🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

US House crypto tax package omits mining, staking reward deferral

US House crypto tax package omits mining, staking reward deferral

The US House Ways and Means Committee will consider a 114-page crypto tax package on Wednesday that leaves out a provision that would have allowed miners and stakers to defer taxation of rewards until the tokens are sold.The Digital Asset Tax Certainty Act, H.R. 10357, was published alongside the co…

Treasury Secretary Bessent Says Buybacks Can Exceed $4B: Bullish for Bitcoin?

Treasury Secretary Bessent Says Buybacks Can Exceed $4B: Bullish for Bitcoin?

U.S. Treasury Secretary Scott Bessent told CNBC on Thursday that the government’s bond buyback program could grow.He noted that there is every indication that the buybacks could exceed the $4 billion per operation ceiling it set just a day earlier, a signal that helped drive Bitcoin toward its high…

Avalanche: Kenya academic credentials go onchain - 03 Aug 2026

Avalanche: Kenya academic credentials go onchain - 03 Aug 2026

Kenya's academic records are now verifiable and forgery-resistant on Avalanche through the Kenya National Examinations Council, with more than 30 million credentials brought onchain.A national credential system gives Avalanche a public-sector verification role with a practical administrative use cas…

South Korean stablecoin outflows top $367M in June: Report

South Korean stablecoin outflows top $367M in June: Report

South Korea saw 560.3 billion won ($367 million) in stablecoin outflows to overseas exchanges in June, extending the country’s streak of monthly net stablecoin outflows to 18 consecutive months.The figure comes from Financial Supervisory Service (FSS) data obtained by Yonhap News Agency through Peop…

Breaking: South Korea Confirms Crypto Tax Starts in 2027 with 22%

Breaking: South Korea Confirms Crypto Tax Starts in 2027 with 22%

South Korea has officially ended years of uncertainty over its crypto tax policy. Starting 1 January 2027, investors will pay tax on crypto profits under new government rules.The decision will directly affect more than 13 million crypto investors across one of the world’s largest digital asset marke…

Seoul Police Arrest Three in $19M Fake XRP Staking Scam

Seoul Police Arrest Three in $19M Fake XRP Staking Scam

South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns.Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows tot…

Salvadoran Opposition Parties Nominate 2027 Presidential Candidates, Criticize Bukele's Bitcoin Policy

Salvadoran Opposition Parties Nominate 2027 Presidential Candidates, Criticize Bukele's Bitcoin Policy

El Salvador’s two main opposition parties have formally nominated candidates for the February 2027 presidential election. According to Odaily, the Nationalist Republican Alliance named former lawmaker Maytee Iraheta, while the Farabundo Martí National Liberation Front nominated doctor and labor lead…

Taiwan sentences BitShine crypto exchange ringleader to 22 years in $39 million fraud case: reports

Taiwan sentences BitShine crypto exchange ringleader to 22 years in $39 million fraud case: reports

Taiwan has sentenced the ringleader behind crypto exchange BitShine to 22 years in prison for defrauding over 1,500 victims of NT$1.27 billion ($39 million), local media reported.According to a Thursday report by the semi-official Central News Agency, the Shilin District Court sentenced the defendan…