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Earlier this year, in March, Minister of State for Finance, Mr. Anurag Singh Thakur said in response to a question the Rajya Sabha that “the gains resulting from the transfer of cryptocurrencies/assets are subject to tax under the head of income, depending upon the nature of holding of the same”.

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The strengthening of coherence in bubble regimes is much less prominent in the short and long term. In the short term, the effect of bubbles may be hidden by the effects of daily news items and intraday trading activity. It is also seen that in the short term the relationship between online factors and cryptocurrency prices are erratic and generally weak; there is little consistency as to whether the price or factors are leading, though slightly more negative relationships exist in this period band. The erratic relationships over the short term suggest online factors may not be best predictor in the shorter term.
Home / Markets / Cryptocurrency / Bitcoin appears to crash 87% in a flash on Binance’s US venue Bitcoin appears to crash 87% in a flash on Binance’s US venue Premium Volume on the exchange in that minute was 592.8 Bitcoins, which are worth just shy of $40 million at current prevailing prices. (REUTERS) 1 min read . Updated: 21 Oct 2021, 09:54 PM IST Bloomberg The price of Bitcoin appeared to rapidly — and only temporarily — plunge about 87% on Binance’s U.S. exchange Thursday morning, sinking to as low as $8,200 from around $65,000. The price did nothing like that on other venues, and on Binance the level almost immediately snapped back to where it had been. Premium Premium Wall St extends record rally on strong jobs report, Pfi ... The plunge occurred at 7:34 a.m. New York time, according to Binance’s website. Volume on the exchange in that minute was 592.8 Bitcoins, which are worth just shy of $40 million at current prevailing prices. Mistakes like this happen throughout finance when, for instance, traders mess up details of their intended trades, entering the wrong price or order size. An erroneously large trade, as one example, can overwhelm an exchange’s order book, leading to a quick and massive decline. The entire U.S. stock market famously flash crashed back in May 2010, though equities have mostly avoided trouble since that era. This is the latest in a string of recent high-profile trading problems in crypto. Synthetify, a new decentralized exchange, was forced to shut down for a while earlier this month shortly after its debut because of bad data provided by the Pyth Network, a price feed backed by some of the world’s most well-known trading and exchange firms. Pyth malfunctioned another time in September, erroneously making it appear that Bitcoin had crashed 90%. .

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And, while it has big ambitions, its current market value is someway below the $1 dollar threshold - but has experienced a steady increase in price since its launch.
"[I] don‘t expect a majority of these coins to be sold, as many of the beneficiaries were into bitcoin very early on already." Read More Testing Highs, Extending Rallies, Continuing Scams, Forking Out and 20 Crypto Jokes Some Chinese Crypto Websites ‘Still Operational,’ Says State Media

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The biggest difference between cryptocurrency values and fiat money is that fiat currencies are backed by central governments and declared as legal tender. Its value is basically derived from the fact that the central government has stated that it has value and two parties in a transaction put their trust in that value.
Many cryptocurrencies are built on blockchain technology, which is a distributed ledger enforced by a distributed network of computers. Cryptocurrencies are distinguished from fiat currencies like the United States dollar or the British pound because any central authority does not issue them, making them potentially impervious to government intervention or manipulation.

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Next PostNext Elon Musk announced, Tesla is reconsidering Bitcoin as Payment after Miners Turn 50 % Green. Recent Posts Top Cryptocurrency Exchanges For Trading Cryptocurrencies Ten Serious Mistakes You Need to Avoid When Trading Altcoins in 2022 DeFi literacy: Universities initiate education on Decentralized Finance (DeFi) Babylon Project 2.0 Invites Global Blockchain Innovators Ethereum vs Solana vs Cardano — who is DeFi’s favourite?

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    More and more cryptocurrencies are entering the market every day, each one offering a slightly different model to attempt to attract investors. One of the most intriguing cryptocurrencies launched this year is SafeMoon, which looks to take the DeFi world by storm.

    Synchronously generates a new random secret key of the given length. The type will determine which validations will be performed on the length. const { generateKeySync } = await import('crypto'); const key = generateKeySync('hmac', { length: 64 }); console.log(key.export().toString('hex')); // e89..........41econst { generateKeySync, } = require('crypto'); const key = generateKeySync('hmac', { length: 64 }); console.log(key.export().toString('hex')); // e89..........41e crypto.generatePrime(size[, options[, callback]])# size The size (in bits) of the prime to generate. options add | | | | | rem | | | | | safe Default: false. bigint When true, the generated prime is returned as a bigint. callback err prime |
    People considering investing in Bitcoin or shares and stocks have also been warned over "risky" tips being shared on TikTok.

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    "We feel very, very good about the coins that we're currently listing on our platform. And for any new coins that we add, we want to feel equally, if not more good," he added.

    The spkac argument can be an ArrayBuffer. Limited the size of the spkac argument to a maximum of 2**31 - 1 bytes. spkac | | | | encoding The encoding of the spkac string. Returns: The challenge component of the spkac data structure, which includes a public key and a challenge. const { Certificate } = await import('crypto'); const spkac = getSpkacSomehow(); const challenge = Certificate.exportChallenge(spkac); console.log(challenge.toString('utf8')); // Prints: the challenge as a UTF8 stringconst { Certificate } = require('crypto'); const spkac = getSpkacSomehow(); const challenge = Certificate.exportChallenge(spkac); console.log(challenge.toString('utf8')); // Prints: the challenge as a UTF8 string Static method: Certificate.exportPublicKey(spkac[, encoding])# spkac | | | | encoding The encoding of the spkac string. Returns: The public key component of the spkac data structure, which includes a public key and a challenge. const { Certificate } = await import('crypto'); const spkac = getSpkacSomehow(); const publicKey = Certificate.exportPublicKey(spkac); console.log(publicKey); // Prints: the public key as const { Certificate } = require('crypto'); const spkac = getSpkacSomehow(); const publicKey = Certificate.exportPublicKey(spkac); console.log(publicKey); // Prints: the public key as Static method: Certificate.verifySpkac(spkac[, encoding])#
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    This Week in Crypto: Biden Administration Releases Report on Stablecoin Regulation, While U.S. Officials Look at How Banks Hold Crypto Become an FT subscriber to read: Former Binance US chief Brian Brooks to lead crypto miner Bitfury Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Select Purchase a Trial subscription for $1 for 4 weeks You will be billed $68 per month after the trial ends For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Select Purchase a Digital subscription for $7.16 per week You will be billed $40 per month after the trial ends MyFT – track the topics most important to you FT Weekend – full access to the weekend content Mobile & Tablet Apps – download to read on the go Gift Article – share up to 10 articles a month with family, friends and colleagues Select Purchase a Print subscription for $5.75 per week You will be billed $50 per month after the trial ends Delivery to your home or office Monday to Saturday FT Weekend paper – a stimulating blend of news and lifestyle features ePaper access – the digital replica of the printed newspaper Get Started Purchase a Team or Enterprise subscription for per week You will be billed per month after the trial ends Premium Digital access, plus: Convenient access for groups of users Integration with third party platforms and CRM systems Usage based pricing and volume discounts for multiple users Subscription management tools and usage reporting SAML-based single sign-on (SSO) Dedicated account and customer success teams Premium Digital Premium Digital + Print Premium Digital + Weekend Print Weekend Print

    HKDF is a simple key derivation function defined in RFC 5869. The given ikm, salt and info are used with the digest to derive a key of keylen bytes.
    Although this may seem like a negative, it actually means that if the Safemoon cryptocurrency were to showcase extreme growth, then any investments right now would be in at the ground level. Right now, the attention surrounding Safemoon is mainly negative, as many cryptocurrency market commentators are claiming that the token has no actual use except to make the development team and certain investors rich.

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    SafeMoon’s Facebook page states: “Remember, getting to the moon takes time and the longer you hold the more tokens you pick up.”

    Home » Crypto News » Former BinanceUS Boss and US Official to Lead Bitcoin Mining Company Bitfury Former BinanceUS Boss and US Official to Lead Bitcoin Mining Company Bitfury Author: Dimitar Dzhondzhorov
    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102207

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    This page defines and compares the top cryptocurrencies traded around the world: Bitcoin, Ether and Litecoin. Keep reading to view live cryptocurrency prices and the latest cryptocurrency market news, and to learn about the factors that influence prices, such as speculation and regulatory ruling. Live cryptocurrency prices What are cryptocurrencies? Top cryptocurrencies traded worldwide What affects cryptocurrency prices? Trading tips

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    Since Binance doesn't allow for US Dollar deposits and trading, most of the volume on the exchange occurs against stablecoin pairs such as BTC/USDT, BTC/USDC, and BTC/BUSD (BUSD is Binance's native stablecoin). One other factor to note is that although Binance does have more volume than any other exchange, that volume is spread across a much larger pool of cryptocurrencies than other exchanges such as Coinbase and Kraken. Therefore, it's always important to look at the specific asset you're interested in trading in order to determine how liquid (or illiquid) it is.

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    The event connects ATOM stakeholders, developers and enthusiasts from all over the world with the latest developments on the Cosmos blockchain.

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    “Squid Game Dev does not want to continue running the project,” the developers wrote on their Telegram channel Monday, saying they were “depressed” by scammers and “overwhelmed with stress.”

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