Back to $76K for 2025? 5 Things to know in Bitcoin this week

Singapore’s tax authority has updated its guidance regarding digital tokens, exempting “hobbyist” miners from taxation. 532 Total views 22 Total shares The Inland Revenue Authority of Singapore, or IRAS, issued updated tax guidance for digital tokens on April 17. The guidelines concern payment tokens, utility tokens, security tokens, and tokens issued through initial coin offerings,…

Coinbase recorded around $76 billion in spot trading volume, showing a sharp decline compared to the same quarter in 2022. 65 Total views 1 Total shares The spot trading volume of Coinbase, one of the largest crypto exchanges in the United States, has dropped by more than half, highlighting a shift in interest in crypto

Australian asset manager Monochrome Asset Management has landed the country’s first Australian financial services license (AFSL) for a spot crypto exchange-traded fund (ETF). Speaking to Cointelegraph, Jeff Yew, CEO of Monochrome Asset Management, said the AFSL approval is significant, as until this point, approved crypto ETFs in Australia only operate under general financial asset authorization and…

Ethereum-based traders turn their noses up at Huobi’s latest wrapped assets, including BSV and LTC 467 Total views 14 Total shares Following the success of HBTC -- the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC -- Huobi Global has released the latest in its “H-token” series: Litecoin and Bitcoin SV. However,…

Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on March 23, surpassing its top-ranking rivals Bitcoin (BTC) and Ether (ETH). Litecoin attracts Bitcoin and Ethereum investorsLTC price rallied 5.5% to reach an intraday high of around $92.50. In comparison, the total crypto market capitalization (TOTAL) has risen 2.25% to $1.14 trillion, with BTC and ETH…

Sentencing for the co-founder of the major crypto scam OneCoin has been postponed for a further three months at the request of the United States government.On April 7, the New York Southern District Court approved a motion to adjourn the sentencing control date for Konstantin Ignatov, brother and accomplice of OneCoin co-founder and current fugitive…

The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter. 159 Total views 10 Total shares The Financial Conduct Authority (FCA), the United Kingdom’s financial markets regulator, has again expressed its concern over the lack of engagement on the part of crypto firms that will soon

Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.