Cryptocurrency Analysis and News Portal
Over the past few years, Wyoming, a landlocked state in the U.S. Mountain West, has embarked on a journey to become a blockchain pioneer.With a bold vision of creating an attractive cryptocurrency and blockchain ecosystem, the state's crypto-friendly laws have positioned Wyoming as the most welcoming state in the U.S.
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Shaurya MalwaShaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET,
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The Indian government is rethinking its stance on crypto as the global view on digital assets starts to thaw, Reuters reported on Monday.Although crypto is unregulated in India, the country started taxing digital assets in 2022, charging 1% tax-deducted-at-source (TDS) on crypto transactions and introducing a 30% capital gain tax.
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Major tokens slumped more than 25% in the past 24 hours as a new wave of tariffs imposed by the U.S. on Canada and Mexico over the weekend birthed talks of a global trade war — souring sentiment for risk assets.XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25%
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Bitcoin (BTC), the leading cryptocurrency by market value and the only macro asset open for trading over the weekend, held below $100,000, trading weak for the third straight day, as Canada joined Mexico in announcing retaliatory import tariffs against the United States.Prime Minister Justin Trudeau said Canada would impose 25%
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Following through on threats made throughout his campaign and repeated in the opening days of his presidency, Donald Trump has imposed 25% tariffs on nearly all imports from Mexico and Canada and a 10% tariff on goods from China.The tariffs are effective beginning Tuesday."The sustained influx of illicit opioids and
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The digital asset industry stands at a critical, hopeful juncture.After years of fragmented approaches to regulation and legislation, we've reached a moment where clarity is both urgent and achievable. Blockchain Association's consensus-driven market structure principles, which represent the perspective of the leading companies in the industry, offer a framework for
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It was another busy week at CoinDesk as the new Trump Administration continued to roll out a pro-crypto agenda and the industry laid the groundwork for growth in the new cycle.Ripple was at the center of the news. Ondo Finance announced it would offer tokenized treasuries on Ripple’s XRP Ledger,
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3868.63, up 0.4% (+16.75) since yesterday's close.Fifteen of 20 assets are trading higher.Leaders: LINK (+4.6%) and ETH (+3.2%).Laggards: XLM (-3.2%) and XRP (-0.9%).The CoinDesk 20
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Swiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync.The simulation, which was conducted on a ZKsync test network, is a sign of renewed interest in blockchain technology among traditional financial institutions. This isn’t UBS’ first experiment with
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