Japan is making a dramatic shift in its stance on cryptocurrency. The Financial Services Agency (FSA), which once imposed a steep 55% tax on crypto income, is now considering lowering it to a more manageable 20%. Additionally, Japan is exploring the approval of Bitcoin ETFs, potentially reversing its previous ban on the asset. This move likely comes as a result of SoftBank’s foray into crypto. Nevertheless, the country now looks keen to align itself with the rest of the world as far as the crypto consensus is concerned. With yet…
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Top 6 Meme Coins to Buy as SEC Acknowledges First-Ever Solana ETF Application
Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) has finally acknowledged a bid to create an exchange-traded fund (ETF) for Solana. The bid was filed by Grayscale, a crypto asset management firm. This is particularly noteworthy because it reflects a change of heart of the top regulatory body. After all, the SEC rejected a similar bid just six weeks ago. However, that was before Donald Trump arrived in the White House. So, this is another clear signal that the new US government is very…
Top US Crypto Exchange Coinbase Adds Three New Altcoins to Its Listing Roadmap
Coinbase added three relatively new altcoins to its listing roadmap on Friday, putting the tokens on the potential path toward trading on the top US digital asset exchange. The firm could soon support Morpho (MORPHO), Popcat (POPCAT) and Pudgy Penguins (PENGU). Morpho is a decentralized lending protocol built on the Ethereum (ETH) blockchain. The project’s native token launched in June 2022 and is trading at $1.81 at time of writing. The 188th-ranked crypto asset by market cap is down nearly 2% in the past 24 hours. Popcat is a Solana…
Crypto Market Top Near? Here’s Why There’s ‘Some Runway Left’
Este artículo también está disponible en español. After the recent crypto market corrections, some investor’s and market watchers’ bullish sentiment appears to have decreased, with many claiming the top is in. However, other analysts point out that several indicators don’t signal a cycle peak yet, suggesting that the bull still has some gas in its tank. Related Reading Crypto Market Capitalization Retests Key Level The crypto market has recently suffered continuous corrections that have halted the momentum from the post-US election. During the November-December rally, the industry achieved many milestones,…
Coinbase Crosses $420,000,000,000 in Assets As CEO Brian Armstrong Ranks Crypto Exchange Among Top US Banks
With Coinbase crossing $420 billion in assets, CEO Brian Armstrong is comparing the top US-based crypto exchange to leading US banks. In a new post to the social media platform X, Armstrong lays out the case for why he thinks Coinbase is now competing with the largest US banks, brokerages and payment companies. “If you think of Coinbase like a bank, we now hold about $0.42 trillion in assets for our customers, which would make us the 21st largest bank in the US by total assets, and growing. If you…
The Rich Hype Over Bitcoin – Will the Market Manifest a Bull Run for Top Meme Coins?
Este artículo también está disponible en español. Michael Sonnenfeldt recently announced that his private group Tiger21, which is composed of some of the wealthiest investors, collectively has a $200B net worth – $6B of which is strategically held in crypto, shining a light on top meme coins. Considering some of the richest allocate 1-3% of their capital to $BTC, why should anyone doubt cryptos’ potential? Well, to put it bluntly, the sector’s rife with scams. Look at the Jupiter DEX and the former Malaysian prime minister, for instance. Their X…
Bitcoin adoption pushed Metaplanet into Japan’s top 50, CEO says
Metaplanet’s move to a Bitcoin standard in April 2024 has propelled its stock into Japan’s top 50 by trading volume, CEO Simon Gerovich says. Japanese firm Metaplanet saw its market cap jump 7,000% after adopting the Bitcoin (BTC) Standard in April 2024. Metaplanet chief executive Simon Gerovich noted in an X post on Feb. 4 that the Tokyo-listed firm is now ranked “among the top 50 in terms of trading volume” among the approximately 4,000 listed companies in Japan. He also noted that “high liquidity” the company is currently facing…
Top cryptocurrencies to watch this week: Litentry, Flare, Pi Network
Cryptocurrency prices are retreating amid concerns about President Donald Trump’s tariffs and a hawkish Federal Reserve. Bitcoin (BTC) and Ethereum (ETH) were on the downtrend after Trump announced plans to implement sweeping tariffs on Chinese, Mexican, and Canadian goods. The tariffs will likely lead to higher inflation, and push the Fed to maintain higher interest rates for longer. Some of the top crypto to watch this week will be Litentry (LIT), Flare (FLR), and Pi Network (PI). Litentry LIT price chart | Source: crypto.news Litentry price went parabolic, reaching a…
Hottest ERC-20 Meme Coins to Buy after Top Swiss Bank Begins Blockchain Tests
Crypto adoption isn’t slowing down—it’s accelerating. UBS, Switzerland’s largest bank, just started testing blockchain-based digital gold investments using ZKSync, an Ethereum Layer 2 solution. That’s another major institution moving into crypto. And UBS isn’t alone. Tether is migrating to the Bitcoin blockchain. MicroStrategy keeps buying Bitcoin like it’s their full-time job. Musk’s X Payments might bring Dogecoin into the mix. Every bull run has a theme, and this one is shaping up to be institutions going all-in on blockchain. If that keeps happening, the next 100x meme coin might be…
Top Decentralized Exchange Uniswap (UNI) Rolls Out New Protocol Upgrade Across Multiple Chains
Uniswap (UNI), the top decentralized exchange (DEX) by trading volume, has rolled out a new protocol upgrade across multiple chains. The DEX says its new “v4” transforms the protocol into a “developer platform.” “Made possible with the introduction of hooks – contracts that allow anyone to customize how pools, swaps, fees, and LP (liquidity provider) positions interact. Hooks mean unlimited new features that drive deeper liquidity and more swaps. The lowest cost version of the protocol yet. Pools on v4 are expected to be 99.99% cheaper to create, and swappers…