The Cointelegraph Press Review

Cointelegraph.com News

• CZ’s YZi Labs moves to take over board of flatlining BNB treasury
  YZi Labs has asked CEA Industries shareholders to support its move to shake up the BNB treasury company’s board and install its pick of directors. Binance founder Changpeng Zhao’s YZi Labs has launched a bid to stack the board of a BNB buying company it helped to bankroll with its own nominees, citing “destruction” of […]
• Japan government backs 20% tax on crypto profits, on par with stocks 
  Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%. The Japanese government is reportedly backing plans to introduce a significant reduction in the nation’s maximum tax rate on crypto profits, with a flat rate of 20% across the board.  Japan’s financial regulator, the Financial […]
• Vanguard’s 50M+ clients will soon have access to crypto ETFs
  Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune. Vanguard, the second-largest asset manager in the world, is set to allow its clients to start trading crypto exchange-traded funds and mutual funds on its platform starting Tuesday, reversing its previous […]
• Bitcoin’s lack of price strength due to sheepish spot buyers: What happens next?
  Bitcoin fudged the breakout to $93,000 as global TradFi markets stumbled and BTC spot investors failed to provide the necessary volume. Bitcoin (BTC) attempted to close above a key resistance zone last week after briefly spiking to roughly $93,300. However, BTC failed to stop a mean-reversion trend, with the price dropping below $85,000 on Monday. Key […]
• Here’s what happened in crypto today
  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: $11 trillion asset manager Vanguard from Tuesday will allow its clients to start trading crypto exchange-traded funds and mutual funds, Republicans press for action […]
• Forward Industries hires former ParaFi executive to lead Solana treasury strategy
  Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital asset companies’ shares face steep market declines. Top SOL treasury company Forward Industries has appointed Ryan Navi as chief investment officer to oversee the execution of the company’s Solana-focused treasury strategy.According to Monday’s announcement, Navi will handle sourcing and structuring capital markets opportunities and […]
• Bitcoin falls to $84K: Is Japan’s bond market the culprit, or is more at play?
  Bitcoin’s decline to $84,000 was driven by US dollar stablecoin concerns, a weakening global macroeconomic outlook and factors beyond Japan’s bond market stress. Key takeaways:Stablecoin concerns, regulatory pressure, and reduced risk appetite among traders weighed more on Bitcoin than Japan’s bond-market moves.Reduced confidence in global growth and stress on digital asset reserve companies amplified BTC […]