[ad_1] Bhutan’s investment arm and Bitdeer Technologies Group are planning to ramp up their Bitcoin mining operation to help offset the revenue impact of an upcoming event known as the halving. The partnership between Druk Holding & Investments and Nasdaq-listed crypto mining firm Bitdeer aims to invest in boosting Bhutan’s …
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Inside Austin’s bitcoin underground
[ad_1] AUSTIN — There is a sort of clubhouse for Austin’s bitcoin believers on the second floor of the Littlefield Building at the corner of Congress Avenue and Sixth Street. The hideaway is at the crossroads of two worlds — the majestic thoroughfare that leads to the Texas State Capitol …
Read More »How Much Effective Tax Investors Pay On Cryptocurrency Profits – News18
[ad_1] On a profit of Rs 50,000, one pays Rs 17,500 tax. If you have earned a profit of Rs 1,000 on the sale of cryptocurrency, then post the deduction of 30% tax, you will not get Rs 700. Cryptocurrency is a digital currency which is an alternative form of …
Read More »Bitcoin hits record above $71,000 as demand frenzy intensifies | The Express Tribune
[ad_1] LONDON: Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Britain’s financial watchdog on Monday became the latest regulator to pave the way for digital asset trading products after saying on Monday it will now permit …
Read More »Bitcoin touches an all-time high above $69,000, surpassing 2021 record
[ad_1] Jaap Arriens | NurPhoto | Getty Images Bitcoin has reached a new all-time high for the first time in more than two years, as this year’s rally — fueled by excitement over bitcoin ETFs and the upcoming halving event — accelerated. The price of the cryptocurrency topped $69,210 on …
Read More »Bitcoin jumps above $60,000 for the first time since November 2021
[ad_1] Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by 6% at $60,688.00, according to Coin Metrics. Earlier, it rose as high as $60,734.42. It’s now sitting just below its all-time high of …
Read More »Crypto Currencies Have No Underlying Value, Says RBI Official – News18
[ad_1] Currently, bitcoins have no legal backing in India and investors have to pay a tax on the income earned by trading in them. RBI has been critical of new-age currencies like bitcoins, saying they pose systemic risk to the financial systems. Crypto currencies cannot be referred to as “currencies” …
Read More »Bitcoin falls from $50,000 following hotter-than-expected inflation data
[ad_1] An image of bitcoin and U.S. currencies is displayed on a screen during the Interpol World Congress in Singapore on July 4, 2017. Roslan Rahman | AFP | Getty Images Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading. Bitcoin was last lower by about …
Read More »New details emerge about SEC’s X account hack, including SIM swap
[ad_1] The U.S. Securities and Exchange Commission said on Monday that a SIM swap attack was to blame for the breach of its official account on X, formerly known as Twitter, earlier this month. On Jan. 9, an unauthorized party gained access to the @SECGov account and displayed a fake …
Read More »Ripple CEO calls U.S. SEC Chair Gary Gensler a ‘political liability’
[ad_1] Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Images Ripple CEO Brad Garlinghouse fired off criticism at U.S. Securities and Exchange Commission Chairman Gary Gensler on Tuesday, calling the SEC …
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