Economics

NexBloc Announces its Buy Credits Get Tokens Program for the NexBloc Utility Token

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Time Stamp: February 25, 2022 10:14 AM - Modified On: February 25, 2022 - Published By:
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The sale starts Monday, February 28th and will include Credits that can be used for NexBloc domains and services. Tokens will be listed on exchanges in the coming months. February 25, 2022, British Virgin Islands. NexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform. By purchasing Credits for use on NexBloc, buyers will get rewarded with the NexBloc Utility Token. The Credits will never expire, and as additional products and services get added to the

India Considering Registration, Taxation in Crypto Regulation

Source Node: https://beincrypto.com/india-considering-registration-taxation-in-crypto-regulation/
Time Stamp: November 19, 2021 10:01 AM - Modified On: November 19, 2021 - Published By:
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India’s government is planning regulations that could require coins to register before being listed and traded on exchanges.Sponsored Sponsored According to anonymous sources from Reuters, the process is intentionally cumbersome in order to deter investors from holding cryptocurrencies. Only coins that have been pre-approved by the government may be traded, with those holding other coins risking a penalty. This regulation would create a barrier of entry for thousands of peer-to-peer currencies if carried out. Another senior government source claimed that capital gains and other taxes, potentially amounting to over 40%,

Several Altcoins Reach New All-Time Highs – Biggest Weekly Gainers

Source Node: https://beincrypto.com/several-altcoins-reach-new-all-time-highs-biggest-weekly-gainers/
Time Stamp: November 19, 2021 7:40 AM - Modified On: November 19, 2021 - Published By:
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BeInCrypto takes a look at the seven altcoins that increased the most during last week, specifically from Nov 12-19.Sponsored Sponsored These altcoins are: WAX (WAXP) : 67.30% The Sandbox (SAND) : 62.80% Crypto.com Coin (CRO) : 49.40% Avalanche (AVAX) : 28.60% Decentraland (MANA) : 26.78% IoTeX (IOTX) : 16.45% Enjin Coin (ENJ) : 6.73% WAXP WAXP has been moving upwards at an accelerated rate since November 11, when it bounced at the previous all-time high resistance at $0.48. In a span of only six days, WAXP increased by 106%. This

IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions

Source Node: https://beincrypto.com/irs-seized-3-5-billion-in-crypto-this-year-expects-further-billions/
Time Stamp: November 19, 2021 6:00 AM - Modified On: November 19, 2021 - Published By:
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The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021.Sponsored Sponsored According to the latest IRS criminal investigation report, this figure represents 93% of assets seized by tax enforcement over the past year. The tax collection agency believes that it could seize further billions in crypto from tax fraud and other crimes over the coming year.Sponsored Sponsored “I expect a trend of crypto seizures to continue as we move forward into fiscal year ‘22,” said IRS Criminal Investigation Chief Jim Lee. “We’re

The Sandbox (SAND) Reaches New All-Time High — Multi-Coin Analysis

Source Node: https://beincrypto.com/sandbox-sand-all-time-high-multi-coin-analysis/
Time Stamp: November 17, 2021 6:47 AM - Modified On: November 17, 2021 - Published By:
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BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including The Sandbox (SAND). Despite the token reaching a new all-time high price, it has fallen back to an important support/resistance level.Sponsored Sponsored Bitcoin (BTC) BTC has been trading inside an ascending parallel channel since Oct 20. It was recently rejected by its resistance line on Nov 10 and began its current downward move. On Nov 16, it reached the support line of the channel and the $59,700 support area. It had previously deviated below this area on

Bitcoin (BTC) Slumps Below $60,000 As Selling Pressure Intensifies

Source Node: https://beincrypto.com/bitcoin-btc-slumps-below-60000-selling-pressure-intensifies/
Time Stamp: November 17, 2021 2:17 AM - Modified On: November 17, 2021 - Published By:
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Bitcoin (BTC) decreased considerably on Nov 16 and is in process of breaking down from a short-term corrective pattern, which could further intensify the downward movement.Sponsored Sponsored BTC has been falling since Nov 10 after it reached an all-time high price of $69,000. The downward move was preceded by bearish divergence in both the MACD and RSI. This is a bearish sign that often kicks off bearish trend reversals. BTC has already touched the first support area at $57,850. This is the short-term 0.382 Fib retracement support level. Sponsored Sponsored However,

Bitcoin (BTC) Falls Sharply Towards $60,000 — Where Will It Find Support?

Source Node: https://beincrypto.com/bitcoin-btc-falls-sharply-towards-60000-where-will-it-find-support/
Time Stamp: November 16, 2021 2:20 AM - Modified On: November 16, 2021 - Published By:
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Bitcoin (BTC) decreased considerably on Nov 15 and followed it up with an even sharper fall on Nov 16. It is currently attempting to find support.Sponsored Sponsored BTC has been moving downwards since reaching an all-time high price of $69,000 on Nov 10. The downward movement was followed bearish divergences in both the MACD and RSI. Such occurrences often precede bearish trend reversals. The closest support level is found at $57,850. This is the 0.382 short-term (white) Fib retracement support level. If it fails to initiate a bounce, there would

Libre DeFi AMA Session With BeInCrypto

Source Node: https://beincrypto.com/libre-defi-ama-questions-2/
Time Stamp: November 5, 2021 12:45 AM - Modified On: November 5, 2021 - Published By:
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BeInCrypto recently held an ask-me-anything (AMA) session with Libre DeFi, a platform that promises to simplify the entry into the DeFi space via its user-based and frictionless onboarding experience.Sponsored Sponsored BeInCrypto: Hi Everyone! Welcome to another BeInCrypto AMA Session! Today we welcome both Julian (@libredefijulian) and Josh (@LibreJosh). They are CEO and COO at Libre Defi, respectively. Here is how things will work. I’ll have 10 questions for them. After these questions, they will pick up 5 out of all the questions asked by the BeInCrypto community. Good luck to you

Shiba Inu Leads the Pack — Top Altcoin Gainers of October 2021

Source Node: https://beincrypto.com/shiba-inu-leads-top-altcoin-gainers-october-2021/
Time Stamp: November 2, 2021 8:24 AM - Modified On: November 2, 2021 - Published By:
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October was a very bullish month for cryptocurrencies. Bitcoin (BTC) increased by 32% and reached a new all-time high price on Oct 20 and six altcoins increased by triple digits, led by Shiba Inu (SHIB).Sponsored Sponsored The ten altcoins that increased the most during the month of October were: Shiba Inu (SHIB): 1005%Secret (SCRT): 350%Frax Share Price (FRX): 224%Fantom (FTM): 190%Curve DAO Token (CRV): 120%Harmony (ONE): 100%1Inch (1INCH): 97%Near Protocol (NEAR): 79%Thorchain (RUNE): 75%Axie Infinity (AXS): 67% SHIB SHIB has been moving upwards since the beginning of October. It has

Bitcoin (BTC) Regains Footing, Makes Run Toward New Highs

Source Node: https://beincrypto.com/bitcoin-btc-regains-footing-makes-run-highs/
Time Stamp: November 2, 2021 6:07 AM - Modified On: November 2, 2021 - Published By:
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Bitcoin (BTC) has broken out from a short-term bearish pattern and validated it as support after, suggesting that the ongoing correction is complete.Sponsored Sponsored BTC has been decreasing since Oct 20, when it reached an all-time high price of $67,000. Since then, it has reached a local low of $57,820 on Oct 28.  BTC bounced at the 0.382 Fib retracement support level and has been moving upwards since reaching the lows.Sponsored Sponsored Despite the ongoing increase, technical indicators are not yet bullish. Both the RSI and MACD are decreasing, which

What is Dragonbite? (BITE)

Source Node: https://www.asiacryptotoday.com/dragonbite/
Time Stamp: October 20, 2021 9:17 AM - Modified On: October 20, 2021 - Published By:
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DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background