Best Crypto to Buy as Bitcoin Breakout Is on the Horizon – Hype Rules the Market
The crypto king’s volatility is the lowest it’s been in years, valued between $91K and $109K since November 2024, signaling a Bitcoin breakout. As measured by the Choppiness Index, $BTC has not experienced such a tight consolidation since 2015. The indicator signals low volatility, which, historically, can spur tremendous price movements – either north or […]
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DigiFinex, a global cryptocurrency exchange, is adding Horizon Protocol’s token HZN to its ever-increasing list of tradeable altcoins. This news comes a few days after Horizon Protocol announced the upcoming launch of their Horizon Genesis project on BSC. The project will provide Horizon Protocol’s community with better ways of managing their synthetic assets on the […]
Synthetic assets are different DeFi platform tokens that digitally represent real-life derivatives like futures and options. They are created via smart contracts on a distributed and globally accessible blockchain network. Horizon Protocol Horizon Protocol is a DeFi platform for creating on-chain synthetic assets (zAssets) based on real-life financial assets. The protocol is a fork from the liquidity derivatives protocol, Synthetix. Therefore, instead of reinventing the wheel, Horizon improves the interoperability, scalability, speed, and affordability of on-chain derivatives trading. It....
Shiba Inu has been one of the worst-hit in the crypto market retracement. Like any other meme coin, SHIB is highly volatile, following the hype, and once the hype had begun to die down, the price followed swiftly. SHIB, which was once in the top 10 cryptocurrencies by market cap after a tremendous rally in […]
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 country’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 trading volumes. Aditya Singh, who runs the Youtube....
Discussions about another major rally for Bitcoin in this cycle have increased significantly within the space due to heightened volatility in the market lately. However, market experts are signaling that the next bull run for BTC might be on the horizon, driven by multiple crucial factors such as growing institutional interest and on-chain activity. Is […]