U.K. investors will no longer be able to add crypto exchange-traded notes (ETNs) to their tax-free individual savings accounts (ISAs) after the start of the new tax year on April 6, the Financial Times (FT) reported on Wednesday. The tax authority, His Majesty’s Revenue and Customs (HMRC), will reclassify cryptocurrency ETNs as qualifying instruments only
As Bitcoin tries to stabilize at $67,000, Michael Saylor, Chairman of Strategy, continues to demonstrate his trademark optimism on social media. In a new post on X, Saylor not only depicted himself carrying a large orange bag covered with Bitcoin logos but also added an intriguing caption suggesting he might need a “bigger” one. The
Haseeb Qureshi and Alexander Pack got into a public exchange about who truly founded Dragonfly Capital on the social media platform X after Qureshi posted an article detailing how to create a successful venture capital firm. Qureshi initially claimed that he built the firm from zero, but Pack challenged this narrative, stating instead that the
Crypto markets are in retreat during U.S. morning hours on Thursday, rapidly reversing yesterday’s strong gains. Just under $67,000, bitcoin $BTC$68,056.93 has pulled back more than 4% after touching $70,000 late on Wednesday. Ether (ETH) and solana (SOL) are showing similar declines. The selloff comes alongside a 2% decline in the Nasdaq following Nvidia’s (NVDA)
Network News AXIOM EMPLOYEE ACCUSED OF ALLEGEDLY INSIDER TRAINING BY ZACHXBT: Blockchain sleuth ZachXBT said a senior employee at onchain trading platform Axiom Exchange allegedly abused internal access to user data to track private wallets and potentially trade memecoins using inside information. In a thread posted to X, ZachXBT said Broox Bauer, a New York-based
Circle’s freshly filed S-1 registration statement has pulled back the curtain on the economics of the world’s second-largest stablecoin — and the numbers tell a striking story. In Q1 2025 alone, Circle paid $461 million in distribution costs, with the lion’s share going to Coinbase, its primary distribution partner. — The filing makes clear that
Citi is preparing to roll out infrastructure aimed at integrating Bitcoin into traditional finance, according to Nisha Surendran, who leads the bank’s digital asset custody development. Speaking at Strategy World, an event hosted this week by Bitcoin treasury firm Strategy, Surendran said the initiative is part of Citi’s effort to “make Bitcoin bankable” through custody,