Bitcoin It has fallen 0.39% in the last 24 hours, but is above the $ 20,000 level of $ 20,412.21, with a weekly slide of 8.8%.
Ethereum, the second largest cryptocurrency, fell 1.78% to $ 1,086. Ethereum We have put 11% into the tank in the last 7 trading sessions.
BNB rose 0.81 percent to $ 218.75. Cardano added 0.62 percent to $ 0.4711. Solana rose 0.02 percent to $ 35.29. Dogecoin fell 0.81 percent to Rupee 0.06. Shiba Inu rose 3.11 percent to $ 5.98.
The market capitalization of the world’s cryptocurrencies has been almost flat at $ 901.57 billion, down only 0.01% in the last 24 hours. However, the total trading volume of cryptocurrencies decreased by about 6.23% to $ 57.66 billion.
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The Income Tax Office on Wednesday said the 1% TDS for the transfer of virtual digital assets would be levied on the net transaction amount and the tax credit would be primarily the responsibility of the exchange.
The Central Direct Tax Commission (CBDT) has published a FAQ on TDS clauses for virtual digital assets (VDA) or cryptocurrencies. It was introduced with a budget of 2022-23 and will be effective from 1 July, PTI reported.
Digital asset platform FalconX was valued at $ 8 billion in a new funding round led by Singapore’s sovereign wealth fund
And B Capital more than doubled its reputation in 10 months, and its CEO and founder Lagu Yaragadda told Reuters despite the recent downturn in the crypto market.
This round of funding totaled $ 150 million from new and existing investors, bringing new capital to the company despite the unfavorable market environment for cryptocurrencies. Not all of the money will be used to finance the company, as some investors have also sold their private shares in Falcon X.
In the funding round that ended in August, Falcon X was valued at $ 3.75 billion.