The FinTech Hub
Source: Live Mint David Sacks, President Donald Trump’s adviser for artificial intelligence and cryptocurrencies, and his venture-capital firm Craft Ventures have divested more than $200 million worth of holdings related to the digital-asset industry, according to a memo released by the White House. Sacks and Craft Ventures sold all their liquid cryptocurrency holdings, including Bitcoin,…
Source: Live Mint The United State’s tariff war and federal job cuts continue to impact the markets and economy, dragging cryptocurrencies down for a second day on March 11, 2025. In fact, Bitcoin is at the lowest its been since Donald Trump won the US election in November 2024. The world’s largest cryptocurrency at 7.35…
Source: Live Mint Bitcoin prices fell over 5% on Friday after White House crypto czar David Sacks indicated that the US government wouldn’t use taxpayer money to fund a strategic stockpile of the largest digital asset ordered by President Donald Trump. Bitcoin price dropped as much as 4.63% to $87,925 as of 10:35 AM. Prices…
Source: Live Mint The cryptocurrency market benchmark indicator, Bitcoin, witnessed an almost 5 per cent rise to $89,400 as Donald Trump announced a huge US crypto reserve move on Sunday, March 2, 2025. Bitcoin gained nearly 5 per cent to $89,400 after Donald Trump’s announcement, compared to $85,166.29 levels at around 8:50 p.m. (IST), according…
Source: Live Mint By Rae Wee and Brigid Riley SINGAPORE (Reuters) – Bitcoin hit its lowest since November and was set for its biggest weekly fall in over two years, swept up in a sell-off in tech stocks at a time when a $1.5 billion hack and doubts about U.S. crypto policy has left industry…
Source: Live Mint (Bloomberg) — Bitcoin and Ether prices dipped, while smaller tokens saw worse losses, as traders reacted to an almost $1.5 billion hack of the Bybit exchange that analysts say was the largest crypto theft ever. Bitcoin reversed an earlier gain of as much as 1.4% on the day to fall 2.1% and…
Source: Live Mint Donald Trump’s cryptocurrency $Trump has turned out to be a bad investment for thousands of investors who rode the high tide, putting their money in the memecoin launched three days before the US President’s inauguration in January. Launched on January 17, Trump announced the launch of his cryptocurrency $Trump, asking his followers…
Source: Live Mint (Bloomberg) — European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves. Responding to comments by her Czech counterpart, Ales Michl, that his institution will look into the matter, she cast doubt on such prospects, saying the cryptocurrency doesn’t meet criteria…
Source: Live Mint Brian Armstrong, the CEO of cryptocurrency exchange Coinbase Global Inc. shared that the company needs to “rethink” how it lists and evaluates various coins as a host of new tokens are created each week. “We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created…
Source: Live Mint As the Union Budget 2025 approaches, the cryptocurrency industry in India anticipates a more favourable tax and regulatory environment. India has consistently ranked among the top nations in crypto adoption. However, the sector still faces challenges from the 2022 Union Budget, which imposed higher taxes, including a 1% TDS on crypto transactions…
