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Posts published by “Hassan Maishera”

Bitcoin price forecast: BTC could face further correction as momentum weakens

Key takeaways BTC is down 3% in the last 24 hours and is now trading below $108k. The bearish performance comes as momentum in the market continues to weaken. Bitcoin slips below $108k The cryptocurrency market is opening the weekly candle bearish, with Bitcoin and other major cryptocurrencies suffering huge losses in the last 24

Ether tops $2,350 despite a bearish trend: Will it rally towards $2,500 soon?

Key takeaways Ether is outperforming Bitcoin and a few other major cryptocurrencies after adding more than 2% to its value. Bitbot’s presale is now in the third stage and the team has raised nearly $450k. Ether outperforms Bitcoin  Ether, the second-largest cryptocurrency by market cap, has been performing well over the last 24 hours...

Slovakia to reduce crypto income tax rate: will more countries follow suit?

Key takeaways Slovakian lawmakers have voted in favour of reducing cryptocurrency income tax in the country. The move could see more cryptocurrency investors in the country and could benefit the broader crypto market. Slovakian lawmakers voted in favour of a law designed to cut taxes on the sale of cryptocurrencies...

Thailand offers tax breaks for companies issuing investment tokens: Reuters

Thailand’s government will offer tax breaks for companies issuing investment tokens. The government expects over $3 billion worth of investment token offerings over the next two years. The move could attract more cryptocurrency companies to Thailand. Companies that issue digital tokens for investment to enjoy tax breaks in Thailand Thailand’s cabinet agreed earlier today that

Consumer protection needs to be a priority in digital asset projects, says JPMorgan exec

Banks need to prioritise consumer protection as they begin to explore the digital asset space. Umar Farooq, chief executive officer of JPMorgan’s blockchain unit Onyx, believes that banks and other financial institutions need to prioritise consumer protection as they begin their journey in the digital asset space...