JJ Cryptocurrency

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JJ Cryptocurrency

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Explained: GARI’s massive price rise is a reflection of the creator economy’s future

Designed to further the creator economy by allowing influencers to own their platform and govern their engagement with fans, web3-based crypto solution $GARI has positioned itself as the token to watch out for by soaring over 100% in just one week. Here is everything you need to know about India’s latest cryptocurrency sensation: What is …

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Backlash pushes Thailand to cancel a planned 15% levy on crypto gains

Thailand has cancelled proposed plans to implement a tax on cryptocurrencies The proposal had seen pushback from both industry stakeholders and the public. Thailand has halted plans to enforce a 15% withholding tax on cryptocurrency transactions. According to a Financial Times report published yesterday, the government resorted to dropping the plan altogether following sustained disapproval from …

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India announces a 30% tax on gains obtained from digital assets

India’s Finance Minister has announced a 30% tax on profits from crypto and other digital assets She also disclosed plans to roll out a CBDC (digital rupee) in the 2022-23 fiscal year In a move indicating India is unlikely to ban cryptocurrencies as initially suggested, Finance Minister Nirmala Sitharaman has announced that tax will apply …

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Astra Protocol sets up a Compliance Hub in The Sandbox metaverse

On January 27, Astra Protocol, a cutting-edge legal compliance layer for public blockchains, announced that it has built a Compliance Hub in the Sandbox metaverse world. The new Compliance Hub will provide Sandbox metaverse users with a decentralized compliance layer including Anti-Money-Laundering (AML) and Know-Your-Customer (KYC) capabilities. Resolving on-chain compliance issues Astra Protocol aims at …

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Interesting centralized exchange tokens worth your attention at the start of February, 2022

BNB saw an increase in trading volume by 15% in the last 24 hours. CRO saw an increase in its value by 4% in the last 24 hours. FTX saw an increase in its trading volume by 152% in the last 24 hours. Binance Coin (BNB), Crypto.com Coin (CRO), and FTX Token (FTT) are all …

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Cardano has established a bearish trend, crypto analyst forewarns

A popular crypto analyst has projected that BTC would drop below $30k before it eventually bounces above $40k. He also tips off that Cardano’s ADA has carved a clear bearish path and could fall towards the support at either $0.80 or $0.65. Capo, a pseudonymous crypto analyst on Twitter, has told 240,000-large following that crypto …

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DFINITY-based Internet Computer unveils Bitcoin and Ethereum integration plans

Internet Computer will integrate Bitcoin via the ‘Chromium Satoshi Release’ before the end of Q1 this year The Ethereum integration would not come until Q3 when the ‘Vanadium Vitalik Release’ is run DFINITY Foundation, a non-profit organisation that supports the public blockchain Internet Computer, has released its roadmap for 2022. The release detailed that Internet …

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Santiment analysis indicates XRP and Uniswap are entering an opportunity zone

On-chain data shows several altcoins could be set for an upturn as they approach historical opportunity zones Uniswap has recently hit an all-time negative low in MVRV, and XRP is on an eight-month low in this metric Blockchain analytics firm Santiment today reviewed the top altcoins that investors should look to after the sour January …

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Monthly Report: SEC’s campaign against Bitcoin Spot ETFs continues

January has been a rough month for the cryptocurrency market. Many crypto coins have bled in the last three weeks erasing gains from the broader market rally at the end of last year. Meanwhile, the larger crypto ecosystem has seen several developments this month. However, no direct crypto ETF has been approved in the US …

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