US Bitcoin ETFs notch second-largest daily outflow on eve of election
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history.
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India’s Income Tax Department may soon target crypto trades and ecosystem
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments. 408 Total views 33 Total shares As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured.According to ET Now’s report, the tax department, which operates under India’s Ministry of…

Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed
Bitcoin (BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term. Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer (KYC) and Anti-Money Laundering (AML) proposed rules for ”unhosted” private wallets. For instance, exchanges…

Ethereum Climate Platform launches to address the network’s prior PoW emissions
Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires more radical change. 449 Total views 5 Total shares Months after the Ethereum Merge, where the network shifted to the more eco-friendly proof-of-stake (PoS) consensus, the Ethereum community is now shifting its focus to redress…

Jack Dorsey’s Block to supply 3nm mining ASICs to Core Scientific
Block has secured its first sale of newly developed mining chips, co-designed with ePIC Blockchain Technologies and Core Scientific’s collaboration.

'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.

Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.

UK lawmaker’s X account hacked to boost scam ‘House of Commons Coin’
The scam token, called House of Commons Coin, wasn’t a huge success and saw a peak market value of just over $24,000. The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April

China’s blockchain project BSN to pilot global CBDC system in 2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN. 1722 Total views 12 Total shares The Chinese national blockchain project, the Blockchain Service Network, is planning to pilot integration with global central bank digital currencies.According to a Jan. 15 blog post, the…