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Bitcoin Falls to $94,000 as Market Sees Over 9 Percent Drop Following Trump's New Tariff Decisions
US President Donald Trump has announced new tariffs on imports from China, Mexico, and Canada, triggering heightened volatility in the crypto market over the weekend. As a result, most cryptocurrencies, including Bitcoin and Ether, are trading in the red on Monday, February 3. Over the past 24 hours, the total cryptocurrency market capitalisation h...
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US President-Elect Donald Trump Says US Will 'Do Something Great With Crypto' at NYSE
Donald Trump hinted that in the coming times, crypto related steps will be made part of traditional financial practices, while ringing the opening bell at the New York Stock Exchange. He said that he wishes for US to establish itself as a crypto adopter before other countries like China does.
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
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Hong Kong Said to Be Close to Approving Its First Spot Bitcoin ETFs
Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.
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ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
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BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
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US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
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Disney+ Drops "The Simpsons" Episode With China Reference. Here's Why
Episode 2 of the US animated hits' 34th season included the line: "Behold the wonders of China. Bitcoin mines, forced labour camps where children make smartphones, and romance."
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Huobi to Be Acquired by About Capital, Co-Founder Leon Li Sells Stake in Crypto Exchange: All Details
Huobi Co-Founder Leon Li has sold his stake in the crypto exchange to a buyout firm managed by About Capital Management, and will be stepping away from the company's business. The exchange retreated from China in recent years and was once the most active Bitcoin trading platforms on the globe. Huobi has since accelerated its expansion into overseas...
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Hacker Puts 23TB Database Claimed to Contain Personal Data of Millions of Chinese Citizens for Sale
A hacker who has claimed to have stolen the data of a billion Chinese citizens has begun selling the data online. The alleged 23TB database was advertised on a forum late last month and picked up by cybersecurity experts this week. A sample of 7,50,000 entries shows citizens' names, mobile phone numbers, national ID numbers, addresses, birthdays an...
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Bitcoin Bulls Ensure Climb to $31,600 Territory as Altcoins Aim to End May on a High
Cryptocurrency prices today saw bulls pushing Bitcoin beyond the $31,600 (roughly Rs. 24.5 lakh) mark as China decides to ease Covid curbs. Ether and several other major altcoins saw a major uptick in value to end the month after a sharp decline throughout the month of May.
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China's Bitcoin Mining Activity Sees Major Resurgence Despite Ban, Shows Data
China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF).
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Shanghai High Court Categorises Bitcoin as Virtual Property Subject to Legal Protection
The Shanghai High People’s Court has classified the world’s largest cryptocurrency, Bitcoin, as a virtual property protected by Chinese law in conclusion to a pending case which involved the settlement of a loan acquired in BTC.
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Russia Open to Bitcoin Payments for Energy Exports, Claims Energy Chief Pavel Zavalny
The Russian Federation's energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.
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Bitcoin, Ether Jump to Profits Ushering Majority Cryptocurrencies on Gain Trail
The overall crypto market showed recovery today. Bitcoin and Ether rallied with gains along with Binance Coin, Polkadot, Polygon, and Ripple. Stablecoins such as Tether and USD Coin saw losses, but only minor.
-
Bitcoin Falls to $94,000 as Market Sees Over 9 Percent Drop Following Trump's New Tariff Decisions
US President Donald Trump has announced new tariffs on imports from China, Mexico, and Canada, triggering heightened volatility in the crypto market over the weekend. As a result, most cryptocurrencies, including Bitcoin and Ether, are trading in the red on Monday, February 3. Over the past 24 hours, the total cryptocurrency market capitalisation h...
-
US President-Elect Donald Trump Says US Will 'Do Something Great With Crypto' at NYSE
Donald Trump hinted that in the coming times, crypto related steps will be made part of traditional financial practices, while ringing the opening bell at the New York Stock Exchange. He said that he wishes for US to establish itself as a crypto adopter before other countries like China does.
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
Hong Kong Said to Be Close to Approving Its First Spot Bitcoin ETFs
Spot bitcoin exchange-traded funds could be launched in Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said.
-
ED Files Charges Against Chinese-Origin Directors, Others in Crypto Mining App Case
A charge-sheet has been filed under the anti-money laundering law against 299 entities, including 10 persons of Chinese origin, in an investigation linked to alleged duping of investors in the name of mining cryptocurrencies such as Bitcoins, the Enforcement Directorate said on Wednesday.
-
BTC-Accepting Businesses Rose by Over 170 Percent in 2023, Some Also Identified in India: Report
Over 6,000 businesses were identified around the world last year for accepting Bitcoin payments for their products and services. While most of these businesses were identified on BTC Maps in Italy, India also reflected a small number of pro-crypto businesses that maybe accepting BTC payments.
-
US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
-
Disney+ Drops "The Simpsons" Episode With China Reference. Here's Why
Episode 2 of the US animated hits' 34th season included the line: "Behold the wonders of China. Bitcoin mines, forced labour camps where children make smartphones, and romance."
-
Huobi to Be Acquired by About Capital, Co-Founder Leon Li Sells Stake in Crypto Exchange: All Details
Huobi Co-Founder Leon Li has sold his stake in the crypto exchange to a buyout firm managed by About Capital Management, and will be stepping away from the company's business. The exchange retreated from China in recent years and was once the most active Bitcoin trading platforms on the globe. Huobi has since accelerated its expansion into overseas...
-
Hacker Puts 23TB Database Claimed to Contain Personal Data of Millions of Chinese Citizens for Sale
A hacker who has claimed to have stolen the data of a billion Chinese citizens has begun selling the data online. The alleged 23TB database was advertised on a forum late last month and picked up by cybersecurity experts this week. A sample of 7,50,000 entries shows citizens' names, mobile phone numbers, national ID numbers, addresses, birthdays an...
-
Bitcoin Bulls Ensure Climb to $31,600 Territory as Altcoins Aim to End May on a High
Cryptocurrency prices today saw bulls pushing Bitcoin beyond the $31,600 (roughly Rs. 24.5 lakh) mark as China decides to ease Covid curbs. Ether and several other major altcoins saw a major uptick in value to end the month after a sharp decline throughout the month of May.
-
China's Bitcoin Mining Activity Sees Major Resurgence Despite Ban, Shows Data
China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF).
-
Shanghai High Court Categorises Bitcoin as Virtual Property Subject to Legal Protection
The Shanghai High People’s Court has classified the world’s largest cryptocurrency, Bitcoin, as a virtual property protected by Chinese law in conclusion to a pending case which involved the settlement of a loan acquired in BTC.
-
Russia Open to Bitcoin Payments for Energy Exports, Claims Energy Chief Pavel Zavalny
The Russian Federation's energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.
-
Bitcoin, Ether Jump to Profits Ushering Majority Cryptocurrencies on Gain Trail
The overall crypto market showed recovery today. Bitcoin and Ether rallied with gains along with Binance Coin, Polkadot, Polygon, and Ripple. Stablecoins such as Tether and USD Coin saw losses, but only minor.
