Vaibhavv Ali
Thailand is rolling out a new initiative called TouristDigiPay, allowing foreign visitors to use cryptocurrencies for payments in Thai baht. The program, announced by the government, aims to revitalize the country’s tourism sector, which has seen a slowdown. The full details of the initiative will be revealed at a press conference by Finance Minister Pichai … Read more
India’s top tax body, the Central Board of Direct Taxes (CBDT), is consulting with local cryptocurrency firms to address the country’s current digital asset policies. The CBDT is questioning whether the existing 1% tax-deducted-at-source (TDS) on every sale is too high and has also inquired about the impact of the 30% flat tax on market … Read more
Metaplanet, a prominent Japanese company, has once again increased its Bitcoin holdings, acquiring an additional 775 BTC. This latest purchase brings its total reserve to 18,888 BTC, valued at approximately $2.18 billion. The company’s strategy, which began last year, is to use Bitcoin as a treasury reserve, mirroring the approach of U.S. firms like MicroStrategy. … Read more
The crypto market is seeing a major influx of liquidity, with the total stablecoin supply on the Ethereum (ETH) network reaching an all-time high of approximately $130 billion. This surge, which has been trending upward since August 2023, is being driven by several factors, including recent legislative clarity from the U.S. Congress with the passing … Read more
Taiwan-listed electronics manufacturer WiseLink has become the first company in the country to officially adopt a Bitcoin treasury strategy. This move highlights a growing trend among Asian companies to integrate digital assets into their corporate reserves for diversification and strategic growth. WiseLink’s commitment began with a $10 million investment in Top Win International Limited through … Read more
Chainlink’s native token, LINK, recently experienced a significant 18% price jump, outperforming most top cryptocurrencies and reaching $26.05. This rally is being fueled by a combination of strong market momentum and key fundamental developments, leading many analysts to see it as a top performer with further potential. Key Drivers Behind the Rally Positive Market Sentiment: … Read more
Recent market volatility has seen the total crypto market cap drop by approximately $220 billion since August 14, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant outflows. While Bitcoin’s market cap loss was larger in dollar terms, Ethereum took a harder hit in percentage terms, dropping 8% compared to Bitcoin’s 5%. This indicates that Ethereum … Read more
Recent market rallies have intensified the debate over whether Bitcoin can challenge gold’s position as the world’s leading store of value. With a market capitalization of $2.34 trillion, Bitcoin currently stands at about 10.09% of gold’s massive $23.22 trillion market cap. Analysts predict that for Bitcoin to overtake gold, its price would need to soar … Read more
Binance and Mastercard have partnered to launch a new service in the European Economic Area (EEA) that allows users to instantly convert their cryptocurrencies into euros and withdraw the funds directly to a Mastercard. This innovative service, powered by Mastercard Move, drastically simplifies and speeds up the process of accessing crypto funds. The new feature … Read more
As of January 2025, governments across the globe collectively hold around 471,000 Bitcoin (BTC), valued at over $16.37 billion. This represents 2.5% of the total Bitcoin supply. Governments are acquiring these assets through criminal seizures, strategic purchases, and even public donations, recognizing Bitcoin’s potential as both a financial asset and a tool for economic modernization. … Read more