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
If the planned trial update on the Ropsten public testnet proceeds as planned later today, Ethereum’s Merge—the blockchain’s much-anticipated move from its current proof-of-work (PoW) mechanism to a proof-of-stake (PoS) consensus algorithm—will be one step closer. Ropsten is Ethereum’s oldest testnet, having been launched in 2016. It enables for blockchain
The bullish outlook emerges as ETH price decline stalls near its old cup-and-handle resistance level, which is now acting as support, raising the prospect of a strong rebound ahead. Ether (ETH), Ethereum’s native asset, may recover nearly 60% in the coming sessions as bulls hope for a classic bullish continuation
https://crypto-labs.s3.amazonaws.com/2021/10/News-Oct-18th.m4aPodcast: EmbedEl Salvador Converting Their USD to BTC amidst Rises in Bitcoin Interest El Salvadorans are utilising US money to purchase bitcoin as interest in the asset class grows. A month after El Salvador’s Bitcoin law went into force, interest in the cryptocurrency has continued to rise as a higher
ETH (Ethereum) was unable to break through the $3,650 resistance level against the US dollar. The price of ETH is falling, and it may fall below $3,450 in the near future. Ethereum has struggled to gain traction above the $3,600 and $3,620 support levels. The price is currently trading below
XRP fell by 21.15 percent in June. XRP fell by 28.04 percent in May and finished the month at $0.3321. From a high of $0.4260 on June 1 to a low of $0.2868 on June 18, XRP experienced a bearish start to the month. The prolonged sell-off brought XRP close
Upon the pump that occurred last week following the release of Polygon ID, Polygon is also declining. The coin’s value increased at that time by almost 100%. One of the few things the network provides in its ecosystem is Polygon ID. After the debut, the price of MATIC skyrocketed. This
By July 1, 2022, the value of dogecoin is anticipated to increase by 10.79 percent and reach $ 0.075352 based on our most recent price projection. Our technical indicators indicate that the current mood is bearish, and the fear & greed index is currently at 14. (extreme fear). Several websites
Even if the ADA/USDT pair is down for the fourth straight session amid a persistent market downturn, the price forecasts for ADA remain gloomy. However, the price movement is very close to recent support, which was around 0.4295 on June 18. The price picture may create some concern for the
One of the digital assets that rocked the crypto market was Solana (SOL), which, according to CoinMarketCap, surpassed the ATH price of $260.06. Particularly, this cryptocurrency has been observed to move quickly since the beginning of the year. The Relative Strength Index (RSI) calculates oversold or overbought assets by measuring
A Shark Tank investor is outlining what he believes needs to occur for Bitcoin (BTC) to become popular as the superior form of gold. Billionaire Mark Cuban claims that BTC suffers from a problem of relative utility and, as a result, lack of widespread adoption in a recent interview with
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