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Indian traders receive notices as regulators ramp up crypto tax evasion scrutiny
The Income Tax Department of India has intensified its crackdown on the crypto industry by sending more than 44,000 tax notices to those who did not report income or transactions related to virtual digital assets (VDAs). The Central Board of Direct Taxes (CBDT) clarified that the measures are part of a wider initiative to decrease […]Cryptopolitan
Thu, Aug 7
Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang Aug 7 (Reuters) - Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.Ripple, a crypto company that is...Reuters
Thu, Aug 7
Bitcoin Owners In The US On Track To Hit 100 Million, Says JD Vance
Bitcoin adoption in the United States is accelerating at an unprecedented pace, with several big companies and individuals steadily buying the flagship asset. The growing adoption in the US is evidence of the unwavering desire to own BTC, with the aim of hedging against failing financial systems. A ...Bitcoinist
Thu, Aug 7
Spot Ethereum ETFs Are Bleeding With Record Outflows, ETH Price To Crash Below $3,000?
The Spot Ethereum ETFs have recorded significant outflows recently, sparking a bearish sentiment for the ETH price. These outflows also come at a time when the altcoin has dropped from a six-month high of $3,900 and looks to retest the psychological $3,000 level. Ethereum ETFs See Record Outflows Pu...NewsBTC
Thu, Aug 7
BestChange restrictions lifted as popular crypto exchange aggregator returns to Russia
Russian authorities are unblocking BestChange’s website, a popular cryptocurrency exchange data provider in the Russian-speaking segment of the market. The decision, made by the Bank of Russia, comes a few months after regulators restricted access to the platform and forced BestChange to remove some features for Russian residents. Bank of Russia unblocks BestChange domains Online […]Cryptopolitan
Thu, Aug 7
Binance’s Ethereum holdings dips by almost 10% in latest proof of reserves
Binance has published its latest Proof of Reserves report, showing mixed results across major cryptocurrencies. The exchange’s Ethereum holdings fell by nearly 10% between July and August snapshots, while Bitcoin reserves grew modestly. On the other hand, USDT maintained stable growth patterns during the same period. Ethereum reserves face largest decline among major assets The […]Cryptopolitan
Thu, Aug 7
This Viral Cardano Rival Could Explode From $0.09 To $3 – Is Remittix (RTX) The Best Crypto To Buy Now?
The ADA price has been quietly building momentum in recent days, and Cardano bulls are now pointing to a possible trend reversal. Crypto traders and commentators on X (previously Twitter) have begun to speculate on whether Cardano’s extended consolidation would lead to an explosive breakout. However, the most significant buzz in the crypto space this […]Cryptopolitan
Thu, Aug 7
EXCLUSIVE-Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang Aug 7 (Reuters) - Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.Ripple, a crypto company that is...Reuters
Thu, Aug 7
Researchers expose Ethereum drainers posing as trading bots to steal crypto
SentinelLABS reported cryptocurrency scams using fake trading bots to drain Ethereum and other coins. The scammers reportedly use old YouTube accounts and strategically placed comments to create a false perception of legitimacy to target crypto traders through social media and video content distribution. The threat actors advertise fake crypto trading bots through YouTube videos targeting […]Cryptopolitan
Thu, Aug 7
Ethena Price Forecast: ENA bullish case returns as open interest climbs back to $1 billion
Ethena (ENA) is extending intraday gains on Thursday, trading at around $0.63 at the time of writing, up more than 5% on the day. The token upholds a short-term bullish structure amid a renewed increase in Open Interest that could boost ENA toward the key resistance at $0.70.Fxstreet
Thu, Aug 7
Could XYZHit $1 Before XRP and ADA? Analysts See 3,000% Upside Potential
Speculation is growing about the potential of XYZ reaching $1 ahead of well-known coins like XRP and ADA. Experts point to a possible surge of 3,000%, making XYZ one of the most watched digital tokens right now. Market observers are eager to see which coin will break key price levels first and why XYZ stands […]Cryptopolitan
Thu, Aug 7
Man Who Threw Away $1 Billion In Bitcoin Debunks Rumors, Here’s The Progress
James Howells, the British man who famously lost access to 8,000 Bitcoin in a 2013 landfill accident, is setting the record straight. Taking to X (formerly Twitter), Howells pushed back against recent social media claims that he has abandoned his search. He firmly denied the rumors and revealed a ne...NewsBTC
Thu, Aug 7
If Bitcoin Hits $1 Million, This Could Be America’s Biggest Public Firm
According to reports, BitMine Chairman Tom Lee said that Strategy’s bet on Bitcoin could one day push it to the very top of the stock market. He pointed to the company’s massive crypto holdings as the key driver of its value. Related Reading: Crypto Could Be Shielded By Trump’s Planned Executive Ord...Bitcoinist
Thu, Aug 7
Crypto Today: Bitcoin sails through $115,000, Ethereum $3,700, XRP $3 as Trump tariffs take effect
Cryptocurrency prices are showing signs of a potential recovery on Thursday, with Bitcoin (BTC) stepping above the $115,000 level from an intraday low of $114,259. Altcoins, including Ethereum (ETH) and Ripple (XRP), are also edging higher, albeit to a lesser degree.
Bitcoin miner Cipher's Q2 net loss at $46 mln
OverviewCipher Mining Q2 revenue of $44 mln, adjusted earnings $30 mlnCompany reports net loss of $46 mln, or $0.12 per shareCipher Mining's Black Pearl Phase I exceeds growth targets, boosting capacityOutlookCipher expects self-mining capacity to reach ~23.5 EH/s by Q3 endCompany plans to monet...Reuters
Thu, Aug 7
Crypto Market Turns Green as Bitcoin Hyper Presale Climbs Towards $7.5M
The crypto market’s flashing green again, and not just on your watch list. Most of the top ten tokens on CoinMarketCap have posted solid daily gains, with $BTC pushing above $116K, $ETH climbing past $3.8K, and $SOL jumping over 5% in the past 24 hours. Even the Fear & Greed Index is creeping to...Bitcoinist
Thu, Aug 7
BlackRock Dumps Ethereum, Over $375M in a Single Day – Is the ETH Price Set to Fall?
Ethereum price is facing some challenges after BlackRock, one of the biggest asset management firms, sold over $375 million worth of Ethereum in just one day. This move has made some investors nervous, wondering if the Ethereum price will drop even more. Meanwhile, Remittix (RTX), a fast-growing cryptocurrency, has been seeing impressive gains, already up […]Cryptopolitan
Thu, Aug 7
Top Undervalued Coins That Could Be the Next 50x Gainers
In the current market, where headlines are dominated by ETF approvals and institutional adoption, Mutuum Finance (MUTM) and Dogecoin are turning heads. Mutuum Finance is at stage 6 of presale priced at $0.035, which is 16.67% higher than the stage 5 price. The next stage will be priced 14.29% higher at $0.04. Investors in Mutuum […]Cryptopolitan
Thu, Aug 7
