Latest Articles

NFTs are taxable in South Korea, as per the financial authority.

Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets. Nonfungible tokens, or NFTs, will be taxed beginning next year, according...

The latest and largest NFT charity auction has been announced by Sotheby’s Metaverse.

Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its...

Biden Renominates Powell to Lead the Fed

U.S. President Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on...

El Salvador will issue a $1 billion Bitcoin bond to enable fund development of ‘Bitcoin City.’

President Nayib Bukele told a huge crowd at Bitcoin Week in El Salvador on Saturday night that El Salvador, the only country where bitcoin...

Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto

The CEO of Australia's largest bank, Commonwealth Bank of Australia (CBA), sees significant risks in not investing in bitcoin. He explained, "We see risks in participating, but we see bigger risks in not participating." In an interview with Bloomberg Television in Sydney on Thursday, Commonwealth Bank of Australia CEO Matt Comyn discussed the fear of missing out...

Three reasons why Bitcoin’s dip below $56.5K could be the local bottom.

"Expect the unexpected" is the first rule of Bitcoin (BTC) trading. There have been five instances of 20 per cent or more daily gains in the last year, as well as five intraday 18 per cent drawdowns. Compared to recent peaks, the volatility over the last three months has been rather low. Traders new to Bitcoin, whether multibillion-dollar institutional fund managers or ordinary investors are often enthralled by a 19 per cent drop following a local top. Many people are even more surprised by the fact that the current $13,360 correction from the all-time high of $69,000 on November 10 took place over nine days. Liquidations were not triggered as a result of the negative move.Cryptocurrency traders are infamous for using huge leverage, and roughly...

Instead of Bitcoin, here’s what you should have bought last week.

Altcoins normally follow Bitcoin, but the most savvy crypto traders can convert BTC dips into buying opportunities.We've previously stated that the relationship between Bitcoin's...

New data suggests leverage shakeout – Can Bitcoin hold $60K?

Though the skyrocketed price of Bitcoin for sometime crossed $60,000 but on Nov 16th Bitcoin (BTC) is sliding down, bullish analysts say no problem...

Cryptocurrency regulation in India is expected to be implemented in February.

The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year....