Cryptocurrency

Hong Kong Seeks Public Input on New Global Crypto Tax Reporting Rules Hong Kong has opened a public consultation on a significant move to align its tax framework with international standards for cryptocurrency transactions. The initiative focuses on the potential adoption of the Crypto-Asset Reporting Framework, or CARF, a new global standard developed by the […]

Crypto Index Funds Poised for Growth as Market Matures, Says Bitwise CIO As the cryptocurrency market expands beyond Bitcoin and Ethereum into a vast ecosystem of thousands of digital assets, a leading industry executive predicts a significant rise in the popularity of broad, index-style investment products. Matt Hougan, the Chief Investment Officer at crypto asset

US Judge Seeks Clarification on Do Kwon’s Foreign Legal Troubles A United States judge has requested additional information regarding the potential legal consequences facing Do Kwon, the co-founder of Terraform Labs, in his home country of South Korea. This inquiry comes as Kwon faces sentencing in the US for fraud charges related to the catastrophic

Binance Employee Suspended Following Insider Information Investigation Cryptocurrency exchange Binance has suspended an employee and notified law enforcement after an internal investigation concluded the individual misused confidential company information. The probe found the staffer allegedly used insider knowledge to compose and publish a post from an official Binance account. The incident underscores the ongoing challenges

Ethereum Smart Whales Place Massive Long Bets As Price Eyes Higher Targets The recent surge in the price of Ethereum above the three thousand dollar mark has triggered a significant wave of bullish activity from large-scale investors, commonly referred to as whales. On-chain data reveals that these savvy market participants opened substantial long positions, signaling

BitMine Expands Ether Holdings With 199 Million Dollar Purchase Amid Trader Bets on Price Drop The largest corporate holder of Ether is once again increasing its stake, purchasing an additional 199 million dollars worth of the cryptocurrency. This move comes even as some of the industry’s most successful and well-informed traders are placing significant bets

Bitcoin’s Final Push to 100,000 Hinges on the Federal Reserve and Corporate Debt The final weeks of the year present a critical juncture for Bitcoin, with the elusive 100,000 price target still within reach. Analysts point to two interconnected macroeconomic forces that will likely determine the outcome: the Federal Reserve’s monetary policy decisions and the

Polymarket To Deploy In-House Market Maker Against Users Prediction market platform Polymarket is reportedly planning to use its own capital to trade directly against its users. The company has begun approaching traders, including experienced sports bettors, to join this internal market-making operation. This strategic shift comes as Polymarket seeks to expand its presence in the

Bitcoin Price Stalls at Yearly Open, Fueling Concerns of a Deeper Drop Bitcoin is facing renewed selling pressure after failing to hold gains above a key technical level, leading analysts to warn of a potential retreat back toward the lower end of its recent trading range. The cryptocurrency encountered significant resistance at what traders call

Solana Presale Hijacked by Sybil Wallets as HumidiFi Forced to Reset Launch A recent token presale on the Solana blockchain was abruptly halted after being overwhelmed by Sybil wallets, highlighting a growing problem in crypto fundraising. The incident involved the project HumidiFi and its WET token launch. According to reports, the presale was flooded with