South African exchanges welcome the new ‘crypto is financial asset’ ruling

South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country. The move to... Read more »

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether... Read more »

Binance Burns $444M in BNB Tokens

Key Takeaways BNB Chain burned nearly 2 million BNB tokens in its 20th BNB auto-burn event. Over $444 million worth of tokens were destroyed, bringing the total circulation supply to 161,337,261.09 BNB.... Read more »

How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000

The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching... Read more »

Ryder Ripps hires lawyers ahead of legal showdown with Bored Ape’s Yuga Labs

Bored Ape critic Ryder Ripps and the founder of NFT marketplace Not Larva Labs, Jeremy Cahen, have secured the services of a defense counsel for their upcoming legal tussle with Yuga Labs.... Read more »

US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets

A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world... Read more »

3 reasons why Bitcoin is struggling to flip $20K to support

The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued... Read more »

Kazakhstan imposes new tax rules on crypto miners

The President of Kazakhstan signed a bill to apply a differentiated tax rate based on the energy consumption of crypto miners on July 11. The new bill altered the country’s law on... Read more »

Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners

President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and... Read more »

Bitcoin to make new all-time-highs within 24 months: Coinshares CSO

Bitcoin (BTC) may have further to fall, but CoinShares chief strategy officer Meltem Demirors believes the top cryptocurrency will reach new all-time highs within the next 24 months. Speaking on CNBC’s Squawk... Read more »