Author: James Wilson

The Indonesian government plans to raise taxes on cryptocurrency transactions, effective immediately starting from August 1. The new law will apply to overseas exchanges, domestic exchanges and more. Summary Starting in August, Indonesia will raise its overseas exchange transaction tax from 0.2% to 1%. Meanwhile, domestic exchanges get a 0.1% hike. Crypto buyers will no longer need to pay value added tax. According to a recent Reuters report, a new finance ministry regulation is set to shake up the playing field for the nation’s budding crypto space. For one thing, it will hike up the tax applied to cryptocurrency transactions…

Hardware wallets are physical devices that are used to store cryptocurrencies in offline mode. They cannot run complicated apps and are safe from attacks. In this article, we will compare two mainstream hardware wallets Trezor vs NGRAVE, and help you choose which is the best one for you? Trezor was founded in 2014 by SatoshiLabs. They are one of the largest hardware wallet manufacturers in the world. They offer two models Trezor One and Trezor T.   Ngrave is a digital asset security company that focuses on eliminating the loss and hacking of cryptocurrencies. The primary goal is to provide everyone…

The world of finance and technology continues to evolve, and one of the most significant new developments is cryptocurrency, which started with the introduction of Bitcoin in 2009. Since then, the cryptocurrency sector has evolved to altcoins and decentralized finance. So, with this emerging concept, people are curious about learning cryptocurrency.  In this article, we will let you know from where to learn about crypto from the top 5 apps that can be used by newcomers or seasonal professional investors alike, mentioning the features and education resources that can be accessed from these apps. Top 5 Apps to Learn About…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. RI Mining has launched its upgraded AI-powered cloud mining platform, offering XRP, DOGE, and USDT holders a secure and compliant way to earn a daily passive income. Summary RI Mining launches AI-powered cloud mining for XRP, DOGE, and USDT. GENIUS Act drives demand for compliant, passive crypto income. One-click setup delivers stable daily payouts with no conversion needed. As digital asset adoption accelerates and regulatory clarity reshapes the crypto landscape, RI Mining today unveiled its upgraded AI-powered cloud mining…

In another bullish development for the crypto industry, the U.S. Securities and Exchange Commission has approved in-kind creation and redemption for all spot Bitcoin and Ethereum ETFs. But what does it mean? Summary SEC approves in-kind creation and redemption for all spot Bitcoin and Ethereum ETFs. Major exchanges, including Nasdaq, NYSE Arca, and Cboe BZX, have received accelerated approvals. Analysts expect pending altcoin ETF filings to include in-kind models from the outset. On Tuesday, July 28, the SEC announced it had finalized orders allowing authorized participants to create and redeem shares of crypto exchange-traded products (ETPs) using the underlying digital…

XDC price surged 12% on news of Binance US listing, tapping the key $0.10 resistance before pulling back slightly, presenting a lucrative buy-the-dip opportunity within a broader uptrend. Summary XDC price hit the psychological $0.10 resistance, following Binance US listing. Currently in a healthy pullback, holding above the 20-day EMA and key $0.085–$0.088 support zone. A bounce from support could target $0.105–$0.115; breakdown risks a dip to $0.080. Broader uptrend is fueled by strong fundamentals, including cross-chain expansion, the launch of 21Shares XDC ETP on Euronext, and recent partnership with Archax. XDC Network (XDC) price gained 12% yesterday as Binance…

OMNI price went parabolic on July 29 after it secured a listing on Upbit. A breakout from a falling wedge now points to massive potential gains in the coming weeks. Summary OMNI surged 170% on July 29 following its KRW trading pair listing on South Korea’s Upbit exchange. Daily trading volume spiked over 2,100% to $904 million, with Upbit accounting for the largest share at $290 million. A breakout from a falling wedge pattern now targets a 120% upside, though RSI readings above 70 suggest a short-term cooldown may follow. According to data from crypto.news, Omni Network (OMNI) skyrocketed 170%…

As Bitcoin’s largest holders reduce their positions, the number of Ethereum whale wallets is increasing, fuelling speculation about a possible altcoin rotation led by Ethereum. Summary ETH whale wallets jumped 8% while BTC whales fell 1.61% in two weeks. $840M in ETH was bought by top holders in 48 hours. CryptoQuant data suggests ETH gains stem from new inflows, not BTC selling and rotation. According to blockchain data shared by Santiment on July 29, the number of wallets holding at least 1,000 Bitcoin (BTC) has fallen by 1.61% in the past two weeks. In contrast, Ethereum (ETH) wallets with at…

Tom Lee’s Ethereum-centered treasury firm, Bitmine Immersion, has announced its stock repurchase program to buyback up to $1 billion of the company’s common stock. Summary The Ethereum-focused treasury and mining company, Bitmine Immersion, is buying back $1 billion worth of its common shares. A day after the buyback plan was announced, the stocks dipped by 8.86%. According to the official press release, the new stock buyback plan would allow Bitmine Immersion to repurchase its shares in the open market and negotiate transactions based on current conditions. On July 29, the company’s board of shareholders approved the plan to repurchase $1…

After initially contesting the charges, an Arizona man has now pleaded guilty to defrauding victims out of $13 million through a crypto scheme involving fake AI trading bots and a fictitious government agency. Summary Vincent Mazzotta has pleaded guilty nearly two years after being indicted in a $13M crypto Ponzi scheme. The scheme used fake AI trading bots and a fictitious agency called the “Federal Crypto Reserve” to defraud victims. He faces up to 15 years in prison for money laundering and conspiracy to obstruct justice. Vincent Anthony Mazzotta Jr., who has been accused of running multiple fraudulent investment platforms…