A sharp sell-off has hit the crypto market, with Bitcoin briefly dropping below the $100,000 mark and Ethereum plunging more than 10%.The total market capitalization has fallen from around $3.5 trillion to $3.3 trillion, marking its lowest point in recent weeks. Analysts attribute the decline to ongoing uncertainty over the Federal Reserve’s interest rate policy,…
According to data from CoinMarketCap, the global cryptocurrency market cap has declined by approximately 3.9%, dropping to around US$3.54 trillion. Transactions volumes are rising even as prices fall — a combination that is driving increased volatility across digital-asset markets. The shift is attributed to heightened selling pressure, increased trade activity amid falling prices, and broader…
Providers must collect and report user identity details, tax residency, taxpayer identification number, along with crypto-to-crypto trades, crypto-to-fiat exchanges and asset transfers. The effective date for reporting is targeted at 1 January 2026. The aim is to enhance tax transparency and address the challenges posed by digital-asset transactions that cross borders.
ZeroHash has secured authorization under the EU’s Markets in Crypto-Assets Regulation (MiCAR) to provide stablecoin and embedded crypto-asset services across the European Economic Area (EEA). AMINA Bank’s Austrian subsidiary, AMINA (Austria) AG, has been granted a Crypto-Asset Service Provider (CASP) licence, enabling crypto custody, trading and staking services within Europe. Ondo Finance, in partnership with…
The European Securities and Markets Authority (ESMA) is preparing to assume direct supervision powers over cryptocurrency exchanges and settlement platforms across the European Union. The move is part of the bloc’s broader effort to rectify fragmented regulatory supervision of cross-border crypto service providers under the Markets in Crypto‑Assets Regulation (MiCA) framework. ESMA Chair Verena Ross…
U.S.-based Strategy Inc. is planning to issue euro-denominated bonds in European markets to raise funds for Bitcoin acquisitions. The move is part of the company’s broader strategy to diversify its digital asset exposure while leveraging Europe’s increasingly crypto-friendly financial environment. According to company insiders, the bonds will carry a maturity of three to five years…
Around $946 million has flowed out of U.S. spot Bitcoin ETFs in recent days. Analysts attribute this to the Federal Reserve’s lack of clear signals on interest rate cuts. With policy direction uncertain, investors have been pulling back from risk assets. While this caused short-term pressure on Bitcoin’s price, some analysts see it as a…
The recent downturn in the cryptocurrency market is being linked to a broader risk-off shift, as investors move away from volatile assets and adopt a more cautious stance. Analysts note that traders who had been chasing high returns are now reducing exposure, leading to accelerating liquidity outflows across digital assets. On the regulatory front, developments…
Abu Dhabi-based NIP Group Inc. has announced that its global Bitcoin mining and high-performance computing capacity is now approximately 11.3 EH/s (exahashes per second). With this scale, the company claims the top spot among publicly-disclosed Bitcoin miners in the Middle East and North Africa region.The expansion is part of the company’s broader strategy to merge…
U.S. President Donald Trump said that China has made significant strides in the cryptocurrency space, emphasizing that the United States must remain the leader. According to Trump, digital assets like Bitcoin are not just financial innovation—they have become part of national competitive strategy. This statement underscores the view that the U.S. is entering a new…