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Cryptocurrency, Bitcoins

And companies are busy dipping their toes adding cryptocurrency to their balance sheets. However, what stays to be seen is the long-term results of digital currencies. We’ve seen bitcoin hit an all-time high of $65,000 and the total crypto market capitalization breach the $2 trillion milestone inside a couple of months. Besides huge institutional buy-in from companies, the biggest news for crypto comes from El Salvador, the primary of many to undertake bitcoin as a authorized tender. Around 16% of grownup Americans — or forty million individuals — have invested in cryptocurrencies, in accordance with the federal government, and 43% of males between the age of 18 and 29 have invested in the digital currency. Cryptocurrency Costs Right Now:  Bitcoin, Ether Edge Higher According to WazirX founder Nischal Shetty, 1% TDS on crypto buying and selling will result in large loss of tax revenue for the Government. India’s largest crypto trade by trading volumes, WazirX, has announced a bran