Donald Trump’s $TRUMP memecoin surges after private dinner invite: Everything you need to know

Donald Trump’s $TRUMP memecoin surges after private dinner invite: Everything you need to know

Donald Trump’s memecoin that dipped in value in recent times seems to have bounced back. Reportedly, the US President’s memecoin that had slipped 88 per cent from its recent high witnessed a boost on Wednesday. This leap came after the coin’s official website posted an invite for the top 220 holders of the digital token […]

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US President Donald Trump’s tariff speech omits crypto, Bitcoin price drops

US President Donald Trump’s tariff speech omits crypto, Bitcoin price drops

On Wednesday, US President Donald Trump announced new tariffs on imports from 50 countries, including the BRICS and the European Union. Also dubbed the ‘Declaration of Economic Independence’, Trump’s prolonged speech declaring reciprocal tariffs had no mention of Bitcoin, blockchain, or even digital assets. Bitcoin (BTC) price, which saw a peak at $110,000 during the […]

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Setting a Kahlo drawing aflame in search of an NFT spark

Setting a Kahlo drawing aflame in search of an NFT spark

First came the mariachi band, a flame-juggling dancer and the models in bathing suits and ballgowns sauntering beside the pool of a Miami mansion. Then the spectacle began. A businessperson who built his wealth on waves of speculation — riding the dot-com surge in the 1990s and then the rapid growth of bitcoin in recent […]

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China’s Tencent retreats from NFT platform Huanhe as crypto scrutiny increases

China’s Tencent retreats from NFT platform Huanhe as crypto scrutiny increases

Tencent said that owners of existing collectibles will still be able to hold, display or request a refund Tencent said that owners of existing collectibles will still be able to hold, display or request a refund Chinese internet giant Tencent Holdings’ non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, […]

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Crypto TDS (tax) rules come into place: Four changes to note from today

Crypto TDS (tax) rules come into place: Four changes to note from today

The rules regarding tax deducted at source (TDS) on virtual digital assets have come into effect starting July 1. This comes after the government levied a 30 per cent flat income tax on cryptocurrencies from April 1. During this time, the government also announced the imposition of a TDS of 1 per cent. However, traders […]

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From outright ban to ‘clear danger’: A look at RBI’s stance on crypto in India

From outright ban to ‘clear danger’: A look at RBI’s stance on crypto in India

The Reserve Bank of India has been a vocal critic of cryptocurrency, calling it a tool for money laundering not once but several times. On Thursday, Reserve Bank Governor Shaktikanta Das described cryptocurrencies as a “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just speculation under a […]

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