Cryptocurrency Analysis and News Portal
American investors Stanley Druckenmiller and Bill Ackman are set for a huge payday after a record-breaking Coupang IPO. The company debut at $35 on Thursday, surpassing its initial target.South Korean e-commerce giant Coupang raised $4.6 billion in its IPO on Thursday. Coupang further surpassed expectations of selling at $32-$34 a
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With the recent craze around Bitcoin, CNBC has been asking many of its guests to its television programs to talk about digital assets. Bill Gates, the founder of Microsoft and one of the most wealthy people on Earth, was no exception to this rule just recently. The billionaire technologist, who has now
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The bill proposes to recognise cryptocurrency as property for purposes of taxation. Source
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India is reportedly planning a short-term boost to its coffers by ensuring the nation’s cryptocurrency space is taxed before bringing in a ban on such assets.The government is likely to impose both personal income tax (IT) and the goods and services tax (GST) on gains from trading cryptocurrencies, according to
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The Indian government is reportedly planning to fast-track its proposed cryptocurrency bill using the ordinance process.Similar to an executive order in the U.S., an ordinance law is put into effect by India’s president on the recommendation of the cabinet, and would be equivalent to an act of parliament, according to
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Miller Value Funds – run by veteran hedge fund manager and bitcoin bull Bill Miller – may invest in the Grayscale Bitcoin Trust through its flagship fund, the Miller Opportunity Trust. “The Fund may seek investment exposure to bitcoin indirectly by investing in the Grayscale Bitcoin Trust, an entity that holds
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Another challenge to Section 230 of the Communications Decency Act, which protects tech platforms from being liable for various forms of content posted on them, has re-emerged, with bipartisan support. It takes a page from the Banking Secrecy Act (BSA) but, rather than filing Suspicious Activity Reports (SARs), the bill
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A new partisan bill introduced by Democrats in Hawaii's House of Representatives on Monday, Jan. 26, is advocating a targeted strategy for studying and supporting the use of blockchain technology by individuals, firms and state agencies.Hawaii House Bill 622 (HB622) calls for the passage of an act that would require
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"Not owning any Bitcoin has been a massive mistake, and we expect that will continue to be true," the famed value investor wrote to clients. Source
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A hospital in China sent the first electronic bill to a patient on its blockchain-based invoice management platform on Monday. The People’s Hospital of Chengmai County, a public hospital in the Hainan province of South China, is the first hospital to issue and keep track of invoices on a blockchain in
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