Mobile banking app Dave scores $100M investment from FTX US
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App. On March 21, mobile banking application Dave announced a…
Goldman Sachs completes first OTC crypto options trade with Galaxy
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021. American investment bank Goldman Sachs continues to expand its cryptocurrency trading…
Indian crypto tax policy to treat each digital asset investment independently
The government intends to treat each crypto trading pair transaction separately, deterring traders as it would only tax their profits without accounting for the losses. Indian crypto tax policy became…
Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception. The Bitcoin…
NeoNexus founder pulls the plug on popular Metaverse NFT project
Estimates suggest the metaverse project raised 25,000 SOL at its NFT mints, earning between $2 to $4 million. The founder of NeoNexus, a Solana-based NFT project, has stated the team…
Bitcoin mining could be good for US energy independence: Research
Texas representative Pete Sessions made a simple yet powerful statement that the proliferation of the Bitcoin mining industry could promote energy independence in the country. Republican Congressman Pete Sessions from…
The rise of crypto analytics: Data provider The TIE valued at $100M following Series A
As more institutions look to trade digital assets like Bitcoin and Ether, data analytics is becoming increasingly important. Digital asset analytics provider The TIE has closed a strategic investment round…
Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto…
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central…
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…
OCEAN gains 86.4% in March ahead of Q2 launch of Ocean v4
The highly anticipated protocol upgrade, combined with a growing partner base and an active grants program, has given life to OCEAN. Data security and accessibility have become important issues of…
SEC pushes decisions on WisdomTree’s and One River’s applications for spot Bitcoin ETFs
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and One River’s to June 2. The United States Securities and…
Bitcoin ‘could easily see $30K’ with stocks due to 30% drawdown in 2022 — Analyst
The Fed has to take action on inflation, Mike McGlone warns, as German PPI data shows the highest inflation since records began in the 1940s. Bitcoin (BTC) opened the Wall…
El Salvador seems to delay its ‘volcano bonds’ launch
The government has repeatedly announced that its “volcano bonds” would launch by March 20, but it has apparently failed to deliver. Considering the absence of any official announcements, El Salvador’s…
Crypto Stories: Pakistani crypto billionaire wants his country to be less reliant on credit
A former reality TV host with millions of followers on YouTube became one of Pakistan’s biggest crypto proponents, and hopes to help his country shine again. When YouTube was banned…