Circle’s USD Coin is silently closing the gap to Tether
Tether’s dominance as the largest stablecoin in the crypto space is quietly being eroded by the growth of Circle’s USD Coin (USDC), which now controls around 30% of the stablecoin…
El Salvador Won’t Bow To IMF Pressure To Drop Bitcoin Legal Tender: Treasury Minister
El Salvador’s treasury minister Alejandro Zelaya recently expressed his anger over the International Monetary Fund’s (IMF) sustained pressure to drop Bitcoin (CRYPTO: BTC) as legal tender in his country, and…
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
MicroStrategy bought significantly less BTC in January than in previous months, according to official data.
Is a flip on the cards as USDC crosses $50B milestone, quickly catching up to USDT
Stablecoins, or dollar-pegged crypto assets, comprised around 9.7% of the total crypto market capitalization with a combined market cap of more than $177 billion. That number surged more than 420%…
India to Levy 30% Tax on Crypto Income, CBDC Launch in 2022-23
Indian Finance Minister Nirmala Sitharaman presented the nation’s budget in a speech in parliament on Tuesday.
Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high
Big investors are betting big on Bitcoin price strength, but the same cannot be said for the average exchange user.
Litecoin Releases its Much-Anticipated Fungibility and Scalability Update
Litecoin (LTC) has released its long-awaited fungibility and scalability upgrade Mimblewimble Extension Block (MWEB) after almost two years of development, testing, and auditing. This is considered one of Litecoin’s most…
MicroStrategy Begins 2022 by Spending USD 25M on Bitcoin
US-based software company MicroStrategy said it increased its bitcoin (BTC) stash to BTC 125,051 as it bought an additional BTC 660 for USD 25m.
MicroStrategy buys more bitcoin for $25 million
MicroStrategy continues its bitcoin buying spree. It has bought additional 660 bitcoins for around 25 million in cash. The post MicroStrategy buys more bitcoin for $25 million appeared first on…
India Plans To Regulate Cryptocurrencies With A Hefty 30% Tax On Gains
The government has proposed a steep 30% tax on all gains from digital assets, with no ability to offset losses against any other source of income.
