India Flags Crypto Risks For Tax Enforcement

Financial authorities in India have reiterated concerns over cryptocurrency transactions, warning they may complicate tax enforcement. India’s Income Tax Department (ITD), under the Central Board of Direct Taxes (CBDT), flagged major risks linked to crypto activity during a parliamentary standing committee on finance, The Times of India reported on Thursday. The warning came during a…

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Bitcoin suddenly dips under $90K, triggering over $100M in long liquidations in past hour

Key Takeaways Bitcoin’s price fell below $90,000, leading to long liquidations exceeding $100 million within an hour. This decline in value is attributed to substantial outflows from Bitcoin investment products, with US spot Bitcoin ETFs witnessing $486 million in redemptions, marking the largest single-day outflow since late November. Share this article Bitcoin fell under $90,000…

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Strategy Soars After MSCI Confirms Inclusion Of Bitcoin Treasury Firms In Its Index

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Wednesday, shares of Strategy (MSTR) climbed by 6% after Morgan Stanley Capital International (MSCI) announced that it would maintain the inclusion of digital asset treasury companies (DATCOs) in its indexes.  Strategy Maintains Index Designation  Speculation surrounding a potential exclusion of Strategy—the…

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