Author: CryptoDigestAlert.com
The Pi crypto price has been in a freefall this month, continuing a trend that began late in November. Summary Pi Network price continued its freefall, reaching its lowest level since Nov.5. The daily volume of Pi plunged by 11% to $14 million, a sign of weak demand. This trend is happening after an investor filed a lawsuit against the developers. Pi Network (PI) token dropped to $0.2145, its lowest level in almost a month. It has dropped by ~25% from its November high, indicating it has entered a local bear market. The token has dropped as third-party data shows…
Crypto-Asset Reporting Framework: Hong Kong Opens Consultation on Crypto Tax Reporting Rules
TLDR: Hong Kong begins consultation to integrate CARF rules and enhance crypto tax-reporting obligations. Updated CRS rules introduce new digital financial products and stronger due-diligence requirements. Government plans mandatory registration and stricter penalties for institutions handling reportable data. Automatic exchange of crypto-asset tax information is targeted to start with partner jurisdictions in 2028. Hong Kong has opened a public consultation on the Crypto-Asset Reporting Framework (CARF) and related amendments to the Common Reporting Standard (CRS). The process begins as the government moves to align its tax-reporting system with new OECD standards for digital assets. Officials confirmed that the consultation will…
The cryptocurrency started the day at $89K before shooting up more than 5% to $94K, once again raising questions about the nature of its price movements. Andrew Tate Joins Chorus Suspecting BTC Price Manipulation When a bank CEO, a trader, and an Internet villain agree on something, it’s worth paying attention to. That is the […] Source link
TLDR: USDCx introduces a USDC-backed stablecoin to Aleo’s private blockchain using Circle xReserve. The integration enables crosschain movement of USDCx without external bridges or custodial risk. Aleo targets private payroll, aid distribution, e-commerce, and DeFi as core use cases. Zero-knowledge compliance tools allow institutions to meet standards without revealing user data. Aleo has rolled out USDCx on its testnet, introducing a new dollar-backed stablecoin supported by Circle xReserve. The launch brings USDC interoperability into Aleo’s zero-knowledge environment while removing reliance on third-party bridges. The integration reinforces the chain’s focus on private transactions and secure asset movement across networks. It also…
Analyst Reveals What You Should Look Out For
After breaking below $90,000 again, the next direction of the Bitcoin price is being hotly debated once again. This comes with the added burden of a number of major events coming around this week, as well as investor sentiment being stuck in the negative territory for an extended period of time. Crypto analyst, MarcPMarkets, shares his thoughts on the current state of the market and what investors should be looking out for as the next direction is determined. The Bearish And Bullish Scenarios In the analysis shared on the TradingView website, MarcPMarkets highlights the different scenarios that could determine where…
Dubai Customs and Binance have agreed to work together to expand digital payment capabilities by integrating crypto assets into commercial and logistical transactions. Signed during Binance Week 2025 in Dubai, between Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE in Dubai, Binance, which offers payment solutions including Binance Pay, will work to enhance trade flow and accelerate investment cycles by offering its solutions to Dubai Customs. Dubai’s local logistics sector to benefit from digital payments As per the agreement, digital assets will be integrated into the commercial transactions and logistics sector, supporting…
Dogecoin (DOGE) Faces Liquidity Exits, Could GeeFi (GEE) Be the Hidden Gem to Save Your Portfolio?
While the crypto community speculates on the future of established coins, GeeFi is demonstrating what real investor confidence looks like with its powerhouse presale. This all-in-one crypto ecosystem concluded its first phase in less than two weeks, raising a notable $500,000. The momentum has surged into Phase 2, which has already pulled in over $570,000 in contributions. Analysts are flagging the urgency, as the current phase is now over 70% sold out, with projections that Phase 3 could begin as early as next week. This signals that the best opportunity for early entry is quickly disappearing. Hype vs. High-Utility Dogecoin…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There’s a certain confidence with which Big Tech moves today — a confidence that doesn’t belong to private companies but to sovereign powers. Google decides what the world knows. Meta decides how the world communicates. Amazon decides what the world buys. These are not platforms anymore; they are empires. And like every empire before them, they extract. Summary Big Tech has created “Feudalism 2.0,” where global platforms extract user data like feudal lords, operate above nation-states, and…
TLDR: Coinbase powers over 80 percent of crypto ETF custody and trading in the current market Private companies staying private longer creates demand for blockchain-based capital formation Armstrong identifies Ethereum, Solana, and Base as networks positioned to host tokenized assets Coinbase manages half a trillion in assets it plans to use for tokenized product distribution Coinbase CEO Brian Armstrong delivered a bold forecast for the future of finance during a recent interview. He argued that the entire financial system will eventually operate on blockchain networks. Armstrong pointed to shifting market dynamics and regulatory burdens as catalysts for this transformation. His…
TLDR The CFTC has approved spot crypto trading on regulated U.S. exchanges for the first time in history. This decision marks a significant step in advancing the U.S. vision to become the global leader in crypto markets. CFTC-registered futures exchanges will now allow spot crypto products to be traded under regulated conditions. Acting Chairman Caroline Pham emphasized the importance of offering Americans safe and regulated crypto markets. Bitnomial, a regulated exchange, will launch the first-ever leveraged retail spot crypto exchange under CFTC rules. The U.S. Commodity Futures Trading Commission (CFTC) has approved the first-ever spot crypto trading on regulated exchanges.…
