Bitcoin buyers wait below $58K as Japan wipes out record stocks crash

Leading figures in India’s crypto industry are reading positive signs from Facebook’s $5.7 billion investment in India's largest mobile operator. 318 Total views 20 Total shares Leading figures in India’s crypto industry are reading positive signs from Facebook’s $5.7 billion investment in India's largest mobile operator. First reported on April 22, Facebook’s deal with Jio Platforms…

Microsoft wants to know if gamers would spend crypto at the Xbox online store. 976 Total views 9 Total shares Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments at its Xbox gaming console online store.According to a March 21 Reddit post on r/XboxSeriesX, Microsoft has put out a survey asking Xbox users…

The Central Bank of Myanmar has urged consumers to stop trading cryptocurrencies amid fears that inexperienced users could lose money, Southeast Asian news outlet The Irrawaddy reported on May 3.In a statement obtained by the website, the central bank said it had received reports of several scams targeting those who lack understanding about virtual currencies.Authorities in Myanmar,…

In this week’s newsletter, read about how nonfungible tokens (NFTs) hosted on the FTX exchange are now showing blank images. Check out how NFTs can solve diamond certification fraud and how the NFT space is held back by oversupply. In other news, find out how celebrities are facing a class-action lawsuit. And don’t forget this…

The Indian tax department head said crypto taxation will help the department evaluate the exact depth of the digital asset market. 134 Total views 3 Total shares The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto…

Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other digital currencies started to move beyond just a store of value or thinking of Bitcoin as a commodity like digital…

New data shows that United States traders are the most active across major crypto exchanges, according to a Feb. 4 tweet from data analytics firm DataLight.The U.S. has the highest distribution of traders — 60 percent — on major crypto exchange and wallet Coinbase, while on Binance, Bittrex and Poloniex, U.S. traders make up 24,…

A South Korean court temporarily lifted the partial business suspension on crypto exchange Upbit that had prohibited the trading platform from servicing new clients for three months.  On Feb. 25, South Korea’s Financial Intelligence Unit (FIU) sanctioned the exchange, imposing a three-month ban on deposits and withdrawals for new clients. The FIU previously said the