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France and Germany continue dragging Eurozone economy down
France and Germany are at the center of the eurozone’s economic troubles. Business surveys show their weak performances have become a major drag on the region. The rest of the eurozone is seeing growth, but it’s not enough to offset the problems caused by these two economies. Private-sector activity across the eurozone’s 20 countries dropped […]Cryptopolitan
Oct 24, 2024
Binance Connect redesigned for seamless fiat-to-crypto payments for Web3 projects
Binance will give an overhaul to Binance Connect, offering a plug-and-play payment solution to Web3 startups. The feature will be open for users from the end of November, while resources are already open for developers.Cryptopolitan
Oct 24, 2024
Nvidia expands AI collaborations with Reliance and Tata
On Thursday, Nvidia announced that it will be supplying advanced AI processors to Indian companies. This also includes Mukesh Ambani-owned Reliance Industries. This announcement reflects Nvidia’s goal to expand the AI industry in India. Currently, Reliance is building a one-gigawatt data center in Gujrat to deploy Nvidia Blackwell AI processors. The CEO of the chip […]Cryptopolitan
Oct 24, 2024
Roblox implements stricter child safety policies following public criticism
Roblox has rolled stricter safety policies targeting young users on the online gaming platform. The new changes will add features that help parents to monitor and control their children’s activities. The new policies came about after Roblox was faced with multiple reports highlighting child exploitation and other safety concerns.Cryptopolitan
Oct 24, 2024
Bitcoin could be used as a currency by 2030, says CryptoQuant CEO
Ki Young Ju, CEO of CryptoQuant, has predicted that Bitcoin could transition from a speculative investment to a standard currency by 2030. Ju cited increasing institutional involvement and declining volatility as key factors. According to him, this change would align with Satoshi Nakamoto’s original vision of BTC as “P2P Electronic Cash.” Bitcoin mining difficulty surges […]Cryptopolitan
Oct 24, 2024
Trump’s odds are behind the US dollar rally: Standard Chartered
The US dollar has been on a rally throughout this month, and betting markets are pointing fingers at one person — Donald Trump. According to Standard Chartered, around 60% of the US dollar’s rally this month can be linked to rising bets on Trump securing a win in the upcoming November 5th election. The bank […]Cryptopolitan
Oct 24, 2024
Denmark considering 42% tax on unrealized gains and losses for cryptocurrencies
Denmark Tax Council has proposed enacting a new regulation to tax residents’ unrealized gains and losses on cryptocurrencies. The proposed law is meant to unify all tax regulations relating to crypto assets and streamline the process. According to reports, The Council is considering imposing up to 42% capital gains tax that will apply to crypto […]Cryptopolitan
Oct 24, 2024
Exchange BTC balances continue to drop, what does this mean for BTC price?
The CEO of Coin Bureau, Nic Puckrin, mentioned that BTC was entering an accumulation phase, signaling possible bullish sentiments among investors to hold the asset long-term. The crypto executive shared a chart from Glassnode showing BTC balances on exchanges have recently dipped to all-time lows.Cryptopolitan
Oct 24, 2024
Who are the secret backers of Trump’s opponent, Kamala Harris?
Reports indicate that Kamala Harris has received private backing from influential figures like Bill Gates and Jamie Dimon. While Harris has gained more support recently, the betting market odds still favor Donald Trump. However, a large bet on Harris improved her chances of winning by 3% on Polymarket. Who are these secret backers? Kamala Harris […]Cryptopolitan
Oct 24, 2024
Musk’s $1M daily giveaway sparks DOJ investigation
Elon Musk’s America PAC is reportedly facing scrutiny from the US Justice Department over his $1 million daily giveaways to registered voters. This scheme has raised questions of legality ahead of the 2024 election. These questions come as Republican candidate Donald Trump already has 60% odds of winning the US presidential election against Kamala Harris. […]Cryptopolitan
Oct 24, 2024
