Regulations Kenya has introduced a 1.5% tax on every cryptocurrency transaction, triggering widespread alarm across Africa’s fintech landscape. While framed as a revenue-boosting measure, critics argue it could drive talent, startups, and innovation out of the country. Nairobi, long considered a fintech leader, now risks losing its competitive edge. This new tax may encourage companies … Read more
In brief Bitcoin topped $110,000 on Monday for the first time since late May. BTC fell below $101,000 as recently as June 5. It’s now less than 2% away from its all-time high. Bitcoin breezed past $110,000 late Monday afternoon, the first time it’s passed that threshold in nearly two weeks as investors looked hopefully … Read more
The intense growth of the crypto market is catching the attention of many investors. With the costly and complicated nature of conventional mining, many are looking for simpler and lucrative ways to benefit from this growth with minimal initial investment. Bitcoin cloud mining has attracted attention as the smartest option. With AI automation and greener … Read more
Blockchain data storage leader Serenity and U.S.-based fintech firm Zoniqx have partnered to launch a biometric-secured, compliance-focused tokenization pilot in the UAE. The initiative is expected to debut in Dubai within six months. According to the companies, this pilot marks a key milestone in building interoperable digital asset infrastructure linking U.S. and Gulf Cooperation Council … Read more
Billionaire investor Ray Dalio warns the U.S. is nearing a catastrophic breaking point, as spiraling debt, social division, and fiscal dysfunction mirror pre-civil war historical collapse. Ray Dalio Predicts US Breakdown as Debt Soars and Unity Cracks Billionaire hedge fund manager Ray Dalio shared a lengthy post on social media platform X on June 9, … Read more
In the last 24 hours, Bitcoin (BTC) has gained over $2,000, climbing from a low of $105,400.23 to over $107,500. Amid this rally signal, PlanB, a prominent Bitcoin analyst and founder of S2F, has dropped a bullish prediction. Bitcoin RSI retest could spark major bullish rally In a post supported by a chart of the … Read more
Uphold, the trading app that lets users swap everything from Bitcoin to gold, might be headed for Wall Street. The company is reportedly exploring an IPO or a potential sale, and it’s leaning into one of the loudest corners of the crypto world, the XRP community. The Uphold IPO would put another crypto-native company on … Read more
In a world where financial middlemen seem to grow by the day, one regulator is standing up and saying, maybe you don’t need them. SEC Chair Paul Atkins has made it clear that self-custody of crypto is not just a technical preference; it’s something much deeper. The right to self-custody means users can hold crypto … Read more
Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis … Read more
Mercuryo has launched Passkey, a new biometric login feature designed to make Web3 payments faster, safer, and easier for users. The update replaces traditional one-time passcodes with fingerprint or face ID verification, allowing users to access their accounts with just a screen lock, according to a note shared with crypto.news. Passkey, developed by the FIDO … Read more