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Crypto Taxation Misses the Mark: India Loses $420 Million in Potential Revenue Due to 1% TDS

The Indian government has lost $420 million in what could have been a substantial revenue stream as a result of its taxation, forcing traders to move their transactions outside the country. Experts are now suggesting that the Indian government should take a more relaxed approach to its controversial stance on crypto taxation. According to a recent study by Delhi-based think tank Esya Centre, the highly debated crypto policy in India, involving a 1% transaction tax deducted at...

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We Asked ChatGPT if BlackRock Will File for an Ripple (XRP) ETF With the SEC

TL;DR BlackRock’s Cryptocurrency ETFs: Filed for a Bitcoin ETF and showed interest in an Ethereum ETF in 2023, impacting market prices, especially for Ethereum. Market Response: Significant price surge in cryptocurrencies due to BlackRock’s strong track record in ETF application approvals. XRP ETF Speculation: No current filing for an XRP ETF by BlackRock, with the decision possibly influenced by Ripple’s ongoing legal issues with the SEC. BlackRock is the world’s largest...

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Bitcoin Robbery Gang Strikes Again in Sweden: Middle-Aged Couple Targeted: Report

In a shocking turn of events, a middle-aged Swedish couple fell victim to a violent home invasion orchestrated by a gang of masked men determined to steal their Bitcoin holdings. This incident, which unfolded earlier this week in the town of Rönninge, south of Stockholm, has highlighted the alarming trend of cryptocurrency-related robberies in Sweden. Sweden’s Rising Trend of Violent Bitcoin Robberies The robbery in Rönninge is described as a serious incident, with one victim...

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Arthur Hayes Crowns Bitcoin and Ether Crypto’s Reserve Assets

BitMEX founder Arthur Hayes believes Bitcoin and Ether are crypto’s reserve assets while everything else is a shitcoin. While he assured that he loves shitcoins and is not a maxi(malist), Hayes went on to add that the first stop is always BTC since “Bitcoin is money and only money.” Hayes talks about what to purchase to outperform the currency debasement. The smartest trade is going long crypto, according to the exec. He cited that nothing else has outperformed the increase...

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Einsteigen bei 2.05?

Wer bei einem Bitcoin-Preis von 2.05 US-Dollar eingestiegen ist, liegt mittlerweile deftig im Plus. Kein Wunder, versprechen findige Programmierer und Marketer seit Jahren das neue Bitcoin. Es gibt keine Garantie auf Gewinn. Doch ein Projekt ist ziemlich ambitioniert: Worldcoin. Aktuell kostet eine Worldcoin auf den gängigen Bitcoin-Börsen wie Binance circa 2 US-Dollar. Zudem vermeldete Worldcoin heute die Nutzerzahl: Mehr als 4 Millionen Downloads und mehr als 1 Million aktive Nutzende soll...

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Which Cryptocurrencies Will Explode Next as Institutions Eventually Shift From Bitcoin and Ethereum?

TL;DR Lark Davis predicts institutional investors will expand into cryptocurrencies like Chainlink and Solana, beyond Bitcoin and Ethereum. He views the current phase as a pivotal chance for substantial wealth creation in the crypto market. Chainlink and Solana have shown significant institutional interest and price increases recently. Popular crypto influencer and entrepreneur Lark Davis (TheCryptoLark on X) is the latest to chime in, as he believes Bitcoin and Ethereum are...

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Wie Sie Ihre Bitcoin-Transaktionen Blitzschnell Machen: Effektive Tipps für Sofortige Bestätigungen

Das Warten auf Bitcoin-Transaktionen kann oft frustrierend sein, besonders wenn das Netzwerk überlastet ist. Glücklicherweise gibt es Methoden, um diesen Prozess zu beschleunigen. Hier sind einige Strategien: Höhere Gebühren zahlen: Die einfachste Methode, um eine schnellere Bestätigung zu erreichen, ist die Zahlung höherer Transaktionsgebühren. Miner bevorzugen Transaktionen mit höheren Gebühren, da diese für sie lukrativer sind. SegWit-Adressen...

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SEC Alleges Former CEOs of Tech Startup Fraudulently Raised $70 Million From Investors

The US Securities and Exchange Commission (SEC) has accused two former CEOs of collapsed California-based tech company Bitwise Industries, of alleged misrepresentation and fraud, which they used to raise funds from unsuspecting investors. The defunct company is not associated with the major crypto asset manager, Bitwise, even though both entities bear identical names. Former Bitwise Industries Founders Charged With Fraud In a press release published on Nov. 9, 2023, the...

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Top U.S. Bitcoin ETF Absorbs $240 Million Inflows As Spot ETF Excitement Rages

The ProShares Bitcoin Strategy ETF (BITO) – the largest existing Bitcoin ETF in the United States – has absorbed a quarter of a billion dollars worth of flows over the past month. This marks the fund’s second-best-performing month next to its launch date, signaling fierce anticipation over an incoming spot ETF approval. Revival of Futures ETFs As shared by Bloomberg ETF analyst Eric Balchunas on X, the value of BITO’s assets has nearly doubled over the last 30 days from ~$850...

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Here’s When Binance Will Stop Russian Ruble Deposits

Cryptocurrency exchange Binance has announced the suspension of Russian ruble (RUB) deposits starting from November 15, 2023. This decision by the company comes following its recent announcement regarding the sale of its entire Russian business to CommEX. Binance to Cease Russian Ruble Deposits In a November 10 announcement, Binance said it would be stopping Russian RUB deposits as of 00:00 on November 15, 2023 (UTC), marking a crucial step in its decision to exit the Russian...

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