Market
HTC's Metaverse Phone to Include Crypto, NFT Wallet - Top Crypto Updates
HTC has launched its first "Viverse" phone, the Desire 22 Pro, which is compatible with its metaverse platform and includes crypto and NFT wallet features. Meanwhile, Bitcoin, Ethereum, Solana, Cardano, and Avalanche all saw price declines.
On this page
Key takeaways
- HTC's new Desire 22 Pro phone is compatible with its Viverse metaverse platform and comes preloaded with apps for managing crypto and NFTs.
- Bitcoin is trading at $20,006.77, a decline of 4.3% over the previous day, while Ethereum is down 6.95% to $1,124.17.
- Anchorage Digital has launched an Ethereum staking service for institutions, allowing them to earn rewards and store crypto in cold storage.
- The Ronin sidechain bridge for Axie Infinity is back online after a $622 million exploit in late March.
- A 1% TDS on the transfer of virtual digital assets worth more than Rs 10,000 will be levied from July 1.
HTC's metaverse phone to include crypto, NFT wallet
Smartphone manufacturer HTC has launched its first "Viverse" phone that is compatible with its metaverse platform. The HTC Desire 22 Pro comes preloaded with apps that allow users to access and manage their metaverse content, including crypto and NFTs. HTC's Viverse app also lets users buy NFTs in a digital marketplace and create their own virtual space.
Crypto prices today: Bitcoin falls 4.3%, ETH down 7%
Bitcoin is currently trading at $20,006.77, a decline of 4.3% over the previous day. Ethereum is down 6.95% over the last 24 hours to $1,124.17. Solana fell 9.6% to $34.89, while Cardano is trading lower by 4.8% at $0.465. Avalanche (AVAX) is down 8.45% to $18. The global crypto market cap stands at $895.58 billion, a 4.75% decline over the previous day.
Anchorage Digital announces Ethereum staking for institutions
Crypto storage firm Anchorage Digital announced the launch of an Ethereum staking service for institutions. Users will be able to earn rewards linked to the second-biggest digital asset by market cap. Anchorage Digital will keep funds safe for institutions (banks, venture capital firms, and even governments) by holding their crypto in cold storage.
Axie Infinity’s ETH bridge back online after $622M hack
The bridge that connects the non-fungible token (NFT) game Axie Infinity’s Ronin sidechain to the Ethereum mainnet is back online. It was taken down in late March after $622 million worth of crypto assets were stolen through an exploit. Users can now make deposits and withdrawals from the Ronin network.
1% TDS on transfer of crypto, NFTs to be levied from July 1
A 1% tax deducted at source (TDS) on the transfer of virtual digital assets (crypto, NFTs) worth more than Rs 10,000 will come into force from July 1. In a peer-to-peer (P2P) transaction, the buyer is required to deduct tax under the given section. When a transfer is made through an exchange/broker, TDS may be deducted only by the exchange which is crediting or making payment to the seller.
Read more here.
Frequently asked questions
What is HTC's new metaverse phone called?
HTC's new metaverse phone is called the HTC Desire 22 Pro.
What features does the HTC Desire 22 Pro include?
The HTC Desire 22 Pro comes preloaded with apps that allow users to access and manage their metaverse content, including crypto and NFTs, and lets users buy NFTs and create their own virtual space.
What is the current price of Bitcoin?
Bitcoin is currently trading at $20,006.77.
When will the 1% TDS on crypto and NFT transfers come into force?
A 1% TDS on the transfer of virtual digital assets (crypto, NFTs) worth more than Rs 10,000 will come into force from July 1.
Written by
Cherian VargheseRelated reads
Risky Day for NIFTY. High Speculation in Options! - Pre-Market Analysis Report
NIFTY closed at 25,052 yesterday. Today's market expects a flat to gap-down opening with high speculation in NIFTY options. Get key support and resistance levels.
Global Markets Calm. FOMC Meeting Minutes Tonight! - Pre-Market Analysis Report
NIFTY closed up 0.13% yesterday; global markets are green. Today's flat opening expected. Key NIFTY/BANKNIFTY levels and FOMC minutes await.
NIFTY and BANKNIFTY Expiry Today! Will Bears Attack? - Pre-Market Analysis Report
Get the pre-market analysis report for NIFTY and BANKNIFTY expiry today, including key support/resistance levels and market expectations.
Join 2.4M+ Indians · Free · 2 min