crypto trading

Indian crypto investors may not be charged this tax

India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of Bihar about data concerning crypto exchanges and their investors in the country. Sitharaman noted that the current administration did not collect any such information. Earlier reports stated that the tax department was analyzing whether the equalization tax will be applicable on the purchase of digital assets from overseas exchanges. This was because the country has expanded the

Chainlink Price Up 3.54% To $19.319 – How To Buy LINK

Chainlink is one of the top crypto projects in the industry. The blockchain platform enables the use of real-world data from off-chain sources. This way, a crypto protocol can gather information from data pools, application program interfaces (APIs), and several other sources aside from its on-chain data. This unique attribute has made Chainlink the go-to source for all blockchain platforms. Its LINK token has had a stellar year after increasing more than 300% from its entry price of $11.87 on Jan. 1 to $52.70 on May 10. This has been

Gemini Set to Bring Crypto Custody and Trading Services to RIAs

In another plus for institutional cryptocurrency adoption in the United States, Gemini is offering crypto custody and trading services to registered investment advisors (RIAs). The move comes as a result of a partnership between Gemini and Blockchange, a crypto investment firm focused on wealth managers. Full-Spectrum Crypto Services for RIAs According to a press release issued by Blockchange on Tuesday, the collaboration with Gemini will enable the provision of institutional-grade cryptocurrency trading and custody solutions. Both companies aim to become a “one-stop-shop” for crypto trading and custody for big-money investors.

Winklevoss’ Gemini Adds Support for Hong Kong, Australian and Canadian Dollars

Gemini, a major cryptocurrency exchange founded by the Winklevoss brothers, has just added support for three new fiat currencies on its platform.According to an official announcement on Aug. 17, Gemini now allows users to trade in the Hong Kong dollar (HKD), the Australian dollar (AUD), and the Canadian dollar (CAD).The three new fiat currencies come in addition to the United States dollar, allowing Gemini users in Hong Kong, Australia, and Canada to buy and sell crypto with native currencies.However, HKD, AUD, and CAD are currently not offered through Gemini’s crypto

Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.ETH-USD 4-hour chart. Source: TradingView.comThe record high open interest on ETH futures hints that traders remain bullish and further gains could be seen over the coming days.In recent months, Ethereum has seen strong momentum due to the explosive growth of the Decentralized Finance sector. The demand for Ether led to a sharp

90% Crypto Investors Worry About Their Investment – What Will Happen After Their Death

Cryptocurrency and blockchain have become the most trending topic worldwide, especially on the internet. Mostly, investors and traders are involved more in cryptocurrencies. Because the crypto market gives good returns, and it offers an excellent opportunity for the traders too.Recently, a study revealed that 90% of the crypto investors are worried about their investment in cryptocurrencies. They are wondering what will happen to their crypto assets after their Death. However, some people have some proper plans for it. But some investors, particularly younger ones, are only thinking about their own.How

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has already begun to transform many industries, from finance and supply chain management to healthcare and governance.  However, it has yet to significantly change the demographics of the tech industry. According to a study conducted by

Major South Korean Bank Joins the Crypto Custody Business

KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of digital assets.The companies belonging to the partnership state that their inception into the crypto custody business is a response to regulatory changes. These changes encouraged them to look into new business models — specifically ones which rely on blockchain technology.Simon Kim, CEO of the Seoul and San Francisco-based firm, Hashed, stated:"Combining our insight in the blockchain industry