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The UK’s Serious Fraud Office (SFO) arrested two individuals linked to Basis Markets, a £21 million crypto scheme that collapsed after promising high returns from NFT investments and algorithmic trading. Investors lost funds due to misrepresented dashboards and diverted capital, marking a key enforcement action against NFT fraud. SFO arrests signal crackdown on NFT-based scams, […]
Yes, under the proposed Bitcoin For America Act, Americans could pay federal taxes with Bitcoin without triggering capital gains taxes, directing funds to a new Strategic Bitcoin Reserve. This bill by Congressman Warren Davidson aims to modernize payments and build a national asset reserve using Bitcoin’s fixed supply for long-term financial resilience. Bitcoin tax payments […]
Germany’s economy shows signs of stabilization in Q4 2025, with the Bundesbank forecasting slight growth as U.S. tariff impacts fade and services bolster activity, following flat output in Q3 after years of contraction. Exports and industry expected to stabilize in Q4 2025 after early-year volatility. Services sector to provide support, excluding consumer-driven areas. Overall output […]
A major whale on the Hyperliquid exchange closed its leveraged long positions in Bitcoin and Ethereum, incurring a $10.68 million loss before opening a short position on Ethereum with 6x leverage. This move highlights the volatile trading environment amid ongoing market pressures. Hyperliquid whale liquidation: A trader linked to the platform’s second-largest losing position realized […]
VeChain’s VET token is currently positioned on a robust long-term support zone that has held firm since 2020, serving as a foundation for past price recoveries amid growing ecosystem activity from initiatives like VeBetterDAO. VET’s long-term support has proven resilient, with historical rebounds shaping its market recoveries during downturns. The token’s chart shows a compression […]
Changpeng Zhao (CZ) will not return to Binance due to ongoing U.S. regulatory surveillance from the DOJ, CFTC, and FinCEN, even after the exchange exited the American market and stopped serving U.S. customers. His lawyer confirmed this setup limits his leadership role while the platform adapts to strict compliance monitoring. CZ’s absence from Binance stems […]
Institutional investors are reducing exposure to Bitcoin and Ethereum spot ETFs amid declining stablecoin inflows and macroeconomic pressures, with outflows reaching $1.17 billion last week. Solana ETFs, however, continue to attract inflows, holding $714.8 million in assets after 17 days of accumulation. Stablecoin on-chain volume has dropped sharply, signaling reduced institutional activity in volatile crypto […]
Ray Dalio maintains a small Bitcoin exposure of about 1% in his portfolio, viewing it as part of a diversified strategy amid ongoing market volatility. While acknowledging Bitcoin’s resilience, he warns of potential government interventions if it threatens traditional reserve assets like gold or the U.S. dollar. Ray Dalio’s long-term Bitcoin holdings: The Bridgewater founder […]
Kyrgyzstan has launched USDKG, a $50 million gold-backed stablecoin pegged 1:1 to the U.S. dollar, fully backed by physical gold under state custody. This initiative supports cross-border payments and blockchain infrastructure, positioning the nation as a digital finance hub amid rising interest in tokenized assets. Kyrgyzstan’s USDKG stablecoin issuance totals $50 million, audited and compliant […]