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The UK government’s Cryptoasset Reporting Framework (CARF) mandates crypto exchanges to collect and report customer details starting January 2026, aiming to raise £315 million ($417 million) in additional tax revenue by 2030 through improved compliance with capital gains tax on crypto profits. New rules require UK-registered crypto platforms to gather user information, including tax reference […]
21Shares has received final regulatory approval to launch its U.S. spot XRP ETF on December 1 under the ticker TOXR on the Cboe BZX Exchange, joining a competitive race amid surging institutional demand for XRP exposure. Regulatory Milestone: 21Shares files Form 8-A, securing automatic SEC approval for its spot XRP ETF debut. Strong inflows totaling […]
The Indian police have issued urgent warnings about a resurgence of fake wedding invitation scams on WhatsApp, where cybercriminals use malicious APK files disguised as digital cards to hack devices and steal funds during the festive season. Victims lose control of their phones, enabling thieves to access bank accounts and transfer money without consent. Scammers […]
China’s central bank, the People’s Bank of China (PBOC), has reaffirmed its strict cryptocurrency crackdown, stating that all virtual assets, including stablecoins, lack legal status and cannot serve as legal tender. This move intensifies efforts to curb illegal trading and speculation, emphasizing risks like money laundering. PBOC’s declaration: Virtual currencies are illegal financial activities, prohibiting […]
China’s humanoid robot stocks have cooled significantly after a 60% year-to-date surge, driven by hype from viral videos and government support. The National Development and Reform Commission warned of overcrowding on November 20, leading to a 20% index drop as over 150 similar companies flood the market, potentially stifling innovation. Investor enthusiasm wanes as hype […]
The Bitcoin rally in 2025 has propelled prices above $90,000, fueled by a broad market surge amid expectations of Federal Reserve rate cuts and resilient investor sentiment, even as global trading systems faced disruptions like the Chicago Mercantile Exchange outage. Bitcoin surges 7% from November lows: The cryptocurrency leads a risk-on rally across stocks, bonds, […]
The Crypto Fear and Greed Index has risen from extreme fear levels after 18 days, reaching a score of 28 in the fear zone on November 29. This shift signals stabilizing investor sentiment in the cryptocurrency market, potentially easing pressures on Bitcoin’s dominance amid broader economic concerns. Crypto Fear and Greed Index exits extreme fear: […]
Bitcoin’s price surged past $100,000 in early 2025, driven by increased institutional adoption and regulatory clarity in the U.S. This milestone reflects growing confidence in cryptocurrency as a mainstream asset, with trading volumes hitting record highs and sparking widespread market optimism. Key drivers include Bitcoin ETF inflows exceeding $50 billion since approvals. Institutional investors like […]
Dogecoin is exiting its third accumulation phase, trading between $0.20 and $0.30, which signals the potential start of a new bullish cycle after historical patterns of sharp price surges following similar periods. Dogecoin accumulation phase completion: DOGE has concluded three key accumulation stages since 2022, each preceding significant rallies of up to 480%. Technical signals […]