Sunday Jul 21, 2024
Former Crypto Exec Pleads Guilty to Theft, India’s Crypto Tax Reform, ETH ETF Impact, and Bitcoin’s Election Bet
A former cryptocurrency executive pleads guilty to stealing millions. India's crypto industry awaits tax reform. The launch of spot ethereum ETFs could impact the broader crypto market. Bitcoin option traders bet on a price breakout ahead of the US elections. Stay informed with Simply Crypto's analysis of these key stories.
Sources:
https://www.fox61.com/article/news/crime/former-cryptocurrency-executive-from-westport-pleads-guilty-to-stealing-4-plus-million/520-b6ff4b1d-6737-46dc-8a69-b866dbf4179a
https://economictimes.indiatimes.com/markets/cryptocurrency/budget-2024-will-india-see-a-reduction-in-tds-and-other-taxes-that-currently-exist-in-crypto/articleshow/111899067.cms
https://seekingalpha.com/news/4125886-how-spot-ether-etf-launch-will-impact-broader-crypto-market
https://www.tradingview.com/news/newsbtc:028bbbce1094b:0-bitcoin-option-traders-are-betting-on-a-price-breakout-ahead-of-us-elections-qcp-capital/
Outline:
(00:00:00) Introduction
(00:00:45) Former cryptocurrency exec from Westport pleads guilty to stealing $4.46 million
(00:02:36) Budget 2024: Will India see a reduction in TDS and other taxes that currently exist in crypto?
(00:06:04) How spot ether ETF launch may impact the broader crypto market (Cryptocurrency:ETH-USD)
(00:09:15) Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital