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South Africa’s Tax Agency Adds Crypto to Compliance Programs

13.10.2024
The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue collector urged taxpayers concerned about...

How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1

13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners...

Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to Choose

13.10.2024
Elizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that...

Bitcoin ETFs Climb With $253M Inflows as Ethereum Funds Show Weakness

12.10.2024
On Friday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) shook things up, recording net inflows of $253.54 million. Meanwhile, the nine spot ethereum ETFs had a rougher day, with modest outflows totaling around $97,110. Friday’s Crypto ETF Action The spot bitcoin ETFs saw gains...

Analysts Consider These 2 Chains Might Become Ethereum Killers

12.10.2024
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to...

Bitcoin Price Predictions for End of 2024 and the Forecasted Outlook for 2025

12.10.2024
Over the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there’s still plenty of optimism that ‘Uptober’ will live up to its reputation. After all, October has historically...

SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner

12.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led...

Russian Finance Minister: Western Policies Hurt the US Dollar

11.10.2024
Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will develop a solution using digital financial assets...

Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million

11.10.2024
Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet:...

Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations

11.10.2024
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of...

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