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Officer’s Committee recommends delaying the decision on the crypto GST.

The GST Council has been directed by the officials’ committee to postpone a decision regarding bitcoin and other forms of virtual property tax. The Fitment Committee said in its report back to the GST Council that a rule on cryptocurrency law is pending. It may be crucial to categorize all associated supplies with the crypto-ecosystem in order to determine if they are goods or services.
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Clampdowns and ambiguous regulations force crypto exchange founders to flee India.

MULTIPLE INDIAN entrepreneurs and builders in the Web 3.0 space are relocating to another nation in an attempt to relocate to more crypto-friendly locales. Nischal Shetty and Siddharth Menon, co-founders of India’s largest cryptocurrency exchange WazirX, have relocated to Dubai with their families.

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Hardware is put up for sale after the crypto meltdown
The worst losing streak in cryptocurrency history is having a cascading effect on technology prices, which supported the labor-intensive process of mining these digital resources. The days of cryptocurrency miners and gear producers hoarding funds during the current rise in digital assets are long gone.
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Today’s cryptocurrency prices: Bitcoin and Ether rise slightly, while Polkadot falls.
On July 1, major cryptocurrency traded in the green, as the global crypto market cap increased by 0.52 percent to $896.88 billion in the previous 24 hours. During the period, the total crypto market volume increased by 15.65% to $72.37 billion.

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Coinbase intends to increase its presence in Europe.
Coinbase Global Inc, a cryptocurrency exchange, announced on Friday that it plans to expand into some European markets, despite the fact that the digital asset market remains in decline.

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In New Delhi, Monday’s cryptocurrency trade was erratic. In contrast to Bitcoin and Ethereum, which saw only modest gains, Tron and XRP each saw gains of 3%. Polkadot was one of the worst offenders. The market capitalization of all cryptocurrencies was trading at $865.22 billion, declining by more than 0.5 percent over the previous day.

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Today’s Cryptocurrency Price: Bitcoin Exceeds $20,000, Ether and Solana Gain 10%; Full List
Today’s cryptocurrency price: The global cryptocurrency market was in for a pleasant ride early on Tuesday, July 5, as it jumped into the green zone, followed by a rally of major crypto coins such as Bitcoin, Ethereum, and BNB. After about a week, these cryptocurrencies rose by more than 9%, pushing the crypto market cap above the $900 million mark.

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Prices for Bitcoin, Ether, and Solana remain unchanged.
Prices for Bitcoin, Ether, and Solana remain unchanged. Today’s cryptocurrency price: Following a brief rebound, the cryptocurrency market was back in the red zone on Wednesday, July 6, as investor sentiments remained negative in the face of stock market volatility.

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Bitcoin prices today, July 7, are up, and Polkadot is the largest gainer in cryptocurrencies.
Early on July 7, most cryptocurrencies saw gains as the market cap of all cryptocurrencies grew by 1.83 percent to $922.86 billion from the previous day. However, over the past 24 hours, the overall volume of the cryptocurrency market fell by 9.23% to $58.19 billion.

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Today’s cryptocurrency prices are flat, with Ether dropping more than 2%.
Most cryptocurrencies traded flat early on July 9 as the global crypto market cap fell 1.69 percent to $952.57 billion in the previous day. The total crypto market volume, on the other hand, increased by 35.54 percent in the last 24 hours to $85.95 billion. The total volume in DeFi was $5.83 billion, accounting for 6.78 percent of the total 24-hour volume in the crypto market.


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According to US Fed Vice Chair, cryptocurrency needs to be regulated before it becomes widely used and threatens financial stability.
Lael Brainard, vice chair of the US Federal Reserve, has expressed concerns about the cryptocurrency markets and stated that it is crucial to lay the groundwork for sound regulation of the crypto financial system now, before the ecosystem grows so big or interconnected that it could endanger the stability of the larger financial systems.

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THIS CEO BELIEVES THAT ETHEREUM WILL BE THE FUTURE CRYPTOCURRENCY.
The cryptocurrency market has undergone massive transformations in the last few months. Weak global economic and financial conditions, exacerbated by higher inflation and interest rate hikes, have prompted investors to sell riskier assets such as stocks and cryptocurrencies.


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