Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Russia Considers 15% Tax on Crypto Earnings
Reading Time: < 1 minuteRussia’s Ministry of Finance yesterday put forth a draft amendment proposing a 15% tax on earnings made from cryptocurrency.
Spot Bitcoin ETFs Attract $1.7B in a Week
Reading Time: < 1 minuteIn the past week of trading, Spot Bitcoin ETFs have seen a significant increase in inflows, amounting to $1.7 billion between November 11–15, 2024.
Goldman Sachs Announces Plans to Spin Off its Blockchain Trading Platform
Reading Time: < 1 minuteGoldman Sachs has announced plans to create a new company focused on blockchain networks and financial instrument trading, by spinning off its digital assets platform into an independent entity.
MicroStrategy Will Hold a New Private Note Sale to Acquire More BTC
Reading Time: < 1 minuteThe founder of MicroStrategy, Michael Saylor, revealed that the company plans to offer $1.75 billion in zero-coupon convertible notes in order to acquire more Bitcoin.
Crypto.com Launches Equities Trading in Australia
Reading Time: < 1 minuteCrypto.com has expanded its offerings in Australia by acquiring Fintek Securities, a licensed brokerage firm.
Bitwise to Launch a Crypto Index ETP
Reading Time: < 1 minuteBitwise Asset Management has announced that NYSE Arca has filed a Form 19b-4 to uplist the $1.3 billion Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). This […]
CFTC Clears Way for Bitcoin ETF Options
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has announced that it will no longer be involved in the clearing of Bitcoin ETF options.
Bitfinex Hacker Sentenced to Five Years in Prison
Reading Time: < 1 minuteAccording to a report from Bloomberg on Thursday, Ilya “Dutch” Lichtenstein, who was involved in the 2016 hack of Bitfinex and subsequent money laundering, has been sentenced to five years in prison.
18 US States Take Legal Action Against SEC
Reading Time: < 1 minuteA lawsuit has been filed by 18 US states against the Securities and Exchange Commission (SEC) and its Chairman Gary Gensler, alleging that the regulatory body has overstepped its bounds and acted beyond its authority in its actions against the growing crypto industry.
Bitcoin Correlation to Gold Reaches a Nearly 1-year Low
Reading Time: < 1 minuteThe correlation of Bitcoin to gold has reached a low not seen in 11 months since the election.
Coincheck Receives SEC Approval for Nasdaq Listing
Reading Time: < 1 minuteCoincheck will become the first Japanese platform to be listed on the Nasdaq Global Market.
Revolut Expands its Crypto Exchange to 30 European Countries
Reading Time: < 1 minuteCryptocurrency-friendly neobank Revolut is expanding its crypto exchange, Revolut X, to 30 new markets across the European Economic Area (EEA).
Coinbase Buys Utopia Labs
Reading Time: < 1 minuteThe stablecoin payment processor Utopia Labs has joined Base, the Layer 2 network of the crypto exchange giant Coinbase. This collaboration aims to strengthen onchain payments within Coinbase Wallet and Base.
Bitwise Plans to Launch an Aptos Staking ETP
Reading Time: < 1 minuteBitwise has announced the launch of the first ever staking exchange-traded product, featuring the Aptos currency, on the SIX Swiss Exchange in Switzerland.
Canary Capital Files Application to Launch HBAR ETF
Reading Time: < 1 minuteCanary Capital, an investment management firm, has recently filed an application for a HBAR ETF in the United States, showing their strong interest in funds into their portfolio.
Italy Will Increase Tax on Crypto by 28%
Reading Time: < 1 minuteThe Italian government is expected to approve a more lenient tax increase on cryptocurrency trades.
Inflows into Spot Ethereum ETFs Hit a Record
Reading Time: < 1 minuteThe recent surge in the popularity and interest in Ethereum ETFs has led to record-breaking daily inflows on Monday.
MicroStrategy Purchases $2 Billion in Bitcoin
Reading Time: < 1 minuteOn November 11, MicroStrategy announced that it had purchased 27,200 Bitcoin using $2.03 billion in cash.
Crypto Market Capitalization Reaches $3.1T
Reading Time: < 1 minuteThe total value of the cryptocurrency market has recently surpassed the $3.12 trillion mark, setting a new all-time high and coming close to exceeding France’s gross domestic product.
Norway’s Central Bank Supports MiCA
Reading Time: < 1 minuteNorges Bank has voiced its support for the Markets in Crypto-Assets Regulation (MiCA) proposed by the European Union.
Mt. Gox Moves $2B in Bitcoin to New Address
Reading Time: < 1 minuteOn Sunday, crypto exchange Mt. Gox transferred over $2 billion worth of Bitcoin to two addresses, possibly the company may be preparing to repay its creditors.
FTX Bankruptcy Estate Files Lawsuit Against Anthony Scaramucci
Reading Time: < 1 minuteThe FTX bankruptcy estate is seeking to recover more than $100 million from SkyBridge Capital and its founder, Anthony Scaramucci.
Bitcoin ETFs Receive $1.3B Following Trump’s Victory
Reading Time: < 1 minuteFollowing the US presidential election won by Republican Donald Trump, Bitcoin ETFs listed in the US yesterday saw a historic $1.38 billion in net inflows.
Detroit Will Allow Residents to Pay Taxes and Fees with Crypto
Reading Time: < 1 minuteCity officials yesterday announced that Detroit will now accept cryptocurrency payments, making it the largest city in the United States to do so.
SEC Files Motion to Dismiss Kraken Defenses
Reading Time: < 1 minuteOn November 5, the SEC filed a motion to dismiss three of Kraken’s defenses in response to the commission’s allegations that the exchange has been operating without proper registration.
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