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Singapore Tops List of Crypto-Friendly Investment Migration Destinations


Singapore has emerged as the most preferred destination for crypto millionaires seeking secure and tax-friendly havens to protect their digital assets, according to the recently released Crypto Adoption Index by Henley & Partners.  With a perfect score of 10 out of 10 in the tax-friendliness...

Crypto Spot Trading to Cease at Genesis Global Trading - What's happening?


Genesis Global Trading (GGT), a New York-based subsidiary of Barry Silbert's Digital Currency Group, is set to halt its crypto spot trading services as of September 18. The decision comes directly from the company and is described as a voluntary measure due to unspecified business reasons. The...

Best Crypto to Buy Now September 5 – Maker, NEO, Polygon


Visa announced on Tuesday that it plans to use the Solana blockchain for settling transactions with USDC, a major stablecoin. The financial company stated that this decision could speed up cross-border payments and offer an updated method for transferring funds. With widespread cryptocurrency...

Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak


Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector. The overall outflows mainly came as a result of significant outflows from altcoin-backed funds, and in particular those backed by Polygon’s native...

Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency


A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...

Biggest Crypto Gainers Today on DEXTools – AGI, JNY, PAPA


There's been a noticeable divergence between Bitcoin and the stock market in recent months, which could presage an economic recession, according to Bloomberg strategist Mike McGlone. He pointed out that after months of outperforming the Nasdaq 100 index, Bitcoin dropped 15% in the third quarter...

Crypto Exchange Bitfinex Diversifies, Adds Bitcoin to Balance Sheet


Bitfinex, one of the oldest crypto exchanges still operating today, reportedly holds Bitcoin (BTC) on its balance sheet. The news that the veteran crypto exchange is investing profits into Bitcoin was reported on Monday by crypto news outlet The Block, which cited “a source with direct knowledge...

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