Crypto Visual Brief: Markets Calm as $4.3B in BTC & ETH Options Expire

featured 353481

Over $4.3 billion in Bitcoin and Ethereum options will expire today, December 12. BTC is trading above $92,300, with a maximum pain level near $90,000. Data show balanced calls and puts, signaling cautious positioning among traders. Cryptocurrencies remained elevated on Friday as Bitcoin recovered from post-FOMC pullbacks. Although most tokens still trade below their key … Read more

India: Taxes Don’t Automatically Legalize Cryptocurrency Trading

featured 31061

India’s finance minister announced a 30 percent tax on all crypto income, including NFTs Tax chief JB Mohapatra says the move does not equate to legalizing crypto trading in the country In her budget speech on Tuesday, India’s finance minister Nirmala Sitharaman included a provision for a 30 percent tax on crypto-related income, including NFTs, … Read more

Standard Chartered Enables Blockchain Remittances for Bangladeshi Expats

featured 123494

The bank teamed up with other blockchain companies in Bangladesh and Malaysia to deliver the project Standard Chartered, in partnership with Bangladesh’s bKash and Malaysia’s Valyou, announced today the launch of Bangladesh’s first blockchain-based cross-border remittance service. Currently in the final stages of commercial trials, the service is expected to be rolled out soon to … Read more

Australia Post Digital ID Now Lets You Buy and Sell Bitcoin

featured 127107

The Australia Post, the nation’s postal service, has introduced a streamlined system that allows Australians to buy Bitcoin without relying on overseas exchanges or complicated verification procedures. Transactions are conducted in Australian dollars (AUD) using Australia Post’s Digital ID service. The Digital ID platform enables citizens to upload official documents—such as passports and driver’s licenses—to … Read more

Cardano May Drop to $0.32 as Bearish Trend Strengthens

featured 351625

Key points ADA has lost 7% of its value over the past seven days. The coin could incur further losses as the market remains bearish. ADA down 35% in November ADA, the native coin of the Cardano blockchain, rose less than 1% on Tuesday after recovering from a 6% drop on Monday. The bearish momentum … Read more

Scammers Exploit Data Breach at Ledger — What You Need to Know

featured 68388

Attacks began targeting some Ledger users after a major data breach left them exposed After the breach, affected Ledger users turned to social media to express frustration, reporting that the company offered little immediate assistance. Based on user complaints, the attacks started soon after the breach and the number of victims appears to be growing. … Read more

Nasdaq Files Form 19b-4 Seeking SEC Approval for Canary Litecoin ETF

featured 262928

Nasdaq has filed a Form 19b-4 for the proposed Canary Litecoin ETF. The SEC recently requested that Canary Capital amend the S-1 filing for the proposed Litecoin ETF. Canary’s initial filing for the Litecoin ETF was submitted in October 2024. Nasdaq has taken a key procedural step by submitting a Form 19b-4 for the proposed … Read more

Crypto.com Surges Past Key Resistance — Why the Token Could Rally 25%

featured 32326

Crypto.com (CRO) has climbed steadily over the past two weeks, but the token has faced a key resistance level at $0.50. During today’s intraday trading, CRO momentarily broke past that barrier. Will this breakout hold and fuel a steeper rally? Read the analysis below. First, some highlights: At the time of writing, CRO trades around … Read more

Infinex Integrates Wormhole to Power a Multichain DeFi App

featured 236578

Infinex is integrating Wormhole Connect to enable in-app cross-chain token transfers for its users. The DeFi platform will also use Wormhole Queries to strengthen security and support cross-chain asset recovery. Infinex, a platform aiming to broaden access to decentralized finance by offering multic-chain access to protocols and applications, has selected Wormhole as its primary interoperability … Read more

Bitcoin Under Pressure as Gold Targets New All-Time High

featured 332776

A Bitcoin rally attempt failed as it retreated below $112,000. Gold continued a steady, powerful climb, approaching record highs. In August, gold rose nearly 4% while Bitcoin fell more than 5%. A hopeful rally in the crypto market was decisively crushed on Thursday as steady selling throughout the U.S. trading session pushed prices into a … Read more