Twenty One, a firm specializing in Bitcoin investment and blockchain technologies, is preparing for its public listing on the New York Stock Exchange (NYSE) on December 9. The company aims to leverage growing institutional interest in cryptocurrencies to expand its market footprint and attract diverse investors. Analysts highlight that Twenty One’s NYSE debut reflects broader… Continue reading Bitcoin-Focused Firm Twenty One Set for NYSE Debut on December 9
Category: United States
Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Coinbase has funded a pilot program in New York aimed at testing whether digital assets can serve as a viable mechanism for distributing basic income. The initiative seeks to evaluate how recurring crypto-based transfers impact financial stability, community participation and long-term economic mobility for low-income residents. Designed as a controlled, small-scale experiment, the project will… Continue reading Coinbase Backs New York Pilot Exploring Crypto-Based Basic Income Model
Crypto Crash Erodes Wealth for Trump’s Family and Supporters
The recent downturn in cryptocurrency markets is significantly affecting the financial positions of individuals and entities linked to former U.S. President Donald Trump. Investments tied to digital assets have lost substantial value, impacting both family holdings and supporters who engaged heavily in crypto ventures. Analysts attribute the losses to sharp declines in major tokens, heightened… Continue reading Crypto Crash Erodes Wealth for Trump’s Family and Supporters
Crypto Steps Into the Mainstream: U.S. Explores Allowing Tax Payments in Bitcoin
The U.S. may be on the verge of a significant policy shift as lawmakers and state authorities consider allowing citizens to pay taxes using Bitcoin. The proposal reflects a broader push to modernize public financial infrastructure and integrate digital assets into regulated systems. While supporters argue that crypto-based tax payments could increase efficiency, expand financial… Continue reading Crypto Steps Into the Mainstream: U.S. Explores Allowing Tax Payments in Bitcoin
Japan’s Metaplanet Doubles Down on Bitcoin With Rs. 833 Crore Debt Strategy
In a bold move mirroring the aggressive Bitcoin strategy of U.S.-based MicroStrategy, Tokyo-listed Metaplanet has secured a Rs. 833 crore (approximately USD 100 million) Bitcoin-backed loan to further expand its cryptocurrency holdings. This financing marks a pivotal moment for the firm as it shifts from a traditional business model toward becoming a major corporate participant… Continue reading Japan’s Metaplanet Doubles Down on Bitcoin With Rs. 833 Crore Debt Strategy
Japan and New York City Accelerate Adoption of Cryptocurrency, Paving the Way for a Digital Finance Future
Japan and New York City are at the forefront of global cryptocurrency adoption, signaling a strategic shift toward digital finance integration. Japan continues to expand regulatory frameworks that support blockchain innovation and licensed crypto trading, while NYC is fostering fintech hubs and encouraging institutional participation in digital assets. Both regions aim to balance innovation with… Continue reading Japan and New York City Accelerate Adoption of Cryptocurrency, Paving the Way for a Digital Finance Future
“Bitcoin Jesus” Settles U.S. Tax Dispute for Rs. 4,390 Crore
Craig Wright, known in crypto circles as “Bitcoin Jesus,” has reached a settlement in his long-standing U.S. tax dispute, agreeing to pay $49.9 million (approximately Rs. 4,390 crore) to resolve outstanding claims. The settlement addresses alleged unpaid taxes linked to cryptocurrency holdings and related income, ending years of legal uncertainty for Wright, a controversial figure… Continue reading “Bitcoin Jesus” Settles U.S. Tax Dispute for Rs. 4,390 Crore
U.S. Authorities Seize $15 Billion in Bitcoin from Alleged Cambodian Crypto Fraud Network
In a landmark operation, U.S. authorities have seized approximately $15 billion worth of bitcoin from a vast cryptocurrency fraud network allegedly orchestrated by Cambodian businessman Chen Zhi. Operating under the guise of Prince Holding Group, Zhi’s organization is accused of running extensive “pig butchering” scams, manipulating victims through fake romantic and investment schemes. The operation… Continue reading U.S. Authorities Seize $15 Billion in Bitcoin from Alleged Cambodian Crypto Fraud Network
Global Crypto Market Loses $19 Billion Amid Turmoil Triggered by Trump’s 100% China Tariffs
The cryptocurrency market experienced a sharp downturn this week, erasing nearly $19 billion in value after former U.S. President Donald Trump announced a sweeping 100% tariff on all Chinese imports. The move, which reignited fears of a renewed trade war between the world’s two largest economies, sent shockwaves through global financial markets. Bitcoin, Ethereum, and… Continue reading Global Crypto Market Loses $19 Billion Amid Turmoil Triggered by Trump’s 100% China Tariffs
Xi Jinping’s Retaliation on U.S. Trade Curbs Signals Challenges Ahead for Bilateral Deal
Chinese President Xi Jinping’s recent measures to counter U.S. trade curbs underscore the fragile state of Sino-American economic relations and highlight the complexities of reaching a long-term trade agreement. The move comes in response to renewed tariffs and export restrictions imposed by the U.S., reflecting escalating tensions over technology, intellectual property, and market access. Analysts… Continue reading Xi Jinping’s Retaliation on U.S. Trade Curbs Signals Challenges Ahead for Bilateral Deal