Saturday, December 6

Crypto

Uzbekistan Approves Stablecoins for Payments in New Sandbox

Uzbekistan is moving to bring stablecoins into its formal payment system, starting with a tightly controlled development sandbox, according to local media.According to a Friday report by local news outlet Kun, Uzbekistan’s new stablecoin regulatory framework will come into force…

13 Years Since Bitcoin’s First Halving: Mining In 2025

Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC.Now, with Bitcoin (BTC) having completed four halving events and block rewards standing at just 3.125 BTC, the…

Tether Pauses Bitcoin Mining In Uruguay Over Rising Costs

Tether, issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay because of rising energy costs.“We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph on Friday, adding that the company…

Bitcoin Analysts Say This Must Happen for BTC Price to Break K

Bitcoin’s (BTC) relief rally to $91,000 appears to be cooling, but analysts say the short-term trend for BTC “remains up.” Key takeaways:Bitcoin must next take out immediate resistance between $92,000 and $95,000.Spot volume and trading activity must recover to lift BTC…

South Korea Expands Travel Rule in Major AML Crackdown

South Korea is preparing one of its toughest Anti-Money Laundering (AML) crackdowns as it plans to expand its crypto Travel Rule to cover transactions under 1 million won ($680).According to a Yonhap News report, the chairman of the country’s Financial…

Crypto Sentiment At Levels When BTC Last Traded Above 0K

Crypto market sentiment is beginning to show signs of improvement, as Bitcoin holds above $90,000, with the attitude toward the market now stronger than it was earlier this month when Bitcoin was trading above $100,000.The Crypto Fear & Greed Index,…

UK Floats ’No Gain, No Loss’ Taxes on DeFi Transactions

The UK has floated a new tax framework that eases the burden on decentralized finance (DeFi) users, with deferred capital gains taxes on crypto lending and liquidity pool users until the underlying token is sold, which the local industry has…

South Africa Central Bank Finds No Urgent Need for CBDC

The South African Reserve Bank says it doesn’t see a need for a central bank digital currency in the near term, instead saying the country should modernize its payments system.The South African central bank said in a paper released on…

Switzerland Delays Crypto Tax Sharing Rule Until 2027

Switzerland has delayed implementing rules that would automatically exchange crypto account information with overseas tax agencies until 2027 and is still deciding which countries it will share data with.Crypto-Asset Reporting Framework (CARF) rules will still be enshrined into law on…

DEX Trading Volumes Surge on Memecoins Mania

Crypto decentralized exchange (DEX) trading volumes have surged to a peak against their centralized counterparts, driven by a “memecoin speculation mania,” says CoinGecko.The ratio of spot crypto trading on DEXs compared to centralized exchanges (CEXs) has more than tripled in…

ETH Whales Abstain As Data Shows Reduced Odds For K Rally

Key takeaways:ETH derivatives exhibit a fading bullish appetite as Ethereum’s TVL declines and network fees decrease, reinforcing persistent risk aversion.US job layoffs climb, and seasonal hiring weakens, leaving traders waiting for fresh liquidity before rebuilding confidence in ETH’s near-term upside.Ether…

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