Altcoins Replace Bitcoin in the Future? Should You Invest In Bitcoin or Altcoin?
A few years back if you have asked” will altcoins replace bitcoin ” it might sound absurd. Bitcoin has superior investing basics than the large majority of altcoins, it is fair to claim. Bitcoin is the most popular cryptocurrency, having been acquired, owned, and exchanged the most. It has a market valuation of around $1.2 […]
Long-Term Bitcoin Investors Are At An All-Time High: Glassnode
According to Glassnode’s most recent weekly on-chain report, long-term Bitcoin investors are at a multi-year high, and markets are not yet saturated with profit-taking. Long- Term Bitcoin Investors are at an all time high According to a November 22 report by analytics provider Glassnode, these long-term holders (LTH) appear to be reducing their spending while […]
Bitcoin Back to $64K?, Why Are The Bulls Winning This Time?
Bitcoin is still trading in a range in the lower timeframes, currently at $54,277. The first cryptocurrency by market cap gains almost nothing on a daily basis, but a massive 23.9% on a weekly basis. Bitcoin back to $64k? why are the bulls winning this time? The market’s general sentiment has shifted bullish; as investors […]
Bitcoin (BTC) Mining Hashrate Rises Twice in 90 Days
Following a 90-day upward trend in its activities; Bitcoin hashrate is on the rise once more, with a 128 percent increase recorded during this time. China’s clampdown cut BTC hashrate Recall that about two months ago, the Chinese authorities imposed a series of institutional clampdowns on various mining operation centers; making it difficult for miners […]
Bitcoin Transaction Fees Hits One Year Low. What could it mean for Bitcoin?
Transaction charges for Bitcoin are typically an indication of how holders move their coins. When the network is congested by a large number of Bitcoin transactions, the transaction charges increase, indicating a high network traffic volume. When prices of the digital asset increase, transaction traffic is usually high on bull markets. This usually leads to […]