India’s tax department is going deeper into crypto enforcement. The Central Board of Direct Taxes (CBDT) has confirmed it’s using artificial intelligence and tapping into international data-sharing networks to spot crypto trades that haven’t been reported. India’s crypto tax rules are now backed by global data-sharing networks, making it harder to hide assets overseas. AI…
The question of how much Bitcoin is needed to retire has probably been asked by most investors, and recent research may now have the answer. Bitcoin researcher and investor ‘Smitty’ has created a model calculating how much BTC is needed to retire on. “Most people in most countries still need less than 1 BTC for…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s no secret: The worldwide debt is rising. The Institute of International Finance reported that global debt reached $324 trillion in the first quarter of 2025. This raises a growing fiscal concern,…
Key Takeaways Tesla missed out on billions in potential profits by selling 75% of its Bitcoin holdings too early. The company’s early Bitcoin sale coincided with challenges in its core auto business and impacted financial results. Share this article Tesla could have made billions if it had held onto Bitcoin (BTC) instead of selling the…
Solana Lifts Block Capacity to Manage More Traffic Solana has increased its block capacity by 20 percent in response to growing transaction volume. The change bumps the limit from 50 million to 60 million compute units per block, giving the network more room to process activity during busy periods. The update was proposed and approved…
TL;DR Ripple’s native token was among the poorest performers during the Thursday and Friday market crash, dropping below $3 after the recent all-time high. This has allowed large investors to buy the dip, while Dogecoin’s surge today has pushed it back to a key accumulation zone. Whales bought the dip, scooping up over 130 million…
At last check Friday, Fartcoin — a meme-based cryptocurrency launched in October 2024 on the Solana blockchain — hovered at around $1.31, down 7.1% for the day. It was rejected sharply from the $1.64 resistance, triggering a corrective move. With the price hovering near the value area high, all eyes are now on the $1.05…
Key Takeaways Bit Digital plans to triple its authorized share capital to 1 billion ordinary shares to fund its Ethereum growth strategy. The expanded share authorization aims to allow for substantial equity financing focused on purchasing Ethereum. Share this article Bit Digital, the digital asset miner pivoting from Bitcoin to Ethereum treasury, will hold a…
Bitcoin faced heavy selling pressure after the news that Galaxy Digital reportedly sold off 10,000 BTC worth $1.18 billion. They later added more pressure by sending another 2,850 BTC ($330 million) to exchanges just minutes before the market started to slide. Over the last 24 hours, more than $731 million in crypto positions were liquidated,…
Although the year is only half over, some crypto networks have quietly achieved major milestones, solidifying their position as leaders in the digital asset space. One of them is Litecoin, which is considered the digital silver to Bitcoin’s digital gold status. According to a tweet by key opinion leader (KOL) Crypto Patel, Litecoin has experienced…
