India’s CoinDCX CEO Is Hoping For Relaxation On Crypto Taxation In Budget 2025. And Can CoinDCX Acquire WazirX?

“I hope crypto finds some mention in this Budget, and some relaxation is granted on crypto taxation,” said Sumit Gupta, CEO and co-founder of CoinDCX, one of India’s leading cryptocurrency exchanges, while talking to local media.  Gupta highlighted that India must not shy away from regulating cryptocurrencies but instead take a leadership role in shaping … Read more

Coinbase launches Bitcoin loans for US users

Coinbase once again launched Bitcoin loans for its customers in the United States, excluding those in New York. The company added that the loans would eventually be available to users in other jurisdictions. The launch will be the second in the exchange’s history after the feature was shut down in 2023.  BlockFi, Genesis, and Celcius … Read more

Memecoin Named After Brian Armstrong’s Cat Explodes 216% After Coinbase Adds Altcoin to Listing Roadmap

A memecoin named after Coinbase co-founder Brian Armstrong’s cat is surging after the top US crypto exchange added the digital asset to its listing roadmap. Toshi (TOSHI), a memecoin built on the Ethereum (ETH) layer-2 scaling solution Base, soared by triple percentage points as Coinbase made the announcement. A day before the listing, TOSHI hit … Read more

GBP eases after November GDP disappoints – Scotiabank

The Pound Sterling (GBP) quickly gave back yesterday’s gains made on the better-than expected CPI data and has slipped a bit more today after November GDP disappointed, rising 0.1% M/M, versus 0.2% expected, on weaker industrial activity, Scotiabank’s Chief FX Strategist Shaun Osborne notes, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Cable is testing minor … Read more