Cryptocurrency
Kenya Collected $77.5M in Crypto Taxes — $465M Target Next, Exchanges in Focus
At Kenya’s Taxpayers’ Day celebration on November 1, the government revealed that the country collected $77.5 million in crypto tax over the last year. The Kenya Revenue Authority (KRA) obtained...
China Sets Legal Precedent in $111M Crypto Money Laundering Bust
Beijing police uncovered a massive money-laundering network that allegedly moved 800 million yuan (approximately $111.36 million) through cryptocurrency transactions linked to telecom fraud and online gambling. This criminal operation exploited...
WhiteBIT Launches Bull Run App: Predict Bitcoin Price & Win Crypto
WhiteBIT, a leading global cryptocurrency exchange, has launched the Bull Run app to celebrate its 6th anniversary. Available exclusively via Telegram, the app lets users compete for daily cryptocurrency prizes...
Polkadot vs. Cardano: Which Altcoin Will Lead the Next Bull Run?
Polkadot (DOT) and Cardano (ADA) are seeing surges in market activity, driven by growing investor interest and bullish sentiment. Polkadot’s price is $4.08, with a 24-hour trading volume of $271.1...
Bitcoin and Inflation: Trump’s Economic Agenda Explained
With Donald Trump set to return to the White House, investors are closely watching what a second term could mean for the U.S. economy, financial markets, and Bitcoin. Trump’s proposed...
Ethereum Staking Surges as Exchange Reserves Hit Record Lows: Bullish Signal for ETH?
Ethereum’s ecosystem is undergoing notable changes, according to an update by Leon Waidmann from Onchain Insights. In his latest post, Waidmann highlighted Ethereum staking reaching an all-time high while exchange...
Altcoin Market Breakout Looms as Bitcoin Hits $75K Record High
The altcoin market shows signs of a breakout after recent price fluctuations tested investor patience during Bitcoin’s surge to a new record high. Analysts see a bullish trend emerging for...
Arbitrum’s Upcoming $48.5M Token Unlock Sparks Price Volatility Concerns
Arbitrum is approaching another major token unlock, scheduled for November 16th, 2024. Token Unlock data shows that 92.65 million ARB tokens, worth roughly $48.5 million, will be released, primarily to...
Pro-Crypto Jim Justice Flips West Virginia Senate Seat to GOP in 2024
West Virginia Governor Jim Justice has secured the Senate seat previously held by Democrat Joe Manchin, marking a shift to Republican representation. Justice’s win makes him the first Republican to...
South Korea Pilots CBDC as Crypto Reshapes Job Market
South Korea is launching a CBDC pilot project with plans to use central bank digital currencies for education and welfare vouchers. This initiative is a collaboration between the Ministry of...
Crypto Market Braces for Election Volatility as Bitcoin Awaits Big Moves
The crypto market, along with stocks and treasuries, is bracing for volatility on what promises to be one of the most tightly contested U.S. presidential elections in recent history. Dubbed...
Bitcoin ETFs See Massive Outflows Ahead of Election Day
US spot Bitcoin ETFs saw massive outflows on November 4th, with investors withdrawing $541 million in a single day. This marks the second-largest single-day outflow since these funds launched, just...
Bitcoin as a Treasury Asset: A Growing Trend Among Corporations
In an interview held on 5th Nov, Market analyst Dylan LeClair and Bitcoin advocate Antony Pompliano discussed the growing trend of major corporations like MicroStrategy, Metaplanet, and Semler Scientific adding...
Crypto Sector Outspends Wall Street and Big Oil in U.S. 2024 Election Funding, Donates $238M
The crypto industry has surged ahead in political funding during the 2024 presidential election cycle, surpassing donations from the oil and gas, pharmaceutical sectors, and even Wall Street powerhouse Citadel....
Binance Futures Adds PONKEUSDT Perpetual Contract with 75x Leverage
Binance Futures expands its trading products with the introduction of the PONKEUSDT perpetual contract, designed to enhance the trading experience for its users. The new contract, launching on November 4,...
Is XRP Undervalued? New Model Suggests Fair Value of $3,541
XRP enthusiasts often say the token is undervalued. It is currently trading at $0.5126, but the Pipeline Flow Model, developed by Dr. Deon Bakkes, suggests a fair value for XRP...
Crypto Sentiment Shifts as U.S. Election Nears: Bitcoin Analysis
As the U.S. readies for the high-stakes election announcement this week, crypto traders expect heightened market activity, especially in Bitcoin trading. Data from Santiment shows that large Bitcoin holders are...
UAE Tokenizes US Treasury Bills, Bridging Traditional Finance and DeFi
The UAE is well on its way to transform their financial sector by tokenizing the U.S. Treasury bills (T-Bills) on the blockchain through the Realize T-BILLS fund. This groundbreaking initiative...
3AC Founder’s Wife Sells $38.5 Million Singapore Mansion Despite Asset Freeze
The wife of the defunct Three Arrows Capital (3AC) founder, Zhu Su, has reportedly sold a mansion in Singapore for S$51 million (US$38.5 million). This sale occurred despite a court...
Chainlink’s LINK: Poised for a Breakout, Analysts Prediction
Chainlink may be approaching a breakout, driven by technical indicators and recent developments. The crypto asset has been moving upward, forming an ascending triangle. This setup has drawn attention from...
Bitcoin Taxes Around the World: Where to Pay Zero Tax
Recent data shows that tax policies on Bitcoin sales after a one-year holding period vary significantly worldwide. Germany and El Salvador have zero tax, while Japan has a 45% tax....
BNB Chain Burns $1 Billion in BNB, Aiming for 100 Million Supply
The BNB Foundation completed its 29th quarterly token burn, removing over 1.77 million BNB from circulation, worth approximately $1.07 billion. This is part of BNB Chain’s Auto-Burn initiative, designed to...
GRASS Token Price Surges 28%: Can the Rally Continue?
The GRASS token has attracted investor attention with an impressive surge of 28.46% this week. The price has climbed from approximately $0.87 to $1.05, demonstrating significant bullish momentum. Over the...
Coinbase Faces Scrutiny Over $25M Donation to Fairshake PAC
Coinbase’s recent $25 million donation to Fairshake PAC has drawn criticism, with crypto researcher Molly White alleging the move violates pay-to-play laws for federal contractors. White contends that Coinbase, as...
Canary Capital Applies for Solana ETF, Challenging SEC Stance
Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Solana ETF, marking its third crypto ETF application within the past month. The application...
