Crypto Tax And TDS Reduction Key For Survival, Says CoinDCX And WazirX Founders

The Indian government burdened the crypto industry with heavy taxes and heightened scrutiny in the last 2 years, making people feel hesitant or completely move away from trading and investing in crypto. Top crypto exchanges CoinDCX and WazirX founders have expressed concerns over the almost shadow crypto ban in India and urged a reduction in […]

Will Chainlink Price Extend Its Correction Below $12? Chart Pattern Offers Insight

Amid the recent market sell-off, the Chainlink price witnessed a notable reversal from the $16 psychological level. This new lower high formation in the daily chart indicates the sellers are still dominating the price movement and have plunged the asset to $13.7, registering a weekly loss of 14.4%. If the supply pressure persists, the LINK […]

Spot Bitcoin ETF: BlackRock Closing In On Grayscale’s Volume

The spot Bitcoin ETF race is getting more intense by the day and BlackRock’s IBTC is on the way to overtake Grayscale’s GBTC in terms of its trading volume. Grayscale Still Recording Outflows At the end of trading day 13, the spot Bitcoin ETF landscape registered up to $247 million in trading volume. Of the […]

MicroStrategy Co-founder’s Bold Bitcoin Move Pays Off, $400M In Profits Revealed

Co-founder of MicroStrategy Inc., Michael Saylor has reportedly earned around $400 million from pre-planned daily sales of the enterprise software company’s shares. This windfall stems from a strategic move initiated back in 2020 when Saylor began accumulating Bitcoin, a decision that has proven immensely lucrative. The significant rise in MicroStrategy’s stock price this year, doubling […]

Celsius Begins Paying $3 Billion In Crypto and Fiat to Creditors

After 18 months of the bankruptcy process, crypto lender Celsius Network announced that it had commenced the transfer of nearly $3 billion in cryptocurrencies and fiat to all the creditors of the company. A staggering 98% of the company’s account holders approved these plans as stated by the Bankruptcy court. Celsius Bankruptcy Team Does A […]

SOLWealth to Launch Solana Spot ETF Amid Demand Surge

Solana Spot ETF could the center stage as the new hot topic in the crypto world soon. The first Solana spot ETF is on its way to be introduced in North America by SOLWealth, a federal organization based in Canada. The debut of Solana ETF comes at a time when market confidence in the crypto world […]

XRPL Integrates Hex Trust To Amplify Ripple’s XRP Adoption

Hex Trust, a digital asset custodian, has integrated with the XRP Ledger (XRPL), marking a significant stride in the crypto custody space. The partnership aims to enhance functionalities for users, providing access to XRP, Ripple’s fungible tokens, and NFTs through the innovative XLS-20 token standard. Notably, this alliance not only amplifies Hex Trust’s support for […]

US Bitcoin ETF Sees 4th Straight Outflow Of $51M, HK ETF Debut Propels BTC

The U.S. Spot Bitcoin ETFs have witnessed their fourth consecutive day of outflows. These ETFs witnessed a total of $51.6 million net outflows the market on Monday, April 29. This trend follows a week of substantial outflows, highlighting a notable shift in investor sentiment. U.S. Bitcoin ETF Outflow Continues Breaking down the figures, Grayscale’s Bitcoin […]

Coinbase Sparks Marketing War With VIP Trader’s Incentive

American cryptocurrency exchange Coinbase has introduced a fee upgrade program for its high-volume traders. Coinbase Wooing High-Volume Traders To start the new month, Coinbase announced it plans to establish a new fee tier upgrade program for Coinbase Advanced, the exchange’s VIP and high-volume traders. Consequently, top traders from other cryptocurrency exchanges will now be allowed […]

Sui Partners Google Cloud To Enhance Web3 & AI Initiatives

Sui, the Layer 1 blockchain and smart contract platform, has made a groundbreaking move in the crypto world by announcing its partnership with Google Cloud. This strategic alliance, which has sparked widespread interest, sees the Layer 1 and Google Cloud teaming up to drive global Web3 innovation. Riding along the collaborative efforts of Mysten Labs, […]