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 […]
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 […]
What is bitcoin? Learn everything about BTC in simple words 2022.
What is the exact meaning of the word “bitcoin” as the top search term on Google every year? That this term is being searched so heavily. And what is bitcoin, exactly? So, instead of using technical and complicated words about what is bitcoin, let us grasp it in layman’s terms. Why does anyone offer you […]
Bitcoin Skyrockets as Ruble Fall: What Role Does Crypto Play In The Ukraine-Russia Conflict?
We are all aware of how many lives have been lost due to the Ukraine-Russia conflict, and it appears as World War 3 has begun. People throughout the world are supporting those in need in various ways. In such difficult times, cryptocurrencies play a pivotal role on both sides of the conflict Russia is causing […]
Russia Crypto News: Bitcoin Becomes An Intriguing Alternative in Russia-Ukraine Conflict
The Russia-Ukraine conflict has put a severe hit on the global economy. With Russia invading Ukraine, it is said that World War 3 has just begun. The crisis in Ukraine and sanctions imposed on Russia have resulted in the use of Bitcoin as an alternative currency, including millions of dollars in Bitcoin donations. Since the […]
Russia Ukraine Crypto News: Bitcoin Trading Volumes in Russia, Ukraine Reaches All-time High
Bitcoin trading volumes against the Russian currency have reached their new all-time high in over a year. At the same time, people using Ukraine’s hryvnia hit new highs in October 2021. What Happened as a Result of the Embargoes? NATO and the EU have remained neutral in a direct military battle and have promised not […]
Ethereum Might Surpass Bitcoin in 2022: Here’s Why?
Did you know that Ethereum might surpass Bitcoin in 2022. Research shows that Ethereum’s price skyrocketed by more than 400%, while Bitcoin’s price has increased by around 70%. Bitcoin is a digital currency that emerged first in the crypto realm. Those who have already invested in Bitcoin are more likely to gain significant returns. Ethereum, […]
Tax on Cryptocurrency: 30% Tax on Digital Assets (Crypto Taxation Guide)
In Union Budget government announced tax provisions on cryptocurrency in India. According to the Budget document income from the transfer of digital assets such as cryptocurrency will be taxed at 30%. Except for the expense of acquiring digital assets, no deductions will be permitted. Losses on the sale of digital assets cannot be offset against […]
The World’s Third-Largest Bitcoin Whale Adds $21 Million in BTC at $46.3k
According to Bitinfocharts, the third-largest Bitcoin whale adds 456 BTC on January 4th at an average price of $46.3k. The purchase is estimated to be valued at approximately $21 million. This is the entity’s first significant purchase, after 6 BTC 55 minutes before the new year. At the time of writing, the whale had 120,845.57 […]
Bitcoin Gains Momentum; Why Isn’t The Rally Over?
Bitcoin price created a base and began a new upward trend over the $46,500 barrier. BTC accelerated its rise above the $47,500 mark and the 100 hourly simple moving average. The Price of Bitcoin Continue to Rise The price rose so far that it burst through the $48,500 barrier level. A convincing rise over the […]