by Michael
India demands $86 million in unpaid GST from crypto exchange Binance. Indian law requires 1% TDS on crypto transactions and 30% tax on profits. Binance plans to resume operations in India after being banned in January 2024 for noncompliance. In a significant move,... 
by Michael
Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing $464 million in spot Bitcoin exchange-traded funds (ETFs). This... 
by Michael
Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor caution amid... 
by Michael
Climate scientists in East Africa are integrating artificial intelligence (AI) into traditional weather forecasting methods to enhance the accuracy of extreme weather predictions. The region faces increasing frequency and severity of extreme weather events due to... 
by Michael
Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t be influenced by wealthy individuals’ bets. Polymarket, a predictions... 
by Michael
Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market... 
by Michael
Capula Management, Europe’s fourth largest hedge fund, has disclosed it holds nearly $500 million in spot Bitcoin ETFs. The spot ETF market continues to see increased demand despite Bitcoin’s price woes over the past few weeks. Capula Management, the fourth largest... 
by Michael
Google Pay, Amazon Pay, and Walmart-backed Phonepe are reportedly seeking to join India’s central bank digital currency (CBDC) initiative led by the Reserve Bank of India (RBI). Other fintech firms like Cred and Mobikwik are also seeking participation. These... 
by Michael
WILLEMSTAD, Curacao, August 5th, 2024, Chainwire BC.GAME and Cloud9 Esports extend their existing partnership with Cloud9’s acquisition of the Dota 2 esports team Entity. As part of the deal, the European-based Entity has been renamed Cloud9 BC.GAME Dota 2. Entity is... 
by Michael
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed funds rate following a market downturn. He emphasized the necessity of this cut and suggested another rate cut next month to align with the Federal... 
by Michael
Cryptocurrencies have shed billions of dollars in the past few days as investors remain concerned about Japan, US election, and technical formations. No crypto has been spared, with Bitcoin falling below $50,000 and Ethereum moving to $2,335. Other cryptocurrencies... 
by Michael
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the recent proposal from El Salvador to settle their trade transactions with Russia using crypto,... Page 1,425 of 4,507« First«...102030...1,4231,4241,4251,4261,427...1,4301,4401,450...»Last » Translate »
