Canada is handing back $148 million to 30 US-based companies after repealing the digital services tax (DST) that briefly made it one of the most aggressive jurisdictions for taxing Big Tech. The Canada Revenue Agency processed the refunds, plus $4 million in interest, by the end of April 2026. The DST, a 3% levy on
Bitcoin is testing its 200-day moving average at $82,000, driven by recent massive cash inflows and increased interest from global financial giants. Prominent figures in the financial world, participating in “The Wolf of All Streets,” analyzed the moves of giants like BlackRock, Apollo, and MicroStrategy, offering crucial predictions about the market’s future. Dave Weisberger, former
Ripple joined the Prime Unicorn Index alongside OpenAI, SpaceX, Databricks and Stripe, as the only blockchain infrastructure company among the top ten. The company participated in a pilot with Mastercard, Ondo Finance and JPMorgan Chase to test a tokenized Treasury redemption flow on the $XRP Ledger. Ripple is currently running a $25 million education program
Circle’s (CRCL) upcoming Arc blockchain and its $222 million token presale are raising a broader question for crypto investors: should Circle still be valued mainly as a stablecoin issuer, or as an infrastructure company building the rails for digital finance? Alongside its quarterly earnings this week, the company announced a major fundraising round for Arc
Ripple (XRP) continues to make new moves. This time, Ripple has both made a new deal and invested. According to Bloomberg, Ripple Prime has reportedly signed a $200 million loan agreement with Neuberger Berman to expand its margin trading operations. Ripple Prime, Ripple’s institutional main brokerage platform, has secured a $200 million loan commitment from
In recent days there have been substantial capital inflows into crypto ETFs. Although not every single day ended with overall net inflows, the correlation with price movements is quite clear. In fact, these inflows appear to have fueled the recent gains in crypto. Ethereum ETFs The most emblematic recent case is that of Ethereum. Starting
Payward, the parent company of crypto platform Kraken, is raising new capital at a $20 billion valuation, according to two people with knowledge of the matter. Kraken declined to comment on the raise. The latest fundraising round comes as the company ramps up spending on takeovers. Most recently, it bought stablecoin-focused payments firm Reap for
Boundary Labs, a startup focused on stablecoin infrastructure, is preparing to launch USBD, a verifiable stablecoin designed exclusively for institutional clients. The company recently secured $2 million in a seed funding round led by Galaxy Ventures, according to a report by The Block. What Makes USBD Different Unlike retail-focused stablecoins such as $USDT or $USDC,
Anchorage Digital, the first federally chartered crypto bank in the U.S., says it will take a back seat to the Global Dollar stablecoin ($USDG) consortium, which includes Robinhood and Kraken. $USDG, which has a circulating supply of around $3 billion, is issued by Paxos Digital Singapore and supervised by the Monetary Authority of Singapore. Other
US President Donald Trump made noteworthy statements regarding the ongoing tensions and ceasefire talks with Iran. Trump described Iran’s latest offer as “completely unacceptable” and “a foolish proposal,” while stating that the possibility of a diplomatic solution remains on the table. Trump reiterated that they would not allow Iran to possess nuclear weapons, saying, “We