Homepage > News > Business > South Korea AI crypto tax hunt; Brazil weighs stablecoin levy South Korea signals a shift toward automated enforcement, announcing the development of an artificial intelligence (AI)-based system that will allow authorities to detect unreported digital asset gains. Elsewhere, industry groups in Brazil have cried foul over the possibility that…
Nasdaq has received SEC approval to launch a pilot program for trading tokenized securities, marking a significant move for Wall Street into blockchain infrastructure. However, the process remains tied to existing centralized clearing systems. The pilot will enable Nasdaq to trade tokenized versions of major stocks and select index ETFs, acknowledging “Real World Assets” (RWAs)…
The Algorand Foundation has cut 25% of its workforce, sending a sharp signal to holders that the bear market’s chill is far from over. This isn’t just corporate restructuring; it is a defensive maneuver to preserve runway as the ALGO token languishes near historic lows. For investors, the question now is singular and urgent: Is…
The Federal Reserve voted Wednesday (March 18) to hold benchmark interest rates steady at a target range of 3.50% to 3.75%, opting for caution amid rising energy costs that threaten to complicate the US economic recovery, which had a significant impact on the Bitcoin price. The decision to pause rather than cut rates sent an…
Last week, in The TradFi Bid is Back, we outlined the bullish convergence of geopolitical safe-haven rotation, robust US ETF inflows, and the relentless background bidding driven by MicroStrategy’s STRC preferred share premium. The thesis was straightforward: sidelined capital was getting penalised, and traditional finance was driving the tape. A week later, the landscape looks…
Bitcoin’s hash rate dropped to approximately 920 EH/s, down roughly 8% over the past week, with a difficulty adjustment of about −8% expected on March 20. Rising crude oil prices are pressuring miners in energy-sensitive markets, while hash price hit an all-time daily low of US$27.89 PH/s/day in late February. Major public miners have collectively…
While XRP recently breached the “Adam and Eve” neckline, it must first overcome three important EMAs to confirm a full bullish reversal. XRP has broken above the $1.5 Adam and Eve neckline resistance, recording its highest daily close in over 30 days and indicating that buyers are stepping back into the market. The short-term outlook…
On Wednesday, Evernorth Holdings officially filed its Form S-4 with the Securities and Exchange Commission (SEC). This sets the stage for Evernorth to list on the Nasdaq under the ticker symbol $XRPN. Through a business combination with Armada Acquisition Corp II (Nasdaq: AACI), a special purpose acquisition company (SPAC), Evernorth is poised to become the largest…
In brief Bitcoin fell about 4%–5% even as U.S. spot ETFs recorded over $1.1 billion in inflows across seven days. Rising oil prices and sticky inflation have pushed traders to scale back expectations for rate cuts. Key support around $70,000 is now in focus as macro conditions continue to drive short-term moves. Bitcoin continues to…
Apex Group will adopt the T-REX Ledger as its default multi-chain orchestration infrastructure. The firm is targeting $100 billion in tokenized assets under administration by June 2027. Apex Group said it will adopt the T-REX Ledger as its default multi-chain orchestration infrastructure, a move the fund administrator says is meant to help it scale tokenized…