Month: April 2022

Bitcoin Investment 2020: Why Bitcoin Can Give a 10x Return! {Simple Breakdown!}

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin investment has the highest possibility of giving you a 10x Return on Investment of any asset class for 2021. In this video, I will outline the 4 biggest reasons you should invest in Bitcoin, but I will also outline the 5 biggest reasons people are pessimistic about bitcoin so you can decide for yourself. Finally, weโ€™ll talk about ways to invest, for those who are interested. โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force โ€“ Regulation Bitcoin News

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Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after the countryโ€™s parliament approved Finance Bill 2022. A flat tax of 30% now applies to crypto income with no deductions or loss offsets allowed. On April 1, crypto exchanges in India began seeing sharp declines in…

What is augmented reality and why is it important for the Metaverse?

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AR and the Metaverse is like a good marriage. You can use them apart from each other, but they’re better together. The Metaverse is a digital landscape that participants can use to build their own virtual environments. It’s a network of different virtual worlds that you can enter through by wearing VR goggles. But, here’s a question: Can you tell why augmented reality is important for the Metaverse? What is the role of AR in the Metaverse?  Even though you can’t change the world you’re living in, augmented reality makes…

Kraken, Another Giant Exchange Integrates The Lightning Network

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This is huge! Kraken now supports Lightning Network deposits and withdrawals. The suddenly popular second Layer protocol keeps growing and gaining importance. โ€œFinally, traders have an instant and inexpensive way to move bitcoin on and off the platform,โ€ Kraken said in their official announcement. The Lightning Network is much more than that, though.ย  What will happen once Krakenโ€™s extensive clientele tries out Lightning transactions? Will the phenomenal experience change the way they see bitcoin? The second layer solution can process millions of transactions per second and all operations cost pennies…

CLIFF Uses Deflationary Mechanism to Boost Token Price Regularly

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Dogecoin started as a joke but ended up attracting billions of US dollars and the interest of Elon Musk himself. The cryptocurrency with the Shiba Inu dog as its logo has become an inspiration for many other crypto projects. The most recent example is Cliff, although it hasnโ€™t been designed as a purposeful parody. On the contrary, Cliff, which also has a dog as its symbol, is seeking to help investors secure sizable returns by implementing a deflationary model. What Is Cliff and How Does It Work? Cliff is the…

Biggest Movers:ย  Near Surges 22% on Saturday, as SOL, AXS Move Higher โ€“ Market Updates Bitcoin News

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NEAR has risen by over 20% during todayโ€™s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto markets to start the weekend, as its price gained by more than 20% on the day. Following a low of $13.08 on Friday, NEAR/USD rallied to a peak of $16.23 in todayโ€™s session, as prices were nearly 22% higher. Todayโ€™s peak is…

Record music streaming profits highlight how NFTs will empower content creators

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The music sector hit record revenues at $25.9 billion in 2021, which amounts to an 18.5% growth from 2020, according to IFPIโ€™s โ€œGlobal Music Report.โ€ Of these nearly $26 billion, streaming drove the bulk of the growth, with a 24.3% increase relative to 2020. These patterns constitute great news for the emerging class of NFT musicians and highlight the demand for audio and video content. Even if the way that streaming is done changes โ€” moving from centralized platforms, like Spotify to decentralized NFT marketplaces โ€” streaming is here to…

Is Bitcoin Mining an Arms Race?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io As regulators continue to criticize Bitcoin mining for its carbon footprint, public mining companies are getting ahead of the narrative by exclusively using renewable sources for their power. In this episode we talk with Zach Bradford from CleanSpark about being a public mining company, the challenges of ESG power sourcing, and the future of the Bitcoin mining industry. HOST: Whit Gibbs: ๐ŸŽฅ TIMESTAMPS: Begin 00:00 Intro 00:34 Zach’s background 00:54 Data center energy optimization 02:55 CleanSpark vs. other miners 04:32 CleanSpark future…

SOL price eyes $150 in April

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Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April. Solana flips key resistance to support To recap, SOL’s price underwent extreme pullbacks upon testing its multi-month downward sloping trendline in recent history. For instance, the SOL/USD pair dropped by 60% two months after retracing from the said resistance level in December 2021. Similarly, it had fallen by over 40% in a similar retracement move led by a selloff…

LeisurePay Announces Dual Listings on Bitmart and Probit Global โ€“ Press release Bitcoin News

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press release PRESS RELEASE. LeisurePay, a merchant payment solutions provider using blockchain technology and powered by the only wholly black-owned bank in America, announces the debut exchange listing of its LPY token. โ€œListing with a Top 20 Worldwide exchange in Probit Global, one of the top-ranked exchanges in Bitmart, is a huge and exciting step in the LeisurePay journey. Having the LPY token listed on not just one exchange but a dual listing demonstrates the power of this project and reflects on all the effort put in by our team.…