Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,271,797,737,915.91
  • 24h Vol: $74,869,904,537.83
  • BTC Dominance: 56.06%
digital-assets-worth-2-billion-rubles-issued-in-russia-in-less-than-a-year

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrencies, Cryptocurrency, DFA, DFAs, Digital Assets, digital financial assets, Ethereum, Instruments, Investors, Law, market, News, Regulation, Russia, russian, Value, volume / / / , , , , , , , , , , , , , , , ,

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to […]

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Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, extradition request, Law Enforcement, Monero, Regulation, Riccardo Spagni, Supreme Court of Appeal / / / , , , , ,

The Supreme Court of Appeal (SCA) in South Africa has rejected former Monero lead maintainer Riccardo Spagni’s bid to have it declare his extradition from the United States to South Africa illegal. In its ruling, the Supreme Court of Appeal insisted that Spagni did not sufficiently argue for the voiding of the extradition process. Spagni

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India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions

Leave a Comment / Bitcoin, cross border CBDC, Crypto Hacked, Cryptocurrency, digital rupee, Ethereum, India, india central bank digital currency, India UAE, India UAE central bank digital currencies, RBI, rbi cbdc, rbi central bank digital currency, Regulation, UAE, UAE central bank digital currency / / / , , , , , , , , , , ,

India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India

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Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’

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Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday after the bank failed to raise capital from its largest

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Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

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Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made this past weekend,” the famous investor

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UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents

Leave a Comment / annual budget, banking sector, Bitcoin, British financial system, combat tax evasion, criminal offenses, crypto assets, Crypto Hacked, Cryptocurrency, Cryptocurrency Assets, cryptocurrency investors, economic stability, Ethereum, Exchequer, Finance Minister, Government Gateway Service, industry, Internal Revenue Code, Jeremy Hunt, Joe Biden, loophole, proposed changes, public services, Section 1031, self-assessment tax forms, Silicon Valley Bank, spring 2023 budget, tax avoidance, tax policies, tax records, tax year, Taxes, taxes UK crypto, taxpayers, Transparency, Treasury, U.K. subsidiary, UK crypto taxes, UK Taxes, United Kingdom, US President / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s

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Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

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After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value,

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British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams

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On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious Approach Towards Crypto Assets Prompts Another Transfer Limit Amid the banking

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Openai’s GPT-4 Launch Sparks Surge in AI-Centric Crypto Assets

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Following Openai’s release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours. Over the last seven days, four out of the top five AI-centric digital currencies have seen double-digit gains against

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Biggest Movers: ATOM, SOL Remain Close to Multi-Week Highs, as Markets Consolidate Recent Gains

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Cosmos climbed by as much as 5% in Wednesday’s session, as the token remained close to a multi-week high. Cryptocurrency markets consolidated recent gains in today’s session, with the global market cap down by 0.24% as of writing. Solana continued to trade above $20.00, as prices consolidated. Cosmos (ATOM) Cosmos (ATOM) was once again in

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