Crypto News Today: Robert Kiyosaki Predicts Crypto Downturn

Crypto News Today: Robert Kiyosaki, Crypto TAX India, Uniswap v4

Tax On Cryptocurrency In India: What About 30% Tax

The Indian Union Budget 2025 maintains existing crypto tax policies, including a 30% capital gains tax and 1% TDS on virtual digital assets (VDAs). New measures define crypto holdings as undisclosed income, with assets found during tax searches treated as hidden income starting February 2025. Businesses will be required to report crypto transactions by April 2026, with a 30-day window for corrections. Despite these updates, the budget offers no major reforms to stimulate growth in the crypto sector, continuing India's efforts to regulate cryptocurrencies.

How Grayscale Dogecoin Trust Will Affect DOGE Price and Market Trends

Grayscale Investments has introduced the Grayscale Dogecoin Trust, offering accredited investors a regulated avenue to invest in Dogecoin (DOGE) without the need to hold the asset directly. The trust mirrors DOGE’s price movements and charges a 2.50% management fee, currently managing $196,326.37 in assets. Despite a slight dip in Dogecoin's price, its trading volume has increased by 36.17%, indicating a rise in investor interest. This launch highlights the growing demand for regulated cryptocurrency investment options and suggests a potential shift towards wider institutional acceptance of meme coins like Dogecoin, following the success seen with Bitcoin and Ethereum ETFs.

Uniswap v4 Goes Live on Multiple Platforms

Uniswap has introduced V4, an enhanced version of its decentralized exchange featuring new elements like hooks for tailored liquidity pools and dynamic fees, accessible on platforms such as Ethereum and Polygon. This update enhances liquidity management, lowers transaction costs, and prioritizes security through thorough audits and a bug bounty program. Uniswap V4 also provides Layer 2 scalability and support for custom pools, making it more flexible compared to V3. However, despite these improvements, the UNI token has seen a decline, currently trading at $11.70, reflecting a 1.12% drop over the past 24 hours.

21Shares Files for Spot Polkadot ETF

21Shares has filed for a Polkadot ETF in the US, aiming to list the 21Shares Polkadot Trust on the Cboe BZX exchange. This move follows a similar product launched in Switzerland in 2021. While the ETF could drive institutional investment in DOT, market acceptance remains uncertain. The announcement caused DOT's price to spike by 5.21% to $6.36, but community reactions were mostly negative, with comparisons to other crypto ETFs. Polkadot's price predictions for 2025 range from $15 to $20, with potential for growth if adoption increases.

Robert Kiyosaki Predicts Bitcoin Price Crash Amid Tariffs

Robert Kiyosaki predicts a Bitcoin crash amid Trump’s tariffs, seeing it as an opportunity to buy at lower prices. Arthur Hayes expects Bitcoin to drop to $70,000 before a bull run to $250,000. Glassnode indicates a key support at $98,000, and a drop below this could lead to further declines. Despite market volatility, Bitcoin remains resilient, trading above $100K as tariffs and U.S. jobs data loom.