Bitcoin
Indonesia updated its cryptocurrency taxation policies through two new regulations issued Monday by the Ministry of Finance. According to Cointelegraph, regulations 50/2025 and 53/2025 change tax rates for different crypto activities effective August 1. The income tax on crypto asset sales through domestic exchanges increased from 0.1%
Bitcoin
Twenty One Capital is exploring a Bitcoin-backed USD lending program according to a Bloomberg report published Wednesday. Cointelegraph reports the crypto company recently acquired 5,800 Bitcoin from Tether, expanding its holdings to 43,500 BTC worth approximately $5.13 billion. The firm's spokesperson told Bloomberg that everything
Bitcoin
The National Bank of Ras Al Khaimah became the first conventional bank in the UAE to offer retail cryptocurrency trading services. Cointelegraph reported Tuesday that the government-owned institution launched a crypto brokerage service through its mobile banking application. The service allows customers to buy, sell and swap cryptocurrencies directly from
Cointelegraph reported Tuesday that Cantor Fitzgerald-backed Twenty One Capital has increased its Bitcoin holdings beyond initial projections. The Bitcoin treasury firm now holds at least 43,500 BTC, worth roughly $5.13 billion at current prices. Bloomberg estimates the company acquired approximately 5,800 additional Bitcoin from stablecoin issuer Tether.
Bitcoin
Bitcoin early adopters are reducing their holdings as institutional adoption accelerates, according to crypto analyst Scott Melker. The analyst sparked heated community debate by claiming that longtime Bitcoin supporters have lost confidence in the cryptocurrency's direction. According to Cointelegraph, Melker stated that "many of the most ardent
Bitcoin
According to Cointelegraph, San Francisco-based lender Divine Research has issued approximately 30,000 unbacked short-term crypto loans since December 2024. The platform uses OpenAI CEO Sam Altman's iris-scanning World ID system to verify borrower identities and prevent multiple account creation after defaults. Divine offers loans under $1,000
Bitcoin
El Salvador's Bitcoin reserve has produced minimal benefits for the broader population despite the government's continued accumulation of the digital asset, according to Cointelegraph. Quentin Ehrenmann, general manager at My First Bitcoin, told Reuters that the country's loan agreement with the International Monetary Fund
Bitcoin
Tyler Winklevoss accused JPMorgan Chase of suspending Gemini's re-onboarding process this week after he publicly criticized the bank's new data access fees. According to Cointelegraph, the Gemini co-founder claimed the bank retaliated against his crypto exchange following his vocal opposition to JPMorgan's controversial billing
Bitcoin
A Bitcoin whale from the Satoshi era transferred more than $1.1 billion worth of Bitcoin to centralized exchanges through Galaxy Digital, according to Cointelegraph. The whale, who held 80,009 Bitcoin worth approximately $9.68 billion, had remained dormant since 2011 when Bitcoin traded at just 78 cents. Lookonchain
Bitcoin
US Ethereum exchange-traded funds recorded higher investor inflows than Bitcoin ETFs for six consecutive trading days this week, according to Cointelegraph. Ethereum ETFs attracted $2.4 billion in net inflows during this period, while Bitcoin ETFs received only $827 million. BlackRock's iShares Ethereum ETF captured the largest share
Bitcoin
Societe Generale announced a partnership with cryptocurrency asset manager 21Shares to provide liquidity for Bitcoin and Ethereum exchange-traded products across European markets. According to Cointelegraph, the world's 19th-largest banking conglomerate by assets will offer market-making services for 21Shares' crypto ETPs in Germany and Eastern Europe. The European
Bitcoin
Build on Bitcoin (BOB) has deployed zero-knowledge fraud proofs within its optimistic rollup framework, bringing the blockchain closer to full decentralization on L2Beat rankings. According to Cointelegraph, this technical upgrade represents a major shift from traditional fraud-checking processes to faster cryptographic proofs. The Kailua upgrade allows transaction disputes to be
Bitcoin
Spot Ethereum exchange-traded funds recorded $533.87 million in net inflows on Tuesday, extending their streak to 13 consecutive trading days of positive flows. According to Cointelegraph, data from SoSoValue shows BlackRock's iShares Ethereum Trust led the surge with $426.22 million in daily inflows. Fidelity's
Bitcoin
Bitcoin mining company Bitfarms announced Tuesday that its Board of Directors approved a corporate share buyback program beginning July 28, 2025. According to Cointelegraph, the Toronto-based company received approval from both the Toronto Stock Exchange and Nasdaq to repurchase up to 49,943,031 common shares. The program represents approximately
Bitcoin
According to Cointelegraph, Bit Origin has acquired 40.5 million Dogecoin tokens for approximately $10 million as part of its digital asset treasury strategy. The China-based company, which transformed from a pork processing business to a Bitcoin mining operation, purchased the tokens at an average price of $0.24 per
Bitcoin
Cointelegraph reports that Bitget Wallet launched its first fiat withdrawal option through a partnership with crypto payment platform MoonPay. The self-custodial wallet now allows users to convert stablecoins directly into 25 fiat currencies without using centralized exchanges. The new off-ramp service supports major stablecoins including Tether USDt and USDC. Users