Thursday, November 07, 2024

Business

Cryptocurrency Today 4 April: Bitcoin Edges Up, Dogecoin Gainer Terbesar

Cryptocurrency Today 4 April: Bitcoin Edges Up, Dogecoin Gainer Terbesar

Cryptocurrency traded at Green early in April 4. Close the global crypto market was $ 2.14 trillion, a 0.73 percent increase during the last day. The total volume of the Crypto market for the last 24 hours was $ 94.07 billion, a decrease of 14.86 percent.

The total volume in Defi is currently $ 13.72 billion, 14.58 percent of the total market Crypto volume 24 hours. The volume of all current coins is now $ 77.41 billion, which is 82.29 percent of the total market Crypto volume 24 hours.

Bitcoin prices are currently RS 36.03 Lakh, with dominance of 40.66 percent. This is a decrease of 0.30 percent throughout the day, according to coinmarketcap data.

In the news, software hacking around $ 600 million which underlies popular play-to-exfinity games is likely to change the attitudes and responsibilities of the venture capitalists who invest in Crypto, said Animoca Brands Co-Founder Yat SIU.

Security violations allow hackers to steal 173,600 ethers and 25.5 million USDC tokens and underline striking weakness in what is called a bridge that allows digital tokens to be exchanged between various blockchains.

Animoca, which has various businesses related to non-fungible tokens, is an investor in Sky Mavis, Axie Infinity developer.

“It’s a pity that this might need to happen to Sky Mavis for the world to take note, but we are all more careful,” said SIU in an interview in the NFT La Conference in Los Angeles.

In the March 23 attack, the hackers target the Ronin Bridge, which is adopted by Sky Mavis to help Axie Infinity network accelerate transactions and reduce costs.

Meanwhile, Indonesia plans to impose value added tax (PPN) on crypto asset transactions and income tax on the increase in capital from the investment each 0.1 percent, starting May 1, a tax official told reporters, in the middle of the boom in trade digital assets.

Interests in digital assets have surged in the largest economy in Southeast Asia during Covid-19 pandemic, with the number of Crypto assets soaring to 11 million at the end of 2021.

“Crypto assets will be subject to VAT because they are commodities as defined by the Ministry of Commerce. They are not a currency,” officials said, Hestu Yoga was careful, told a media direction reported by Reuters.

“So we will impose income tax and VAT.” The government is still working on tax implementing regulations, he added.

Total crypto asset transactions last year in the commodity futures market rose more than 10 times to 859.4 trillion rupiah ($ 59.8 billion), data from the commodity futures trading regulatory agency showed.

Indonesians are permitted to trade Crypto assets as commodities but do not use them as a payment tool.

As of 7.55 am on April 4, these are the prices of largest cryptocurrencies (data from WazirX):

NAME PRICE (INR) 24H %
Bitcoin 36,03,098 0.45%
Ethereum 2,72,730 1.82%
Tether 78.29 0.66%
Cardano 90.8024 1.86%
Binance Coin 34,774.40 2.48%
XRP 65.1500 1.79%
Polkadot 1,788.49 0.47%
Dogecoin 11.2300 3.79%

Leave a Reply

Your email address will not be published. Required fields are marked *