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…
Tezos (XTZ) price has gained 85% this month Tezos(XTZ) network is a self-amending blockchain that is capable of being upgraded over time without the need to undergo a hard fork. Altogether, the Tezos network has undergone seven successful upgrades since launching and three of them occurred in 2021. The most recent ‘Granada’ upgrade was implemented…
PayPal users with verified identities will soon be able to trade cryptocurrencies. A Cryptocurrency trading feature for UK customers. Crypto transactions for its business account, on the other hand, are not currently supported. Residents of the United Kingdom will be able to buy, hold, and sell cryptos via PayPal starting this week. This is a…
The price of XRP is currently trading within an ascending parallel channel, indicating that a bullish move is imminent. On a smaller time frame, Ripple is forming a bullish pennant, which might lead to a 47 percent gain. Constant growth in daily active addresses implies that people are becoming more interested, which supports a positive…
