#DigitalAssets

The crypto community is celebrating as Bernie Moreno, a prominent blockchain entrepreneur, clinched a decisive victory in the Ohio Senate race against Sherrod Brown, who had held his seat for three consecutive terms and had been a prominent critic of the crypto sector. This landmark win signals a potential shift in the political landscape for…

In the United Arab Emirates (UAE), cryptocurrency transfers and conversions are now exempt from VAT, marking a significant move toward embracing digital assets. The UAE Federal Tax Authority (FTA) recently announced amendments to its regulations under Cabinet Decision No. (100) of 2024. Notably, the law update is applied retroactively, covering activities from January 1, 2018.…

From November 2024, cryptocurrency exchanges in Australia will be required to obtain financial services licenses, according to new regulations announced by the Australian Securities and Investments Commission (ASIC). Alan Kirkland, an ASIC commissioner, revealed details of the initiative at the AFR Crypto and Digital Assets Summit in Sydney, emphasizing the need for stricter oversight of…

The Bitcoin Gathering 2024, a key event in the cryptocurrency world, is taking place in the United States with the participation of prominent figures, including presidential candidates Donald Trump and Robert Kennedy Jr. In this context, Robert Mitchnick, Head of Digital Assets at BlackRock, led a panel titled “From Strategy to Innovation: BlackRock’s Journey Towards…

Ethereum is the cryptocurrency star worth watching. If you’ve ever watched a heist movie where the hero pulls off an incredible feat against all odds, then you’ll understand the excitement surrounding Ethereum (ETH-USD) in the financial world. Since its creation in 2015, Ethereum has evolved from a bold project to a critical player in the…

It’s been a remarkable time to be a Bitcoin (CRYPTO: BTC) holder. Since the start of 2023, the leading digital asset has surged 307%. The approval of spot exchange-traded funds (ETFs) and the upcoming halving in April were recent catalysts. Investors might be surprised to learn that gold is also near record highs due to…

The company’s spot Bitcoin ETF has pulled in $513 million up until now, and it foresees a promising future for Ethereum as well. Global asset manager VanEck predicted on Wednesday that Ethereum’s price will soar to $22,000 by the end of the decade, describing the cryptocurrency as “digital oil” in their latest report. This would…

Data on bitcoin options’ open interest suggests a bullish outlook for the price of the world’s top cryptocurrency. Many bitcoin enthusiasts are speculating that the price of bitcoin, the largest digital currency, could surge beyond $74,000 this month, according to analysts at QCP Capital. They have been analyzing call option data to gauge the optimistic…

Projection: Bitcoin Could Soar to $150,000 by 2030 This premier digital asset is poised to be a significant player in the coming years. Over the last 18 months, Bitcoin (BTC – 1.16%) has witnessed a remarkable surge, escalating by 299% since early 2023. Although its ascent has moderated slightly, with a 6% drop from its…

In May 2022, Nigeria’s Securities and Exchange Commission (SEC) introduced a comprehensive regulatory framework for virtual asset service providers, including digital asset exchanges. This framework required adherence to various laws and regulations to maintain market integrity, protect investors, and prevent financial crimes. Key mandates included the registration of digital asset exchanges, compliance with anti-money laundering…