Sneha is a crypto enthusiast who loves turning complex crypto news into simple and clear information. She enjoys sharing the latest updates in the crypto world through engaging content that informs and keeps readers interested.
India is losing significant revenue due to its current crypto taxes policies, as revealed in a report by the Esya Centre. The country missed out on ₹6,000 crore in taxes as crypto traders moved to foreign platforms. If the policies remain unchanged, India could lose an additional ₹17,700 crore over
December 24, 2024 2 mins read
XRP Leads Binance Futures In December 2024, XRP has become the most traded alternative cryptocurrency on the Binance exchange, according to analyst. It has recorded over $116.6 million in trading volume on Binance Futures, outpacing other altcoins. This increase in trading volume comes during a time when many cryptocurrencies, including
December 24, 2024 2 mins read
Once a powerful alliance, Donald Trump and Elon Musk are heading for a split? the consequences could ripple across the political and tech landscapes. Their joint project, the Department of Government Efficiency (D.O.G.E.), aimed at cutting $2 trillion in government spending, now faces an uncertain future. Musk’s influence during Trump’s
December 23, 2024 2 mins read
Sam Bankman-Fried (SBF) faces 25 years in prison after being convicted of financial fraud. Yet, rumours are swirling about his possibly receiving a presidential pardon from President Joe Biden. This speculation gained traction after billionaire Elon Musk weighed in, saying he would be “shocked if this doesn’t happen.” FTX collapsed
December 23, 2024 2 mins read
Interpol has issued a Red Notice for Richard Schueler, the founder of Hex, over allegations of tax fraud and assault. A Red Notice is a global request for law enforcement to locate and provisionally arrest someone, although it is not the same as an international arrest warrant. Finnish authorities are
December 22, 2024 2 mins read
In recent days, the potential of quantum computing to disrupt Bitcoin’s security has become a hot topic. While the idea of advanced quantum computers breaking Bitcoin’s cryptography may sound alarming, many experts in the field believe these concerns are premature and often exaggerated. Key voices in cryptocurrency, such as Ki
December 22, 2024 3 mins read
Michael Saylor, the CEO of MicroStrategy and a strong Bitcoin supporter, has introduced a new proposal for the U.S. government called the “Digital Asset Framework.” This plan aims to boost the U.S. economy, enhance the value of the U.S. dollar, and position the country as a leader in the global
December 21, 2024 2 mins read
Bitcoin saw a price jump, gaining $7,000 in less than 24 hours. It bounced back from lows near $92,000 and came close to hitting $100,000, with a high of $99,500 on Bitstamp. This rise was mainly driven by strong buying on Coinbase, which helped push prices higher despite the lack
December 21, 2024 2 mins read
The crypto global market has witnessed plenty of developments and twists in the year 2024, right from Bitcoin’s long-awaited goal of $100K to even the approval of Bitcoin ETFs. January: The SEC Approves Bitcoin ETFs The U.S. SEC has approved 11 Bitcoin ETFs. Now, the investment community can own the
December 21, 2024 10 mins read
El Salvador has been purchasing 11 BTC for $1 million, a day after reaching a $1.4 billion loan agreement with the International Monetary Fund (IMF). This purchase adds to the country’s growing Bitcoin reserves, totalling nearly 6,000 BTC, valued at around $580 million. However, this move comes at a critical
December 20, 2024 2 mins read