The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through TRX’s 2017 initial coin offering, describing the claims as “fatally flawed.” The Chinese blockchain developer filed a motion to dismiss on Dec. 15, asserting that the case has “no connection” to New York. The foundation also…
“SushiSwap (SUSHI) Jumps 15% on Liquidity Mining Data; What’s Next” Daily Crypto Report 16/12/2020
Price Change Today: BTC is Up 1.53% at $19501.93, ETH is Up 0.28% at $587.14, XRP is Down 8.29% at 0.453. Top Gainers in 24 Hours: Kusama is Up 14.55% Zilliqa is Up 11.37% PolkaDot is Up 6.49% Download BuyUcoin APP Top Crypto Headlines 16/12/2020: Bitcoin price tipped to consolidate before continuing bull run in…
Bulls buy the dip again after Bitcoin price rejects at a key resistance level
For the second day in a row, Bitcoin bulls have attacked the $19,500 level in an attempt to flip the crucial level from resistance to support. Each attempt to overcome the resistance is has been rejected near $19,550 but Bitcoin’s swift recovery from the Dec. 14 drop to $19,050 shows that investors remain interested in…
Cryptocurrency Dilemma: How to show crypto earnings in ITR?
There is confusion among many on how the crypto earnings from investments in cryptocurrencies, and crypto earnings should be disclosed in the ITR as there is no clarity on it. As per the provisions of the Income Tax Act, an assessee – having an annual income of more than Rs 2.5 lakh or who has…
“With Google’s Gmail, YouTube, etc. suffering outages, is it time for a decentralized solution?” Daily Crypto Report 15/12/2020
Price Change Today: BTC is up 0.1% at $19,113, ETH is down 0.5% at $580, XRP is down 2.8% at $0.498. Top gainers in the last 24 hours: SNX is up 13% TOMO is up 9% BAND is up 5% Top Daily Crypto Report Headline for 15/12/2020: Ethereum Addresses Hit a 35-Month High, ETH Price Predictions are Bullish Ethereum has risen slightly…
AAVE, YFI and Elrond surge as Bitcoin price breaks above $19,300
Over the weekend Bitcoin (BTC) price made a push back above the $19,000 level as traders showed up and provided enough volume to support the surge. At the time of writing, BTC price breaking above a pennant but the $19,300 to $19,500 range continues to present significant resistance. According to Cointelegraph contributor, Rakesh Upadhyay: “If…