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CryptoPage - Crypto Newsletter - Issue 290

Crypto Daily News - Mar 29, 2022
 

Crypto Newsletter

 
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ISSUE 290  March 30th 2022

 

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Solana breaks above $100 as investors being shorting profits

Solana has confirmed a breakout above the $100 price level and it seems that the chances of SOL breaking above the $120 price level are quite high. Moreover, being one of the most bullish tokens in the market, SOL has continued to attain higher highs in recent days. As noted in our SOL price analysis for March 28, 2022, the token broke above the $105 price level. Another important thing to note is that SOL is nearly 60% low than the all-time high.

thecoinrise.com  Permalink

 

Canadian PM candidate supports freedom to use Bitcoin as money

The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money in the country.

cointelegraph.com  Permalink

 

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

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.

bitcoin.com  Permalink

 

Institutional crypto funds see largest capital inflows for 3 months

CoinShares data revealed on Tuesday that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise from the previous week which saw outflows of $47 million.

cointelegraph.com  Permalink

 

Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered

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.

bitcoin.com  Permalink

 

Here is Ripple’s take on what is key to understanding NFT collectors

The entry and ascent of NFTs have completely changed the shape of the crypto-industry. Now, NFT creators, collectors, and analysts desperately want to understand the day’s trends so that they can ensure the best possible returns on their investment.

ambcrypto.com  Permalink

 

Bitcoin (BTC) Resumes a Hike! Here’s What is Fueling the Rally!

All major digital tokens were flying high on Monday, bolstering investor confidence. Bitcoin reached a three-month high, Dogecoin increased by almost 8%, and Avalanche increased by 6%. Shiba Inu and Ethereum both increased by 5%. Today’s momentum has remained consistent.

coinpedia.org  Permalink

 

Biden Eyes $5 Billion in 2023 Revenue From Applying New Tax Reporting Rules to Crypto

U.S. President Joe Biden today submitted his budget proposal for the 2023 fiscal year in conjunction with the U.S. Treasury Department's revenue explanations. By the administration's estimate, the U.S. can gather roughly $11 billion in revenue over 10 years—and nearly $5 billion next year alone—by "moderniz[ing] rules" to apply certain financial accounting and reporting practices to digital assets.

decrypt.co  Permalink

 
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Crypto Newsletter - Issue 289

Monday, March 28, 2022

Crypto Daily News - Mar 28, 2022 View on the Web Archives ISSUE 289 March 29th 2022 Crypto News Breaking: Russia's Energy Minister Calls For Legalization Of Crypto Mining Regulatory uncertainty

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Crypto Daily News - Mar 27, 2022 View on the Web Archives ISSUE 288 March 28th 2022 Crypto News Rio de Janeiro to accept Bitcoin for real estate taxes from 2023 The Brazilian city of Rio de Janeiro

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