Category: News

Politicians from Italy’s ruling coalition said Tuesday that the country will lower the proposed tax hike on cryptocurrency capital gains following industry criticism and internal disagreements. What Happened: Lawmaker Giulio Centemero and Treasury Junior Minister Federico Freni, both from the co-ruling League party, announced that the proposed tax increase would be “significantly...

As President-elect Donald Trump approaches his inauguration on January 20, the cryptocurrency market has experienced a significant surge, with Bitcoin reaching an all-time high of $104,000 on December 5.  This increase, nearly 50% since Trump’s election, has sparked expectations of a new era for crypto regulations in the United...

Kasikornbank  (OTC:KPCPY)  and SCBX, two of Thailand’s largest banks, are diving into stablecoin-powered remittance services to enhance cross-border transactions. Kasikornbank recently partnered with Japan’s G.U. Group to explore stablecoin solutions for remittances between the two countries, capitalizing on the high number of Japanese businesses operating … Full story available...

Dogecoin (CRYPTO: DOGE) has taken a sharp U-turn this week amid the broader cryptocurrency market’s decline, but that hasn’t deterred optimists. What happened: The dog-themed meme coin has descended as much as 19% this week from the 7-day peak of $0.48. The downturn has been precipitated by Bitcoin’s (CRYPTO:...

The CFTC has accused a pastor of promoting a crypto scheme to churchgoers, which it alleged promised guaranteed returns of nearly 35%....

Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said on Tuesday that the investment banking giant might explore becoming a spot market maker for leading cryptocurrencies if more regulatory clarity is provided. What happened: At the Reuters NEXT event, Solomon stated that the firm’s ability to participate in spot...

On Tuesday, Ripple CEO Brad Garlinghouse revealed that the New York State Department of Financial Services (NYSDFS) has granted final approval for the firm’s inaugural stablecoin, RLUSD. Ripple Set To Enter Stablecoin Market  With the release of RLUSD, Ripple hopes to provide a reliable option for clients interested in...

XRP (CRYPTO: XRP) rallied sharply on Tuesday, becoming the biggest gainer among the top 10 cryptocurrencies by market capitalization. What Happened: The payments-focused coin lifted over 9% over the last 24 hours to $2.30, erasing afternoon losses that saw it dip to $1.92. The coin’s trading volume soared 22% to...

Justin Sun, the founder of the TRON (CRYPTO: TRX) blockchain, threw a jibe on Tuesday at Microsoft’s decision not to consider adding Bitcoin (CRYPTO: BTC) to its reserves, saying that it was motivated due to the leading cryptocurrency’s price not being “high enough.” What happened: Sun took to X to...

Data shows social media users have reacted to the latest dip in the prices of Bitcoin and other cryptocurrencies by calling to buy. Bitcoin Dip Worth Buying According To Crowd On Social Media In a new post on X, the on-chain analytics firm Santiment has talked about the sentiment...