How India’s Union Budget 2025 maintains crypto taxes India’s Union Budget 2025 has made no changes in the existing tax rules for cryptocurrencies, maintaining the provisions of the Finance Act 2022 for virtual digital assets (VDAs) like Bitcoin (BTC) and Ether (ETH). Under Section 115BBH of the Income Tax Act, profits from selling VDAs are…
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Bitcoin’s shrinking supply: What’s going on? With less BTC in circulation, experts are bracing for a potential supply shock. Bitcoin’s hard cap of 21 million coins has always been central to its appeal. However, by 2025, this built-in scarcity is no longer just a theoretical feature; it’s becoming a market reality. 93% of all Bitcoin…
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Opinion by: Michael Tabone, Senior Economist at Cointelegraph On Saturday, June 21, 2025, the US hit Iranian nuclear facilities, causing a short-lived dip in the price action of Bitcoin (BTC). Bitcoin rebounded before its Sunday close to just under 1.27% of its price before the US military effort. For 10 days in June, missiles flew…
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Key takeaways Honeypot scams lure investors with fake liquidity, price movement and hype, but the contracts are rigged to prevent exits, locking funds permanently. Modern honeypots include tampered cold wallets sold via platforms like TikTok, preloaded with private keys that scammers use to steal funds instantly. Variants like high sell tax honeypots and “honeypot-as-a-service” kits…
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Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts. In a statement sent to Cointelegraph on Monday, a Canaan representative said it “has successfully completed a pilot production run in the US,” replicating its Malaysia-based operations. Canaan also announced the…
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Key takeaways Crypto index funds and ETFs provide diversified exposure to digital assets, helping investors earn passive income without actively managing portfolios. Centralized and decentralized options exist, with ETFs available on stock exchanges and DeFi-native index tokens accessible via Web3 wallets. Income sources include asset appreciation, staking, DeFi yields and covered call strategies, depending on…
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Key takeaways: Bitcoin’s volatility has fallen below major US stock indexes, even amid escalating Iran–Israel tensions. Long-term holders now control a record 14.53 million BTC, reducing the circulating supply. Analysts expect Bitcoin to continue rising, with some projecting $150,000 by the end of 2025. Bitcoin’s (BTC) price has been more stable for several weeks than many…
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Hardware wallet producer Trezor warned users about an ongoing phishing campaign that mimics the company’s official customer support replies. In a Monday X post, Trezor warned that the firm is aware “attackers abused our contact form to send scam emails appearing as legitimate Trezor support replies.” The company reminded its customers not to share wallet…
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A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset. The unknown investor sold 300 Bitcoin (BTC) for $29.8 million on Sunday after patiently holding the coins for more than 11 years, according to Whale…
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Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its latest BTC purchases as the cryptocurrency slid in response to escalating geopolitical fears last week. Strategy acquired 245 Bitcoin (BTC) for $26 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. The cost of…
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