In Asia, big names are making big moves in crypto. Jack Ma, the founder of Alibaba, is diving deeper into Ethereum. His financial group, Yunfeng, just invested $22 million in a crypto insurance company. This company, Anthea, plans to launch an Ethereum-based life insurance product. Yunfeng also boug
BitMine Immersion Technologies, a company known for holding a massive amount of Ethereum, saw its stock drop by over 5% on October 9. This happened after a well-known investment firm decided to bet against it, a move called short-selling. BitMine, led by Tom Lee, a famous Wall Street figure, is the
The crypto world felt the heat from President Donald Trump's latest move. He said he might slap a huge 100% tariff on Chinese imports. This news sent shockwaves through the crypto market. It led to a massive sell-off. Over $19 billion in crypto assets were wiped out in just one day. More than 1. 6 m
The crypto market is showing a mix of trends and predictions. Bitcoin and Ethereum are trading sideways, while Dogecoin is gaining momentum. Spot Bitcoin ETFs saw a significant inflow of $197. 7 million, but spot Ethereum ETFs experienced an outflow of $8. 5 million. This shows that investors are st
Bitcoin is on a roll, getting close to a new record high. It's been a wild ride, with the price jumping almost 15% this week alone. This surge is part of a bigger trend, as October has always been a good month for Bitcoin. But why is this happening now? Well, it's not just hype. Experts point to so
The US Senate Finance Committee is set to discuss crypto taxes. This comes right after the Treasury and IRS released some new rules to make things easier for companies dealing with crypto under the Corporate Alternative Minimum Tax (CAMT). The CAMT is a 15% tax on big companies' profits, signed int
Adrienne Harris, who led the New York Department of Financial Services (NYDFS) for four years, has decided to step down. She expressed gratitude for the opportunity to serve and highlighted the department's growth under her leadership. In her final interview, Harris backed the idea of a US-UK crypt
Big banks and stock exchanges are getting serious about crypto. They want to give their customers a way to buy and sell digital currencies. But building their own crypto systems is hard and expensive. So, they're turning to companies like Binance for help. Binance is offering a ready-made solution.
In the heart of Singapore, a significant crypto event is set to take place. On October 2nd, from 2 pm to 5 pm, CryptoMondays will host a special gathering during the TOKEN2049 conference. This event is not just any meetup; it's a chance to explore the changing world of managing digital assets. The
The SEC has shaken things up in the crypto world. They've asked companies to pull their old ETF filings. Why? Because they've got a new rule. Now, crypto ETFs can be approved anytime, as long as they meet the right standards. This isn't a step back. It's a faster path to getting these ETFs out there
