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Bangladesh – one of the few countries presently attempting to enforce a ban on cryptocurrency trading and use – has announced that several major state institutions will begin ramping up efforts to crack down on bitcoin adoption among Bangladeshi citizens. Also Read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Bangladesh Central Bank Warns Financial […]
The post Bangladesh Authorities on “Hunt” for Bitcoin Traders appeared first on Bitcoin News.
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An increasing number of Hong Kong-based cryptocurrency traders are reportedly turning to U.S.-based bitcoin futures. The shift away from domestic markets has been spurred by a perception that the American futures markets receive greater regulatory oversight than Hong Kong’s unregulated cryptocurrency exchanges. Also Read: Bank of Thailand Bans Banks From Cryptocurrency Activities Demand for Exposure to […]
The post Hong Kong Crypto Traders Turn to U.S. Futures Markets appeared first on Bitcoin News.
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India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders. Also Read: India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, […]
The post India’s Tax Department Issues Notices to 100,000 Crypto Investors appeared first on Bitcoin News.
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Most cryptocurrency investors in South Korea remain anonymous without moving their accounts to the government-mandated real-name system. So far, less than 10% of crypto traders have converted their virtual accounts into real-name ones. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 8% Conversion Rate So Far The real-name system for cryptocurrency exchange […]
The post Most Crypto Traders in South Korea Remain Anonymous Despite Regulations appeared first on Bitcoin News.
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With increased public awareness of Bitcoin and altcoins, many new faces have recently entered the crypto scene for the first time. Of course, new traders will make many bad decisions, and for the most part, they will improve with time and experience. However, a number of these mistakes are common, and can easily be identified and avoided. Ignoring Market Cap Ignoring market capitalization is a pretty common issue that seems to persist almost universally among new traders. The mistake is that these traders look at the price of a coin, not its market cap, to decide whether or not to buy it. They lookPowered by WPeMatico