Tag Archives: cryptocurrencies

30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says

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The post 30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says appeared com. Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC. com and Bitcoinist. com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it’s a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition. Continue reading 30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says→

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

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The post Central Bank of Russia eases restrictions, opens mutual funds to crypto investments appeared com. Key Takeaways What new changes is the Central Bank introducing? The CBR is easing rules so mutual funds can invest up to 10% in crypto-linked derivatives, giving qualified investors more access to digital assets. Can Russian residents use crypto for daily payments? No. Crypto payments inside Russia remain strictly banned, and the rule is not changing. Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over. After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary sovereignty, the country has since shifted to a more selective approach. Bank of Russia’s recent move may surprise you Now, in a surprising turn, the central bank is preparing to ease rules on crypto-linked mutual funds. This may be a sign that Russia isn’t shutting the door on digital assets entirely, but instead tightening how and where they can operate. Russia’s latest regulatory push shows a country trying to open the door to crypto investments, while keeping a tight grip on how far that door swings. The Central Bank of Russia (CBR), once the strongest critic of digital assets, is now easing rules to give qualified investors broader access to crypto-linked products. Its newest draft regulation removes long-standing barriers that prevented mutual funds from investing in instruments tied to cryptocurrencies. Under the proposal, funds will be allowed to allocate up to 10% of their portfolios to derivatives that track digital-asset prices. The initiative is part of a wider effort to expand the list of financial instruments available to retail mutual funds. The CBR highlighted that these changes were shaped through consultations with industry players, and it is seeking public feedback until 9 December. What does this tell us about Russia’s. Continue reading Central Bank of Russia eases restrictions, opens mutual funds to crypto investments→

Fed Beige Book Suggests Stagnant US Economy with Uneven Consumer Spending

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The post Fed Beige Book Suggests Stagnant US Economy with Uneven Consumer Spending appeared com. The Federal Reserve’s latest Beige Book reveals a stagnant US economy with minimal business activity changes, declining consumer spending among lower-income households, and emerging risks of slower growth ahead. Consumer spending has dropped sharply for low- and middle-income groups, while high earners continue unaffected. Business outlooks remain flat, with some districts noting increased caution due to economic uncertainties. Hiring is slowing through freezes and attrition, with wage pressures moderate but persistent in key sectors like manufacturing and healthcare. Explore the Federal Reserve Beige Book insights on US economy stagnation and its ripple effects on cryptocurrency markets in 2025. Stay informed on economic indicators shaping crypto volatility-read now for expert analysis. What Does the Latest Federal Reserve Beige Book Reveal About the US Economy? The Federal Reserve Beige Book indicates the US economy has shown little movement in recent weeks, with overall business activity remaining virtually unchanged as of November 17. Consumer spending has notably declined, particularly among low- and middle-income households, while wealthier consumers maintain steady purchasing. The report highlights flat outlooks across districts but warns of potential slowdowns in activity moving forward. How Is Consumer Spending Affected Across Income Levels? Reports from districts like New York, Atlanta, and Minneapolis detail a stark divide: high-income individuals continue unconstrained spending, while lower- and middle-income groups tighten budgets amid rising costs. For instance, the Minneapolis Fed cited businesses noting customers “tightening the belt,” with community organizations reporting increased reliance on food assistance following SNAP benefit disruptions. This disparity underscores broader economic pressures, with retailers observing direct sales hits from recent events like the government shutdown that ended on November 12. In San Francisco, poorer households are curtailing essentials like dining and healthcare, contrasting with affluent spending patterns. Frequently Asked Questions What Are the Key Implications of the Beige Book for Cryptocurrency Markets?. Continue reading Fed Beige Book Suggests Stagnant US Economy with Uneven Consumer Spending→

World Liberty Financial (WLFI) Jumps 6% as Buyback Resumes

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Key Highlights World Liberty Financial (WLFI) token has soared over 7% on the daily chart, surprising the crypto. Continue reading World Liberty Financial (WLFI) Jumps 6% as Buyback Resumes→

Ethereum price forms a giant bearish rounded top pattern, is it about to crash?

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Ethereum has been in a downtrend for over four weeks, forming what appears to be a bearish rounded top that suggests it may be at risk of further losses in the coming weeks. According to data from crypto. news, Ethereum (ETH). Continue reading Ethereum price forms a giant bearish rounded top pattern, is it about to crash?→

Zcash News: Zcash Gains 12% Ahead of OKX Spot Trading Return

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The post Zcash News: Zcash Gains 12% Ahead of OKX Spot Trading Return appeared com. Zcash surged 12% as OKX relists ZEC for spot trading. This follows a previous delisting, signaling renewed privacy coin interest. OKX, a major offshore crypto exchange, announced a key listing. It is a market directed primarily to the Chinese-speaking population. Specifically, it will be listing Zcash Price Pumps Over 30% In a Week Here’s Why | Live Bitcoin News In addition, 24-hour trading volume peaked at $1. 96 billion. This marks a 35. 67% increase. This surge clearly shows strong market interest and renewed confidence. The Zcash (ZEC) price increased 12% on November 23, 2025. This was in anticipation of its spot trading return. It will be re-listed on the OKX exchange, which is a major platform. ZEC trading was due to be resumed on the OKX. The exchange had earlier delisted the privacy coin in early 2024. However, it decided to put it back for listing after careful consideration. Continue reading Zcash News: Zcash Gains 12% Ahead of OKX Spot Trading Return→

CoinMarketCap Clarifies $CMC20 Listing as New On-Chain Index Token: Goes Live on BNB Chain

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CoinMarketCap is stepping into a new chapter this week, but not in the way many users assumed. After MEXC announced the listing of a token labeled MC20, confusion erupted across the crypto community. Many believed CoinMarketCap had finally launched its own native token. The company quickly corrected the record. CoinMarketCap acknowledged the MEXC listing, but also stressed a key point: CoinMarketCap does not have its own token. The MC20 ticker is not a CoinMarketCap coin. Instead, it represents a new on-chain index product built by third-party partners, with CoinMarketCap acting strictly as the index provider. SCAM ALERT: CoinMarketCap does NOT The post CoinMarketCap Clarifies MC20 Listing as New On-Chain Index Token: Goes Live. Continue reading CoinMarketCap Clarifies $CMC20 Listing as New On-Chain Index Token: Goes Live on BNB Chain→

Cardano’s Hoskinson Says Trump’s Crypto Support Disrupted Market Cycles

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The post Cardano’s Hoskinson Says Trump’s Crypto Support Disrupted Market Cycles appeared com. Cardano’s Charles Hoskinson said that the Trump administration’s heavy-handed embrace has disrupted the four-year crypto market cycle, causing irrational exuberance. Hoskinson remains strongly bullish long term, reiterating expectations of a major “gigachad bull run”. Cardano founder Charles Hoskinson noted that the Trump administration’s support for crypto assets was initially seen as a turning point. However, he added that his heavy-handed “embrace” has, in fact, disrupted the four-year crypto cycle. Hoskinson’s comments came during his recent interview with CoinDesk amid the massive crypto market correction. Cardano’s Hoskinson said the Trump Administration Created “Irrational Exuberance” Cardano (ADA) co-founder Charles Hoskinson said the early optimism surrounding the Trump administration’s pro-crypto stance has given way to concerns that the government’s approach is now distorting market dynamics. Speaking to a leading media outlet on Nov. 17 at the Midnight Network Summit 2025, Hoskinson said the industry initially viewed Trump’s return to the White House as a clear positive for digital assets. The sentiment was driven by what he described as a dramatic reversal in U. S. policy, while moving from a restrictive environment to an accommodating one. However, Hoskinson argued that the administration’s “heavy-handed embrace” of the sector has fueled irrational exuberance and disrupted the typical four-year crypto market cycle. Everybody entered, myself included, 2025 thinking that the Trump administration was going to be this magic net positive for the ecosystem, Donald Trump’s position on cryptocurrencies has shifted significantly in recent years, with his 2025 administration taking steps to recognize digital assets as a legitimate asset class. The administration has promoted blockchain innovation and begun exploring pro-crypto regulatory approaches aimed at attracting greater investment to the United States. Hoskinson Predicts A “Gigachad Bull Run” Cardano founder Charles Hoskinson issued a rallying call to the crypto community in a recent social media post, urging supporters to “summon. Continue reading Cardano’s Hoskinson Says Trump’s Crypto Support Disrupted Market Cycles→

Japan to reclassify crypto assets as financial products and lower taxes

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The post Japan to reclassify crypto assets as financial products and lower taxes appeared com. Regulators in Japan are planning to classify cryptocurrencies as “financial products” under the Financial Instruments and Exchange Act and introduce a tax overhaul for the sector. Summary Japan’s FSA plans to classify 105 cryptocurrencies as financial products. The agency wants to tax approved tokens at a flat 20% capital gains rate. Per local media, Japan’s Financial Services Agency wants to reclassify 105 cryptocurrencies under the same legal umbrella as stocks and bonds, which would bring them under investor protection rules and open the door to fairer taxation and stricter market conduct standards. Under this framework, digital assets like Bitcoin, Ethereum, and others approved for domestic exchange listings would be subject to mandatory disclosures, and therefore, exchanges would be required to clearly outline information such as the token’s issuer, the underlying blockchain infrastructure, and its historical volatility. Japan is one of the earliest adopters of crypto regulation, but the country has maintained a rigid framework with high tax burdens and strict oversight measures that have at times stifled retail and institutional participation. Under the current framework, cryptocurrencies in Japan are taxed as “miscellaneous income,” so high-income traders are often subject to tax rates of up to 55%, which makes it one of the most punitive regimes for crypto investors in the world. However, the FSA is pushing for a legislative proposal that would implement a flat 20% capital gains rate, which would bring cryptocurrencies in line with the tax treatment for traditional financial instruments. Reports that the FSA was preparing for policy change first surfaced in June this year, when the agency published a policy document calling for discussions on moving the sector under the Financial Instruments and Exchange Act. Oversight, in the meantime, is also a key agenda for the regulator, and preventing insider trading is another area that the. Continue reading Japan to reclassify crypto assets as financial products and lower taxes→

Japan FSA to Reclassify Cryptocurrencies Under New Tax Law

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The post Japan FSA to Reclassify Cryptocurrencies Under New Tax Law appeared com. Key Points: The Financial Services Agency of Japan proposes a tax shift for 105 cryptocurrencies. Proposal aligns cryptocurrency tax rate with stocks at 20%. Expected inclusion in Japan’s 2026 fiscal budget plan. Japan’s Financial Services Agency plans to reclassify 105 cryptocurrencies as financial products, resulting in tax cuts effective by early 2026, according to current proposals. This shift may enhance investor protection, align crypto with Japanese finance systems, and increase market appeal for retail and institutional participants. FSA Proposes 20% Flat Tax on Cryptocurrencies Japan’s Financial Services Agency (FSA) leads an initiative to reclassify 105 cryptocurrencies, including Bitcoin and Ethereum, under the Financial Instruments and Exchange Act by 2026. This move aims to tax these assets as capital gains at a consistent 20% rate, aligning with Japan’s stock trading tax. The reclassification denotes a shift from the existing miscellaneous income tax rate of 55% on crypto trading gains. The proposal, not yet law, highlights Japan’s strategy to enhance investor protection and offer tax clarity across financial products. As of now, there are no direct quotes from key players or industry leaders regarding Japan’s Financial Services Agency (FSA) proposed regulatory changes to cryptocurrencies. Here’s a summary that captures available information, but unfortunately, there are no cited quotes currently available: Market responses remain limited, as crypto industry leaders and stakeholders await official details. No significant statements have been made by prominent crypto figures, reflecting the reclassification’s current proposal phase rather than a finalized law. Potential Impacts on Market and Investment Did you know? In 2019, Japan expanded FIEA to include tokenized securities, facilitating traditional financial institutions’ market entry-an antecedent to this extensive crypto reclassification. Bitcoin (BTC) is trading at $95,061. 10, with a market cap of CoinMarketCap, reflecting a 58. 70% market dominance. The fully diluted market cap is CoinMarketCap. Over 24 hours, BTC. Continue reading Japan FSA to Reclassify Cryptocurrencies Under New Tax Law→