Author: NBTC
India’s Income Tax Department could soon be getting a s fleeting number of digital surveillance powers, that would let them monitor and, if needed, access individuals’ social media accounts and emails all in the name of curbing crypto fraud. This move, if approved, is slated to take effect from April 1, 2026. It is part of the Income Tax Bill 2025, which aims to improve the detection of tax evasion and undisclosed assets in the country’s rapidly growing digital economy. BREAKING: 🇮🇳 India’s Income Tax Department getting power to monitor ALL digital activities including #crypto holdings from April 2026Tax officials…
Coinbase announced plans Monday to introduce 24/7 perpetual futures trading for Bitcoin and Ethereum in the US through its regulated Coinbase Derivatives exchange, marking the first time such offerings will be available domestically. Coinbase Derivatives, LLC, a Commodity Futures Trading Commission (CFTC)-regulated futures exchange, confirmed it will launch continuous Bitcoin and Ethereum futures contracts, aligning US derivatives markets with global crypto trading norms. Derivatives trading constitutes approximately 75% of global crypto trading volumes, yet a substantial portion of these transactions occur outside US jurisdictions. By providing perpetual-style futures contracts with no expiration dates, Coinbase seeks to replicate a popular global…
Nasdaq-listed Bitcoin mining firm CleanSpark has announced its upcoming inclusion in the S&P SmallCap 600 index. CleanSpark, one of the largest Bitcoin (BTC) mining companies in the world, revealed this via press release on Mar. 10. According to the news release, inclusion in the S&P SmallCap 600 index will go into effect ahead of market opening on March 24, 2025. Why does this matter? The S&P SmallCap 600 Index measures the small-cap constituents of the U.S. stock market. It tracks companies based on criteria such as book value and earnings, with these deemed value stocks also evaluated in terms of…
In the Wild West of crypto, where scams and fraud remain common, one team is betting on a novel solution: bringing reputation on-chain. Ethos Network, a platform designed to establish credibility and trust in the crypto space, is gaining traction as it tackles one of the industry’s most persistent problems—bad actors. The brainchild of Trevor Thompson (aka Serpin Taxt) and Ben Walther, Ethos was born out of frustration with rampant scams plaguing the space. “I used to do a lot of trading in crypto, and I witnessed a lot of the crime, fraud, and scams that have become more apparent…
Ethereum (ETH) remains under pressure, struggling to break above $2,300. Its technical indicators still point to a downtrend. The BBTrend indicator is improving but remains negative, showing that bullish momentum hasn’t fully developed. At the same time, the number of Ethereum whales has increased slightly, possibly due to the White House Crypto Summit, as investors anticipate regulatory shifts or the inclusion of ETH in the US strategic crypto reserve. For ETH to turn bullish, it needs to break key resistance levels and sustain buying pressure. BBTrend Shows the Uptrend Isn’t Here Yet Ethereum’s BBTrend indicator has climbed to -2.6, improving…
During the last 30 days, the crypto ETF market experienced substantial outflow that reached $41.20 million in total. Data shows that leading crypto ETFs maintain total assets under management (AUM) at $113.74 billion in current statistics. Bitcoin ETFs control the largest sector AUM at $104.4 billion but Ethereum ETFs maintain an AUM of $9.2 billion. CRYPTOCURRENCY ETFs OVERVIEW (30D)#iShares #FidelityWiseOrigin #Grayscale #ARK21SharesTotal Assets under management: $113.74B Total Net Flow: – $41.20M#ETF #Bitcoin $BTC #Ethereum $ETH pic.twitter.com/No2FSZZ9rs — PHOENIX – Crypto News & Analytics (@pnxgrp) March 6, 2025 Bitcoin ETFs See Positive Flow, Ethereum ETFs Struggle The Bitcoin ETF category experienced…
Bybit CEO Ben Zhou shared a 2023 warning from China’s law enforcement officials, calling Pi Network a scam. Pi made the largest airdrop in crypto history today, but despite the hype, it still has bitter opponents. The warning described Pi using very harsh language, calling it a “pyramid scheme” that uses the elderly as “hunting targets.” If the project collapses in the future, it could have repercussions for China’s crypto policy. Bybit Remains Firm Against Listing Pi Pi Network, one of the most ambitious blockchain projects, had its long-awaited mainnet launch today. It quickly became the most valuable airdrop in…
In response to the increasing adoption of cryptocurrencies, Türkiye has made many regulations in this area. At this point, while payments with cryptocurrencies were prohibited with the Central Bank Regulation that came into force in 2021, citizens in Türkiye were allowed to buy, hold and sell cryptocurrencies. While the crypto payment ban was met with backlash at the time, Turkish law firm GlobalB took the current crypto payment ban to court. GlobalB, which filed a lawsuit against the payment ban, stated that the first hearing of the lawsuit will be held at the Council of State on May 28, 2025.…
Nexo has announced an update to its stablecoin services for users in the European Economic Area (EEA), in compliance with the new regulations of the European Union. The changes will involve trading, savings, and lending activities for various stablecoins, including USDT, DAI, USDP, TUSD, and PAXG. The new rules will be introduced in two phases: the first starting from March 10, 2025, the second from March 31, 2025. Let’s see in detail what will change for Nexo users. Nexo news: conversion without additional costs between stablecoin Changes from March 31, 2025 Objectives and impacts for Nexo users Nexo news: conversion…
Bitdeer Technologies Group (NASDAQ: BTDR) has announced the success of tests on its new chip for Bitcoin mining, SEAL03. The prototype achieved an energy efficiency of 9.7 J/TH, operating in low voltage and ultra energy-saving mode. This result represents a significant step forward in mining technology, respecting the goals set in the SEALMINER roadmap. A high-efficiency chip with advanced technology for Bitcoin mining designed by Bitdeer Bitdeer: a leader in technology for mining and high-performance computing Communications and updates for investors A high-efficiency chip with advanced technology for Bitcoin mining designed by Bitdeer The SEAL03 chip was developed using one…