India’s Supreme Court urges government to regulate cryptocurrency

India’s Supreme Court urges government to regulate cryptocurrency

India’s Supreme Court questioned the government’s failure to regulate cryptocurrencies despite taxing them, warning that Bitcoin and similar assets pose economic risks. India’s Supreme Court has questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin. According to Indian legal news outlet LawChakra, the country’s Supreme Court expressed…

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Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold. Key takeaways: Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role. Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty….

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Quantum Biopharma bolsters Bitcoin treasury

Quantum Biopharma bolsters Bitcoin treasury

The biopharmaceutical company bought $1 million of Bitcoin and other cryptocurrencies, taking its total crypto holdings to $4.5 million. Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said.  The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 million, according to a May 19 press…

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Bitcoin ignores Moody’s US debt downgrade, rallies back to 5K after profit-taking sell-off

Bitcoin ignores Moody’s US debt downgrade, rallies back to $105K after profit-taking sell-off

Bitcoin’s sharp sell-off from $107,000 was the result of profit taking, not contagion from Moody’s recent downgrade of US debt. Key takeaways: Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt. Moody’s downgraded the US credit rating to…

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Who’s got the charm, cash and code to be a crypto hub?

Who’s got the charm, cash and code to be a crypto hub?

Several countries have announced multibillion-dollar plans to build out the world’s crypto hub, but five of the world’s financial centers stand out. Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies. Historically, these countries haven’t been top of mind for global crypto firms…

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Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever

Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever

Japanese investment firm Metaplanet now holds 7,800 Bitcoin, worth more than $800 million, after it made its second-largest single Bitcoin purchase. Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, scooping up more than 1,000 Bitcoin as the cryptocurrency came within 3% of its all-time high. Metaplanet said on May 19 that…

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