US President's decision comes a day before he is slated to meet with executives from the cryptocurrency industry at the White House
The US, for example, holds around $17 billion equivalent of cryptocurrencies seized from criminals, and China is estimated to hold around $19 billion
US President Donald Trump's announcement of establishing a US 'Crypto Strategic Reserve' contributed to a $300 billion rally in the global crypto market
Taxing FIIs on their gains, who face forex risks, and have no tax set-off available in their home country is a big mistake that the government is making, said Sami Arora at BS Manthan.
Cryptocurrency is highly volatile, and prices can change rapidly. Even with Tuesday's drop, bitcoin is still up significantly since Trump won last year's election
In its early days, investors received payouts in Bitcoin, fuelling the illusion of a lucrative venture. However, as the influx of new capital dwindled by 2017, the charade began to crumble
Trump's own $TRUMP-branded "meme coin," launched on Friday evening, was down 20.5 per cent at $39.68 on Tuesday
Token's rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump's rapidly reaching a market capitalization of more than $15 billion before declining sharply
Here's how leading brokerages have interpreted Donald Trump's latest statements, and what his presidency could mean for trade tariffs, markets, crypto, H1-B immigration visa and other asset classes
Bitcoin has surged in price since Trump's victory, topping $100,000 for the first time last month before briefly sliding down to about $90,000 earlier this week
Still under discussion for inclusion in the executive order is a directive for all government agencies to review policies about digital assets and possibly pause any litigation involving crypto
The iShares Bitcoin Trust (ticker IBIT) smashed industry records in its launch year of 2024. In just 11 months, it grew to a behemoth with more than $50 billion in assets
Until recently, only a handful of luxury brands including LVMH watch labels Hublot and Tag Heuer as well as Kering-owned fashion brands Gucci and Balenciaga have experimented with crypto payment offer
Early indicators point to a weaker start, as GIFT Nifty futures were trading 51 points lower at 24,687 around 6:31 AM
Crypto markets have seen large gains since Trump's election victory as the industry expects a more friendly regulatory environment
Bitcoin, the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148 and was most recently at $106,877, up 5.43% from late Friday
Bitcoin soared above $106,000 for the first time, buoyed by signs President-elect Donald Trump will go ahead with a potential strategic bitcoin reserve
Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688
Go with an exchange that offers security features such as two-factor authentication (2FA), withdrawal whitelist, and encryption
President-elect Trump is World Liberty Financial's chief crypto advocate, and sons Eric, Don Jr and Barron are ambassadors, according to the WLF website