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MicroStrategy, led by CEO Michael Saylor, has purchased $75.3 million worth of Bitcoin as prices briefly fell below $75,000. This acquisition adds to the company's significant Bitcoin holdings, which now total over 152,000 BTC. Saylor continues to advocate for Bitcoin as a long-term investment, emphasizing
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Analysts view Donald Trump's nomination of Judy Shelton to the Federal Reserve as a mixed signal for Bitcoin and U.S. liquidity. Shelton's support for a gold standard and skepticism towards traditional monetary policy could influence the Fed's approach to interest rates and money
China
South Korea's financial watchdog is enhancing its artificial intelligence systems to monitor and detect cryptocurrency market manipulation. The Financial Services Commission (FSC) aims to improve its oversight capabilities amid rising concerns over fraudulent activities in the crypto space. The new AI tools will analyze trading patterns and behaviors
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A Nevada court has issued a temporary restraining order against Polymarket, a prediction market platform, due to allegations of operating an unlicensed gaming operation. The order prohibits Polymarket from continuing its activities in the state until further legal proceedings are resolved. The Nevada Gaming Control Board initiated the action, emphasizing
China
Justin Sun, the founder of Tron, has purchased $100 million worth of Bitcoin amid a downturn in the cryptocurrency market. This significant investment comes as many digital assets are experiencing price declines. Sun's move is seen as a strategic bet on Bitcoin's long-term potential, despite the
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CrossCurve is considering legal action following a $3 million exploit of its cross-chain bridge. The incident involved a vulnerability that allowed attackers to manipulate transactions, leading to significant financial losses. The company is currently investigating the breach and has urged users to refrain from using the bridge until further notice.
China
Crypto stocks experienced a decline in pre-market trading as Bitcoin stabilized around the $77,000 mark. This price stabilization follows recent volatility in the cryptocurrency market. Analysts suggest that the current price level may indicate a consolidation phase for Bitcoin. Despite the downturn in crypto stocks, investor sentiment remains cautiously
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India has decided to maintain its current crypto tax framework in the Budget 2026, which includes a 30% tax on profits from cryptocurrency transactions and a 1% tax deducted at source (TDS) on all crypto trades. This decision has disappointed many crypto investors who were hoping for more favorable regulations.
China
Ripple has obtained a full e-money license in Luxembourg, allowing it to offer electronic payment services across the European Union. This license enables Ripple to expand its operations and provide a broader range of financial services to its clients in the region. The approval is part of Ripple's
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Hong Kong is set to issue its first licenses for stablecoin issuers in March, marking a significant step in the region's regulatory framework for digital currencies. The move aims to attract more crypto businesses and enhance the local financial ecosystem. Authorities are expected to implement a comprehensive regulatory
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Bitcoin's price is showing signs of returning to levels seen in 2021, with recent market movements prompting speculation about its future trajectory. Analysts are closely monitoring key resistance levels and potential support zones as BTC approaches the psychological threshold of $30,000. The upcoming Bitcoin halving event is
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Crypto funds experienced a second consecutive week of outflows, totaling $1.7 billion, according to CoinShares. This marks the largest outflow since June 2022, with Bitcoin funds alone accounting for $1.3 billion of the total. The outflows are attributed to ongoing regulatory concerns and market volatility. Despite the downturn,