Three individuals who are aware that the development is being said ET are planning to define cryptos in the new draught bill which also proposes to divide virtual currencies into their use cases. For all purposes, including taxation and for each user’s sake — payments, investment, or utility, cryptocurrencies will be treated as an asset/commodity.…
Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches $655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry. Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the…
Ethereum Bulls Keeps Pushing, Why Rally Isn’t Over Yet Ethereum(ETH) started a steady increase and it cleared $3,400 against the US Dollar. ETH price is showing positive signs and it might accelerate further above $3,500. Ethereum started a steady increase above the $3,350 and $3,380 resistance levels. The price is now trading above $3,400 and…
Crypto Finance, Inacta, and InCore Bank have merged to form the Swiss financial trio, and they’ve teamed up to create Tezos-regulated financial products. The three Swiss companies specialize in cryptocurrencies, and they use the Tezos blockchain to supply institutions with tokenized assets. Their main goal is to provide service and satisfaction to institutional clients. With…
There isn’t a crypto investor alive who hasn’t heard of Cardano (ADA)at this point. The network is known for being Ethereum’s number one competitor, as one of its co-founders founded Cardano after leaving the project. Cardano (ADA) preparing for a $3 retest. It has exploded in popularity in the last month. In just one month,…
Institutions remain bullish on Cardano and Ether while BTC outflows persist Ethereum(ETH) and Cardano(ADA) continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. Ether was the favored asset among…
