Digital asset and crypto investment products saw inflows for a second week in a row in the new year, albeit a rather weak $19 million. Although small, “it continues to suggest investors are beginning ...
Category: Crypto
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Over $1,570,000,000 Worth of Bitcoin Moved off Crypto Exchanges in Just Seven Days: Insights Firm Santiment
Crypto analytics firm Santiment says that Bitcoin (BTC) is flying off exchanges at its fastest rate in more than four months, a potentially bullish indicator for the top crypto asset. The crypto insig...
Shiba Inu (SHIB), the 15th Biggest Crypto Makes into Turkish Exchange ‘Bitexen’
Bitexen, the Turkey-based cryptocurrency exchange, has announced the listing of Shiba Inu (SHIB) token along with Sun (SUN), Celo (CELO), JUST (JST), Smooth Love Potion (SLP), and Moonbeam (GLMR), rep...
Bloody Altcoin January Shows Why Bitcoin Remains The Crypto Safe Haven
Bitcoin has outperformed all crypto Market Cap-Weighted Indexes in January as traders turn to less risky assets amidst fear over the Federal Reserve tightening, thus the king of digital assets claims ...
Colombia clamps down on crypto tax evasion as adoption thrives
Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special mea...
Crypto Donations to Tor Surged 841% in 2021
Crypto donations to privacy focussed non-profit The Tor Project surged 841% in 2021 compared to the previous year, according to a blog post from Monday. The Tor Project is a non-profit which steers th...
Thailand Abandoned its Proposed 15% Crypto Tax
Thailand is abandoning its proposed 15% tax on cryptocurrencies including mining. The Thai government faced strong backlash to the proposed crypto tax. Paiboon Nalinthrangkurn, chairman of the Federat...
Boom on the Frankfurt Stock Exchange of crypto products
According to a report by the Frankfurt Stock Exchange, cryptocurrency certificates were once again the most popular products in 2021 with a trading volume of more than €1 billion at the Frankfurt Cert...
Crypto start-ups raised huge venture funding rounds in January
A bitcoin sculpture made from scrap metal is installed outside the BitCluster cryptocurrency mining farm in Norilsk, Russia, on Sunday, Dec. 20, 2020. Andrey Rudakov | Bloomberg | Getty Images Cryptoc...
India’s Finance Minister unveils the Union Budget 2022 to tax crypto
India has included a crypto tax in its Union Budget 2022. The cryptocurrency market in India remains highly unregulated. However, this tax will now introduce some form of clarity in the Indian cryptoc...
FTX is acquiring Japanese crypto exchange Liquid
Quick Take FTX is acquiring licensed Japanese crypto exchange Liquid. The deal is expected to close next month. advertisement Crypto exchange FTX is set to acquire Japan’s Liquid Group and its o...
Is Crypto.com (CRO) Price At Threat Towards Its Resistance At $0.50? A Correction Of 35% Programmed?
The cryptoverse being home to a plethora of digital assets has been a spectator to euphoric runs on the bulls and the bears. While some digital assets have made little to no impact in the industry, so...
El Salvador Deploys 1500 BTC ATMs, Relaunch Chivo Wallet; Success Could Usher A Crypto Revolution
El Salvador was the first nation which accepts Bitcoin(BTC) as a legal tender, and the country is now focusing on relaunching the Chivo wallet. The El Salvador Nayib Bukele led government focuses on C...
You can buy Gene Simmons’ Las Vegas mansion with crypto
Rock legend Gene Simmons says he will accept crypto payments for the sale of his $13.5 million mansion in Las Vegas. The iconic bassist and co-lead singer of Kiss will accept payments in or a combinat...
Safest Way To Invest In Crypto In 2022
Many believe that the safest way to invest in cryptocurrencies is to invest in already successful coins. Although this may seem pretty logical as to how much there is to lose or gain, it doesn’t neces...
Visa Earnings Report Highlights Surge In Crypto Asset Purchases
Payments technology firm Visa’s latest earnings report shows that spending for crypto assets through its cards has surged in the first fiscal quarter of the year, with over $2.5 billion spent in...
South East Asian banks venturing into crypto face heightened risks, warns Fitch
After a year of enthusiastic ventures and acceptance regarding cryptocurrencies, banks in South East Asia might be in for a hard time going forward, analysts at top financial institutions have warned....
Mainstream crypto scaremongering – Man loses $57,000 on crypto investments – financial expert says invest in a savings account
The UK Daily Mail published a story today telling of a wife’s fury on finding that her husband had ‘lost’ $57,000 to crypto investments. The wife asked a financial expert for advice, who recommended t...
Russians Are Estimated To Hold $200 Billion Worth Of Crypto ; Will This Stir Government Push Back?
Russians own over $200 billion worth of cryptocurrencies going by an estimate of the country’s government. The estimate could have influenced the recent pivot the government of Russia made from wantin...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet – Bitcoin News
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blo...
Hong Kong prohibits crypto ETFs to professional investors
Crypto assets should now have garnered mainstream adoption. As the ecosystem went mainstream, regulators began to eye the network. Simultaneously, Hong Kong Monetary Authority argued cryptocurrency sp...
“Mars Stealer” Malware Can Grab Your Crypto
Key Takeaways Mars Stealer is an improved copy of its predecessor, the Oski Stealer. The malware uses special techniques to collect information from the memory of crypto browser extensions, wallets an...
Thailand axes 15% tax for crypto traders a week after proposal
Thailand’s original plan to levy a 15% withholding tax on cryptocurrency transactions has been scrapped following major pushback from crypto traders. The statement announced only last week, set ...
BCH/USD Price Ranges as the Coin Hovers Around $285
Bitcoin Cash Price Prediction – February 1 The Bitcoin Cash price prediction shows that BCH is trading below the moving averages as the price moves in sideways. BCH/USD Market Key Levels: Resistance l...
India Adopts Crypto, Introduces ‘Crypto Tax’ At Union Budget 2022
India in its Union Budget 2022 has decided to introduce a ‘Crypto Tax’. Finance Minister Nirmala Sitharaman proposed a 30% tax on any income from the transfer of virtual digital assets. No Tax deducti...
First Mover Asia: Crypto Prices Rise With Investors' Appetite for Risk
Good morning. Here’s what’s happening: Market moves: Bitcoin opened February higher; China’s crypto community remains active after all. Technician’s take: Sideways trading between $35K-$40K BTC ...
India to Launch CBDC by 2022-2023, Proposes 30% Tax on Crypto Income
Having made this declaration on the digitized rendition of the Indian rupee, India’s first Woman Finance Minister also offered the implementation of a thirty percent tax on crypto that focuses on the ...
Bitcoin Will Need Help From the Stock Market To Kick Off Reversal, According to Crypto Analyst Benjamin Cowen
A popular crypto analyst is looking at historical Bitcoin (BTC) trends as well as the US stock market to determine when the cryptocurrency might regain some positive momentum. In a new strategy sessio...
IoTeX CEO: ‘The bullish case for crypto hasn’t changed at all’
Despite the downturn that the cryptocurrency market has witnessed in recent weeks and months, there’s no reason to be less bullish on crypto, according to IoTeX co-founder and CEO Dr Raullen Chai. Bit...