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India Plans RBI Digital Currency Launch While Dismissing Unbacked Cryptocurrencies

Bitcoin

India Plans RBI Digital Currency Launch While Dismissing Unbacked Cryptocurrencies

India will launch a new digital currency backed by the Reserve Bank of India. Commerce Minister Piyush Goyal made this announcement during his visit to Qatar. The minister stated the system will make transactions faster and more transparent than traditional banking. Cointelegraph reported the announcement came on Tuesday. The RBI

By Albert Morgan Oct 8, 2025
Japan Elects Pro-Growth Prime Minister As Crypto Market Sentiment Rises

Bitcoin

Japan Elects Pro-Growth Prime Minister As Crypto Market Sentiment Rises

Sanae Takaichi was elected as Japan's new prime minister on Saturday, October 5, 2025. According to Cointelegraph, she will take office on October 15. She becomes Japan's first female prime minister. The Nikkei index jumped 4.75% on Monday to reach an all-time high of 47,

By Albert Morgan Oct 6, 2025
Michael Saylor's Strategy Shows $3.9 Billion Unrealized Bitcoin Profit for Third Quarter

Bitcoin

Michael Saylor's Strategy Shows $3.9 Billion Unrealized Bitcoin Profit for Third Quarter

Strategy reported $3.89 billion in unrealized gains on its Bitcoin holdings for the third quarter of 2025. According to Cointelegraph, the company filed this information with the US Securities and Exchange Commission. The filing also revealed a $1.12 billion deferred tax expense for the period. The company holds

By Albert Morgan Oct 6, 2025
Centralized Exchange Bitcoin Balances Hit Multi Year Low During Price Rally

Bitcoin

Centralized Exchange Bitcoin Balances Hit Multi Year Low During Price Rally

Bitcoin reached a new all-time high above $125,700 on Coinbase Sunday morning, according to Cointelegraph. The previous peak stood at $124,500 on August 14. Bitcoin pulled back 13.5% by September 1 but recovered strongly over the past week. The total Bitcoin balance on centralized exchanges fell to

By Albert Morgan Oct 5, 2025
US Spot Bitcoin ETFs See $3.24 Billion Weekly Inflow as October Rally Begins

Bitcoin

US Spot Bitcoin ETFs See $3.24 Billion Weekly Inflow as October Rally Begins

US spot Bitcoin exchange-traded funds recorded $3.24 billion in net inflows during the past week, according to Cointelegraph. The figure represents the second-best weekly performance since the funds launched in January 2024. Data from SoSoValue shows the inflows nearly matched the record $3.38 billion set during the week

By Albert Morgan Oct 5, 2025
Federal Reserve Report Links Demographic Shifts to Sustained Asset Demand Including Bitcoin

Bitcoin

Federal Reserve Report Links Demographic Shifts to Sustained Asset Demand Including Bitcoin

The aging global population combined with rising productivity will drive demand for assets including cryptocurrencies through the end of this century. According to Cointelegraph, the US Federal Reserve Bank of Kansas City published research on August 25 stating that population aging will continue the upward trend in asset demand from

By Albert Morgan Oct 5, 2025
Stablecoin Market Reaches Historic $300 Billion as Industry Eyes Major Rally

Bitcoin

Stablecoin Market Reaches Historic $300 Billion as Industry Eyes Major Rally

The global stablecoin market capitalization reached $300 billion on October 3, 2025, establishing a new all-time high for the sector. According to Cointelegraph, this represents 46.8% growth since January. The record comes during October, historically the second-best performing month for Bitcoin prices. Circle minted $8 billion worth of USDC

By Albert Morgan Oct 4, 2025
Etsy Sellers Offer Crypto Wealth Spells as Retail Investors Seek Alternative Trading Strategies

Bitcoin

Etsy Sellers Offer Crypto Wealth Spells as Retail Investors Seek Alternative Trading Strategies

Online marketplace Etsy has become home to sellers offering crypto wealth spells. These services range from basic spells at $20 to advanced millionaire spells at $73. According to Cointelegraph, one listing promises a "powerful manifestation ritual" designed to align spiritual energy with crypto investments and trading success. The

By Albert Morgan Oct 4, 2025
Wall Street Shifts Focus to Crypto IPO Pipeline Over Altcoin Trading

Bitcoin

Wall Street Shifts Focus to Crypto IPO Pipeline Over Altcoin Trading

Wall Street investors are rotating away from early-stage crypto bets toward mature companies preparing initial public offerings, according to research released October 4. Cointelegraph reports that crypto financial services firm Matrixport identified over $200 billion worth of companies in the IPO pipeline. These offerings could raise between $30 billion and

By Albert Morgan Oct 4, 2025
Bitcoin Decouples from Altcoins as Exchange Chief Predicts No Broad Market Rally

Bitcoin

Bitcoin Decouples from Altcoins as Exchange Chief Predicts No Broad Market Rally

A senior executive at Bitget has publicly dismissed expectations for a traditional altcoin season in the current market cycle. According to Cointelegraph, Vugar Usi Zade, Chief Operating Officer at the global exchange, stated there is no logical foundation for widespread altcoin gains during a Token2049 conference presentation in Singapore. The

By Albert Morgan Oct 2, 2025
Crypto Treasury Companies Expected to Pursue Mergers and Acquisitions

Bitcoin

Crypto Treasury Companies Expected to Pursue Mergers and Acquisitions

Digital asset treasury companies will consolidate under fewer major players as the market matures, according to Cointelegraph. Coinbase head of investment research David Duong stated that companies may pursue mergers and acquisitions similar to the recent Strive and Semler Scientific deal. The prediction comes as the digital asset treasury sector

By Albert Morgan Oct 2, 2025
Senate Schedules Cryptocurrency Tax Hearing Following Treasury Relief Announcement

Bitcoin

Senate Schedules Cryptocurrency Tax Hearing Following Treasury Relief Announcement

The US Treasury Department and Internal Revenue Service issued interim guidance on Tuesday easing corporate cryptocurrency tax rules. According to Cointelegraph, Notice 2025-46 and Notice 2025-49 provide clarity on the Corporate Alternative Minimum Tax. The guidance allows digital asset companies to exclude unrealized gains and losses on crypto holdings from

By Albert Morgan Oct 2, 2025
Agricultural Regulator Prohibits Crypto Mining Operations on Abu Dhabi Farmland

Bitcoin

Agricultural Regulator Prohibits Crypto Mining Operations on Abu Dhabi Farmland

The Abu Dhabi Agriculture and Food Safety Authority announced a ban on cryptocurrency mining activities on agricultural land in the emirate. According to Cointelegraph, violators face a fine of 100,000 AED ($27,229). The authority will suspend municipal services, confiscate mining hardware, and disconnect farmland from the electrical grid

By Albert Morgan Oct 2, 2025
Bitcoin Faces Three Critical Moving Averages Ahead of September Monthly Close

Bitcoin

Bitcoin Faces Three Critical Moving Averages Ahead of September Monthly Close

Bitcoin is testing three major moving averages that have merged at the same price level. The 21-day, 50-day, and 100-day simple moving averages (SMAs) now cluster together at current trading levels. This technical convergence creates a decisive moment for Bitcoin bulls ahead of the monthly and quarterly closes. Keith Alan,

By Albert Morgan Sep 30, 2025
Republican Bitcoin Reserve Bill Faces Democrat Majority in Massachusetts

Bitcoin

Republican Bitcoin Reserve Bill Faces Democrat Majority in Massachusetts

According to Cointelegraph, the Massachusetts Joint Revenue Committee scheduled a hearing to review legislation establishing a state Bitcoin strategic reserve. The bill, introduced by Republican Senator Peter Durant in February 2025, seeks to deposit seized digital assets into a reserve fund. The legislation allows the state treasury to invest up

By Albert Morgan Sep 30, 2025
Poland Parliament Approves Strict Crypto Bill Drawing Industry Backlash

Bitcoin

Poland Parliament Approves Strict Crypto Bill Drawing Industry Backlash

According to Cointelegraph, Poland's lower house of parliament approved the Crypto Asset Market Act on Friday. The Sejm voted 230 in favor and 196 against the legislation. The bill now moves to the Senate for consideration. The legislation creates a licensing system for crypto asset service providers. All

By Albert Morgan Sep 29, 2025
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