Rajpalsinh Parmar

Key Highlights BNB Chain has announced the arrival of the biggest asset management company, BlackRock’s tokenized funds Binance will accept BlackRock’s tokenized treasury fund, BUIDL, as a for, on the BNB Chain network A new share class of the BUIDL fund will be launched directly on the BNB Chain network In the latest announcement, BNB […]

Key Highlights Bitcoin (BTC) has plunged below $99,000 after 3% drop in the daily chart, after facing massive liquidation  This comes after BTC ETFs witnessed major outflows in recent weeks, after witnessing turmoil  in the cryptocurrency  Binance founder Changpeng “CZ” Zhao will face off against noted economist Peter Schiff On November 13, Bitcoin (BTC) plummeted […]

Key Highlights Binance Wallet’s Initial DEX Offering (IDO) platform is the dominant leader for the new token launches It delivers an 11x current return on investment and a staggering 33x all-time high return This success comes after the cryptocurrency exchange’s wider ecosystem, including its resolution of major regulatory challenges In the latest report, the on-chain […]

Key Highlights Polymarket has reportedly rolled out its beta version in the U.S, returning to the country with the second biggest holders in the world. The company’s comeback comes from a strategic acquisition of a licensed U.S. derivatives exchange, QCX, and receiving a no-action letter from the CFTC. This comeback comes after Google added Polymarket […]

Key Highlights On November 12, SEC Chair Paul Atkins unveiled a new “token taxonomy” framework that clearly classifies digital assets, which also differentiates securities from commodities The announcement comes amid ongoing efforts for Congressional crypto legislation, like Senator Lummis’s bill to create a de minimis tax exemption for small Bitcoin transactions The framework also highlights […]

Key Highlights Anchorage Digital, a federally chartered bank, was named as the preferred custodian for the Stable mainnet launch The platform will enable enterprise-level stablecoin issuance on a purpose-built blockchain following new U.S. regulations Kyrgyzstan launched the world’s first government-issued, gold-backed stablecoins, the USDKG On November 13, Anchorage Digital was chosen as the preferred custodian […]

Key Highlights Germany’s Left Party and the Greens have proposed a change to eliminate the tax exemption on Bitcoin profits Parties believe that the current rule is unfair, which provides tax exemptions on Bitcoin holdings if it holds more than 1 year The proposal faced strong opposition and was quickly rejected in a Bundestag vote […]

Key Highlights SoFi has become the first chartered bank to provide a crypto trading service through its platform  Users will be allowed to make crypto investments directly through their SoFi bank accounts, though this investment will not be FDIC-insured This announcement comes while many major banks like JPMorgan, Goldman Sachs are preparing to introduce crypto […]

Key Highlights Strive has expanded its Bitcoin treasury, acquiring 1,567 additional Bitcoin at an average price of $103,315 The company expects the monthly dividends for its SATA preferred stock to be classified as Return on Capital (ROC) This structure is designed to provide tax advantages for investors, which increases the after-tax yield Strive has announced […]

Key Highlights BitMine Immersion announces the acquisition of 110,288 Ethereum tokens, acquiring 2.9% supply of the total circulating Ethereum tokens The company decided to capitalize on the dip in the cryptocurrency market after facing massive liquidation According to experts, whales are taking charge and helping Ethereum to recover from its catastrophic fall On November 10, […]