Crypto News
BitMEX Announces Temporary Delisting of _NEXT Indices
BitMEX has temporarily delisted the _NEXT indices, which align with live indices for mark price calculations, with plans to relist in March 2025 ahead of the next index rebalance. (Read More)Source link
India Reviewing Its Crypto Stance as Global Outlook Eases: Reuters
The Indian government is rethinking its stance on crypto as the global view on digital assets starts to thaw, Reuters reported on Monday.Although crypto is unregulated in India, the country started taxing digital assets in 2022, charging 1% tax-deducted-at-source (TDS) on crypto transactions and introducing a 30% capital gain tax. Since then, the crypto sector has been trying to get the Narendra Modi-led government to ease taxation and bring policy clarity to grow digital assets in the country, but to no avail.The Indian government's review comes as Donald Trump's crypto friendly regime has reignited hopes of widespread crypto adoption in the U.S. and approval of more financial products linked to tokens."More than one or two jurisdictions have changed their stance...
BitMEX Highlights Lucrative Bug Bounty Program with Rewards up to $60,000
BitMEX is offering rewards up to $60,000 for participants in its bug bounty program on Hackerone, emphasizing heightened security measures. (Read More)Source link
Trump Pushes Ahead With Tariffs: States Anyone Against His Plan Is Controlled by China
President Donald Trump is moving forward with his administration’s plans to establish tariffs after facing heavy criticism due to the effects of the executive order signed recently. Trump accused everyone against tariffs of being controlled by foreign entities, including China. President Trump Propels Tariffs, States Critics Are Being Controlled The establishment of sweeping tariffs forSource link
XRP, Dogecoin Plunge 25% as Crypto Liquidations Cross $2.2B on Tariffs Led Dump
Major tokens slumped more than 25% in the past 24 hours as a new wave of tariffs imposed by the U.S. on Canada and Mexico over the weekend birthed talks of a global trade war — souring sentiment for risk assets.XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November. Most majors are down 40-50% in the past month, data shows, making it one of the steepest dives in recent years. Overall market capitalization fell 12%, the worst fall in over a year, while the broad-based CoinDesk 20 (CD20) lost 10%. Bitcoin (BTC) dropped 6%.Futures markets reflected these losses with traders of ether (ETH)-tracked products...