Day: 7 July 2025

In 2021, the global cryptocurrency market cap soared past $3 trillion, drawing millions of new participants eager to capitalize on skyrocketing token prices. Stories of early Bitcoin adopters turning modest investments into millions fueled a modern-day gold rush. Today, there are over 560 million crypto users worldwide, with daily trading ...

Cryptocurrency has evolved from a niche interest to a significant player in the global financial landscape. With this growth, tax authorities worldwide are intensifying efforts to regulate and monitor digital asset transactions. Navigating crypto taxes in 2025 is more complex than ever, with new reporting requirements and stricter enforcement measures ...

Robinson Point, Singapore, 7th July 2025, Chainwire

Ethereum may soon introduce a cap on the amount of gas a single transaction can consume, under a new proposal co-authored by Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter. Known as EIP-7983, the proposal recommends limiting individual transaction gas usage to 16.77 million units—a measure designed to enhance network ...

Metaplanet has significantly strengthened its position in the crypto space with the acquisition of 2,205 additional Bitcoin (BTC), the company announced on July 7. The purchase, valued at 34.5 billion yen (approximately $238.7 million), brings its total BTC holdings to 15,555 BTC—now worth around 225.8 billion yen ($1.7 billion) at ...

Ukraine has announced a sweeping new sanctions package aimed squarely at disrupting Russia’s use of cryptocurrencies to fund its ongoing war, President Volodymyr Zelenskyy confirmed on Sunday, intensifying Kyiv’s efforts to block digital channels allegedly fueling Moscow’s military. Today I signed a new Ukrainian sanctions package. These are special sanctions ...

The Smarter Web Company PLC has deepened its commitment to Bitcoin with the acquisition of an additional 226.42 BTC, reinforcing its long-term strategy to position the asset at the core of its treasury model. Valued at £17.87 million, the latest purchase was executed at an average price of £78,932 ($107,726) ...

Elon Musk has announced the formation of a new political group, the “America Party,” promising to support Bitcoin and challenge the dominance of the Republican and Democratic parties. The move, revealed on social media platform X, comes amid growing public frustration with traditional politics and government spending. Responding to a ...

Capriole Funds founder Charles Edwards has declared that “Bitcoin is now made in America,” after new data revealed the U.S. now accounts for over 75% of global Bitcoin mining. The Cambridge Digital Mining Industry report shows a major shift from just four years ago, when China held 50% of the ...

Authorities in the United Arab Emirates have issued a joint statement refuting recent online claims suggesting that digital currency investors are eligible for the country’s coveted golden visa program. The clarification was made by three key government entities: the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the ...