Indian government should lower a tax on crypto transactions as it’s not fulfilling its stated purpose, a local cryptocurrency exchange said. The company blames the levy, which was introduced last year, for driving Indian crypto trading volumes to overseas platforms.
Indian Exchange Expects Government to Reduce Crypto Tax Burden
Authorities in New Delhi imposed a 1% tax deducted at source (TDS)…
As speculation continues about a possible Blackrock spot bitcoin exchange-traded fund (ETF) approval, Elon Musk calls for “comprehensive deregulation” amidst United States Securities and Exchange Commission (SEC) regulatory turmoil, and Rich Dad Poor Dad author Robert…
As Gold and BTC Rise Key US Equities Index Now Down By Over 10% from July 31 Peak – Economics Bitcoin News
October 30, 2023
The key U.S. equities index the S&P 500 has now declined by just over 10% from its July 31 peak on fears that the U.S. economy is headed for a recession. One expert characterized the index’s drop as the first correction since the market bottomed in the fourth quarter…
Vaneck Charts the Course of Solana’s Future With 2030 Valuation Study – Altcoins Bitcoin News
October 30, 2023
Vaneck, a leading digital asset manager, has recently unveiled a study on the network Solana, providing a wide spectrum of SOL valuation scenarios for the year 2030. Authored by Patrick Bush, the senior investment analyst, of digital assets, and Matthew Sigel, the head of digital assets research, the report dives deep into Solana’s potential, presenting a balanced view from base-case to bearish…
Deutsche Post Launches Crypto Stamp With AI-Generated Images of Historical Sites – Bitcoin News
October 30, 2023
Germans can now order a “crypto stamp” that will feature images of historical buildings rendered by artificial intelligence (AI). The stamp, to be released by Deutsche Post in November, is already available for pre-order and will come in both physical form and as a…
Latam Insights: Argentina Prepares for Run-off Election With Crypto on the Agenda, Colombia Works on Digital Peso – Bitcoin News
October 30, 2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina prepares for a run-off election with crypto on the agenda, Colombia works to formulate a digital peso, and Prosegur will build a…
North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports – Bitcoin News
October 26, 2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance (defi) usage has declined as well.
Institutional Crypto Activity Plays Bigger Role in North America…
Israeli Crypto-Based Aid Organization Says Nearly $200,000 Raised for October 7 Terror Victims – Featured Bitcoin News
October 26, 2023
Nearly $200,000 has been raised by a non-profit organization launched by members of Israel’s Web3 community. More than 30 Web3 companies have since joined the campaign while the accounting firm KPMG is said to be assisting with fundraising and distribution.
Web3 Companies…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains, as Traders Anticipate Powell Speech – Market Updates Bitcoin News
October 26, 2023
Bitcoin profit takers swooped in to capture recent profits on Wednesday, as the cryptocurrency retreated below a recent high above $35,000. The decline comes ahead of Federal Reserve Chair Jerome Powell’s speech later today. Ethereum also edged lower, dropping under the…
Ripple Joins Forces With Uphold to Improve Cross-Border Crypto Payments Liquidity – Finance Bitcoin News
October 25, 2023
Ripple has partnered with Uphold to improve its cross-border crypto payments infrastructure. Uphold will provide Ripple with “enhanced crypto liquidity capabilities.” Ripple offers services in over 55 countries, with payout capabilities in more than 70 markets, the company said, adding that it has processed $30 billion worth of volume and 20 million transactions.
Ripple Partners With…
