Turkey denies plans to tax crypto, stock gains
Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions.
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Bitcoin derivatives suggest $26K resistance level won’t hold for long
The price of Bitcoin (BTC) increased by 28% between March 12-14, reaching $26,500, its highest level since June 2022. Some may attribute the gains to the consumer price index's (CPI) 6% year-over-year increase in February, even though the figure was in line with expectations.The inflation metric reached its lowest level since September 2021, which is…

Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues
Since at least 2023, Bit Digital has been expanding into artificial intelligence and high-performance computing to diversify its revenue beyond crypto mining. 424 Total views 1 Total shares Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into

NYC prosecutor behind Sam Bankman-Fried case resigns: Report
The acting US Attorney for the Southern District of New York reportedly resigned after the federal Justice Department directed her to halt a case against NYC Mayor Eric Adams.

Texas Regulator Issues Cease and Desist Order to Crypto Investment Firm FxBitGlobe
An official notice from Texas State Securities Board, dated April 9, shows that the regulator has issued an emergency cease and desist order against cryptocurrency and foreign currency trading platform FxBitGlobe.According to the order, the firm, which markets itself as an investment company, reportedly published forged government documents, used a fake address and falsely claimed…

Creeping doubts over US gold reserves make case for tokenized commodities
America’s Fort Knox, Kentucky gold reserves haven’t been audited in more than 50 years.

Is the Bitcoin Bull Market in Jeopardy After Failure to Break $12,000?
On August 11 the price of gold and silver showed some corrective movements, the same was seen in the cryptomarket. Bitcoin (BTC) dropped by $700 from $11,800 to $11,100 in one day, marking a short term correction. However, is the overall bullish momentum gone from the crypto markets? Given the strong surges from Chainlink (LINK) and…

The metaverse is real: Zuck’s ‘incredible’ photorealistic tech wows crypto twitter
While critics have been busy writing eulogies for Meta’s metaverse dream over the last few years, Mark Zuckerberg’s latest demonstration of its photorealistic avatars shows it could be pretty far from dead after all.Appearing on a Sept. 28 episode of the Lex Fridman podcast, Zuckerberg and the popular computer scientist engaged in a one-hour face-to-face

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.