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Indian Government Misses on $420 Million in Crypto Taxes as 90% Trade Volume Shifts Offshore: Report
9.11.2023
Source: Pexels The imposition of a one percent tax-deducted-at-source (TDS) on the trading of cryptocurrencies in India has led to a massive shift of millions of users to offshore crypto exchanges, according to a recent report published by the Esya Centre. In February 2022, India’s Ministry...
Bitcoin ETF launch could be delayed more than a month after SEC approval
9.11.2023
A total of 12 asset managers have filed for a spot Bitcoin ETF with the U.S. SEC, with the first window for approval from the SEC opening on Nov. 8
BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’
8.11.2023
In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital currencies (CBDCs) will “sit at the core of the future financial system,” bringing innovation and meeting public expectations. While Challenges Remain,...
Stablecoins 'not a safe store of value': BIS
8.11.2023
"Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," wrote the Bank for International Settlements
HKEX-listed tech firm launches $15M Bitcoin fund
8.11.2023
"The next step for the crypto market depends on a refresh of the Bitcoin network," wrote founder Wang Feng
New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows
8.11.2023
Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK
‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023
8.11.2023
The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto
Robinhood eyes European expansion amid Q3 revenue drop
8.11.2023
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform
Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024
8.11.2023
Source: AdobeStock / l_martinez Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported. Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard...
Crypto banking app Bitwala relaunches via new partnership with Striga
8.11.2023
European crypto-banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations in 2022
Cardano takes a hit as major cryptocurrencies display mixed performance
8.11.2023
It is a volatile season for a crypto market when leaders such as Bitcoin, Ethereum, or Cardano show both positive and negative signs. Particularly volatile has been ADA’s dip during its recent trade sessions, raising eyebrows amongst its trader and investor market. The scalability solution that...
German Banking Giant DZ Bank Launches Crypto Custody Platform
8.11.2023
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...
Best Crypto to Buy Now November 7 – Cronos, Radix, Injective
7.11.2023
With various cryptocurrencies exhibiting large movements today, analysts are touting several cryptocurrencies as the best crypto to buy now. Image by cryptonews.com. With various cryptocurrencies exhibiting significant movements today, Cronos, Radix, Injective, Meme Kombat, and Launchpad XYZ have...
Bitcoin supply held by long-term holders hits all-time high — Research
7.11.2023
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data
Top Crypto Gainers Today on DEXTools – SNAPCAT, SATS, PEPEGO
7.11.2023
DEXTools Logo / Source: DEXTools X Account Blue-chip cryptocurrencies like Bitcoin (BTC), Ether (ETH), XRP (XRP) and BNB (BNB) are consolidating on Tuesday as traders take stocks of gains in recent weeks and eye commentary from Fed policymakers later in the week. But with US stocks pushing up...
Vietnamese Web3 coalition Ninety Eight launches $25M ecosystem fund
7.11.2023
The capital will be dedicated to supporting Web3 startups in Asia
Coinbase beefs up its global advisory council with four national security experts
7.11.2023
Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists
Bitcoin Ordinals see resurgence on Binance listing
7.11.2023
The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours
Is It Too Late to Buy Arweave? AR Price Soars 27% as New Crypto Casino Project Gathers Steam
7.11.2023
Storage token Arweave has exploded in a strong rally move, but as AR price soars +27% side-lined traders are asking ‘is it too late to buy Arweave?’. The upside move has seen Arweave rank in the biggest gainers amongst top 100 ranked cryptocurrencies over the last 24-hours, as traders...
Caitlin Long’s Custodia Bank launches Bitcoin custody platform
7.11.2023
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year