In a significant move that has sent ripples through the cryptocurrency community, India’s Union Budget 2025 has introduced a stringent measure on undisclosed cryptocurrency gains. Announced by Finance Minister Nirmala Sitharaman, the amendment brings virtual digital assets (VDAs) under Section 158B of the Income Tax Act, imposing a penalty of up to 70% on profits …
The blockchain ecosystem is set for a transformative week as two prominent platforms, Arweave (AR) and MultiversX (EGLD), prepare to roll out significant network upgrades and hard forks. These developments are poised to enhance performance, security, and scalability, addressing key challenges faced by users and developers alike. Arweave’s Network Upgrade: A Leap Forward Arweave, the …
Tokyo-Based Firm Aims to Become Asia’s Leading Corporate Bitcoin Holder Key Takeaways Metaplanet Inc. (TSE: 3350), a Tokyo Stock Exchange-listed company, has unveiled an aggressive two-year plan to expand its Bitcoin treasury to 21,000 BTC by the end of 2026, backed by a ¥116.65 billion ($745 million) capital raise—the largest Bitcoin-focused equity fundraising in Asian …
Cardano (ADA), a leading proof-of-stake blockchain, is on the brink of a historic transformation as its Plomin hard fork approaches activation on January 29. This upgrade marks a critical step toward full decentralization, while ADA’s price faces a pivotal test at the $1 resistance level. Here’s a detailed analysis of the upgrade’s implications and ADA’s …
MicroStrategy Incorporated, traditionally known for its business intelligence software, has once again made headlines in the cryptocurrency world with its latest Bitcoin acquisition. On January 6, 2025, the company announced it had added 1,070 more Bitcoins to its coffers, spending approximately $101 million. This move brings MicroStrategy’s total Bitcoin holdings to 447,470 BTC, valued at …
In an unprecedented move in the cryptocurrency market, President-elect Donald Trump has launched his own memecoin, $TRUMP, which has swiftly ascended to an all-time high price of $75, achieving a staggering market capitalization of $74 billion just days before his inauguration. This development marks a significant moment for both the crypto industry and Trump’s personal …
In a strategic move that underscores the growing intersection between politics and cryptocurrency, World Liberty Financial (WLF), a decentralized finance (DeFi) project with strong ties to the Trump family, has announced plans to acquire Tron (TRX) tokens for its treasury. This decision, as reported by several credible sources, marks a significant step in the project’s …
Reliance Jio, India’s leading telecommunications giant, has officially entered the cryptocurrency sphere with the launch of Jiocoin, a blockchain-based reward token. This development marks a significant stride towards integrating Web3 technologies within Jio’s ecosystem, potentially reshaping the digital rewards landscape in India. What is Jiocoin? Jiocoin isn’t your typical cryptocurrency. Instead, it functions as a …
Washington, D.C. — As Donald Trump prepares for his second term as President of the United States, his inauguration on January 20, 2025, is set to blend traditional pomp with a modern twist, focusing heavily on the burgeoning cryptocurrency sector. This event will not only celebrate Trump’s return to the White House but also his …
Bybit has announced that it will temporarily restrict its services for Indian users starting January 12, 2025, at 8 AM UTC. This decision comes in response to recent developments from Indian regulators and aims to ensure compliance with local regulations. Here are the key points: Service Restrictions: Indian users will temporarily be unable to open …
As we usher in 2025, the Decentralized Physical Infrastructure Network (DePIN) sector continues to captivate the attention of tech enthusiasts and investors alike. DePINs leverage blockchain technology to decentralize traditional physical infrastructure, offering both innovation and investment opportunities. In this comprehensive analysis, we delve into the top five DePIN projects that stand out for their …
In what has been dubbed one of the largest cryptocurrency heists in India, WazirX, a leading crypto exchange, was compromised on July 18, 2024, leading to the theft of approximately $230 million in digital assets. This event not only shook the confidence of investors but also highlighted critical vulnerabilities in the security protocols of centralized …
The Bitcoin network has recently witnessed a significant surge in its hashrate, reaching unprecedented levels that underscore its growing security and robustness. This development has sparked interest among tech-savvy investors and cryptocurrency enthusiasts, who recognize the implications of such a milestone for the world’s leading cryptocurrency. The Surge in Hashrate Hashrate, a measure of the …
In the rapidly expanding universe of cryptocurrencies, where each token stakes its claim to innovation, Wisdomise AI (WSDM) emerges as a notable contender. This token doesn’t just promise financial returns; it aims to revolutionize how investors engage with the market through artificial intelligence (AI). Let’s delve into the intricacies of WSDM, exploring its market performance, …
In the rapidly evolving landscape of cryptocurrency, regulatory compliance and user experience often collide, creating confusion for users and headaches for exchanges. CoinDCX, one of India’s leading cryptocurrency platforms, has recently come under scrutiny for its fluctuating policies on crypto withdrawals and Know Your Customer (KYC) procedures. This situation has left many users frustrated, searching …
In a significant move for cryptocurrency enthusiasts and investors, tgBTC is set to launch on the TON (The Open Network) blockchain, aiming to bring Bitcoin’s liquidity directly into Telegram’s vast user base. Here’s a comprehensive look at what tgBTC entails, its implications, and the upcoming milestones. What is tgBTC? tgBTC represents Bitcoin tokenized on the …
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