Bitcoin has surged to a record high of nearly $80,000 due to US President-elect Donald Trump support of digital assets and the possibility of pro-crypto lawmakers in Congress.
Cryptocurrency Investors
Crypto Analysis [23-Nov-2022] – Neal Bhai Reports
Crypto Analysis: BTC and Ethereum had another tough weekend. More details were released in terms of FTX’s liabilities, and the market players are still very much sensitive to the FTX news. Traders are concerned about another domino effect, but for now, traders are optimistic that the worst is behind us to a …
Crypto Is Like a ‘Ponzi’ Scheme, India’s Central Bank Warns
In a strong warning to Prime Minister Narendra Modi’s government, a top official at India’s central bank reiterated concerns over cryptocurrency trading, likening the virtual coins to Ponzi schemes.
India to Consider Allowing Crypto Trading for Some Investors
Crypto Trading India: India is considering a proposal to treat cryptocurrencies as a financial asset while safeguarding small investors, according to people familiar with the matter.
India Sends Tax Notices to Cryptocurrency Investors as Trading Hits $3.5 Billion
Gold Silver Reports – India Sends Tax Notices to Cryptocurrency Investors as Trading Hits $3.5 Billion — India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.