India’s tax authorities are intensifying surveillance of cryptocurrency transactions as digital asset trading gains scale and sophistication. A senior tax official has confirmed that regulators are closely tracking evolving trading patterns to ensure adherence to tax and anti-money laundering laws. The move follows the introduction of a 30% tax on virtual digital asset gains and… Continue reading India Tightens Oversight of Cryptocurrency Trading Amid Rising Compliance Concerns
Category: Cryptocurrency
Crypto Disruptor Challenges Asia’s Banking Giants, Redefining the Financial Power Balance
A high-profile cryptocurrency executive is emerging as a formidable challenger to Asia’s traditional banking establishment, escalating tensions between decentralized finance innovators and legacy financial institutions. As digital asset platforms expand lending, payments, and cross-border transfer services, established banks are pushing back with regulatory pressure and competitive countermeasures. The conflict underscores a broader structural shift in… Continue reading Crypto Disruptor Challenges Asia’s Banking Giants, Redefining the Financial Power Balance
Dogecoin Slides as Risk-Off Sentiment Pressures Crypto Markets
Dogecoin declined about 7 percent as investors pulled back from higher-risk digital assets, reflecting broader caution across cryptocurrency markets. The sell-off also affected tokens linked to the Ethereum ecosystem, highlighting how interconnected sentiment has become within the crypto sector. Analysts attribute the downturn to a global shift toward safer assets amid macroeconomic uncertainty and profit-taking… Continue reading Dogecoin Slides as Risk-Off Sentiment Pressures Crypto Markets
Dogecoin Slides as Risk-Off Sentiment Pressures Crypto Markets
Dogecoin declined about 7 percent as investors pulled back from higher-risk digital assets, reflecting broader caution across cryptocurrency markets. The sell-off also affected tokens linked to the Ethereum ecosystem, highlighting how interconnected sentiment has become within the crypto sector. Analysts attribute the downturn to a global shift toward safer assets amid macroeconomic uncertainty and profit-taking… Continue reading Dogecoin Slides as Risk-Off Sentiment Pressures Crypto Markets
Bitcoin’s Pullback Tests Nerves but Reinforces Its Long-Term Investment Case
Bitcoin has retreated more than 35 percent from its record high, slipping well below the $100,000 mark and prompting renewed debate about its near-term direction. The decline comes amid a broader investor shift away from risk-heavy assets, yet market observers note that such pullbacks are not unusual in Bitcoin’s history. Despite the correction, the cryptocurrency… Continue reading Bitcoin’s Pullback Tests Nerves but Reinforces Its Long-Term Investment Case
Ethereum at a Crossroads: Leadership Debate Emerges as Political Winds Shift
A senior Ethereum developer’s proposal for stronger leadership at the Ethereum Foundation has sparked debate about the future direction of the world’s second-largest blockchain network. The suggestion comes amid shifting political dynamics in the United States and expectations of a more favorable regulatory climate for digital assets. After years of emphasizing decentralization and technical development… Continue reading Ethereum at a Crossroads: Leadership Debate Emerges as Political Winds Shift
Bitcoin’s Retreat Erases Post-Election Rally as Crypto Markets Cool
Bitcoin’s prolonged decline has unsettled investors, with the digital asset sliding to around $75,000 and surrendering gains accumulated during last year’s postelection surge. The cryptocurrency has fallen sharply over weekly, monthly and half-year periods, marking a dramatic reversal from its peak near $125,000 in October. The downturn has also erased the so-called postelection “bump” that… Continue reading Bitcoin’s Retreat Erases Post-Election Rally as Crypto Markets Cool
India to Join Global Crypto Reporting Network in Major Transparency Push
India will begin sharing cross-border cryptocurrency transaction data with foreign tax authorities starting April 1, 2027, as part of a global effort to strengthen oversight of digital assets. The move aligns the country with the Crypto-Asset Reporting Framework, an international standard designed to improve tax transparency and curb illicit financial flows linked to virtual currencies.… Continue reading India to Join Global Crypto Reporting Network in Major Transparency Push
Bitcoin Slides Below $70,000, Erasing Post-Election Surge
Bitcoin has fallen below the critical $70,000 level, surrendering all gains recorded after the 2024 U.S. presidential election. The decline reflects mounting pressure on speculative assets as investors respond to tighter liquidity expectations, reduced institutional inflows and broad market risk aversion. Other major cryptocurrencies have also retreated, amplifying losses across the digital-asset sector. Analysts attribute… Continue reading Bitcoin Slides Below $70,000, Erasing Post-Election Surge
Bitcoin Set to Surge: Analysts Predict $100,000 by 2026
Bitcoin is poised for a major breakout, with analysts forecasting its value could reach $100,000 by 2026. This projection is supported by increasing institutional adoption, regulatory clarity, and the cryptocurrency’s inherent scarcity due to its capped supply of 21 million coins. Market experts highlight that rising interest from corporate treasuries, fintech integration, and growing retail… Continue reading Bitcoin Set to Surge: Analysts Predict $100,000 by 2026