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Make people grouping! Since we heard this call, it has become our mission.
We decided to trust in ourselves, to believe that the union of our different talents would allow us to create something.
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Bitcoin took 3.6x time than Microsoft to reach $1 trillion marketcap.
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Cryptocurrency news, price predictions, bitcoin, Ethereum, Litecoin, digital assets and the future of money, blockchain, mining, live cryptocurrency prices cryptocurrency.com.tr
At a very high level, most NFTs are part of the Ethereum blockchain, though other blockchains have implemented their own version of NFTs. Ethereum is a cryptocurrency, like bitcoin or dogecoin, but its blockchain also keeps track of who’s holding and trading NFTs.
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The global economy will be transited to a digital ecosystem right from investments to money transfers. Cryptocurrency and Blockchain are the most promising addition to the digital payment market. The year 2021 will be a watershed moment for cryptocurrency. But what’s next? Pixbit's latest blog is all about exploring the future of cryptocurrency and blockchain.
pixbitsolutions.com/blogs/future-of-cryptocurrency-and-bl...
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Bitcoin News on Evergrade's 300 Billion Debt Crisis Impacts Crypto Markets
Link: youtu.be/zcGF_6k9V3k
Analysts are wondering whether China's second-largest property developer, Evergrande Group, could default on its $300 billion in debts, posing a danger of contagion for the crypto industry.
Evergrande has since admitted that it will be unable to sell homes or other assets in its control quickly enough to service its rapidly increasing obligations, as Fitch Ratings stated on Sept. 8 that it "appears probable" that the company will default on its loans.
Evergrande predicted a "major continuing fall in contract sales in September," leading in "further worsening of cash collection by the Group" and putting "tremendous pressure on the Group's cash flow and liquidity," according to a statement released Tuesday. The following was added to the document:
Tether, the leading stablecoin issuer, may have exposure to commercial paper issued by the "$300 billion debt monster," according to Australian economist David Llewellyn-Smith, who also warned that Bitcoin (BTC) may be one of Entergrande's counterparties due to Tether's (USDT) dominance as a BTC pairing. Tether, on the other hand, has refuted this.
Tether's most recent attestation report indicated that $30.8 billion of its $62.8 billion in assets is kept in commercial paper, with the Financial Times estimating that the company is among the top 10 holders of the product globally.
Onlookers are concerned that Evergrande's demise may have far-reaching consequences for the commercial paper market, with Reuters identifying the company as "the largest issuer of commercial papers," with $32 billion in assets as of late 2020.
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Link: youtu.be/zcGF_6k9V3k
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May 25 Daily report: YouTube video with 883 million views to be taken down after its NFT, Cardano price technical breakout sets out for 60% rally, Bitcoin rallies as Elon Musk meet with miners, Ethereum markets bounce after a record plunge last week and JP Morgan CEO Sees Crypto Going To $5 Trillion
Very often, the snake scares, it represents cruelty and evil.
Do you know the fable "The Man and the Snake"? In this fable, Jean de La Fontaine describes a snake being punished to death by a man without any judgment. Then begins a monologue of the snake, in which he will try to demonstrate the ingratitude of Man. An ox, a cow and a tree are also present to give their opinion.
For us, this story reveals an interesting observation. Nature gives to Man. The cow and the ox help him to carry out the hard tasks of the everyday life. The tree warms him up, gives him shelter. However, man will have no qualms about abandoning them, killing them when he no longer has any use for them.
It is fascinating to see that Jean De la Fontaine chooses here the snake, this animal so despised by the biblical thought, which defines it as the animal which released the sin by the temptation. Who really embodies evil and cruelty?
Cryptocurrency is no longer banned in India! From ‘Banning Cryptocurrency’ in 2019 to ‘Introducing Cryptocurrency Regulation Bill’ in 2021, Indian government’s stand on cryptocurrency has witnessed a massive shift in the last 4 years. Earlier, the government was against selling, mining or receiving cryptocurrencies and totally prohibited banks from supporting crypto transactions.
Now, Indian government has introduced a bill to regulate cryptocurrency transactions in the country. Called as ‘The Cryptocurrency and Regulation of Official Digital Currency Bill’, it lists certain rules and regulations on cryptocurrency transactions. The government is now open to experiment the crypto market and allow cryptocurrency transactions.
“The whole idea of Indian government is to ‘regulate’ cryptocurrency transactions, and not ban them”
RBI’s Stand On Cryptocurrency
While the Indian government wants to regulate crypto transactions, the Reserve Bank of India is completely against cryptocurrencies, as it sees them as a threat that has the potential to cause financial instability. This is because cryptocurrencies foster financial freedom and do not have a central regulatory system like banks.
With the increasing popularity of cryptocurrencies like Bitcoin and Ethereum, RBI has its own plans to introduce an official digital currency in the near future. Finance Minister Nirmala Sitharaman has announced in her recent budget speech that RBI will introduce a blockchain based Central Bank Digital Currency (CBDC) by 2023. If CBDC becomes a reality, it will be set a massive crypto storm in India.
Cryptocurrency Tax Regime
Indian government has recently announced a tax regime for cryptocurrency transactions. Flat 30 per cent tax should be paid be people who gain income from their crypto or virtual digital assets (VDAs). Cryptocurrencies and NFTs fall under these. Even in case of losses, the tax amount has to be paid. When it comes to digital / virtual gifts, the recipient of the gift will be taxed.
The announcement of the tax regime comes in wake of the increasing frequency of crypto transactions. The tax regime has no negative effects on the cryptocurrency prices in the market.
Tax regime is imposed only on cryptocurrencies and NFTs. They will not affect digital payments like Google Pay, Paytm or Amazon Pay. One must not confuse between crypto transactions and digital payments.
Who Will Be Impacted By India’s New Crypto Tax Regime?
The new tax law will have a major impact on
• The buyers and sellers of cryptocurrencies, who engage in crypto trade in crypto exchanges such as CoinDCX, WazirX, Kuber match and more will be taxed.
• Not just the buyers and sellers, even the crypto exchanges in India who indulge in transactions to get supplies of cryptocurrencies from other countries to sell domestically will be taxed. Their profits and revenue will be impacted.
• People who buy cryptocurrencies from Indian exchanges will have to pay the 1% TDS.
• People who own NFTs and virtual assets or gifts will be taxed.
• In-app purchases and reward points offered by apps and social media organizations will be impacted by the crypto tax regime.
• There are also chances for dating, gaming and social media apps to be taxed 1% TDS as they come under virtual digital assets, according to the government.
To conclude, as of now, Indian government has made up its mind to support and regulate crypto trade and transactions. The government has future plans to introduce their own RBI-backed cryptocurrency. Despite the recent announcement of the crypto tax law, traders and businessmen involved in crypto trade seek more clarity from the government on the taxing process. India does not involve in mining of cryptocurrencies, therefore it has to buy them from outside the country, being subjected to the crypto tax law.
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Immigration officers in Thailand have arrested 24 Chinese fugitives for an alleged cryptocurrency scam in Bangkok. The Immigration Bureau of the Royal Thai Police arrested the 24, seized 424 mobiles, phones, 61 laptops and a number of routers. Meanwhile, the Bureau stated that the head of operation hired employees on a three month contract. Wherein he paid all expenses of the contract including a $710 monthly salary.
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Here, in spite of what one could think, it is not a dragonfly but a damselflie.
A creature of the wind, sparkling and ephemeral, this animal embodies our potential to improve. From the larva to this flying insect, many transformations take place. The transformation is a constructive and creative operation. Creating a work of art is like an alchemist trying to transform lead into gold. We go from the void to the endless possibilities. Art transforms perceptions, interpretations, emotions and opens our minds.
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In 2014, the U.S. Marshals Service auctioned off 30,000 bitcoin confiscated from the founder of the Silk Road, Ross Ulbricht.
Tim Draper was the highest bidder for $19 million.
Today, that bitcoin is now worth $1.75 billion.
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It runs on the EOS blockchain. it's wont to support large-scale applications. There are not any transaction fees involved for sending or receiving EOS. The EOS platform effectively substitutes inflation for transaction fees by rewarding the entities which periodically run the network with new EOS. The EOS coin is employed for governance and allows developers and users to get the resources they require for running applications on EOS. Here, you will obtain all the desirable Crypro News from our cryptoknowmics website with Eos news today.
Guggenheim Partners Chief Investment Officer Scott Minerd shocked Bloomberg TV hosts Wednesday afternoon when he said his firm’s fundamental analysis shows bitcoin should be worth $400,000.
Bitcoin took 3.6x time than Microsoft to reach $1 trillion marketcap.
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The Public’s Bank of China (PBOC) has freshly declared that all crypto-related transactions are illegal in the area. The central bank trusts that digital currencies should be banned. The current statement from the bank shows an influential signal on its purpose to crack down on the digital assets industry.
PBOC requires banning Altcoin, Bitcoin, and Stablecoin transactions:
On 24-Sept-2021, PBOC cited on the website that all crypto assets including Bitcoin and Tether are unlawful in the country. The central bank tells its citizens again that digital currencies like Bitcoin or any altcoin are unlawful in China. Therefore, it cannot be spread on the market. Later, PBOC highlighted all cryptocurrency-related transactions, including services accessible by foreign crypto assets exchanges to domestic residents.
China’s commands made a marginally nervous scenario:
The newest directive comes as the global markets rise quickly, regarding a debt crisis connecting real estate developer China Evergrande Group. Behind the situation, Vijay Ayyar, the head of Asia Pacific with crypto exchange Luno in Singapore, remarked that while the government of China has made such similar arguments in the past. This is a slightly tense environment for cryptocurrencies with the current comment by the US SEC comments and total macro-environment. Eventually, any comments of such an environment will cause a sell-off in risky assets.
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Bitcoin has been on a slow yet steady rise since its 11th birthday (3rd January 2020).
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Visa provided an earnings update on Thursday, reporting that its customers used its crypto-linked cards to make $2.5 billion in payments during the first fiscal quarter of 2022. This represents more than 70% of the crypto-card volume in fiscal 2021, an indication of the growing number of people buying digital assets with their cards.
Although the cryptocurrency markets are volatile, cryptocurrency is becoming a more popular payment method.
CNBC spoke with Visa CFO Vasant Prabhu about the positive development, “To us, this signals that consumers see the utility in having a Visa card linked to an account at a crypto platform."
He adds, "People are using their crypto-linked cards to spend in a variety of ways—retail goods and services, restaurants, travel."
With crypto-linked credit cards, consumers can purchase crypto anywhere Visa is accepted. That means merchants do not have to be familiar with crypto at all; transactions are processed in fiat as are typical Visa transactions.
Visa also announced that its crypto wallet partner list now includes Coinbase, Circle, and BlockFi, as well as almost 100 million merchants accepting crypto payments.
The usage of cryptocurrency-linked cards reached $1 billion in the first half of 2021, according to Visa. Mastercard and cryptocurrency exchange Gemini plans to introduce a card to offer the opportunity to earn cryptocurrency. In early 2022, Gemini, the crypto exchange co-founded by Cameron and Tyler Winklevoss, will make the card available for customers on a waitlist.
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What classes are available in Rappelz Tournament?
⚔️♂️ There are various classes like Warrior, Mage, and Summoner, each with unique abilities.
How does the pet system work in Rappelz Tournament?
🐾 You can capture and train different creatures to assist you in battles.
What are the best tips for beginners in Rappelz Tournament?
🎯 Focus on quests to level up quickly and join a guild for support.
Are there still active Rappelz servers?
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On January 28 the fund's founder Sandeep Nailwal and Buterin tweeted that Ethereum organizer Vitalik Buterin will get back $100 million in USDC from the more than $1 billion in Shiba Inu he recently gave to the India-centered COVID-19 alleviation store, CryptoRelief.
"We will move $100mn USDC back to Vitalik, a non-Indian, to do the fast deployment in high risk/reward projects," tweeted Nailwal, who is likewise the co-founder of Polygon, on Friday.
Last May, Buterin gave 50 trillion in SHIB tokens (worth about $1.2 billion around then), which the makers of Shiba Inu sent him unsolicited, to the CryptoRelief store. He consumed the other tokens.
Nailwal added that Buterin's original donation made up 98% of the association's absolute contributions and that $100 million of the leftover finances will be sent back in the USDC stablecoin. Buterin said that his new association will zero in on wagers that are " very-high-value and global in nature and bring great benefit to Indians and non-Indians."
Buterin tweeted that he will utilize the $100 million "to complement CryptoRelief’s existing excellent work with some higher-risk higher-reward covid science and relief projects worldwide."
The move comes as the Indian government is equipping to introduce the country's financial plan on Feb. 1. The country's administrators have been weighing new crypto guidelines.
Nailwal implied that the country's crypto wariness figured in the choice to return the sum in stablecoin to Buterin.
"Considering the fund's foreign origin and laws of India, Crypto Relief followed a systematic, controlled & robust approach in disbursing funds mandated to be utilized for India," tweeted Nailwal. "But being an Indian citizen (NRI), I have to be extra cautious in any of the projects being donated to," he added.
As per Nailwal, CryptoRelief has dispensed about $70 million worth of funds inside India and holds $302 million worth outside of the $100 million that will be sent back to Buterin.
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What classes are available in Rappelz Tournament?
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Published by Ashish Pandey · t16 Dt6ece6m5berlof ansot 09083:ri5me83 ·
The Lightning Network is a second layer added to the Bitcoin (BTC) blockchain that enables off-chain transactions, i.e. transactions between parties that are not on the blockchain network. #bitcoin #bitcoinlightningnetwork #cryptocurrency #future_of_lighting_network #LightingNetwork #crypto #coindealings
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Coin Dealings
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What you know about #Blockchain? Share your thought.
Mine is "Blockchain is a specific type of database. It differs from a typical database in the it stores information; blockchains store data in blocks that are then chained together. As new data comes in it is entered into a fresh block." #crypto #currency #bitcoins #buycoin #blockchain #blockchainnews #cryptonews #bitcoins #blockchaintechnology
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Published by Ashish Pandey · 2fhcm34ns No6ve6mfrbe8e012r ·
Having surfaced as a digital alternative to traditional methods of monetary exchange like cash or credit cards, cryptocurrencies have also generated alternative points of view. These are the advantages of #Cryptocurrency. #coindealings #crypto #bitcoin #currency #cryptocurrencynews #cryptonews #advantages_of_cryptocurrency
Cryptocurrency: Advantage & Benefits of Cryptocurrency In India
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Cryptocurrency: Advantage & Benefits of Cryptocurrency In India
This is the advantage of cryptocurrency and considering the benefits that make it a practical alternative to financial trade.
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Published by Ashish Pandey · 1fhcm36ns No6ve6mfrbe8e012r ·
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Published by Ashish Pandey · 9fhcm3 nsNov6em6bfre585a1rf ·
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Tether is the good investment!
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Tether is the good investment!
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Published by Ashish Pandey · 8 Nho1potn4vsemo2e94mber1 ·
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Kava, the decentralized finance (DeFi) platform, is investing a huge amount of funding into its ecosystem expansion to make DeFi suitable for the general public.
The multi-channel DeFi platform announced on September 22 that it is embarking on the next phase of growth with the launch of the Kava ecosystem.
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Kava allows its users to take loans by locking in collateral in exchange for USDX, a soft peg USD stablecoin. Running on the Cosmos blockchain, it processes transactions from other blockchains such as Bitcoin and Ethereum.
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