A popular crypto trader thinks it’s likely that Bitcoin (BTC) will continue its bullish momentum all the way to $50,000.
A new national survey in the US finds that the majority of Americans believe crypto will go on to revolutionize finance.
Selected creators will participate in a one-year NFT immersion program.
According to Sky Mavis, the creators of the blockchain NFT game Axie Infinity, the Ronin network has been attacked, and a hacker has managed to siphon 173,600 in ethereum and 25.5 million usd coin (USDC). The attacker has obtained roughly $620 million worth of crypto assets, and the Ronin bridge and Katana Dex have been paused.
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the U.S. dollar is “about to implode.” Among the investments he suggested are cryptocurrencies bitcoin, ethereum, and solana.
The proposal is aimed at authorizing the Secretary of the Treasury to develop a non-blockchain-based digital dollar that would support privacy and anonymity just like the fiat dollar.
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto.
The other week brought a curious outburst from part of the online cryptocurrency industry
A bullrun the past week has sent bitcoin to just under the highest levels this year. Analysis shows long-term hodlers have increased their positions by 17% since late November. These addresses accumulated BTC throughout Q1 of 2022.
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them.
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