Crypto News Center

Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025

Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, recently shared his insights on Bitcoin (BTC) and the broader cryptocurrency market. Speaking at the Bitcoin MENA 2024 Conference, Scaramucci predicted that China would likely establish a Bitcoin strategic reserve in 2025. Scaramucci Predicts China Will Follow the US Bitcoin Strategy The former White House Communications director predicted that China would return to BTC mining after years of a blanket ban....

Putin Signs Law to Allow Crypto Trading on Russian Platforms and Mining

Russia has officially legalised crypto mining to circumvent Western sanctions, with the new law regulating and overseeing mining activities. The law enables crypto as a form of payment in foreign exchange and allows the Bank of Russia to create an electronic platform for crypto transactions while retaining the authority to ban risky activities. An experimental regime starting in September 2024 will enable cross-border payments and trading using cryptocurrencies. In a...

HMRC Can’t Value Seized NFTs Seized in 2022

By Mark Hunter 5 days agoFri Nov 29 2024 08:17:29 Reading Time: 2 minutes The UK’s tax authority, HM Revenue and Customs, is still trying to figure out how to value three NFTs sized in a 2022 investigation Two years on, the agency has yet to determine how to accurately value the assets The agency remains tight-lipped about the NFTs’ current status, citing security and compliance concerns The UK’s tax...

XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10

XRP's price surged this week after Ripple scored a "victory," Donald Trump Jr. announces plans to launch crypto platform, and other news. by Editorial Staff 10 min August 10, 2024 Share Share Share Share Top Stories of The Week XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’ The price of XRP surged 26% as a New York federal judge moved closer to ending a three-year securities lawsuit...

MoonBag Stands Out as Top Meme Coin Presale, Leads the Altcoin Wave with Arcblock and Binance Coin

What makes a meme coin stand out in a crowded market? Could it be its unique features, community support, or perhaps its liquidity strategy? Given the popularity of meme coins and their presales, these questions have plagued investors, with many scouring the meme coin market for the perfect one. The MoonBag crypto has captured the attention of investors, proving to be a formidable player in the meme coin market. Boasting...

Bitcoin funding rates showcase market sentiment shifts from 2021 to 2024

Bitcoin funding rates showcase market sentiment shifts from 2021 to 2024 News Desk · 5 days ago Onchain Highlights DEFINITION: The average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative, short positions periodically pay long positions. Bitcoin futures perpetual funding rates across all exchanges offer a comprehensive view of market...

FLOKI PRICE ANALYSIS & PREDICTION (July 16) – Floki Is Up 12% But Looks Calm After Facing Small Rejection, What Next?

Following a significant increase in major altcoins lately, Floki is gaining serious traction as new money flows into meme coins. It posted 15% gains earlier today but has retraced slightly due to a rejection. After breaking down from a 15-day consolidation phase to a low of $0.000122 two weeks ago, Floki bounced off quickly and reclaimed the lost $0.00015 zone – it suppressed buying and the volatility dropped. Floki calmly...

XRP Rallies 90% in Past Week, Solidifies Third Spot With $154 Billion Market Cap

XRP is rallying, gaining 90% in the past week and reaching US$2.71 after a challenging period during the last bull market. Positive shifts in the US political landscape with Trump’s election and potential regulatory changes are boosting XRP’s market performance. With the departure of SEC Chair Gary Gensler many are hoping this will lead to favourable outcomes for XRP and a drop of the lawsuit. XRP has overtaken Tether in...

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin

A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit Ruja Ignatova, the Bulgarian mastermind behind the $4.5 billion Onecoin cryptocurrency scam, is now under...

New bill pushes blockchain use in US Veterans Affairs

A lawmaker in the United States has introduced a new bill to promote blockchain integration in the Department of Veteran Affairs (VA). The bill by Rep. Nancy Mace (R-SC) directs the VA to study the power of blockchain technology and how it can be used to enhance efficiency and cut costs for the department. The proposed bill titled “Veterans Affairs Distributed Ledger Innovation Act of 2024” states that blockchain could...