South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025

Bitcoin (BTC) is providing overwhelming evidence that it is capitulating, and it is time to flip bullish as a result, new analysis believes.In a Twitter thread on Aug. 3, Charles Edwards, CEO of crypto asset manager Capriole, revealed what he called the “The 12 Bitcoin Capitulations.”“Risk-returns skewed positively” for BitcoinWith BTC price action recovering from…

Venezuela has taken issue with United States sanctions, including those levied against transactions in the country’s national digital currency, the Petro (PTR), according to a World Trade Organization (WTO) consultation request, published Jan. 8.The request, dubbed “United States — Measures relating to trade in goods and services,” was originally filed on Dec. 28. In the…

Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term instead of booking profits. HODLing by institutions is a huge positive as it will continue to reduce Bitcoin's available supply, which may boost prices…

The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. 

ASX abandons blockchain rebuild to explore conventional options to achieve the desired business outcomes as it sends RFP to potential software vendors. Australia's stock market operator has decided to abandon its plans of rebuilding its software platform using blockchain technology, marking a significant rejection of the once-celebrated concept that gained prominence through its association with…

There is a way for crypto exchanges and soccer clubs to work together. Another major soccer club is entering the cryptocurrency industry by tapping a partnership with a cryptocurrency exchange.SS Lazio, an Italian professional sports club, signed a multi-year deal with crypto trading platform StormGain.Announcing the news on Sept. 16, StormGain said that it is…

The U.S. Food and Drug Administration has announced it will study blockchain technology to aid in smarter food security. 1066 Total views 14 Total shares The United States Food and Drug Administration (FDA) released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges. The blueprint,…

The number of Bitcoin whales holding at least 1,000 BTC has been rising for the past few months, according to a report by Glassnode. The report also highlights that the accumulation continued during the recent slump on March 12 and 13 when Bitcoin’s price dropped below $4,000 levels. This suggests that the whales are bullish…

Traders dumped risky assets following the crisis and failure of Silicon Valley Bank (SVB). The S&P 500 Index plunged 4.55% while Bitcoin (BTC) is down about 9% this week. The collapse of SVB led to a crisis in the crypto space with USD Coin (USDC) losing its peg to the U.S. dollar on reports that $3.3…