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…
Crypto Earnings Should Be Taxed, Says BuyUCoin In Draft Document
As speculations about an impending ban on cryptocurrencies refuse to die down, stakeholders in India are pulling out all stops to get the government on their side. Besides engaging in a dialogue with government agencies to allay their fears about nefarious use cases of cryptocurrencies, industry stakeholders in India have also been suggesting what could be salient…