Will Bitcoin Be Tax-Free in Australia? Legal Ruling Challenges ATO’s Crypto Policy

Key takeaways Australia is one of the world’s most crypto-aware nations, with over 31% of citizens owning digital assets and nearly 1,800 crypto ATMs across the country. Crypto is currently taxed as property in Australia, triggering capital gains tax (CGT) on disposal and income tax on mining, staking or payments. A May 2025 court ruling … Read more

Famous CEO’s Much-Talked-About Bitcoin (BTC) Criticism! “What They’re Doing Is Dangerous, It Will Eventually Hurt Bitcoin!”

Skybridge Capital founder Anthony Scaramucci, one of the vocal advocates of Bitcoin, made new statements. Accordingly, Anthony Scaramucci criticized companies issuing debt instruments to purchase Bitcoin (BTC) for their corporate treasuries. The famous CEO warned that this strategy would become obsolete, describing it as a risky trend that could harm Bitcoin. “This is Risky, Bitcoin … Read more

KuCoin Joins BitGo Singapore’s Go Network for Off-Exchange Settlement, Reinforcing $2 Billion Trust Project

June 19, 2025 – KuCoin, a leading global cryptocurrency exchange with over 41 million users, today announced its integration and exchange partnership with BitGo Singapore Pte. Ltd. (“BitGo Singapore”), a subsidiary of BitGo, Inc., through its Go Network for Off-Exchange Settlement (OES) platform. This collaboration marks another significant step in KuCoin’s $2 Billion “Trust Project” … Read more

China’s Central Bank Governor Envisions the End of US Dollar Dominance

China’s central bank governor, Pan Gongsheng, has indicated that a new global currency order may emerge, challenging the long-standing dominance of the U.S. dollar. Speaking at a financial forum in Shanghai, Pan emphasized the need for a “multi-polar international monetary system” where multiple sovereign currencies coexist and compete. He highlighted the renminbi’s growing role, noting … Read more

Why is The US Market Closed Today? What is Juneteenth National Independence Day?

Why is the US market closed today? Good question! June 19, 2025, marks Juneteenth, a federal holiday when Union troops arrived in Galveston, Texas, to deliver the proclamation that slavery had ended, two years after it was supposed to. Now a federal holiday, Juneteenth carries a dual weight. Here’s why Juneteenth is celebrated and what is … Read more

Virtuals Protocol Introduces Token-Based Insight Access with Backroom

Virtuals Protocol introduced Backroom, an AI-powered protocol that transforms raw data into curated, tradable insights for crypto communities. Users gain exclusive access to insights by holding Key tokens tied to each curated Room within the Backroom ecosystem. Virtual Protocol has announced Backroom, an AI-powered information protocol designed to not only display data, but also turn … Read more

Bitcoin Price Action Gets a Fresh Tailwind From the Fed Rate Pause

Key points: Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says. Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum. Order book liquidity leads analysis to forecast a short squeeze to take out $106,000. Bitcoin (BTC) should show “bullish tendencies” … Read more

France Rejects Bitcoin Mining Proposal

The French National Assembly has decided not to discuss the subject of bitcoin mining as a possible destination for the French energy surplus. The recently introduced amendment was rejected on procedural grounds, which means the measure’s intent was not fully discussed. National Assembly of France Dodges Bitcoin Mining Proposal for Now Bitcoin is now being … Read more