Chief Strategist at Bank of America says Bitcoin doesn’t need rivals when it is in itself a rival. Considers past surges of Bitcoin for comparing them with current investment mania by institutional sector. Bitcoin’s Bulls-Run had been worrying many within and outside the crypto industry. Many of the analysts from the financial sector had suggested…
In the current times, the most prominent cryptocurrencies that are known for being anonymous are Zcash, Monero, and Dash. These currencies have been used widely among users who wish to keep their identities and privacy intact. These cryptocurrencies are circulating in the majority of the countries as legal assets. However, the situation may change for…
Taxation Authorities in South Korea amends tax laws regarding cryptocurrencies. Imposes taxes upon crypto trading and exchange which are to be collected from the start of the year 2022. After long delays, finally, the South Korean Government had been able to successfully amend its taxation laws in respect of cryptocurrency trade/exchange. It took a while…
Bitcoin’s value could go beyond US$ 146,000 if it continues to go eye-to-eye with Gold, say analysts at JPMorgan. Also, suggest the current Bitcoin Bull-Run is more or less the same as that of 2017. But pointed out three potential risks that could change the overall structure of Bitcoin in 2021. On Monday, JPMorgan had…