While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent days, and other tokens from the…
Cryptocurrency Indian Tax Regime and Legal Compliances
What is Cryptocurrency? Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that manage and record transactions. Part of the appeal of this technology is its security. A cryptocurrency is a form of : ● Digital cash or Virtual currency ● Secured by cryptography ● It’s impossible…
Daily Crypto News- Grayscale Digital Large Cap Fund Obtains SEC Approval
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market. Bids for SNX/USD achieved an intraday…
Daily Crypto News- Axie Infinity Sets ATH As Ethereum-based NFT Game Goes Viral
Axie Infinity Sets ATH As Ethereum-based NFT Game Goes Viral It is a very good day to be an Axie Infinity fan or investor. Axie Infinity’s AXS token rose by 45% overnight, hitting an all-time high price of $18.34. Axie Infinity is a Pokémon-inspired open-world game on Windows, Mac, iOS and Android, where players…
Crypto SIP will be launched soon BuyUCoin
Cryptocurrencies are among the most volatile instruments available. That is why astute investors prefer a methodical investment strategy (SIPs). You can begin with a minimum of Rs 100 and invest in SIPs on a daily, weekly, or monthly basis. An SIP in a cryptocurrency protects you from large losses if the value of your coin…
Daily Crypto News- Altcoin bulls pile into Synthetix (SNX), Axie Infinity (AXS) and EOS
Axie Infinity NFT Ecosystem Rallies 200% as Metrics Display Parabolic Growth Pokémon-inspired game, Axie Infinity, has been enjoying explosive growth and has even been credited as a key driver for the NFT market according to research from DappRadar. In the last 7 days the native token of Axie Infinity, AXS, has risen by 148%. Over…