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…
AAVE “Monster” Is Awakening, Breakout Coincides With Coinbase Listing
As altcoins and even Bitcoin take pause, DeFi standout AAVE is a “monster” that is now reawakening and ready for new…
XRP Could Soon Be the “Worst Performing Major Altcoin” as Airdrop Hype Fades
For the first time in years, XRP gained some massive momentum when it broke above $0.30 last month, with bulls sending…