Indonesia has implemented sweeping cryptocurrency tax increases effective August 1, raising transaction taxes up to five times higher while doubling mining VAT rates, as the government seeks to capture more revenue from the booming $39.67 billion crypto market.
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Category: Cryptocurrencies
ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line
ChatGPT’s XRP Analysis details a $3.09 price holding above the 200-day EMA at $2.88 while trading below shorter EMAs, with volume off 13%. Bloomberg has raised ETF approval odds to 95%, and SEC case progress has supported sentiment, framing a breakout toward $3.50 or a pullback to support.
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Strategy Doubles Down: 21,021 Bitcoin Acquired After Record $2.5B IPO for New “Stretch” Stock
Strategy has secured $2.521B by issuing 28,011,111 Series A Stretch Preferred Stock at $90 each, making 2025’s largest U.S. IPO and biggest perpetual preferred issue since 2009. Proceeds fund 21,021 BTC at $117,256, lifting reserves to 628,791 BTC before the Nasdaq debut on July 30.
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China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Solana by the End of 2025
DeepSeek Predicts has projected strong 2025 price moves for XRP, Dogecoin, and Solana, arguing that Bitcoin’s new record high of $122,838 has revived optimism. Cooling RSI readings, possible spot ETFs, and clearer regulation are cited as factors that may push these altcoins to fresh records.
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Crypto Price Prediction Today 29 July – XRP, Cardano, Shiba Inu
Crypto price prediction today has outlined how Bitcoin’s recent record high has supported a broader upswing across key altcoins. Forecasts discuss XRP’s post-lawsuit inflows, Cardano’s academic development model, and Shiba Inu’s Shibarium utility, alongside meme-token presales gaining traction.
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South Korean Central Bank Unveils New ‘Cryptoassets Department’
South Korea’s Central Bank has announced it will reorganize its structure to include a “cryptoassets department” as a wave of public sector stablecoin-related activity continues to build momentum.
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D2X Raises €4.3M from Circle, CMT Digital to Expand Institutional Crypto Derivatives
Amsterdam-based crypto derivatives exchange D2X has secured €4.3 million in fresh funding from a lineup of heavyweight backers, including CMT Digital.
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Crypto Lender Abra Secretly Pauses Withdrawals, Customers Fear $700M Platform Collapse
Crypto lender Abra has quietly paused withdrawals for international customers without public announcement, sparking fears of another major platform collapse similar to Celsius and BlockFi as desperate users flood social media demanding access to their frozen funds.
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Hong Kong Monetary Authority Releases Stablecoin Licensing Framework – CBDCs Coming Soon?
Hong Kong has formalized oversight of stablecoins, issuing licensing and AML guidelines effective Aug 1. Issuers must seek HKMA feedback by Aug 31 and file full applications by Sept 30, while existing operators have a transition period to meet new governance standards.
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RedStone Launches ‘First Oracle with Native Liquidation Intelligence’
RedStone has launched its Atom oracle, which captures “value at the source, inside the oracle layer itself” and sends the recaptured MEV directly to the protocol.
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