India’s proposed crypto tax law will take effect on April 1 this year. Ashish Singhal, co-founder and CEO of India’s largest crypto exchange CoinSwitch Kuber, described the country’s crypto tax law as “a step backwards.” Singhal expressed his disappointment on Monday after authorities issued clarifying guidance about the crypto tax rules that come into force … Read more

Worldcoin, an AI-driven token backed by Sam Altman, is reported to launch on Monday. Its launch comes as interest in AI grows, a trend that has also helped recently introduced AltSignals gain attention. With strong demand expected, AltSignals’ value could surge if its token lists on exchanges. Artificial intelligence is increasingly being applied to finance … Read more

Tether announced a strategic $1.5 million investment in Sorted Wallet on September 19. Sorted Wallet will use the funding to expand its services across Africa and Southeast Asia. Tether is the company behind USDT, one of the world’s leading stablecoins. Tether invested $1.5 million in Sorted Wallet, a digital wallet platform focused on driving crypto … Read more

Binance Coin (BNB) has shown a strong recovery over the past few days as the broader cryptocurrency market rebounds. BNB climbed to around $300, reaching its highest level since November 11 of this year, representing a gain of more than 18% from its monthly low. Why BNB is rallying BNB is the native token of … Read more

Oklahoma joins Texas, Pennsylvania, Ohio, New Hampshire and North Dakota in proposing bitcoin reserves If the bill passes, state savings accounts and pension funds would be allowed to invest in BTC Oklahoma has become the latest U.S. state to pursue a strategic bitcoin reserve after Representative Cody Maynard officially introduced the “Strategic Bitcoin Reserve Act.” … Read more

Major Shanghai-based banks favor China’s digital yuan over other popular payment methods According to a recent report, six of China’s leading banks have expressed support for the country’s digital currency. The group includes Bank of China, China Construction Bank, Industrial & Commercial Bank of China and Agricultural Bank of China. Ahead of the Chinese shopping … Read more

Status, an innovative project that introduced a decentralized browser built on the Ethereum blockchain with integrated chat and wallet features, recently closed a $100 million funding round through the sale of its SNT tokens. Following the token sale, Status announced several major developments: the appointment of former Google product manager Nabil Naghdy as chief operating … Read more

After enduring selling pressure earlier this year, the cryptocurrency market has staged a sharp recovery this month. While this rally is a positive sign that the market is moving in the right direction, it also creates attractive entry points for short sellers. Here are the key points to keep in mind. As most coins have … Read more

Solana (SOL) saw a modest rebound on June 19, trading near $141 after a recent pullback that forced bulls to defend the $130 level earlier in the week. Despite the bounce, SOL remains over 20% lower than it was a month ago. Julien Bittel, head of macro research at Global Macro Investor, says Solana appears … Read more

Bitbot sparked FOMO with its self-custody features. The project is running a $100,000 airdrop that awards $1,000 to winners. BITBOT claims up to 100x potential amid presale hype and unique strengths. Cryptocurrency trading via Telegram bots reached a turning point in 2023 after the successful launches of popular tokens like Banana Gun and Unibot. Both … Read more