Cryptocurrency

New US Crypto Tax Bill Draft Emerges with Stablecoin Exemptions, Omits Bitcoin Break A new legislative draft making the rounds in Washington proposes significant updates to how cryptocurrencies are taxed in the United States. The bill, which is still in its early stages, introduces clearer rules for digital asset transactions and notably carves out exemptions […]

Bitcoin Drops to Three-Week Low as Price Targets Shift Toward $41,000 Bitcoin fell sharply, erasing recent gains and dipping to its lowest price point since March 9. The move downward saw the cryptocurrency breaking below the $66,500 support level, a move analysts say was designed to capture downside liquidity in the market. This decline coincides

US Bitcoin ETFs Record Significant Outflows Amid Middle East Tensions Investors pulled substantial capital from US spot Bitcoin exchange traded funds on Thursday, driven by growing geopolitical anxiety. The funds collectively saw net outflows of 171 million dollars, marking the largest single day withdrawal in three weeks. This movement coincides with heightened market fears of

Ether Needs Three Key Indicators to Flip for a Rally Above 2,400 Dollars Ether has been struggling to gain momentum, trading below a key resistance level. While the broader crypto market shows signs of life, ETH appears held back by a combination of negative pressures. Analysts point to three specific metrics that are currently acting

Circle Leads Funding Extension for Tazapay as Cross-Border Payments Firm Raises 36 Million Dollars Singapore based cross border payments platform Tazapay has secured a significant extension to its Series B funding round. The extension was led by global financial technology firm Circle, best known for its USDC stablecoin. This new capital infusion brings the total

Bitcoin Outpaces Gold Amid Middle East Tensions, But Questions Over Safe Haven Status Remain Recent geopolitical turmoil has seen Bitcoin’s price performance notably outstrip that of traditional safe haven asset gold. This has reignited discussions within financial circles about Bitcoin’s potential role as a digital sanctuary during periods of global instability. However, a closer examination

Bitcoin Drops Below 70,000 Dollars as Geopolitical Tensions Mount Bitcoin experienced a sharp decline, falling below the 70,000 dollar threshold as global markets reacted to heightened geopolitical instability. The move lower coincided with rising tensions in the Middle East, prompting a flight to safety among traditional investors and impacting risk assets broadly. Analysts monitoring the

Major Australian Pension Fund Explores Crypto Investment Options In a significant move reflecting growing institutional interest, Hostplus, one of Australia’s leading pension funds, is reportedly considering adding cryptocurrency offerings to its investment portfolio. This potential shift highlights the increasing demand for digital asset exposure from both members and the broader financial landscape. With over 2.2

Hong Kong Gaming Firm Boyaa Interactive Plans 70 Million Dollar Crypto Treasury Expansion Boyaa Interactive International, a Hong Kong-based online gaming company, has announced a significant move to expand its cryptocurrency holdings. The firm revealed plans to purchase up to 100 million dollars worth of cryptocurrency over the next year, with an initial allocation of