India’s 1% Crypto Tax Drove Away Traders, Costing $420M
India’s 1% crypto transaction tax led 5 million traders to move offshore, resulting in a potential $420 million revenue loss for the government.
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Arthur Hayes Says Bet on Bitcoin Amid Global Fiat Infusion
Arthur Hayes argues investors should bet on crypto, particularly Bitcoin, to hedge against dollar depreciation from massive fiat liquidity entering markets.
XRP Price Rises Despite Ongoing Supply Increases
Ripple’s XRP continues rallying in price even as Ripple Labs releases a scheduled 1 billion new tokens monthly, underscoring strong market demand.
Bitcoin Robbery Gang Targets Swedish Couple
A middle-aged Swedish couple became the latest victims of a violent home invasion by a Bitcoin robbery gang active in the country.
Solana Gains 175% Despite Ongoing FTX Sales Pressure
Solana has surged over 175% in the past month to over $20B market cap, even as FTX wallets unload SOL holdings obtained from Alameda’s balance sheet.
Top US Bitcoin ETF BITO Draws $240M on Spot ETF Excitement
The ProShares Bitcoin Strategy ETF (BITO) absorbed $240 million inflows in the past month, its 2nd best ever, as investors anticipate an imminent spot Bitcoin ETF approval.
JPMorgan Enables Programmable Payments on JPM Coin Blockchain Platform
JPMorgan has launched programmable payment functionality for institutional users of its private blockchain platform JPM Coin.
Singapore’s dtcpay Introduces Retail Crypto Payment System
Singapore-based dtcpay launched a new crypto payment system for retail and ecommerce with blockchain firm PlatON and payment provider Allinpay of China.
Crypto Ownership Surpasses Stocks for French Investors
A new survey found more French investors own crypto assets like Bitcoin than traditional stocks and ETFs, signaling a shift towards digital assets.
How Renegade Links Traditional Banking and Cryptocurrencies
The Renegade app offers an all-in-one solution with a crypto wallet, exchange, Visa card, and banking features to seamlessly integrate crypto and traditional finance.