Bitcoin price surges, but derivatives metrics reflect pro trader’s neutral sentiment
BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet. Go to Source Powered by WPeMatico
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Tax man: India’s new tax policies could prove fatal for crypto industry
India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry. Go to Source Powered by WPeMatico
Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception. Go to Source Powered by WPeMatico
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around the world. Singapore Becomes First Southeast Asian Nation to Impose Sanctions … Read more
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval. Go to Source Powered by WPeMatico
How are Afghans using crypto under the Taliban government?
Afghans have shown great interest in cryptocurrencies and some are using them to avoid U.S. sanctions and get paid from other countries. Go to Source Powered by WPeMatico
India’s crypto tax provides little legal clarity for traders and exchanges
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility. Go to Source Powered by WPeMatico
Sanctions and trade: Iran aims to develop a central bank digital currency
While the central bank announced its intention to launch a CBDC, exact details are still scarce. Go to Source Powered by WPeMatico
Indonesia’s Crypto Industry in 2021: A Kaleidoscope
The Indonesian cryptocurrency industry and market experienced notable growth in 2021. Go to Source Powered by WPeMatico
Bitcoin miners’ resilience to geopolitics — A healthy sign for the network
The phenomenal recovery of the mining hash rate for BTC goes to show how resilient the network and its community are to world events. Go to Source Powered by WPeMatico
