Hong Kong regulators are considering expanding tax breaks to include digital assets like cryptocurrency and the use of artificial intelligence (AI) in the financial sector, according to a report from Bloomberg on October 28. Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, announced that a proposed tax break extension would provide relief […]

Raydium (RAY) has experienced a significant rally over the past month, soaring 83%, with a notable 33% gain in just the last seven days. The token, which serves as the native asset for the Solana-based automated market maker (AMM), reached a 31-month high of $3.59 earlier today, a level not seen since April 2022. Despite […]

Tokyo-listed Metaplanet, a Japan-based early-stage investment firm, has significantly increased its Bitcoin (BTC) holdings to over 1,000 BTC (approximately $67.8 million) as part of its ongoing Bitcoin acquisition strategy. On October 28, Metaplanet announced in an X post that it had acquired 156.7 BTC for about 1.6 billion yen (approximately $10.4 million), bringing its total […]

Amidst the bearish crypto market conditions, Wuffi (WUF) has emerged as the top gainer, surging by 50% in the last 24 hours. The overall global crypto market cap has fallen by nearly 1.4% over the same period, bringing it to $2.38 trillion according to CoinGecko. Both Bitcoin (BTC) and Ethereum (ETH) have shown little movement, […]

The recent upward trend in the market faced a setback last week, with the global cryptocurrency market shedding $70 billion, dropping to $2.28 trillion. This correction came as Bitcoin (BTC) closed the week at the lower end of the $67,000 range, which contributed to the overall market downturn. However, certain altcoins showed strength and resilience. […]

Ryan Berckmans, a member of the Ethereum community, argues that Solana cannot serve as the backbone of a “new global financial system.” He points out that Solana initially marketed itself as a monolithic blockchain capable of handling global transactions on a single chain. However, over time, Solana has shifted its approach, acknowledging the importance of […]

Over the past week, the NFT market has experienced a 7% decline in sales volume, dropping to $89.1 million from the previous week’s $93 million. Despite this drop, the number of NFT buyers surged by over 42%, reaching a total of 702,850 buyers, up from 494,666 last week. Similarly, the number of NFT sellers also […]

Tether, the company behind the world’s largest stablecoin, USDT, has unveiled a unique disappearing statue of Bitcoin’s elusive creator, Satoshi Nakamoto, during the 3rd Annual Plan ₿ Forum in Lugano, Switzerland. The life-sized statue was revealed as part of the event’s celebrations of Nakamoto’s vision and lasting impact on the cryptocurrency world. In a blog […]

When people search for “how to buy crypto” on Google, they are often met with a plethora of resources—articles, videos, guides—that break down the process of purchasing digital assets. For those with a basic understanding of cryptocurrency, this information might spark the interest to take their first steps into the crypto world. However, this enthusiasm […]

October has been a strong month for U.S. spot Bitcoin ETFs, with net inflows surpassing $3 billion, marking the highest demand in the past six months. In the past week alone, spot Bitcoin ETFs saw nearly $1 billion in inflows, with four days of positive flows. A significant portion of these inflows came from BlackRock’s […]