Crypto Price Correction Phase, and some crypto news
here are some crypto news.
Azerbaijan to Tax Crypto Incomes and Profits
Gains from cryptocurrency transactions will be taxed in Azerbaijan, according to a high-ranking official from the Tax Ministry. Authorities in the energy-rich nation intend to tap into both corporate profits and personal incomes. The country has previously taken a conservative stance on cryptocurrencies but the focus on taxation now signals a change in Baku.
Bitcoin looks set to test $10,000 level this weekend
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Bitcoin closed on Thursday at $9,759 on Bitfinex, the highest daily close since March 7. This may signal a break out from the narrow range that bitcoin has been trading for almost a week now.
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