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South Korean Ruling Party Squabbles over Crypto Tax


tax code, which will see a flat rate of 20% tax levied on crypto tax profits of over USD 2,100 a year. If unamended, this change will come into force on January 1, 2022.But the ruling Democratic Party is wary of a backlash from angry voters aged 20-39 – the backbone of the party’s support –

Massachusetts Casinos Net $26 Million In Tax Revenue


As per the August reports, the Massachusetts Commission stated that it had collected a total tax of $869 million in a year from three casinos, MGM Springfield Casino, Plainridge Park Casino, and the Encore Boston Harbor Casino. A total tax amount of  $26.2 million, collected from the state-licensed...

Bitcoin and Ethereum Struggle To Break Key Hurdles


nk" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/XRPUSD/">XRP also declined 4% and it is testing the USD 1.05 support. ADA could revisit the USD 2.25 support zone in the near term.Total market capitalizationSource: https://www.tradingview.comBitcoin priceAfte

Solana Week’s Worst Performer in Top 100 After Network Restart


ranked 7th by market capitalization, was down by nearly 13% over the past 24 hours, trading at a price of almost USD 140. For the past seven days, the coin has now fallen by nearly 26%, the most among the 100 most valuable cryptoassets by market capitalization, per CoinGecko’s ranking

SushiSwap's MISO Suffers USD 3M Attack, Contract Thefts May Rise


en attacked. Per his words, this was a supply chain attack, with an anonymous contractor, who’s using the GitHub handle ‘AristoK3’, injecting a malicious code into Miso’s front-end.As for the identity behind this handle, Delong said that they “have reason to believe” it’s the Twitter user ‘er

Bitcoin and Ethereum Consolidate, SHIB Surges


" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH corrected lower towards USD 3,500 and it is now facing resistance near USD 3,600. XRP might start a stronger increase if it clears the USD 1.12 resistance. Similarly, ADA is still failing to clear USD 2.50

Ethereum (ETH) Comes Closer to $500 Billion Valuations!


The bull run on the Ethereum network has nothing short of surprising. It wasn’t expected that ETH would retest the $4000 levels so quickly. The fundamental potential on the Ethereum network was the only thing that helped scale smart contracts to become a commonly known term. Ethereum, at its peak...

HBAR Jumps On USD 5.7B Promise From Hedera Hashgraph


s today, correcting lower soon afterward. At 14:30 UTC, its price was unchanged in the past 24 hours, trading at nearly USD 0.53. It is up 67% in the past week and 117% over the past month.   HBAR 24h price chart. Source: CoinGecko

Analysts Urge Caution as Golden Cross Appears in Bitcoin Chart


over the 200-day moving average, the rare but popular signal again appeared on the bitcoin chart between Tuesday and Wednesday this week.BTC/USD golden cross (blue circle) and death cross (red circle). Source: TradingViewThis week’s golden cross comes after bitcoin in June printed a ‘death c

Bitcoin Consolidates, Ethereum Rallies, Altcoins Gain Traction


https://www.tradingview.com/symbols/ETHUSD/">ETH rallied almost 8% and it even spiked above the USD 3,600 level. XRP broke the USD 1.10 level and moved above the USD 1.12 resistance. ADA could gain traction if there is a close above USD 2.50.Total market capitalizationSource: https://

Aave (AAVE) is Struggling at a Swing Resistance of $420!


The brainchild of Stani Kulechov, Aave, and its precursor LEND and has been among the leading cryptocurrencies in the decentralized finance domain even before the term DeFi was coined in the blockchain market. AAVE is a key cryptocurrency in the Defi space with an emphasis on developing transparent...

Bitcoin, Ethereum and Altcoins Aim For More Gains


he USD 3,400 level and it is now consolidating gains. XRP is rising and it might soon clear the USD 1.2 resistance. ADA could gain traction if there is a clear break above USD 2.50.Bitcoin priceAfter a clear break above USD 46,000

Bitcoin and Ethereum Break Resistance, LINK and UNI Rally


nk" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH was able to climb above the USD 3,380 and USD 3,400 resistance levels. XRP is still struggling to gain momentum above USD 1.10. ADA is consolidating near the USD 2.40 level.Total market capitalization

BTC Reflects a Strong Buying Action at $44000. What’s Next?


Bitcoin has been a boon for the crypto industry as it has remained firm in its protocol and visions since its inception. Rising from under $1 to the first crypto to cross the $50,000 mark, the way it has rallied in the past few years has been a complete shock for those who termed BTC …

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