Crypto Price Today Live: Bitcoin Holds $20,000; Ethereum, Dogecoin, Shiba Inu up 5%

[ad_1] New Delhi: Crypto tokens were able to maintain their gains on Thursday, which resulted in a strength in altcoins as well. That said, many analysts take a clear view of the current crypto climate, which is facing a double body shock of protocol failure and macroeconomic uncertainty, and they don’t see a strong recovery any time soon. Barring Tron and Yunus Sed Leo, all other crypto tokens were trading higher. Ethereum And solana Each increased by 5 percent, while BNB, Cardano, Dogecoin and Shiba Inu Each increased by more…

Bitcoin: Bitcoin poised for biggest quarterly drop in more than a decade

[ad_1] Bitcoin is on track for its worst quarter in more than a decade, as a string of more rigid central banks and high-profile crypto blowups hammer sentiment. Biggest drop of 56% cryptocurrency The biggest since the third quarter of 2011, when bitcoin was still in its infancy, data compiled by bloomberg performance. The decade between those hallmarks saw several booms and busts, with the market value of cryptocurrencies swelling up as well as more widespread adoption and ultra-low interest rates prompting risk-taking. But the current bear market stands for…

Bitcoin Crash: Bitcoin, Ethereum Crash Over 70% From Peak; Crypto Investors Lost Over $2 Trillion in 8 Months

[ad_1] New Delhi: The carnage in the crypto market has gained momentum and there is no respite in the near term. Considering the latest slide, investors have lost over $2 trillion (about Rs 15.65 lakh crore) in eight months. If we compare the notional value lost, the GDP of only eight countries exceeds the decline in the crypto market in less than three quarters. Countries like Canada and Italy have a GDP of just over $2 trillion, while Brazil’s GDP is $1.83 trillion. The total market capitalization (m-cap) of the…

How to save tax on the sale of bitcoin and crypto in 2022 (legally)?

[ad_1] 1. A flat 30% tax is levied on the sale of crypto in India fromscheduled tribe April 2022. Some people have started finding unique ways to save this tax legally and it is explained in detail below. topics covered 30% tax on the sale of bitcoin and other crypto 1% TDS on sale of bitcoins and other cryptos tax time GST on bitcoin and other cryptos How to Save Tax on the Sale of Bitcoin and Other Crypto 30% tax on the sale of bitcoin and other crypto Budget…