New reporting regulations set to come into force in January 2026 will target crypto investors in Britain as the government ramps up its tax collection. The new framework from the UK tax department (His Majesty’s Revenue and Customs) specifically targets tax-evading crypto bros, reported finance outlet Money Week this week. The government claims that its
News
Tether Holdings SA, the issuer of the $159 billion USDT stablecoin, has secretly constructed and now operates its own high-security vault in Switzerland to store a massive $8 billion worth of gold. This revelation, reported by Bloomberg, positions Tether among the largest non-bank and non-state gold holders, with nearly 80 metric tons of the precious
There’s an evident uptick in the cryptocurrency market, especially when it comes to altcoins, as many have marked notable gains of up to 5% on a 24-hour scale. Ripple’s native cross-border token is among the examples, as the asset jumped to $2.4 for the first time since late May today. One of the possible reasons
US President Donald Trump continues to state that the nation’s central bank keeps the interest rates too high and urged for another cut. Unlike the previous similar occasions, though, he was rather radical this time, claiming that the Federal Reserve needs to slash the rates by at least three points. First, President Trump mentions that
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin continues to hover just below its previous all-time high, consolidating around the $109,000 mark despite a modest 1.9% gain over the past day. The asset reached a
Bitcoin has reached a fresh all-time high after soaring above $112,000 on Wednesday as it broke out after seven weeks of muted price action. Amid this new peak, coins that have remained dormant for nearly a decade are now stirring. After observing Spent Output Age Bands data, CryptoQuant found that long-term Bitcoin holders started moving
Ethereum has made a rare move north today, adding 7% in under 24 hours to reach $2,787 during early trading in Asia on Thursday morning.The four-week high is the highest the asset has traded since June 12, when it reached $2,870. However, heavy resistance lies at this level, and Ether has not traded above $3,000
The United States dollar index (DXY) has been on a decline over the past four months, recording its largest plunge in years. Since such moves have historically been correlated with positive growth in risk assets, bitcoin (BTC) could be gearing up for a strong breakout. According to a report by the market analytics platform CryptoQuant,
We’re only halfway through the year, but Ripple’s stablecoin, RLUSD, has made a serious entrance into the ranks of industry leaders. While some of the company’s plans may have seemed speculative, its steps into the TradFi space are steadily being solidified. RLUSD quickly made waves by being designed to be Markets in Crypto-Assets (MiCA) compliant,
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP price started a fresh increase above the $2.320 zone. The price is now showing positive signs and might climb above the $2.45 resistance. XRP price started a
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. With one week already gone in the month of July, Ethereum has already begun to perform better than Bitcoin. While the gap is still very close, the outperformance
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows the Binance Exchange Reserve has diverged between Bitcoin and the stablecoins. Here’s what this could mean for the market. In a CryptoQuant Quicktake post, an
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A long?time figure in the world of digital money and a noted XRP advocate stepped out of the shadows this week, sparking fresh chatter among investors and developers
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin started a fresh increase above the $0.1680 zone against the US Dollar. DOGE is now consolidating and might aim for a move above $0.1720. Dogecoin price started
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin (BTC) has remained range-bound between $100,000 and $110,000 since May 7, aside from a few dips to as low as $98,000 in June, which were quickly followed
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP price started a fresh increase above the $2.30 zone. The price is now showing positive signs and might climb above the $2.32 resistance. XRP price started a
Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum,
Bitcoin’s rather dull price actions as of late continued in the past 24 hours, even though the asset jumped slightly to over $109,500, where it was stopped almost immediately. Most altcoins are in the green on a daily scale, with ETH closing down to $2,600 and XRP nearing $2.3. The landscape around bitcoin has been
According to a local newspaper, the Russian Ministry of Energy, the Ministry of Digital Development, and the Federal Tax Service have compiled a “registry” that has been sent to regions with increased mining activity. An official of the Finance Ministry, Ivan Chebeskov, stated that despite certain laws being adopted, only 30% of miners had signed
Officials from Shenzhen have issued cautionary advice to the public, recommending that they pay maximum attention when operating with stablecoins due to mounting reports of abuse from certain schemes. As these assets become more widely adopted and discussed, this appears to be a step back from the country’s plans to introduce a yuan-backed stablecoin. China’s