Cryptocurrency News Live: Most Popular Coins Register Minor Gains

Cryptocurrency nonetheless stays a mystical topic for a lot of eager traders in India. Whereas cryptos are slowly gaining recognition from traders and regulators alike, with nations and main manufacturers adopting it as an official tender, there are nonetheless a sizeable quantity of people that want to spend money on crypto, however aren’t in a position to intently observe breaking and creating information within the sector, which is able to assist them pay attention to worth actions, main sell-offs, and bulletins of latest blockchain-based developments. 

This reside information weblog is right here to assist. From main market losses to noteworthy declarations, observe this reside weblog to remain up to date with all the newest happenings on the planet of crypto.

Whereas there are lots of cryptocurrencies to discover, Bitcoin (BTC) is the most well-liked as it’s the world’s oldest and most valued crypto coin. As of December 13, Bitcoin worth stood at $17,179.40, as per CoinMarketCap knowledge. On the time of writing, the worldwide crypto market cap stood at $848.37 billion, registering a acquire of 0.87 p.c within the final 24 hours. 

Whereas cryptocurrency is unregulated in India, cryptocurrencies are clubbed underneath digital digital belongings (VDAs). Underneath the brand new tax regime that went into impact on April 1, 2022, VDAs appeal to taxation of 30 p.c on positive factors. A TDS of 1 p.c is utilized on prime of that.