According to Reuters, India is revisiting its stance on cryptocurrencies due to changes in the attitude of other countries towards the virtual asset. A senior Indian government official told Reuters on Sunday that the review could further delay the publication of a cryptocurrency discussion paper originally scheduled for September 2024. Ajay Seth, Secretary of Economic Affairs of India, said in an interview: "More than one or two jurisdictions are in the market for cryptocurrencies.
Crypto analyst Miles Deutscher posted on social media that there is now a classic sign that the market is currently leaning towards bearish (lights out mode). The market's reaction to news can tell investors all about sentiment. In a bull trend, the market shrugs off bad news, but the good news goes up as soon as it arrives. In a bear trend, the opposite is true, the market shrugs off good news and the bad news goes down as soon as it arrives. It is important to watch for early signs of a trend ...
According to foreign media reports, OpenAI CEO Sam Altman said in Tokyo that the company has no plans to file a lawsuit against DeepSeek at this time. A week earlier, OpenAI said it was investigating whether DeepSeek used its technology. Altman emphasised the company's focus on building high-quality products and maintaining its industry leadership through model strength, arguing that it was in the industry's common interest to drive technological progress and stay ahead of the curve, despite fac...
The dollar fell nearly 80 points against the Canadian dollar USD/CAD short-term, breaking the 1.45 mark and falling 0.28% in the day. Earlier, CNN reporters said that US President Donald Trump said that the call with Canadian Prime Minister Trudeau "went very well".
The US dollar continued to decline against the Canadian dollar USD/CAD, falling by 0.50% during the day and now trading at 1.4467.
On February 4, Canadian Prime Minister Justin Trudeau posted on social media that Canada has reached an agreement with US President Trump to suspend tariffs on Canada for 30 days. Trudeau said Canada has agreed to deploy 10,000 frontline personnel at the border, will appoint a fentanyl czar, designate drug cartels as terrorists, and establish a joint Canada-US strike force to fight organized crime, fentanyl and money laundering.
Trump: Agreed with the President of Mexico to immediately suspend the expected tariffs for one month.
Trump said he had reached an agreement with the Mexican president to immediately suspend the expected tariffs for one month.
In premarket U.S. stocks, NVIDIA (NVDA. O) fell nearly 3 percent, while Arm (ARM. O) and TSMC (TSM. N) fell more than 3 percent.
According to Reuters, India's Minister of Economic Affairs, Ajay Seth, said in an interview that India is revisiting its stance on cryptocurrencies due to the shift in attitudes towards cryptoassets in other countries. The review, which follows the announcement of crypto-friendly policies by US President Donald Trump, could further delay the release of a cryptocurrency discussion paper originally scheduled for September 2024. Ajay Seth said, "No.
CryptoQuant CEO Ki Young Ju posted on social media that although he is not a fan of Memecoin, he believes it has potential value. He compared crypto exchanges to channels through which internet capital flows into the psychic energy of society. However, at present, Memecoin has mainly had a negative impact and has led to accusations against industry leaders such as crypto exchanges. He further points out that the current Memecoin phenomenon is similar to the original collective consciousness,...
According to Indian Finance Minister Nirmala Sitharaman in the 2025 federal budget announcement, cryptocurrencies will be included in Section 158B of the Income Tax Act for reporting undisclosed income. The amendment allows for a collective assessment of unreported cryptocurrency gains, giving them the same tax treatment as traditional assets such as currencies, jewelry, and gold bars. According to...
Paul Grewal, chief legal officer of Coinbase, said in a social media post that Delaware could lose its status as the first choice for US companies to register. He mentioned that he has tried cases, formed friendships with judges and taught local lawyers in Delaware, but the business environment in the state is currently facing challenges. Although Grewal did not specify the reasons for the threat to Delaware's status, market speculation may involve supervision.
ZhuSu, founder of Three Arrows Capital, said in a social media post that with thousands of tokens being issued every day, the irreplaceability of Bitcoin becomes even more apparent.
Canadian Prime Minister Justin Trudeau said on social media platform "X" about the US tariffs: "We don't want this to happen, but Canada is ready and I will be speaking to Canadians later tonight. There will be talks with the president of Mexico soon.