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Indonesia considers capital gains tax on cryptocurrency trades
11.5.2021
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official
PROMISE - A BEP20-Compliant Token Explodes Over 1000% Gains In 7 Days!
11.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Undoubtedly, the adoption rate of blockchain technology has tripled in the last five years. Aside from permitting the creation of Bitcoin and other cryptocurrencies, blockchain technology also allows the creation...
Bitcoin and Ethereum Extend Correction, Altcoins Trim Gains
11.5.2021
Bitcoin price failed to test the USD 60,000 level and started a downside correction. BTC broke the key USD 56,500 support level to move into a short-term bearish zone. It even dived towards USD 53,500 and it is currently (05:40 UTC) trading just below USD 55,000.
Similarly, most major altcoins...
Bitcoin and Ethereum Consolidate Gains, XLM and WAVES Outperform
10.5.2021
Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term.
Besides, most...
One of Africa’s Oldest Wildlife Conservancies Accepts Crypto Donations
10.5.2021
One of Africa’s biggest wildlife conservancies, the Virunga National Park, which is situated in the Democratic Republic of Congo (DRC), says it now accepts donations via cryptocurrency. It says such donations will be used in helping to protect DRC’s famed “mountain gorillas...
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
10.5.2021
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area...
Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High
9.5.2021
On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen,...
Ethereum Classic gains 300% in one week as traders rush to buy the 'wrong Ethereum'
7.5.2021
The "original" Ethereum, despite its security issues, beats ETH as it ascends to USD levels never seen before
‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Ethereum and Altcoins Rally, Bitcoin Corrects Gains
6.5.2021
Bitcoin price formed a base above the USD 54,000 zone. BTC started a steady increase and it cleared the USD 56,000 and USD 56,500 resistance levels. It even tested the USD 58,000 zone and it is currently (03:50 UTC) correcting gains.
Besides, most major altcoins gained bullish momentum....
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
6.5.2021
TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap
The $70B Meme Coin Market: Dogecoin Skyrockets Past a Half Dollar, DOGE Market Cap Eats Into BTC Dominance
4.5.2021
The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away...
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
4.5.2021
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans...
Ethereum’s New ATH, Bitcoin and Altcoins Target Additional Gains
3.5.2021
Bitcoin price gained bullish momentum above the USD 56,500 and USD 57,000 resistance levels. BTC is currently (04:25 UTC) consolidating near USD 58,000 and it could extend gains. A break above USD 60,000 could possibly start a stronger rally in the near term.
Besides, most major altcoins...
Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet
2.5.2021
The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will...
Biden’s capital gains tax plan to pull crypto down to earth from the moon?
30.4.2021
More taxes may cause short-term volatility, “but long term, you may see more demand for DeFi applications and other collateralized use cases.”
Bitcoin Inches Higher, Ethereum Consolidates, XRP Gains Traction
30.4.2021
Bitcoin price started a decent recovery wave above the USD 53,500 level. BTC broke the USD 54,000 level and it is currently (11:30 UTC) showing a few signs of possible more upsides. If it clears USD 55,000, the bulls might gain strength.
Besides, most major altcoins are eyeing a fresh rally. ETH...
QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity
28.4.2021
Low fees and high yield opportunities briefly pushed QuickSwap price above the $1,000 mark as the Polygon-based layer-2 solution sees adoption from new blockchain projects
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
28.4.2021
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days....
Market Update: Bitcoin Bulls Bounce Back, Dogecoin Slumps, XRP Jumps 18%
27.4.2021
Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top ten leading crypto...