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How bitcoin investments can be taxed in India?

09 January 21

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Bitcoin crosses $40,000 mark, doubling in less than a month

09 January 21

First it went through $20,000. Then 10 days later, it broke through $25,000, and then, with barely taking a breath, it crossed $30,000. Now only a few days into 2021, the price of bitcoin has crossed $40,000. Nothing’s new with the digital currency in the month since it crossed $20,000, there’s been no major change in how it can be used. Although som ... Read More

JP Morgan says: Invest in bitcoin or gold? Bitcoin is the new gold

09 January 21

Bitcoin has the potential to reach $146,000 in the long term as it competes with gold as an asset class, JPMorgan published in a note. However, the most popular cryptocurrency will require its price volatility to drop considerably for institutional investors to confidently make a bet on it. Bitcoin’s market cap which is calculated by multiplying the price ... Read More

Coinbase to suspend trading in XRP

29 December 20

Cryptocurrency exchange Coinbase Inc said on Monday it would suspend trading in cryptocurrency XRP after U.S. regulators last week charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering. The move by San Francisco-based Coinbase co ... Read More

UNICAS Crypto Bank Opens in India

29 December 20

Cashaa, through a joint venture with United Multistate co-op society, has launched the world’s first crypto bank that allows users to transact in cryptocurrency and fiat from one account. The JV will enable Cashaa to access United’s regulatory licenses, its physical branches, and overall banking Infrastructure. Unicas is initially opening its service ... Read More

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