Author: NBTC
Indian Government has collected ₹437 crore in crypto taxes by using AI. The country is further strengthening its transparency in digital assets space. India’s Income Tax Department is now using artificial intelligence (AI) and data tools to catch people trying to avoid paying taxes on cryptocurrencies. In a recent update to the Parliament, the government revealed that it has collected ₹437 crore in crypto taxes by using AI. In an interview with Economic Times, Ravi Agrawal, Chairman of the Central Board of Direct Taxes, said that India is using new technologies like machine learning and digital forensics to track suspicious…
Professional Capital Management founder and CEO Anthony Pompliano says that Bitcoin (BTC) has become the “greatest show on Wall Street.” In a new interview with CNBC’s Squawk Box, Pompliano gives three reasons why BTC is leading the crypto markets to new all-time highs. “First of all, welcome to The Greatest Show on Wall Street. I think Wall Street’s full, undivided attention is now on Bitcoin. And really, there are three things that drove this move. The first is that there have been record inflows into the ETFs (exchange-traded funds). Last Thursday alone saw $1.2 billion—the second-highest day ever. Those ETFs…
Ether.fi, a platform offering restaking services with over $10 billion in TVL, has introduced one-click cross-chain vault deposits. This new feature is made possible through the integration of a widget developed by Enso, with technical support from LayerZero and Stargate. The Enso widget simplifies the process of depositing assets into Ether.fi vaults by reducing what was previously a multi-step process to a single action. Users can now deposit funds from any blockchain without needing to convert or move tokens manually. This feature is designed to improve user experience by removing technical barriers and making the process faster and easier. The…
Some 18% of Polish citizens have already put money into crypto assets, according to Warsaw’s own estimates made public during a parliamentary debate on Poland’s upcoming cryptocurrency regulations. Members of the Sejm, the lower house of parliament in Poland, are considering a government-sponsored piece of legislation meant to regulate cryptocurrencies like Bitcoin in the country and the economy built around the digital assets. Bill No. 1424 was filed on June 26 and submitted for first reading in the chamber on July 7, the Polish crypto news outlet Bitcoin.pl reported Wednesday. On July 22, deputies launched the long-awaited debate on the…
With crypto policy now representing one of President Donald Trump’s most concrete achievements in his second term, the White House is reportedly gearing up toward further moves to affix digital assets into a more prominent role in the U.S. economy. Trump is widely expected to soon issue an executive order that calls for American’s retirement plans — the 401(k)s that represent a vast segment of U.S. investing — to open further to less traditional assets, which reportedly may include cryptocurrencies. If that comes to pass, it could ease a major portion of the investing public into digital assets, though it…
Crypto exchange Bitget is adding GAIA to its launchpool lineup, putting millions of tokens on the table in rewards. Summary GAIA/USDT spot trading will go live on Bitget on July 30, 2025. Users can earn millions of GAIA through giveaways and campaigns. The GAIA token has been in a downward trend but fresh listing could offer short-term boost. According to a July 29 press release, spot trading for GAIA (SN57)/USDT will kick off on July 30 at 09:00 UTC. The GAIA launchpool campaign will let eligible users lock BGB from July 30 to August 1 for a shot at earning…
Meta is investing billions in AI infrastructure and intensifying efforts to recruit talent from rivals as it accelerates its push into artificial intelligence. But for all the talk of “superintelligence,” the company’s latest pivot raises questions of whether this is a genuine push for innovation or another high-stakes gamble. Meta’s plan is sweeping and expensive. In the second quarter of 2025 alone, the tech giant poured $17 billion into infrastructure, where CFO Susan Li said 2025’s total capital expenditure could hit $72 billion. With even more to come in 2026, a large portion will go towards building Prometheus and…
Barstool Sports founder Dave Portnoy has offered a reflection on his investing approach, admitting that, for all the debate and analysis, simply buying Bitcoin (BTC) might have been the smarter move all along. Portnoy shared that he talks with his financial advisor daily about stocks, only to confess they may have been overthinking it. All the back-and-forth, he suggested, might have distracted them from the obvious Bitcoin play, he said in an X post on July 14. His remarks hinted at a sense of frustration with traditional investing strategies that can leave investors second-guessing while the crypto market surges ahead.…
If you haven’t heard of SparkDEX yet, today’s the day to pay attention. On July 29, 2025, the team behind this Flare-native DEX will drop their very own token, $SPRK, and after watching what’s happened in the past couple of months, you’d better believe people are buzzing. Back in early May, SparkDEX did something smart: they hooked up with USDT0, Tether’s new multi-chain liquidity standard. Within weeks, TVL shot up by 650%, vaulting from about $12 million to over $90 million, and it’s stayed there. Trading volume exploded too. What took eight months to reach $1 billion suddenly tripled to $3 billion and more…
United States President Donald Trump made a statement to the press during his visit to the FED headquarters together with FED Chairman Jerome Powell. Responding to a question about whether he would retract his previous criticisms, Trump stated that he hoped Powell would lower interest rates and said that the board’s decision should be taken into consideration when making interest rate decisions. Trump also took aim at the spending plans for the Fed building renovation, saying, “Generally, if a project manager goes over budget, I fire them.” Sharing budget data for the Fed building renovation, Trump claimed the renovation cost…