Germany’s second-largest bank DZ Bank on Thursday said it plans to launch a crypto retail trading pilot this year. The crypto-friendly bank that launched a crypto custody platform last November plans to test Bitcoin transactions with customers. Germany’s DZ Bank To Launch Crypto And Bitcoin Trading According to a report by Bloomberg on February 1, […]

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 […]

India’s Interim Budget presentation just wrapped up a few hours ago, however, what came as a shock was no mention of crypto or the Web3 ecosystem in the event. The crypto community had been expecting a lot from the Interim Budget announcement as they advocated for relief in the crypto tax regime in India. Though […]

The crypto market is going down today with an 8.46% dip in the total market capitalization and a whopping 28.07% drop in total crypto market trading volume. As the prices of top cryptocurrencies are slumping, a strong bearish trend seems to follow. Let us understand the reasons behind this fall and analyze if it continues. […]

El Salvador, reaffirming its commitment to cryptocurrency, has declared that Bitcoin will maintain its legal tender status during President Nayib Bukele’s anticipated second term. Despite the International Monetary Fund’s (IMF) call for reconsideration during loan negotiations, Vice President Felix Ulloa, temporarily on leave for re-election, emphasized the government’s unwavering stance. Meanwhile, this announcement follows the […]

India’s Finance Minister Nirmala Sitharaman’s budget speech was just for 58 minutes as this was an interim budget ahead of elections looming in the next few months. The new government will present a full-fledged budget around July. The 2024-25 budget is more focused on economic growth and modern India by 2047. The plans are people-centric […]

JUP, the native token of swaps aggregation engine Jupiter, has undergone major selling in the last 24 hours after the Solana airdrop on Wednesday, January 31. At press time, HUP is trading 62.7% down a price of just under $0.60. Is Jupiter Price Facing Pump and Dump? Soon after the airdrop, the JUP price rallied […]

Crypto staking fosters passive income while contributing to the security and decentralization of blockchain projects. In crypto staking, users temporarily lock their crypto assets to earn rewards. And these rewards are in the form of additional coins or tokens. The staking period, amount, and methodology vary as per the chosen projects and blockchains. Once an […]

Indian finance minister Nirmala Sitharaman is all set to present the interim budget 2024 in Parliament. The full-fledged budget will be presented by the new government that comes to power after the elections, which are due later in the second quarter of 2024. The interim budget is a short term financial plan that seeks the […]

Indian finance minister Nirmala Sitharaman in her budget 2024 presentation speech did not propose any changes in tax rates in direct and indirect taxes including import duties. She has unveiled the interim budget for the fiscal year 2024–25. She said the government’s focus was primarily on four major pillars — poor, women, youth and farmers. […]