Top cryptocurrency prices today: Bitcoin, Ether fall; Doge, Shiba Inu move up
economictimes.indiatimes.comBarring meme tokens like Shiba Inu and Dogecoin, all other top digital tokens were trading with cuts in early trade on Monday. Dogecoin and Shiba Inu jumped marginally, whereas XRP and Solana dropped up to 5 per cent. While Bitcoin’s price has meandered the last few days, the largest cryptocurrency by market value has staged a modest under-the-radar recovery from its wintertime swoon.
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A statue honouring mysterious Bitcoin founder Satoshi Nakamoto was unveiled in a business park near the Danube River in the Hungarian capital Budapest
View Details »The global crypto market cap dropped about 7 per cent to hit the $1.77 trillion mark. On the contrary, the total crypto market volume inched up over a per cent to $69.70 billion.What's cooking in India?The government will explore permitting a limited set-off of one year's losses from cryptocurrency trade against profits made in the same financial year. Such set-offs are allowed in listed and unlisted stock transactions, with the law even allowing carrying forward of the loss by four to eight years, depending on the nature of the trade. The cryptocurrency industry has appealed to the government to re-examine the budget proposal to impose a tax deducted at source, or TDS, on virtual digital asset transactions, saying it will be difficult to comply with. Beyond the vocal – and visible — retail-facing crypto trading exchanges in India, there is a thriving local blockchain ecosystem valued in excess of $15 billion.Experts takeThe global crypto market is currently in a state of uncertainty as tensions between Russia and Ukraine increased after White House warned Americans to leave Ukraine, said WazirX Trade Desk. «In 2016 Bitfinex, the exchange that
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