HMRC Intensifies Crypto Tax Crackdown with 65,000 Warning Letters Sent to UK Investors
HM Revenue & Customs (HMRC) has boosted its search for unpaid cryptocurrency taxes, issuing nearly 65,000 warning letters to investors during the 2024–25 tax year. The number has more than doubled from the previous year, reflecting an expanded effort to enforce tax compliance as digital asset ownership continues to rise across the United Kingdom. Growing […]
Michael Saylor Hints at a New Bitcoin (BTC) Purchase Despite a Decline in Nav
The executive chairman of Strategy Inc. (formerly MicroStrategy), Michael Saylor, has hinted at a new acquisition of Bitcoin (BTC) despite recent headwinds in the cryptocurrency market. This has happened at a time when the company’s net asset value (NAV) has experienced a significant decline. The value of the company is intensely tied to its BTC holdings.
Analyst Says Bitcoin Faces Tough Path as Long-Term Holders Keep Selling
Bitcoin’s recovery could remain sluggish as long-term holders continue offloading their positions, creating persistent sell-side pressure across the market, according to analysts. Key Takeaways: Long-term Bitcoin holders are cashing out, creating sustained sell pressure that’s slowing the market’s recovery. On-chain data shows realized profits hit $1.7B per day while revived supply from old wallets reached […]
Japan’s FSA May Permit Banks to Buy, Hold Crypto and Operate Exchange Services
The Japanese financial regulator is considering to allow banks to purchase and hold digital currencies such as Bitcoin for investment. Per a report by Yomiuri, the Financial Services Agency (FSA) will present the proposal at a working group meeting of the Financial Services Council. Further, the reform aims to align crypto management with traditional financial […]
Major Online Platforms Face Outages Amid AWS Disruption — Coinbase Among Those Affected
Multiple major online platforms — including Snapchat, Amazon, Coinbase, Reddit, Hulu, Electronic Arts (EA), Max, and Xbox Network — faced simultaneous outages early Monday. The widespread disruptions have been linked to issues with Amazon Web Services (AWS), one of the world’s largest cloud computing providers. We’re aware many users are currently unable to access Coinbase […]
Want To Buy ‘Cheap’ Bitcoin? Pundit Reveals Where Whales Will Be Buying
After finishing up its crash over the weekend, the Bitcoin price seems to be stabilizing as market sentiment starts to move positively once again. However, this has not done much to eliminate the bearish expectations that have erupted following the October 10 liquidation event. As opposed to the expectations that the Bitcoin price will see […]
Bittensor Price Resumes Its Rally, Will TAO Hit $564?
In latest Bittensor news, its native token TAO is making headlines with a stunning 10% daily surge landing at $444.97. This sudden upward move was not just another speculative pump. In fact, it is fueled by heavyweight institutional action such as Grayscale’s recent Bittensor Trust filing. And a fresh $10 million injection from Digital Currency […]
Top Crypto CEOs to Meet U.S. Senators on Oct 22 For Roundtable, Full List Revealed
In a major step toward bridging the gap between Washington and the crypto industry, U.S. Senate Democrats are hosting a high-level roundtable meeting on 22nd October with top crypto leaders. Executives from Coinbase, Ripple, Chainlink, Uniswap, and Galaxy Digital will join lawmakers to rebuild trust and restart long-stalled talks on digital asset regulation after months […]
50% to Community, 50% Revenue Buybacks, $2.6B Month
Key Takeaways: SEA token launches in Q1 2026. Half of total supply goes to the community, with more than half of that distributed via an initial claim for OG users and reward-program participants. Built-in demand at launch. OpenSea says 50% of platform revenue at launch will purchase SEA, and the token will be deeply integrated […]
If You’d Invested $500 in Shiba Inu 5 Years Ago, Here’s How Much You’d Have Today
Key Points Every investor has whispered the same question at least once: What if I had bought that quirky thing before everyone else cared about it? Sometimes that thought experiment is just entertainment. Sometimes, as with Shiba Inu (CRYPTO: SHIB), the numbers are so large they stop feeling real. The cute dog meme coin launched […]
Bittensor, Zcash Lead Altcoin Rebound as BNB Rally Cools
In brief Bittensor and Zcash have risen by 10% as Bitcoin rebounds following weekend trading. BNB has taken a backseat as traders book profits and rotate to high-beta altcoins with renewed momentum. Experts remain optimistic but note that the continuation of a bullish outlook is contingent on cooling macro fears. Bitcoin’s weekend rebound has set […]
Crypto Derivatives Surge With XRP In the Spotlight
9h35 4 min read by Luc Jose A. Summarize this article with: ChatGPTPerplexityGrok XRP is making an unexpected breakthrough in regulated markets. Driven by a record third quarter for the CME, derivatives linked to the asset are exploding, attracting a massive influx of institutional investors. Volumes soaring, open interest at its highest: the XRP futures […]