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Tag Archives: Bitcoin

India Is Considering a Heavy Tax on Large Bitcoin Transactions

The relationship between bitcoin and India has always been a complicated one. Following a lengthy period of preventing bitcoin companies from doing business with banks, India now says it’s considering imposing a large Goods and Services Tax (GST) on all BTC transactions.India Wants to Impose a GST Tax On BTCThe tax would be around 18 percent. To qualify for the tax, a transaction must be worth more than 40,000 crores. The news comes by way of the Central Economic Intelligence Bureau (CEIB), a...

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Mark Newton: A Bitcoin Correction Will Arrive in January

Bitcoin has been doing rather well as of late, but according to crypto analyst Mark Newton – founder and president of Newton Advisors – the asset could be headed for a slow period in early 2021.Mark Newton: The Good Fortune May Soon Halt for a WhileIt’s always disappointing to start the new year out on negative or depressing news, but in a recent interview, Newton pointed to a technical chart to show how the bitcoin price could ultimately be in for a correction sometime in 2021.This has been...

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Did You Use Stimulus Funds to Buy BTC? You’re Reeling in the Rewards, Now

A battle is waging for the second stimulus in America. Despite President Donald Trump signing off on the bill and the House quickly approving $2,000 checks for each qualifying American, the bill is still facing a lot of barricades in the Senate, which believes that most of the country is not in dire need of the money.What a Ride This Stimulus Train Has Led Us On!While this fight will more than likely continue into the new year, we have an opportunity right now to direct our thoughts to the...

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Pro Football Player Russell Okung Is Transferring His Salary Into BTC

Celebrities have often shown their love of bitcoin and cryptocurrencies in the past. Figures such as musician Kanye West and boxer Floyd Mayweather have all discussed their love of digital money and have even devoted some of their business ventures to it, though very few have ever agreed to be paid in crypto or have converted healthy portions of their salaries into crypto. However, one sportsman – Russell Okung – is taking his love of bitcoin and digital assets to the next level.Okung:...

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The New Year Has Arrived! Will It Be Good for Bitcoin?

The new year has arrived. All the craziness and sloppiness of 2020 can potentially be put behind us as we look towards the future. Will 2021 be a kind year? Will it be kind to bitcoin?Will Bitcoin Have a Solid Run in 2021?The one thing we can say about the last 12 months is that they have been rather positive for cryptocurrency. The rest of us have been left out in the rain, no doubt, but crypto traders and investors are likely looking at their stashes at the time of writing and felling...

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Black Rock Is Looking for a New Crypto Executive

The crypto job sector has seriously grown over the past few years. There is now an unprecedented need for developers, designers and executives in the crypto space, and with a little help from Black Rock – one of the largest investment firms in the world – it looks like things are about to get a whole lot bigger.Black Rock Is Looking for a New Crypto VPBlack Rock put out a job advertisement last week saying it was looking to hire a “crypto and blockchain-focused” executive. This person would...

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What Will 2021 Hold for Bitcoin?

A new year is upon us. 2020 is finally coming to a long-awaited end, along with the craziness that came with it. This year bitcoin rose to new heights, and the currency appears to have garnered a newfound reputation as a store of value. Many see it as a hedge tool that can keep one’s wealth safe during times of economic strife.Will 2021 Be Any Different for Bitcoin?The big question now is, “Where do we go from here?” Where will bitcoin be lead in 2021? Could the future hold promising items...

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Year in Review: The Top Bitcoin Stories of 2020

Bitcoin is bidding adieu to 2020. Here comes 2021, and while the past 12 months have certainly been difficult for people around the world, bitcoin has had one heck of a time. The currency has risen to new heights, has gained extensive attention and respect from institutional players, and is now viewed as a store of value by many people and sources.As we say goodbye once and for all to what has surely been an upsetting and crazy year, let’s look back on some of the biggest bitcoin stories of...

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Sweden and Norway Have Become the Top Crypto Mining Regions

Sweden and Norway have taken the top spots for bitcoin and cryptocurrency mining. Both countries have endured long and wet weather – some of the wettest of the past 20 years. This has given both regions the rainwater they needed to ensure they possess strong, hydroelectric power, which remains some of the cheapest in the world. As a result, many crypto miners are looking at these regions as the top places to set up operations.Sweden and Norway Are the Top Mining NationsAs it stands, much of...

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Nigel Green Says He’s Sold Half His Bitcoins

Bitcoin is surging like it never has before. During the Christmas holiday, the world’s number one cryptocurrency by market cap jumped to $27,000 per unit, and it’s still hovering at this number now. The asset is doing better than ever, and yet for Nigel Green, the time to sell may have arrived.Nigel Green Is Selling His StashAs the chief executive of financial group deVere, Green admits in a recent interview that he has sold half of all his bitcoins. He states:I have sold half my bitcoin...

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