An article posted by the Shanghai Municipal Tax Service explained taxes on digital currency transactions in China. It sparked speculations regarding a potential relief of the stringent China crypto ban regulations. The explainer was titled “Common Misunderstandings Regarding Personal Income Tax on Business Income and Categorised Income.” According to a report by the South China […]

Former FTX Derivatives Exchange Executive Ryan Salame will face sentencing on May 28th in a New York courtroom. The sentencing hearing follows his guilty plea to criminal charges leveled against him for co-conspiring to commit financial fraud. According to an update on the court docket released on Tuesday, Salame’s sentence proceedings will commence at 11 […]

Former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton has confidently predicted approving a Spot Bitcoin Exchange-Traded Fund (ETF). In a recent CNBC interview, Clayton emphasized that key obstacles previously impeding the ETF’s approval appear to have been resolved. “The underlying Bitcoin trading market has matured significantly,” Clayton remarked, suggesting a robust and reliable […]

The cryptocurrency industry faces a pivotal moment as Uniswap Labs receives a Wells Notice from the U.S. Securities and Exchange Commission (SEC). This development suggests a potential lawsuit on the horizon, and the crypto community views this action as a significant challenge. Charles Hoskinson Advocates for Decentralization Amid SEC Move Uniswap Labs confirmed the receipt […]

The cryptocurrency market made a stellar comeback on Monday, with Bitcoin thundering past $47,000 for the first time in almost 2 years as anticipation grew about the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the US. The OG cryptocurrency Bitcoin rose sharply from $43,280 in early morning trade in Asia to $47,193 […]

Uniswap’s native cryptocurrency UNI has taken a major price hit tanking by a staggering 15% within hours of receiving the Wells Notice from the U.S. SEC on Wednesday, April 10. As of press time, the Uniswap (UNI) price is trading 15.39% down at $9.42 with a market cap of $5.6 billion. Moreover, the daily trading […]

Dogecoin, one of the most prominent meme coins within the cryptocurrency space, once again stirred a whirlpool of speculative buzz across the vast sea of digital assets following significant whale transactions noted by the token. Intriguingly, these transfers appear to have caught substantial interest among crypto market enthusiasts globally as they emerged amid the token’s […]

Bitcoin (BTC) price has maintained an upward trend in Q1 2024 pushing the wider market to new highs. In recent weeks, several bullish investors have projected new highs for the market on the back of spot Bitcoin ETF approval by the United States Securities and Exchange Commission (SEC).  A new market report from on-chain analysis […]

Valkyrie Investments, a key player in the digital asset space, is poised for a groundbreaking moment. The firm expects the United States Securities and Exchanges Commission (SEC) to approve the first Bitcoin (BTC) spot exchange-traded fund (ETF) soon, with trading anticipated to commence on Thursday. Valkyrie Predicts Massive Inflow into Bitcoin ETF Valkyrie Investments co-founder […]

Despite the Bitcoin mining industry making considerable progress and growth over the last year, Canada’s British Columbia province prefers to look the other way around. Lawmakers in BC are planning crypto mining operations amid their excess use of electricity. BC Cracks Down On Crypto Mining Operations The Energy Minister of British Columbia, Josie Osborne, declared […]