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Cryptocurrency are digital currencies that use cryptography to secure and verify transactions. Learn about the history, features, and challenges of different cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin, and how they can be used for various purposes such as investing, trading, and donating
As the crypto world grows, we are here to tell you which crypto is the best to invest in, in 2022. There are now more cryptos to invest in than before, and often traders need to learn more information on all currencies. However, with the many cryptocurrencies available, it can take time to identify the best investment option. By examining their features, market trends, and growth potential, we aim to provide valuable insights to[…]
Sushil Kumar Modi an upper house Indian parliament member of Rajya Sabha has recently shared his view on cryptocurrency. On Tuesday his interview with Forkast went live. His goal was to impose a 30% tax before Rajya Sabha passed their Finance Bill. However, in the interview published Tuesday, Modi mentioned that India should tax crypto 50%. Modis Views: Modi said “The government has not said in so many words… that crypto is like gambling.[…]
In the UK, stablecoins would soon become a standard payment method. The UK is on a mission to become the hub for digital payment companies. They are looking to give their people confidence in using digital currencies. As with gold or traditional currencies, stablecoins are a stable form of currency. The UK Treasury, in addition to stablecoins, also mentioned its plan to regulate more digital currencies, but they haven’t specified exactly which ones. In[…]
Ever wondered what is Uniswap? It is a popular decentralized cryptocurrency exchange that operates on the Ethereum blockchain. Most crypto trading occurs on centralized exchanges run by a single authority, such as Coinbase and Binance. Uniswap differs from these types of exchanges and is a fully decentralized system. We can call it the more advanced version because it is not run or governed by any authority. It is open-source and allows anyone to copy[…]
Nequi of Columbia is considering stepping into the crypto world. Nequi is a neobank located in Columbia. It is a platform with over ten million customers and they are looking to stand alone. Up until now, they have been working together with Bancolombia, but there are thoughts of separation. Over the years, many neobanks have taken this step of including crypto in their services. A neobank is a direct bank located only online with[…]
Robinhood’s top executive Christine Brown is leaving her spot in the company. She has plans to start her own crypto venture, but the details are still unknown. Brown expresses her thanks to the company in a tweet. “I joined Robinhood when it was under 100 people – before we even offered a crypto product, watching us grow through IPO and serving more than 22m users has been the greatest professional experience of my life.”[…]
India’s parliament Finance Bill that came out in 2022 includes a 30% crypto tax. It is set to take effect in Rajya Sabha, the upper house of the Indian Parliament. India’s Parliament – Modi: Sushil Kumar Modi, one of India’s parliament members, requested the government increase the crypto tax from the 30% it stands. In Modi’s words, “I would like to request the finance minister that the 30% tax that you have imposed on[…]
In today’s article, we’ll be discussing the market capitalization and crypto prices of the week. Bitcoin, the most popular crypto, reached a record high of the year. The coin touched a three-month high of a little higher than $47,000 on Monday, March 28th. This high came after several occurrences impacted the prices of the market. Due to the Russian and Ukraine, the pandemic, and many other factors, the cryptocurrency market went below $35,000 earlier[…]
This article will delve deep into Stablecoin advantages and disadvantages. Stablecoins, as their name puts forth, is a class of cryptocurrency that offers price stability. It can be done using algorithms or backing up the transaction with tangible assets. The year 2014 was the introduction of the first stablecoin. Through the years, it has become popular because it offers the speed and security of a blockchain network and takes volatility much lower than it[…]
The Security and Exchange Commission of Thailand announced that from April of 2022, crypto will not be allowed as a payment method. On Wednesday, the regulator mentioned that the use of crypto could negatively affect the economy. They were posing risks to the financial system as well. The SEC went on mentioning more risks. Including loss of value due to volatility, the leakage of personal data, and cyber theft. The decision to ban crypto[…]