India Finds Three-Quarters of Crypto Traders Skipped Taxes India’s tax authorities just exposed a massive gap between trading activity and tax compliance: out of 645,000 people who executed crypto trades, fewer than one in four actually declared those trades on their returns. The shortfall is not an oversight; it signals that India’s crypto tax net…
Bitcoin Slides Back to $60K as Oil and Japan Jitters Hit Bitcoin is under fresh pressure, sliding back toward the $60,000 support zone after a week of rising oil prices, new worries about Japan’s economy, and another round of aggressive selling from Strategy. The move comes as macro shocks and leveraged positions collide, forcing traders…
Stablecoins Quietly Take Over $1.1 Trillion in TradFi Trades Binance Research just dropped a report showing that stablecoin-settled perpetual trading in tokenized traditional assets has already crossed $1.1 trillion. This isn’t just crypto traders moving between tokens — it’s real-world markets like stocks, bonds, and commodities being traded 24/7 using stablecoins as the settlement layer….
A Darknet Drug Ring Used Crypto to Hide Its Money—Binance Helped India Freeze Its Assets Indian authorities have frozen crypto assets linked to a darknet drug trafficking operation after receiving assistance from Binance, according to the information provided. The case centers on a drug ring that allegedly used cryptocurrency to move and conceal proceeds from…
Bank of England Stands Firm on CBDC Despite Farage Meeting Governor Andrew Bailey has pushed back against claims that a private meeting with Nigel Farage influenced the Bank of England’s approach to central bank digital currencies. The meeting, which reportedly touched on cryptocurrency policy, has sparked speculation about political pressure on monetary decisions. Bailey insists…
Adam Back’s Bitcoin Treasury Firm Rewrites SPAC Deal Terms Bitcoin Standard Treasury Company and Cantor Equity Partners I are renegotiating their planned merger after market conditions shifted the value of the original deal. The two sides want terms that better reflect current investor appetite and Bitcoin’s price trajectory. The move signals a new phase for…
Stablecoins Quietly Win the TradFi Trading War Binance Research just dropped a bombshell: stablecoin-settled perpetual futures in traditional finance have already smashed through $1.1 trillion in volume. This isn’t retail noise—it’s institutions choosing stablecoins as the backbone for trading tokenized stocks, bonds, and other real-world assets. The report shows stablecoins are no longer just a…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out Russia has outlined new rules for a “digital depository” system as regulators prepare to roll out a broader cryptocurrency framework expected this fall. The move signals that policymakers are working on the market infrastructure needed to support digital-asset activity under a formal regulatory…
Bitcoin Slides Back to $60K as Oil, Japan and Strategy Add Pressure Bitcoin has fallen back to the $60,000 level after a sharp wave of selling triggered by rising oil prices, mounting fears over Japan’s economy, and renewed liquidation from large holders including Strategy. The move has shaken short-term traders who had been counting on…
Bitcoin Stalls at $62K as Oil Spikes and Fed Looms Bitcoin spent the last session pinned near $62,000 while traders squared books ahead of the next Federal Reserve decision and watched oil prices surge on the back of fresh Middle-East hostilities. The move lower in risk assets came just as BTC was testing the upper…
Tokenized Stocks Explode 105% in One Month Trading in tokenized stocks just hit $8.4 billion in a single month — more than double the prior period — as both crypto-native platforms and traditional banks race to turn real shares into blockchain assets. The jump signals that the long-theorized bridge between Wall Street ownership and crypto…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out Russia has published proposed rules for a new category of “digital depositories,” signaling a more detailed approach to how crypto-related assets could be held and administered under a broader regulatory framework expected to roll out in the fall. The draft outlines how these…
Bitcoin Tests $61K as Oil Spikes on Iran Tensions Bitcoin slid toward the $61,000 support line as oil prices jumped on the sudden breakdown of the US-Iran ceasefire and fresh threats of a Hormuz blockade. The move comes as macro risk appetite sours and traders price in higher energy costs that could keep inflation stickier…
Tokenized Stocks Surge 105% to $8.4 Billion Tokenized stock transfers just exploded 105% in a single month, hitting $8.4 billion in volume. What used to be a niche experiment between crypto exchanges and Wall Street is now showing real traction, with both crypto-native platforms and traditional finance giants pushing tokenized equity products into the mainstream….
KALSHI WINS: CFTC LOSES GRIP ON ELECTION BETS Federal judges just handed crypto-linked prediction markets their biggest legal victory yet, striking down the CFTC’s attempt to block Kalshi’s election contracts and exposing the agency’s shaky legal footing over event-driven derivatives. The ruling threatens to widen the cracks in federal oversight of markets that blend politics,…
Bitcoin Dips to $62K as Oil Shock and Fed Fears Collide Bitcoin fell back toward $62,000 after a sudden spike in oil prices, escalating tensions in the Middle East, and a rush by futures traders to cut risk ahead of the Federal Reserve’s next policy meeting. The move underscores how macro shocks can quickly override…
Court Hands Envy Blockchain a Procedural Lifeline A Texas appeals court just opened the door for Envy Blockchain to challenge a lower-court order that could have forced the company to turn over sensitive records in a dispute involving its mining operations. The ruling is a narrow but notable win for the crypto firm, signaling that…
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first Coinbase says it wants to expand its presence in Canada and position itself as an “everything exchange,” but the company argues that clearer regulatory rules are a prerequisite for that growth. The comments underscore a familiar tension in the Canadian crypto…
Bitcoin Dips to $60K as Oil, Japan, and Strategy Pile On Bitcoin has slipped back to the critical $60,000 support zone as three distinct forces converge: surging oil prices, fresh economic jitters from Japan, and another wave of selling from Strategy. The move comes at a time when traders are already on edge, watching for…
CFTC Wins Rare Mandamus Win Over Kraft Court forces judge to let regulators seize trading records in decade-old spoofing probe. The Seventh Circuit just handed the CFTC an unusually blunt procedural victory. After a district judge refused to let the agency subpoena decade-old Kraft trading data, the appeals court ordered him to hand it over….
