2021-11-28 06:55:37

Retail Giant Newegg confirms Shiba Inu payment option

Retail Giant Newegg confirms the Shiba Inu payment option as the popularity of the meme coins continues to rise. AMC theatres have also announced recently that they plan to accept the coin as a payment method. And following their footstep, Newegg also plans to add it. They already accept cryptocurrencies as a payment method by partnering with Bitpay and will also add SHIB soon. This can help in more adoption and price increase of the meme coin.

Newegg adding SHIB support

Newegg is a tech-focused retail giant, which makes it obvious why they are exploring new technologies. Their audience is bound to be tech-focused and can make use of these new payment options. They are currently present in North America, Europe, Asia Pacific, Latin America, and the Middle East. The primary focus is on PC parts, laptops, office supplies, gaming systems, and automotive parts.

As of now, they are already accepting popular currencies like Bitcoin, Litcoin, and even Dogecoin. So, it is good for Shiba Inu to have their presence on the platform. The idea of adding such payment options is beneficial for both the company and the token. Newegg gets free publicity and the attention of the SHIB community because of the same, and more people hear about the token as well.

SHIB is seeing adoption

Shiba Inu’s latest price increase has brought the meme token to the limelight. It is not that people didn’t know about it, but the kind of attraction it is seeing right now is unmatched. The latest price jump, volume, and demand have made many exchanges list it on their platform. One good example of this is Gemini. And then we have the change.org petition that received over 500k signatures just for getting SHIB listed on Robinhood.

AMC theatres have also announced that they are going to be the first company to accept it as payment in the next 2-4 months. And now more companies are following on the same footstep as everyone wants to take full advantage of the hype.


What are your thoughts as Retail Giant Newegg confirms the Shiba Inu payment option? And do you think this is a good way to get free publicity on media? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: Adidas partners with Coinbase and calls the metaverse ‘exciting.’


2021-11-26 19:04:20

US shares run red on Black Friday

The major US gauges bottomed out on Black Friday as a new Covid-19 variant in South Africa sent the annual shopping day into a sell-off for traders.

The Dow Jones Industrial Average plummeted around 905 points, or 2.5%, to post its worst day of the year, while the S&P 500 went down 2.3% and the Nasdaq Composite was right behind with a 2.2% dip during session trading.

At its session low, the Blue-Chip Dow lost over 1,000 points.

New Covid-19 scare spurs Black Friday sell-off

On 25 November, the National Institute for Communicable Diseases (NICD) in South Africa announced the detection of a new variant of the SARS-COV-2, the virus that is responsible for the pandemic, following genomic sequencing.

The variant is currently labelled as lineage B.1.1.529.

The emergence of this new variant coincides with a sudden increase in cases in the Gauteng province over recent days and accordingly is being closely monitored by the health authorities in South Africa, according to the release.

Winners and losers: Covid-19 vax shares spike higher, travel shares nosedive

As most US shares began freefalls on Friday, healthcare stock related to the Covid-19 virus went higher.

Shares for Pfizer jumped 5% and shares for Moderna went up 27%.

Travel stocks are being hit hardest during Friday trading as shares for Carnival and Royal Caribbean are both down over 10%.

Shares for United Airlines are down 13% after being down just 9% halfway through the shortened session, while shares for American Airlines fell 12.5%.

In other travel stocks, shares for Carnival Corp. sank 13.5% while shares for Royal Caribbean went down 11.9%

Oil: Crude is down amid new travel concerns

On Friday, January Brent crude fell $8.50, or 10.3%, to $73.72 a barrel on ICE Futures Europe, while the US benchmark, West Texas Intermediate crude, sank more than 11%.

In other energy stocks, natural-gas futures rose 2.5% at $5.241 per million British thermal units, while December gasoline dropped 11.6% to $2.0497 a gallon, and December heating oil slipped 11.5% to $2.1066 a gallon.

On Friday, December gold futures went up $13.10 to $1,797.40 an ounce.

Crypto: Digital assets stay down

Despite a few positive trading sessions last week, digital assets have remained mostly in decline over the last month.

Bitcoin is 7.32% lower, Ethereum is 7.89% lower, while Litcoin is 11.62% in the red and Monero is 10.93% down.

On Friday, one US dollar equals 0.89 of the euro, and 0.75 of pound sterling, while the Canadian dollar equalled 0.78 of the US dollar.

The yield on the benchmark US 10-year Treasury note dropped 12 points to 1.52%. Earlier in the week, yields peaked at 1.68%.

Read more: Analyst: Sell-off marks tech stock buying opportunity

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The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.

Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.


2021-11-26 17:04:05

Black Friday mired by new Covid-19 strain

US shares continue to plummet on Black Friday amid rising concerns over a new, fast-spreading Covid-19 variant outbreak in South Africa.

By 11 am EDT (UTC-5), the Dow Jones Industrial Average was down over 900 points, or over 2.5%, after starting the day 800 points lower. The S&P 500 is now off nearly 100 points or 2.7%, after starting the session down 1.4%.

The Nasdaq Composite sits more than 300 points lower, or 2.01%, after being down just 1.2% at the starting gun. 

New Covid-19 scare spurs Black Friday sell-off

On 25 November, the National Institute for Communicable Diseases (NICD) in South Africa announced the detection of a new variant of the SARS-COV-2, the virus that is responsible for the pandemic, following genomic sequencing.

The variant is currently labelled as lineage B.1.1.529.

The emergence of this new variant coincides with a sudden increase in cases in the Gauteng province over recent days and accordingly is being closely monitored by the health authorities in South Africa, according to the release.

Winners and losers: Airline stocks drop, Covid-19 vax shares spike

Travel stocks are being hit hardest during Friday trading as shares for Carnival and Royal Caribbean are both down over 10%.

Shares for United Airlines nosedived 9%, while shares for Delta Airlines and American Airlines had plummeted over 7%.

In other stocks, shares for Boeing dipped 6% and shares for Marriott International are down over 7%.

Shares for Caterpillar are down 3.7%, while shares for Chevron are 3.2% lower.

In health care, shares for Pfizer are up 5% and shares for Moderna are 16% higher.

Oil: Crude plummets amid new travel concerns

Oil prices are falling on Friday, with US crude futures sinking 6.2% to $73.57 per barrel.

January Brent crude, the global benchmark, dropped $3.69, or 4.5%, to $77.25 a barrel on ICE Futures Europe.

Natural gas futures rose, with the January contract, going up 3.7% at $5.304 per million British thermal units, while December gasoline sank 5.6% to $2.14 a gallon, and December heating oil dropped 5.7% to $2.2471 a gallon.

Gold: Futures rise slightly on Friday 

Gold futures for December delivery are up 1.1% to trade at $1,802.30 an ounce.

Crypto: Up and down month continues

Despite a few positive trading sessions last week, digital assets have remained mostly in decline over the last month.

Bitcoin is 7.32% lower, Ethereum is 9.33% lower, while Litcoin is 11.2% in the red and Monero is 10.07% down.

Forex: US dollar outperforms Canadian dollar, lags euro and pound 

On Friday, one US dollar equals 0.89 of the euro, and 0.75 of pound sterling, while the Canadian dollar equalled 0.78 of the US dollar. 

The 10-year Treasury note sank by 10 basis points to near 1.54%, versus 1.644% on Wednesday, while the ICE US Dollar Index, a measure of the currency against a basket of six major rivals, was down 0.5%.

With the new Covid-19 variant in play, the South African rand faded 1.7% against the greenback to 16.231 per dollar.

Read more: Semiconductor stocks to watch as supply chain disruptions abate

Ready to get started?

Capital.com Download

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.

Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.


2021-11-25 20:41:05

Cryptocurrencies: government should formulate suitable regulatory policies

Instead of planning a ban, the government should take critical steps to formulate suitable regulatory policies



Siddhartha Sankar Saha

  |  



Published 26.11.21, 02:11 AM


In a barter economy, someone requiring meat needed to locate a person who not only wanted some object for intake but also had surplus meat. Such challenges were done away with when money became the universally accepted medium of exchange. However, since 2009 a brand new set of virtual currencies, referred to as cryptocurrencies, has seen prolific growth.

Cryptocurrency refers to binary data, in which coin possession information is saved on a computerized database with sturdy encryption so as to secure transaction information, control the introduction of extra coins, and validate the switch of coin possession. Cryptocurrency does not exist physically and is not always issued with the approval of financial institutions. It uses decentralized control, unlike a central bank digital currency.  

The first decentralized cryptocurrency, Bitcoin, was developed by the presumed pseudonymous person, Satoshi Nakamoto, in 2009 by using SHA-256 — a cryptographic hash function — in its proof-of-work scheme. Another digital forex, Namecoin, emerged in April 2011; followed by Litecoin in October 2011 and Peercoin as well. The cryptocurrency marketplace’s cap was above $2 trillion in August 2021. There are some 21 million Bitcoins that can be mined and 18.77 million Bitcoins have already been mined as of August 2021. Numerous organizations across the world, such as Wikipedia, Microsoft, ATT, Burger King, KFC, Twitch, Pizza Hut, Norwegian Air, Alza, Travala, MIT Coop Store, Famsa and so on, have agreed to accept Bitcoin as a valid currency.

Dark future

As far as the legality of cryptocurrencies is concerned, there is a significant deviation globally. While many nations see the use of Bitcoin as lawful, regulatory implications differ from nation to nation. Bitcoin was categorized by the treasury of the United States of America as a convertible, decentralized digital currency in 2013 and the Commodity Futures Trading Commission declared Bitcoin a commodity in 2015. As of 2017, authorities in the United Kingdom said that Bitcoin would be treated as overseas currency for most purposes. In early 2018, the Reserve Bank of India banned the sale or purchase of cryptocurrency for entities regulated by the RBI. In 2020, the Supreme Court revoked the RBI ban on cryptocurrency trade. In September 2021, China issued a blanket ban on all cryptocurrency transactions and mining. Cryptocurrencies are lawful in Russia, but it is unlawful to buy things with currency other than the Russian ruble. In the bill on digital financial assets, Bitcoins are categorized as belongings and are not considered legal tender.

Countries all over the world are dealing with demanding situations when it comes to accepting and regulating cryptocurrencies because of money laundering and extortion that are made effortless with the use of such currencies given that they do not leave behind any hint of the source of the financial transactions. Several activities like drugs, human trafficking, buying weapons, and so on are probably being carried out with the aid of cryptocurrencies.

The Indian Parliament allegedly hopes to table a bill in the upcoming winter session that will ban cryptocurrencies. While it is true that cryptocurrencies are actually out of the control of regulatory authorities, making it perfect for criminals to access painlessly, they are also gaining ground at a remarkable pace as many people are showing an interest in investing in digital currency like Bitcoin, Ethereum, Litcoin and so on. The government should thus take critical steps to formulate suitable policies to regulate cryptocurrencies and activities undertaken with them effectively instead of planning a blanket ban.


2021-11-23 18:22:15

US gauges down as Biden releases oil reserves

The major US indices are down across the board in early trading on Tuesday as President Joe Biden announced the release of oil reserves.

By mid-day, the Dow Jones Industrial Average was wobbling between losses of 0.05% and gains of 0.10%.

The S&P 500 was 0.28% lower, while the tech-heavy Nasdaq Composite had fallen 0.98%.

At the close of Monday’s session, the Dow Jones Industrial Average rose 17 points, or 0.1%, the S&P 500 fell 3% lower, while the Nasdaq Composite dipped 1.3% lower after starting the day higher.

Biden releases strategic oil reserves

Today, President Biden announced the Department of Energy would make 50 million barrels of oil from the Strategic Petroleum Reserve available, to lower gas prices for Americans and address the mismatch between demand exiting the pandemic and supply.

According to the White House, 32 million barrels will be an exchange over the next several months, releasing oil that will eventually return to the Strategic Petroleum Reserve in the years ahead.

“The exchange is a tool matched to today’s specific economic environment, where markets expect future oil prices to be lower than they are today and helps provide relief to Americans immediately and bridge to that period of expected lower oil prices,” according to the press release.

The Biden administration hopes the exchange provide relief for Americans while bridging the time gap between expected lower oil prices.

Winners and losers: Tech stocks drop, pull Nasdaq lower 

Shares for Dollar Tree are 6.24% better intraday following the retailer’s topping expectations on sales.

Shares for Zoom Video Communications sank 15% after the company reported sluggish sales, while shares for Best Buy dropped 15% following its dip in sales growth.

In other tech stocks, shares for Facebook-parent Meta fell more than 2%, shares for Twitter sank over 2%, while shares for Netflix plummeted 1.8% and shares for Roku were cut 3%.

Shares for Best Buy went down 16% following the retailer’s report showing a weak forecast for holiday sales.

Oil: Crude prices spike amid release of reserves

Oil futures are trading higher across all markets following US President Biden’s decision to release strategic oil reserves designed to provide relief for Americans.

West Texas Intermediate crude, the US benchmark, was up 2% at $78.27 a barrel, while Brent crude, the global benchmark, rose 2.6% to $81.80 a barrel.

On Friday, crude futures had fallen to a seven-week low.

Gold: Futures on track for fourth day of losses

Gold futures are down on Tuesday, threatening to extend their losing skid to four days as the precious metal has now dropped to the lowest value in about two weeks.

On Tuesday, December gold traded for $19.60, or 1.1%, lower at $1,786.70 an ounce, extending its move toward its lowest point in two weeks.

During yesterday’s trading, gold fell 2.4% to post its sharpest percentage drop since 6 August.

Crypto: Digital assets’ up-down month continues

Cryptocurrencies have mostly traded in declines over the last 10 days but are rebounding on Tuesday as gold prices plummet and the US dollar improves.

In early trading, Bitcoin is up 2.03%, Ethereum is 6.15% better, while Litcoin is 2.22% in the green and Monero is up 0.70%.

Forex: US dollar stronger, still lags other currency

The yield on the two-year note climbed to 0.622%, from 0.580% on Monday, while the yield on the benchmark 10-year bond rose to 1.653%, from 1.625% Monday.

In early trading on Tuesday, the dollar strengthened, with the WSJ Dollar Index rising to the highest level since July 2020.

On Tuesday, one US dollar equalled 0.89 of the euro, 0.75 of the pound sterling, 0.93 of the Swiss franc and 1.27 of the Canadian dollar.

Read more: Retailers fear Black Friday sales won’t deliver this year

Ready to get started?

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The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.

Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.


2021-11-22 18:12:08

Dow soars after Biden picks Powell for Fed chair

US shares are mixed in early trading on Monday as the Blue-chip Dow surged more than 200 points and President Joe Biden selected Jerome Powell for another term as chair of the Federal Reserve.

By mid-day, the Dow Jones Industrial Average was up 252 points, or 0.7%, the S&P 500 was up 0.3% to a new intraday record, while the Nasdaq Composite was 0.6% lower, despite a higher start to the session.

On Friday, the Dow dipped 268 points to close at 35,601.

Biden picks Powell for another term 

In a statement issued by the White House today, President Biden nominated Jerome Powell for a second term as chair of the Board of Governors of the Federal Reserve System and nominated Dr. Lael Brainard to serve as vice chair.

According to the White House, Powell has provided steady leadership during an unprecedently challenging period, including the biggest economic downturn in modern history and attacks on the independence of the Federal Reserve.

Winners and losers: Rivian and Ford back out of deal

Shares for Adobe jumped 1.2% after being upgraded to Overweight from Neutral by Atlantic Equities.

Shares for Tesla are up 5% following an Elon Musk tweet stating the Model S Plaid might come to China ‘around March.’

Shares for Astra Space took off 32% after the space transportation company successfully completed its first commercial orbital launch for the US Space Force.

Shares for Rivian Automotive are 14% lower after the firm and Ford Motor pulled away from an electric vehicle deal last week.

Shares for Ericsson sank 6.1% after the Finnish telecom group announced it had agreed to buy Vonage, a US provider of cloud-based communications for $6.2bn. Shares for Vonage are up 25%.

Oil: Crude rebounds after early slump

After beginning the session in decline, oil prices are rebounding halfway through the session.

West Texas Intermediate crude for January delivery is up 0.91% on the New York Mercantile Exchange, while January Brent crude, the global benchmark, is 0.85% higher.

Both benchmarks fell sharply last week, logging a fourth straight week of declines to end at a low of seven weeks.

Gold: Losing skid extended

On Monday, gold futures dropped lower for a third straight session.

December gold was trading down $9.10, or 0.5%, pushing the precious metal near the lowest level since 10 November.

Crypto: Digital assets fall again

Following a series of losing sessions last week, crypto rebounded across the board late last week.

On Monday, the digital assets are lower again with Bitcoin 3.55% lower, Ethereum 4.01% lower, while Litcoin is 6.04% in the red and Monero is 6.30% down.

Forex: US dollar outpaces Canadian

The yield on the 10-year Treasury note is up six basis points to 1.594%, while the ICE US Dollar Index, a measure of the currency against a basket of six major rivals, was up 0.3%.

On Monday, one US dollar equals 0.89 of the euro, 0.75 to pound sterling, and 1.27 of the Canadian dollar.

Read More: Jerome Powell to Lead US Fed for second term

Ready to get started?

Capital.com Download

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.

Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.


2021-11-22 13:19:00

India may go for stricter Crypto regulation rather than an outright ban

In India, there are immense uncertainties over Crypto trading as Government/Parliamentary Standing Committee (PSC) and Central Bank (RBI) are divided over Crypto regulation and an outright ban. RBI Governor Das is for an outright ban considering potential money laundering, frauds and various criminal activities through the Crypto route. Das had recently stated that the RBI had major concerns around cryptocurrencies, which, over time, have been conveyed to the government.

RBI Governor Das said: “I would like to reiterate that the number of accounts is exaggerated in the sense that about 70%-80% of accounts being cited are small accounts of Rs 1,000-2,000 and even Rs 500. So, anecdotally, and we have a lot of feedback, that while credit and incentives are being provided for account opening, the amount in these ranges between Rs 500-2,000– the value of trading in cryptocurrencies had gone up but when the central bank says we have serious concerns from the macro-economic and financial stability point of view, then there are serious issues involved–I have yet to see serious, well-informed discussions in public space. At this time, the RBI, as a central bank, which is entrusted with the task of maintaining financial stability, after due internal discussion, says there are serious concerns, then there are deeper issues needing much deeper discussions”.

The PSC is for stricter regulation instead of an outright ban because of the appeal of innovation and the fact that millions of Indians are already trading/holding such Cryptos like Bitcoin (BTCUSD). The Indian PM Modi also called for a common regulation for Cryptos among Democracies, so that ‘youths’ can’t fall under some Crypto frauds: “Take cryptocurrencies, such as Bitcoin, for example. It is important that all democratic nations work together on this and ensure it does not end up in the wrong hands, which can spoil our youth.”

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As per reports, the Indian Government may only allow preapproved Cryptos for holding/trading purposes and not for any real-life transactions. The Indian Government may introduce a Crypto regulation bill in the forthcoming winter session (29th Nov-23rd Dec’21) of the Parliament and may eventually approve the same with some modifications in existing Income Tax laws in the Budget session (Feb-Apr’22) of the Parliament. Any trading/investment profit out of Cryptos may be heavily taxed. The forthcoming FY23 budget by the Indian FM Sitharaman may be very important for all the Crypto regulations. And most probably, Indian capital market regulator SEBI would be the official regulator of Crypto rather than RBI as it’s not any type of currency or legal/illegal tender (medium of exchange). Crypto will fall under intangible assets and may be treated in line with digital commodities.

Overall, India may take a middle path on Cryptos unlike a ban as in China, considering the innovation/technology with the high potential of Government revenue from heavy capital gain and GST on brokerages; i.e. both direct and indirect taxes.

The Indian Revenue Secretary Bajaj recently said:

“—in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also, the law is very clear that the rate would be applicable like those in the case of other services. We will take a call. I understand that people are already paying taxes on it. Now that it has really grown a lot, we will see whether we can actually bring in some changes in the law or not. But that would be a Budget activity. We are already nearing the Budget; we have to look into it at that point in time. If we come up with a new law, then we will see what is to be done (about tax collected at source). But yes, if you make money you have to pay taxes. We have already got some taxes. Some have treated it as an asset and paid capital gains tax on it.

There would already be such things available in other services also. So, whatever GST rate they are taxed at, will be applicable to them. They have to get themselves registered. The GST law is very clear. If there is an activity, if there is a broker who is helping people and charging a brokerage fee, GST would get charged.”

Bottom line:

The Indian Supreme Court already set aside RBI’s previous circular, prohibiting Crypto transactions. Now Indian Government will regularize well-known/popular Cryptos such as Bitcoin(BTCUSD), Ethereum (ETHUSD), and Litcoin (LTCUSD).


2021-11-10 08:08:00

Litcoin Update: Rounding Bottom Complete

seems to have concluded a multi-month rounding bottom formation.

LTC/USD 5-Hr Chart

LTC/USD 5-Hr Chart

Original Post

Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific investment objectives, financial situation, or particular needs of any viewer. I bear no responsibility for any actions taken or not taken by third parties after reading the blog! You are advised to consult with a qualified professional before making any investment decisions. I may have an interest and may make purchases or sales in the securities referred to in the blog. Please ask for my consent before re-publishing blog content.


2021-11-10 13:46:03

Is South Side on Netflix, Hulu, Prime, or HBO Max? Where to Watch it Online?

Set in Chicago’s Englewood neighborhood, ‘South Side’ is a comedy show that centers upon two community college graduates and petty hustlers who go to desperate lengths to achieve their entrepreneurial dreams. Unbeknownst to the hilarious flaws in their plans and with no clear idea to execute, the duo often comes up with petty schemes hoping they will eventually help them in upward mobility.

Starring Sultan Salahuddin, Kareme Young, Chandra Russell, Bashir Salahuddin, Lil Rel Howery, the show first premiered on July 24, 2019, and is now in its second season. Curious to know more about the show, including where you can watch it? Well, here’s everything you need to know about the streaming details of ‘South Side!’

What is South Side About?

After graduating from community college, Simon and Kareme are looking for opportunities to achieve their ambitious entrepreneurial dreams. Unfortunately, they are stuck in dead-end jobs at Rent-T-Own, a retail-rental crossroads in Chicago’s working-class neighborhood of Englewood. Despite the hurdles in their path, the iconic duo is reluctant to give up on their dreams and go to desperate lengths for upward social mobility. However, their hilarious and weak schemes like street-corner popcorn and black market Viagara do not necessarily prove to be the right entrepreneurial idea to help them achieve what they want.

As the story unfolds, Simon and Kareme come with different innovative and investment ideas without knowing that almost all of them have obvious flaws. The second installment features similar drama revolving around Simon and Kareme’s ideas and their investment in the cryptocurrency, Litcoin. The comedic misadventures of the dynamic duo from Chicago’s South Side get more entertaining with each episode. In case you’re planning to watch the show, here’s all the streaming information you may need!

Is South Side on Netflix?

Netflix subscribers will have to look for the show on other platforms since it is currently not available on the streaming giant. We recommend our readers watch other comedy shows like ‘Unbreakable Kimmy Schmidt,’ ‘Lovesick,’ or ‘Santa Clarita Diet.

Is South Side on Hulu?

Hulu’s basic subscription does not include the Sultan Salahuddin-starrer TV show. However, if one gets an HBO Max add-on, they can get access to the exclusive content of the streamer, including ‘South Side.’ You can learn more about it here!

Is South Side on Amazon Prime?

No, ‘South Side’ is not part of Amazon Prime’s current offering. Nevertheless, one can head here to rent or purchase the first season of the comedy show.

Is South Side on HBO Max?

‘South Side’ moved to HBO Max for the second season and is now categorized as an original series by the streamer. Therefore, it is exclusively available on the platform, so subscribers can watch all the episodes here.

Where to Watch South Side Online?

Since ‘South Side’ is now an HBO Max Original series, the show is not accessible on any other platform. However, you can rent/purchase previous installments on Microsoft Store, Google Play, Vudu, iTunes, and YouTube. The first season is also accessible on Comedy Central.

How to Stream South Side for Free?

Since HBO Max no longer offers a free trial, cord-cutters may feel that they can’t watch the show free of charge. However, you would be delighted to know that Hulu’s HBO Max add-on comes with a 7-day free trial. Furthermore, we encourage our readers to always pay for the content they wish to consume online.

Read More: Best Comedy Shows on Netflix


2021-11-09 14:18:00

Bitcoin and ether scale new highs in crypto rally, propelling Cardano, Litecoin – Seeking Alpha

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