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Cryptocurrency
South Korea's Financial Regulator Dismisses National Bitcoin Reserve Plans
November 25, 2024 06:13 AM IST| By Team Kalkine MediaHighlights:,South Korea's Financial Services Commission (FSC),Chairman,, Kim Byung-,hwan,, has dismissed the idea of creating a national Bitcoin reserve, citing the current lack of necessity.,The decision reflects South Korea's wait-and-watch approac...
Top 4 Presale Cryptos of 2025: Exploring the Highest ROI Potential
November 25, 2024 06:11 AM IST| By Team Kalkine MediaHighlights:,Emerging,Crypto Projects in Presale:,BlockDAG,, 5thScape,,Aureal,One, and,DexBoss,are gaining attention for innovative blockchain solutions and technological advancements,,showcasing,diverse applications across virtual reality, metaverse...
Shiba Inu (SHIB) and Rollblock (RBLK): Two Tokens in the Spotlight
November 25, 2024 06:08 AM IST| By Team Kalkine MediaHighlights:,Shiba Inu's (SHIB) Potential Rally:,Crypto analyst Roaring Kitty predicts a 200% price surge for Shiba Inu (SHIB), citing its potential to outperform other meme coins as the market,consolidates,before a full rally.,Rollblock's,(RBLK) Revo...
Exploring Dogecoin's Price Potential and the Rise of Utility Tokens
November 25, 2024 06:01 AM IST| By Team Kalkine MediaHighlights:,Dogecoin ([DOGE]) has experienced a significant surge in recent weeks,,fueled,by market optimism and social media influence, but its climb to $1,remains,uncertain.,The shift in investor,focus,toward,utility tokens like,Rollblock,([RBLK])...
Crypto Venture Capital Funding: November Updates Highlight $30M Investments
November 25, 2024 05:56 AM IST| By Team Kalkine MediaSummary Points:,Major Funding Highlights:,Monkey Tilt and Canaan Creative each secured $30 million, spotlighting gambling and AI sectors in cryptocurrency funding during the third week of November.,Total Investments Surpass $125 Million:,The overall...
A Detailed Analysis of Top Performing Cryptocurrencies
November 25, 2024 05:53 AM IST| By Team Kalkine MediaHighlights,SAND,:,The Sandbox token has rallied to retest its six-month resistance level, gaining momentum from its involvement in metaverse initiatives and collaborations.,MANA,:,Decentraland,saw a substantial 51% increase last week, driven by its p...
Trump Administration’s Crypto-Focused Nominees for 2025
November 25, 2024 05:51 AM IST| By Team Kalkine MediaHighlights,The incoming Trump administration has nominated several cryptocurrency advocates for key leadership roles, potentially reshaping the U.S. regulatory landscape for digital assets.,Key nominees include figures like Scott,Bessent,for Treasury...
Bitcoin Inflows Surge in Australia Amid Rally Stagnation
November 25, 2024 11:15 AM AEDT| By Team Kalkine MediaHighlights,Bitcoin sees record-high Australian dollar inflows since 2021,.,November trading volumes approach peak levels across platforms,.,Sideways price action,anticipated,around key resistance levels,.,Bitcoin has experienced a significant rise in...
Weekly Crypto Market Recap
November 25, 2024 05:38 AM IST| By Team Kalkine MediaHighlights:,Leadership Changes Signal Crypto Shift,:,The upcoming U.S. administration has nominated vocal cryptocurrency advocates for key financial positions, potentially,signaling,a shift in regulatory perspectives.,Bitcoin Nears $100,000 Milestone...
Australia’s Crypto Landscape and Taxation Strategies
November 25, 2024 05:36 AM IST| By Team Kalkine MediaHighlights,Australia is actively consulting the OECD for guidance on implementing effective cryptocurrency taxation policies.,With,a significant portion,of its population engaging in cryptocurrency investments and an extensive network of crypto ATMs,...
What are some of the opportunities and challenges associated with DeFi?
March 13, 2023 09:00 PM AEDT| By Manu ShankarHighlights • DeFi enables distributed access to financial services without any central intermediaries. • One of the core premises of DeFi is that unlike CeFi or centralized finance, there is no centralized authority to dictate or control operations...
Is Ethereum bears in control at the moment?
March 08, 2023 10:50 PM AEDT| By Manu ShankarHighlights,Ethereum, just like Bitcoin, took a tumble following the recent unsettling reports involving Silvergate Capital.,ETH has lost about -5.7% over the past 14 days, according to CoinGecko.,Ethereum on 8 March was trading at US $1,557.06 with a...
Are NFTs taxable in Australia?
January 16, 2023 06:03 PM AEDT| By Ankit SethiIn some countries, the tax implications of crypto assets is a hazy subject, but not in Australia. Assets, including NFTs, attract a CGT levy, and the ATO mandates proper record-keeping.
Can you withdraw cryptocurrency in Australia?
January 13, 2023 02:44 PM AEDT| By Ankit SethiCryptocurrency assets can be liquidated in Australia using intermediaries’ services like an exchange or an ATM provider.
Are NFTs available in Australia?
January 12, 2023 01:42 PM AEDT| By Ankit SethiNFT assets are available in Australia, but there is a possibility that a particular asset like CryptoPunks might not be listed on all exchanges.
Who invented Bitcoin and why?
January 11, 2023 04:55 PM AEDT| By Ankit SethiInvented by Satoshi Nakamoto, the purpose of Bitcoin was to be developed as an ‘electronic cash system’
Is Dogecoin available in Australia?
January 10, 2023 06:22 PM AEDT| By Ankit SethiDogecoin, considered the world’s first joke or meme crypto, is available in Australia.
Is there a legal way to avoid tax on cryptocurrencies in Australia?
January 09, 2023 03:18 PM AEDT| By Ankit SethiTax is due when a CGT event arises. CGT is not levied when donating a crypto asset to a DGR.
Is it possible for Bitcoin to drop to zero?
January 06, 2023 06:33 PM AEDT| By Ankit SethiBitcoin essentially derives value from backers who continue to believe that the cryptocurrency can one day find broader utility. Any severe blow to this belief can trigger heavy losses in value.
Crypto winter of 2022 and the road ahead
January 06, 2023 10:52 AM AEDT| By Ankit SethiThere are speculations that Bitcoin and altcoins might bounce back and fears that values may drop even further given the atmosphere of high interest rates.