The world of cryptocurrency is once again buzzing with excitement as Bitcoin, the flagship digital asset, surpassed the $40,000 mark, hitting its highest level in the last 18 months. This surge is attributed to a combination of factors, including growing anticipation for a bitcoin spot ETF approval and a shifting…
The first cryptocurrency company has just made its debut in Abu Dhabi’s stock market with considerable success. Phoenix’s shares jumped 50% after an initial public offering (IPO) worth $371 million. According to one of the company’s Co-Founders, this indicates a growing appetite for financial innovations in the Middle East. Phoenix…
Crypto trading on Robinhood is gaining steam again as the American brokerage revealed a volume surge of 75 percent month-over-month in November. The figure followed a series of consecutive quarters (Q2 and Q3) during which Robinhood experienced a plunge in crypto trading. According to the latest Form 8-K filing, customers’…
Brazilian largest private bank, Itau Unibanco, has made its foray into the cryptocurrency space. The lender is offering cryptocurrency trading service, initially dealing in Bitcoin and Ether, according to a report by Reuters. Itau Unibanco’s expansion into digital assets is based on the evolution of crypto regulations in the Latin…
In the ever-evolving landscape of cryptocurrency, two disparate regions, Madeira and Singapore, offer compelling insights into their approaches to blockchain technology. While both share an interest in fostering blockchain ecosystems, their strategies and regulatory frameworks differ significantly, reflecting the nuanced global perspectives on embracing this transformative technology. Madeira’s Crypto Odyssey:…
Cryptocurrencies have become a popular and lucrative form of investment for many people around the world. However, they also come with tax implications that vary depending on the jurisdiction and the type of crypto activity undertaken. Here, we’re going to explore how to avoid unnecessary taxes and how to remain…
The crypto markets are experiencing a notable uptick as Bitcoin (BTC) surpasses the $40,000 mark for the first time in 18 months, accompanied by Ethereum (ETH) breaching $2,200. These milestones come amidst a subdued but widespread rally in the crypto space. Bitcoin’s resurgence has been attributed to optimistic sentiments fueled…
The US dollar value of Bitcoin has surpassed the $40,000 mark in the early Asian trading hours today (Monday). As of press time, the original cryptocurrency is inching closer to $49,000 apiece, gaining about 3.8 percent in the past 24 hours. With the ongoing rally, Bitcoin crossed the $40,000 level…
The Swiss crypto bank SEBA Bank AG has rebranded to AMINA Bank AG. This move, which was announced on November 30, 2023, has been described by the company as a new era of potential growth for its clients globally. Franz Bergmueller, the CEO of AMINA Bank AG, mentioned: “We are…
A class-action lawsuit against Terraform Labs and its Co-Founders will advance in Singapore. This follows a decision by the High Court to dismiss the defendants’ appeal. It marks an important milestone in a case initiated by Julian Moreno Beltran and Douglas Gan on behalf of multiple parties, the Business Times…
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