The Brazilian government would be considering taxing stablecoin flows, applying the known Tax on Financial Operations (IOF) on remittances and international payments using these instruments. The news comes …
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Bitcoin
ETF Launch Fails to Stem Tide As XRP Sinks to $1.81, Lowest Since April
by Jason Scottby Jason ScottCrypto asset manager Bitwise’s launch of a spot XRP exchange-traded fund on Nov. 20 failed to lift the token, which fell to $1.81 — its weakest level since …
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Bitcoin
Bitcoin Heading to $73K? Max Pain Point Frames Potential Bottom Within Wider Range
by Jason Scottby Jason ScottBitcoin’s push into the $73,000–$84,000 reset range tied to Strategy and Blackrock’s Ishares Bitcoin Trust (IBIT) is concentrating pressure that could flush out sellers and fortify institutional positioning, …
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The stablecoin company aims to accelerate institutional adoption of USDT by targeting use cases solvable through its solutions. The undisclosed investment in Parfin enables USDT to be featured …
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Key Takeaways ADIC tripled its IBIT stake, showing its long-term conviction to bitcoin. ADIC and Mubadala together hold over 16 million IBIT shares. Abu Dhabi says it sees …
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Bitcoin
Brazilian Tax Agency Tightens Crypto-Reporting Rules, Targeting Foreign Exchanges and DeFi
by Jason Scottby Jason ScottThe Brazilian Federal Revenue Service has revised the rules for tax declarations on crypto assets. The new rules require foreign exchanges to report transactions to the agency and …
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Bitcoin
Report: Kalshi Valued at $11 Billion After $1 Billion Funding Round
by Jason Scottby Jason ScottKalshi raised $1 billion at an $11 billion valuation, fueled by surging trading volume and returning investors Sequoia and CapitalG. Kalshi, a prediction‑market platform, secured a $1 billion …
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Trump backed $ABTC just dropped its first earnings as a public company. This “not just a miner, not just a treasury” company is now targeting 50 EH/s to …
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Bitcoin
Federal Prosecutors Win Conviction of Mining Founder in Multimillion-Dollar Crypto Fraud
by Jason Scottby Jason ScottA federal jury’s fraud conviction of a Texas mining founder underscores calls for transparency that are accelerating stronger safeguards, reinforcing investor confidence, and positioning legitimate bitcoin mining operations …
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Bitcoin
Ronin Wallet to Enable QRPh Payments via PHPC Stablecoin in Coins.ph Tie-up
by Jason Scottby Jason ScottDisclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. 📬 Get …
