South Africa proposes crypto tax guidance under existing rules
South Africa’s Revenue Service has published draft guidance on how crypto assets should be taxed under the country’s current tax laws. The proposal seeks public feedback until August 31, 2026, before SARS moves toward a final version. Summary SARS says…
Lummis says CLARITY Act can reshape U.S. crypto finance
Senator Cynthia Lummis has renewed her call for lawmakers to advance the CLARITY Act, a bill aimed at setting clearer rules for digital asset markets in the United States. A post shared by CryptoGoos cited Lummis as saying the bill…
What Are XRP’s Next Targets After 8% Weekly Surge?
Ripple’s XRP has delivered a strong recovery from its recent lows, validating the bullish divergence that developed near support. While the broader market structure remains corrective, the latest rally has pushed the price back toward a critical technical inflection point…
Kraken lets tokenized stocks power leveraged crypto trades
Kraken has started allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading on Kraken Pro. The update gives traders a way to support leveraged crypto positions without selling those tokenized holdings first….
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
First-Ever Crypto Fraud Case Under New Investor Protection Law
South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called…
XRP’s Price Enters FUD Zone as ETF Inflows Explode: Is a Rebound Coming?
Data suggests that extreme XRP hype often appeared near local tops, while deep fear historically created rebound opportunities afterward. Ripple (XRP) has been trading lower over the past month. The price briefly jumped above $1.50 a few times, but…
Russia Tells Visa and Mastercard to Finally Leave as Market Share Plummets Below 17%
Key Takeaways Citing system costs, the Bank of Russia wants Visa and Mastercard to fully exit as their market share dropped below 17%. As cashless payments hit 88%, Ilya Grashchenkov expects a calm, disruption-free market shift. Experts point out that…
Bitcoin price faces Iran shock as BTC volume crashes 81%
Bitcoin traded near $76,600 on May 26, down 0.72% over 24 hours, according to crypto.news price data. Summary Bitcoin spot volumes dropped 81% since October 2025, returning toward July 2023 bear-market activity levels. Binance volume fell to $36.4 billion, while…
CME’s 24/7 Crypto Futures May End the Classic Bitcoin Weekend Gap
CME Group (CME) is preparing to move crypto futures and options to near-24/7 trading starting May 29, 2026, in a change that could cause the familiar “Bitcoin weekend gap” to disappear on the world’s largest derivatives exchange. This plan still…
Now Official: Binance to Enter PH via Blockshoals Partnership, SEC Sandbox Framework
Global cryptocurrency exchange Binance is officially entering the Philippine via a partnership with a local fintech firm. Announced Tusday, Binance said it will have a partnership with local fintech firm BlockShoals Technologies Inc. to operate within the Securities and Exchange…
Is the Peace Deal Off?
Bitcoin has taken a minor dip as the US resumed airstrikes on Iran despite hopes of a de-escalation. Bitcoin prices slid back below $76,500 on Tuesday morning, down 1.5% from its intraday high of $77,700 on Monday. The move…
Meltem Demirors Says Banks Won as Bitcoin ETFs Pull Crypto Into Wall Street’s Orbit
Key Takeaways Meltem Demirors argued on Fox Business that spot ETFs triggered an institutional identity crisis. Purists fear Wall Street asset managers stall utility, leaving bitcoin as just a speculative risk asset. Up next: Crypto may shift to serve as…
OKX’s X Layer lets users build their own crypto markets
OKX’s Ethereum-compatible Layer 2 network X Layer has introduced Exchange OS, a protocol upgrade that lets developers, institutions, and ecosystem teams deploy their own trading venues. Summary X Layer launched Exchange OS to let developers create spot, perpetual, and outcome…
SEC Issues Cease and Desist: Orders BG Wealth to Stop Crypto Investment Operations in PH
The Philippine Securities and Exchange Commission (SEC) has issued a cease and desist order against BG Wealth Sharing Ltd. and its listed founder, Stephen Beard, for the unauthorized solicitation of investments. The order, finalized on May 20 by the regulator’s…
Ethereum Foundation Is “Not the Center of Ethereum,” Claims Vitalik Buterin
Vitalik Buterin said that the Ethereum Foundation will become a “smaller ship” that pushes for “longevity over breadth.” Ethereum co-founder, Vitalik Buterin, said the Ethereum Foundation (EF) is moving toward a smaller, more focused role within the broader ETH…