Ether (ETH) ETH traded at $2,555.77 on Tuesday, down 3.7% over the past 24 hours after a sharp rejection near the $2,673 level triggered a wave of selling. The downturn follows several sessions of declining momentum and increasing volatility, culminating in a major sell-off late Monday that broke through initial support and left prices trending…
Thailand has announced a significant tax reform to position itself as a leading crypto-friendly nation. On June 17, the country’s Cabinet approved a five-year personal tax exemption on profits from selling digital assets, including Bitcoin. The measure takes effect from January 2025 and will run until December 2029. Deputy Finance Minister Julapun Amornvivat explained on…
Bitcoin’s recent consolidation above the $104,000 mark may be more than just a pause; it could be the final checkpoint before a new all-time high, according to leading market analyst Rekt Capital. As the crypto market braces for a major move, the king cryptocurrency’s ability to hold this critical level could determine whether bulls finally…
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach. As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the…
Ethereum staking has reached a new milestone, with over 35 million ETH now locked across various platforms, according to Dune Analytics data. This accounts for nearly one-third of the crypto’s total supply and reflects a growing preference among holders to earn passive rewards by securing the network. Ethereum Staking (Source: Dune Analytics) Lido remains the…
Ethereum is poised above $2,500 amid massive whale accumulation Also signaling bullish sentiment is the surge to 35 million staked ETH for Ethereum staking. The Ethereum price could rally amid multiple catalysts. Ethereum (ETH) is witnessing a significant surge in staking activity, underpinned by aggressive accumulation from large holders. As whales up their buying pressure,…
Key takeaways SOL is the worst performer among the top 10 cryptocurrencies today, down 3.5% in the last 24 hours. Its poor rally can be attributed to Pump.fun’s account ban on X and the ongoing conflict in the Middle East. Crypto market still reeling from the Middle East crisis The cryptocurrency market has had a…
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025. Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025. Cointelegraph.com News
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3054.04, down 4.1% (-129.21) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: BCH (-1.2%) and BTC (-2.7%). Laggards: ICP (-7.6%) and NEAR…
Fold (FLD), a publicly traded bitcoin financial services company, has secured an equity purchase facility worth up to $250 million to grow its bitcoin BTC holdings. The Arizona-based firm said on Tuesday it signed an agreement granting it the right, but not the obligation, to issue and sell up to $250 million in new shares,…
