Heading: Finance

Bitcoin in India may be taxed up to 30%

The Government of India has calculated the income of citizens received on cryptocurrency and attended to the introduction of a 30% income tax. On December 5, the Central Bank of the Asian state introduced directives regarding bitcoin turnover in India, but then there was no talk of taxes. Bitcoin in India may be taxed up to 30% The warning, sounded at the state level, about the limitations of the powers of cryptocurrencies in the country and the risks of the financial system with security, caused a number of investors to dump their own savings in cryptocurrencies. The Government of India calculated the income of citizens and decided to participate in sales legally. Financial experts do not rule out that bitcoin sellers will have to pay taxes retroactively. With the inhabitants of India, to whom it is imperceptible ... Read More

Changetip users return forgotten bitcoins

The rising cost of bitcoin has breathed new life into the Changetip service, which suspended operations in 2016 due to high fees. Hoping to find deposits of cryptocurrency, the former owners are trying to restore access to forgotten accounts. Recall that in November last year, when the payment system decided to close, the market value of bitcoin was estimated at $750. Twenty times the value of the cryptocurrency forced users to return to the treasury. Experts note that social networks are full of positive user reviews about the Changetip payment service, which made a gift to its customers and allowed them to get rich. Changetip users return forgotten bitcoins To return an account to the Changetip system, users will have to log in through social network accounts: Reddit, ... Read More

Wikipedia page on Bitcoin in TOP-3

The popularity of bitcoin on the planet is growing every second. First, the cryptocurrency sets records for price growth, and then leaves the world payment system VISA behind in the rating. The past weekend showed another achievement of the virtual currency. Wikipedia page on bitcoin in TOP 3 The Wikipedia page on bitcoin ranked second in the ranking of the most popular resources on the Internet for three days in a row. Note that the first place remains with Vladimir Putin and Donald Trump, who lead head to head in terms of popularity. Interest in bitcoin is associated with the introduction of cryptocurrency futures in the United States, which started earlier than the announced deadline by the Americans. Recall that the states announced their readiness to introduce an exchange contract ... Read More

200 million Bitcoin users by 2024 year

The sharp jump in the bitcoin rate made the inhabitants of the planet reconsider their own investments and opt for a new cryptocurrency, which, according to experts, by 2024 could cost $1 million per coin. In just one quarter, the number of e-wallet users doubled from 5 million to 10 million. According to statistics, the increase in the number of cryptocurrency holders is proportional to the increase in the value of bitcoin. 200 million bitcoin users by 2024 And this is just official data. If we take into account Asian capacities and compare with the statements of the owners, then the declared figure will triple, since the largest cryptocurrency exchange Coinbase alone announced 13 million served wallets. In fact,... Read More

What Amazon founder will invest $ 1,1 billion

In addition to the steady growth of Bitcoin on the global stage, in the field of finance, another event made the market flinch. Amazon founder and CEO Jeff Bezos sold 1 million shares in one week. Such moves by business owners are rare, so the stock market has faltered. What the Amazon founder will invest $ 1,1 billion in Bezos tried to reassure the public, saying that the proceeds will not lie idle. The businessman assured that part of the funds will go to the space project and the development of The Washington Post, which is owned by the founder of Amazon. It is possible that charitable foundations will get something. Plus, the businessman mentioned support for philanthropy projects, asking his Twitter followers to ... Read More

0 Euro denomination printed in Germany

Souvenir products with a face value of 0 Euro, issued by a German bank with the permission of the European Central Bank, according to experts, should attract tourists and numismatists. The bill is offered at 2,5 Euros, but experts predict an increase in cost and recommend that the Germans make a worthy investment in their own product. As for quality, here the Germans, using their own decency, approached the matter seriously. The 0 Euro banknote is printed on the original papyrus, on which the Eurobank prints regular money. Naturally, all degrees of protection correspond to the original banknotes, including watermarks. It may not be possible to pay in the store with such money, but it is possible that with an increase in the cost of souvenirs, store owners, in order to promote goods, do not ... Read More