The United States is intensifying pressure on Iran’s financial networks, focusing increasingly on cryptocurrency exchanges and digital assets that Washington says have helped Tehran move money internationally and bypass sanctions. The action comes as tensions remain high over commercial shipping and negotiations involving the Strait of Hormuz. U.S. authorities have previously targeted Iranian exchanges and individuals accused of facilitating transactions connected to t

Crypto investors should review transaction records, TDS credits, AIS, Form 26AS and Schedule VDA details before the July 31, 2026, ITR deadline. Accurate reporting of every crypto trade can help avoid mismatches, missed tax credits, excess tax payments and possible income tax notices. Crypto Records Must Cover Every Exchange And Wallet Cryptocurrency investors preparing their income tax returns should first download their complete tra

President Donald Trump’s 2025 financial disclosure shows more than $2.2 billion in reported revenue and income from cryptocurrency ventures, golf properties, licensing agreements, investments and legal settlements. The U.S. Office of Government Ethics released Trump’s certified annual financial disclosure on Tuesday, June 30, 2026. The nearly 1,000-page filing provides an extensive but incomplete picture of his businesses, assets and incom

Coinbase Layoffs Signal Major AI Shift Coinbase layoffs will affect about 14% of its workforce, cutting roughly 700 jobs as the crypto exchange moves toward an AI-driven operating model. The decision comes before Coinbase’s earnings update, putting fresh attention on how artificial intelligence and crypto market volatility are reshaping one of the world’s biggest digital asset platforms. Why Coinbase Is Cutting Jobs CEO B

On April 27, 2026, Bitcoin touched a 12-week high near $78,000, driven by institutional demand, global economic trends, and long-term investor confidence. Bitcoin has climbed to a 12-week high, hovering close to the $78,000 mark as of April 27, 2026, reflecting a steady and controlled u

Amid ongoing global economic challenges linked to the pandemic, Infosys has reportedly initiated a major financial technology project called Mumbai AI. The initiative, backed by a reported $1.5 billion investment in bitcoin, is positioned as an effort to expand access to cryptocurrency markets for everyday users. The project was initially kept confidential at the request of Infosys founder Narayana Murthy while development was underway. Murthy stated that the company’s broader goal

Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin

Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline. The recent se

The Trump family’s wealth has fallen by more than $1 billion following sharp losses in a range of cryptocurrency, memecoin, and other speculative digital asset investments. According to the Bloomberg Billionaires Index, the family’s net worth declined from roughly $7.7 billion in early September to around $6.7 billion, reflecting the impact of severe volatility in the broader crypto market as well as significant depreciation in Trump-linked tokens. The downturn marks one of the most subst

The cryptocurrency market witnessed another downturn over the past 24 hours, mirroring the broader risk-averse sentiment in global markets. The overall market capitalization fell by 1.06%, led by weakness in major tokens as investors reassessed their exposure amid rising U.S. inflation expectations, ETF outflows, and growing uncertainty in digital asset trading. Bitcoin, the largest cryptocurrency by market value, dropped 0.64% in the last day and was trading around $121,186 at the

Bitcoin has once again shattered its previous records, rising to a new all-time high of $125,689 during Asian trading hours on October 5, 2025. This marks a significant milestone for the world’s largest cryptocurrency, surpassing its earlier peak of $124,514 set in August. At the time of writing, Bitcoin was trading at $123,791.15, up by more than 10 percent over the past week, reaffirming its position as the dominant force in the digital asset space. The latest rally has reig

The Trump family has entered cryptocurrency in a major way with the launch of World Liberty Financial and its digital token, $WLFI. The debut of this venture has quickly become one of the most high-profile events in the crypto world of 2025 and is estimated to have elevated the family’s holdings to nearly $6 billion. While the launch created massive buzz across global markets, it also sparked renewed debate about potential conflicts of interest between President Donald Trump’s rol

India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied

GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,

The United States Senate has taken a major step toward regulating stablecoins, a rapidly expanding segment of the cryptocurrency market. In a procedural vote on Monday, the Senate voted 66-32 to advance a bill designed to establish a federal regulatory framework for stablecoin issuers, marking a significant development in a legislative process that had previously stalled due to political tensions. Stablecoins are digital currencies tied to tangible assets such as the US dollar or

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui

The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

President-elect Donald Trump has appointed David Sacks, former PayPal COO and prominent podcaster, as the White House czar for artificial intelligence (AI) and cryptocurrency. This newly created role will see Sacks guide the administration's policy on these crucial sectors, which are seen as vital for America's future competitiveness. However, the specifics of how this new role will function within the government remain unclear. Trump praised Sacks for his business acumen, intelligenc