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DigiToads (TOADS), Apecoin (APE), and Osmosis (OSMO): Most Optimistic Cryptos This Year

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Cronos Price Prediction 2022-2026-Will CRO Price Hit $0.8 by the end of 2022?

Cronos

CRO is the native token of the Cronos blockchain. It is used for staking activities on its cryptocurrency exchange Crypto.com. Before the launch of its blockchain, Cronos was an ERC-20 token launched on the Ethereum blockchain. Fees generated from transactions are used to reward the users who staked their CRO tokens at the end of the staking period. Stakers earn between 10% and 12% APY on their staked tokens. What is Cronos (CRO)? Cronos (CRO) was launched in the last quarter of 2018 as the cryptocurrency that will be used in Mobile payments on Crypto.com financial and cryptocurrency exchange. The Cronos chain is decentralized, open-sourced and allows the adoption of cryptocurrencies. Crypto.com exchanged was launched in June 2016 by Kris Marszalek, Rafael Melo, Gary Or, and Bobby Bao. The exchange is one of the foremost exchanges that permits buying of cryptocurrencies with fiat currencies. Cronos payment platform with Crypto.com rewards users with 20% cashback for paying fees with CRO and 10% for peer-to-peer tradings on the fees generated. Now, let’s see the price analysis of Cronos for the coming years. Price Analysis of Cronos (CRO) Flashback: Fundamental Analysis of Cronos (CRO) The Crypto.com token (CRO) was rebranded to Cronos (CRO) after the launch of its blockchain in 2021. This is important so that users can different activities within the Cronos blockchain from the activities with the Crypto.com exchange. This same rebranding was recently done by Binance exchange when it changed the name of Binance Coin (BNB) to Build and Build (BNB). Every good rebranding always gets good course for the token since the impacts will be seen soon on the price of Cronos (CRO). Also, there is an increase in the annual percentage yield (APY) on staking with CRO. The reward has been increased to up to 52% from the previous 10% to 12% APY. This will encourage long-term investors on the project to stake CRO, so as to receive more of it by the end of the duration. Now, let’s see charts on Cronos price analysis. https://www.tradingview.com/x/x4Z2Moiu/ From the chart above, the price of CRO is getting to a critical point, since the green curve called the lips on the William Alligator indicator is approaching the same level with the recent candlesticks formed. This can trigger a bullish reversal. https://www.tradingview.com/x/DH4Dhz5y/ The relative strength index of Cronos (CRO) is 42.04 from the chart above. This means that the present trend is neutral and a bearish or bullish movement is possible depending on who takes over the CRO market. https://www.tradingview.com/x/t9Hz1Dfq/ From the chart above that represents the Keltner Channel Indicator for the 1Day CRO/USDT-we can observe that the price of Cronos (CRO) is consolidating, though it is still within the first half of the channel from the bottom. Let’s see the price predictions of Cronos (CRO) for the next five years. Cronos (CRO) Price Prediction 2022 The present return on investment on CRO for the past one year is 100% at the time of writing. If this is repeated this year, the price of Cronos might reach $0.38, $0.48, $0.65, and $0.8 by the end of the first quarter, second quarter, third quarter, and fourth quarter respectively. Cronos (CRO) Price Prediction 2023 Cronos might reach $1.08, $1.48, $2.65 and $3 by the end of the first quarter, second quarter, third quarter, and fourth quarter of 2023 respectively. Cronos (CRO) Price Prediction 2024 Cronos might reach $3.2, $3.35, $3.5, and $4 by the end of the first quarter, second quarter, third quarter, and fourth quarter of 2024 respectively. Cronos (CRO) Price Prediction 2025 Cronos might reach $4.2, $5.35, $5.2, and $6 by the end of the first quarter, second quarter, third quarter, and fourth quarter of 2025 respectively. Cronos (CRO) Price Prediction 2026 Cronos might reach $6.4, 46.9, $7.5, and $8 by the end of the first quarter, second quarter, third quarter, and fourth quarter of 2026 respectively. Cronos (CRO) Price Prediction: Market Sentiments Cronos (CRO) price predictions according to well-known media platforms are explained below: Wallet Investors According to Wallet Investors, the price of CRO will be $1.02 by February 2023 and $3.44 by February 2027. PricePredictions According to PricePredictions, the price of CRO will be $0.56 in 2022, $0.82 in 2023, and $11 by 2030. Digital Coin Price According to Digital Coin Price, the price of CRO will be $0.57 in 2022 and $1.95 by 2030. Our Cronos (CRO) Price Prediction Due to the increase in the number of cryptocurrency users and the quick option that funding with fiat currencies offers, together with the high rewards on CRO APY for those who stake CRO, the price of Cronos (CRO) might reach $8 by 2026. Conclusion From the fundamental analysis, charts, and market sentiments around Cronos, we can deduce that the price of CRO will be bullish in the future which … Continued

The post Cronos Price Prediction 2022-2026-Will CRO Price Hit $0.8 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Nischal Shetty Appeals Indian Govt to Rethink Proposed Crypto Tax

Nischal Shetty crypto tax

Nischal Shetty, founder and CEO of the popular Indian crypto exchange WazirX, has appealed to the government to re-examine the proposed crypto tax law to build a favorable crypto ecosystem in the country. Does India’s Crypto Tax Need More Work? In a recent Twitter thread posted today, the CEO of WazirX, Nischal Shetty has appealed to the Indian government on implementing favorable laws for the next generation of crypto enthusiasts who are building and contributing to the upcoming blockchain and cryptocurrency ecosystem. Shetty believes that the proposed crypto tax should be at par with India’s highest population between the ages of 18-25 who are into crypto but not under the taxable income bracket. Concerning the TDS, Nischal feels that a 1% slab will make it virtually impossible for day traders, or high-frequency traders as investors could get their entire capital locked in it if they trade for only a few hundred times. Government has also extra work of refunding all such TDS as well, according to him. The WazirX Boss further pointed out the latest tax rules could even encourage “brain drain” as the lack of clarity makes it difficult for law enforcement as well as entrepreneurs to function effectively. Day 32 India needs to implement favourable laws for Crypto entrepreneurs & investors We risk losing #BUIDL talent & future gains from Crypto Issues: 1) 30% income tax irrespective of income slab2) 1% TDS on every trade 3) No clarity for crypto entrepreneurs#BuildForCrypto — Nischal (Shardeum) ⚡️ (@NischalShetty) March 5, 2022 30% Crypto Tax Bracket Highest in the Country Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a crypto tax proposal of 30% on gains made from crypto tradings from April 1. The proposal also includes a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133). Reportedly, the 30% crypto tax bracket is the highest in the country and nearly double the corporate tax rate of 16%. The announcement saw a mixed reaction from the Indian crypto community with some calling it a welcome step towards recognizing the unregulated crypto market, while others called it regressive.

The post Nischal Shetty Appeals Indian Govt to Rethink Proposed Crypto Tax appeared first on Cryptoknowmics-Crypto News and Media Platform.

Premier League Champions Collaborate With OKX Exchange

Premier League Champions Collaborate With OKX ExchangeManchester City strikes a deal with OKX exchange. This will make the crypto exchange enter into a sports-lead world. OKB ...

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Hillary Clinton Urges Crypto Exchanges To Block Russian Users

Hillary Clinton urges crypto exchanges to block Russian users and also even urged the Biden administration to put some more pressure on the exchanges that don’t want to cooperate as we can see further in today’s latest cryptocurrency news. Former presidential candidate Hillary Clinton urges the crypto exchanges to stop servicing Russian users but also […]

US Treasury Will Crack Down On Crypto Transactions For Russian Entities

The US Treasury will crack down on crypto transactions for all Russian entities and will also issue new rules to restrict financial transactions as sanctions against Russia so let’s read more in today’s latest cryptocurrency news. The US treasury will crackdown on the crypto transactions made with prohibited Russian entities. The rules dubbed the Russian […]

BTC’s Trading Volumes In Russia And Ukraine Surge: Analysis

BTC’s trading volume in Russia and Ukraine is surging as the ruble reaches historic low levels so let’s take a closer look at today’s bitcoin news. BTC’s trading volumes in Russia and Ukraine surge to a new high which is possibly the highest level in almost a year. At the same time, those that employ […]

Bitcoin (BTC) regains crucial support despite intensified military confrontations in Ukraine

After falling sharply in today’s session, Bitcoin (BTC) has for now regained a crucial…

The post Bitcoin (BTC) regains crucial support despite intensified military confrontations in Ukraine appeared first on Coin Journal.

Trade and invest smoothly: An interview with Fairdesk CEO Jacky Choi

Fairdesk is a crypto and derivatives exchange that aims to build a platform that would enable its users and traders to go both long and short thereby profiting from the ups and downs of the market. Users can execute critical investing, trading, and risk decisions through high-quality crypto derivatives exchanges. The platform relies on the […]

What is Shield? (SLD)

Brokerage services have gone through important evolutions that have provided customers with more innovations and security. But even with this progress, transparency problems remain a significant threat in the industry, which can potentially put investors’ funds and lucrative opportunities at risk. This is where Shield is trying to make a difference. As a solution, a decentralized […]

The post What is Shield? (SLD) appeared first on Asia Crypto Today.

Solidity for Beginners: A Guide to Getting Started

Solidity is a pristine programming language formulated explicitly for developing smart contracts for the Ethereum blockchain.  The newly developed language has gained a significant role under Ethereum’s contracts framework that is of great importance in blockchain technology; in fact, you will be required to learn the language in order to code Ethereum Dapps (Decentralized Applications). … Read More

The post Solidity for Beginners: A Guide to Getting Started first appeared on Blockchain Consultants.

Bitwells Boosts Your ROI in High Volatility

Bitcoin dropped nearly 35% in May, marking one of its biggest monthly drops recorded. Over the past two weeks, owing to the twin consequences of environmental concerns and tighter regulations, we’ve seen a lot of roller-coaster price changes across the crypto market. Starting from May 12 (UTC), the Bitcoin market crash led by Elon Musk […]

Goldman Sachs To Start Trading Ethereum Options And Futures

Goldman Sachs has recently announced that it plans to start trading Ethereum options and futures, according to a report by Bloomberg. The company had gone on a three-year hiatus from cryptocurrency. Only recently relaunching its cryptocurrency trading platform due to growing interest from its investors. Back in May, a report by Coindesk revealed that the […]

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