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The Norwegian Tax Administration said more people declared cryptocurrency holdings in 2024 than in the previous year, following efforts to increase reporting. In a Tuesday notice, Norway’s tax authority said more than 73,000 people in the country reported owning some form of cryptocurrency in their 2024 returns. The numbers marked about a 30% increase year-over-year from crypto holdings in 2023, and significantly more than in 2019, when only 6,470 people in the country of 5.5 million people declared having digital assets.“It is gratifying that more people are reporting that they own cryptocurrency, and in this way ensuring that the tax is…
Key Takeaways Wells Fargo has changed its fee-waiver rules for Everyday Checking, raising the balance needed to avoid a monthly fee from $500 to $1,500. The new rules apply to statement cycles starting Oct. 25 or later, with the fee rising from $10 to $15 for fee periods starting on or after Nov. 29. That $15 fee adds up to $180 a year. If maintaining a $1,500 balance isn’t realistic, consider switching to a free checking account that will keep more money in your pocket. The full article continues below these offers from our partners. Wells Fargo’s New Fee Rules…
This past spring, venture capitalist Leslie Feinzaig wanted to understand what it’s like to build a startup as a woman today. So she ran a survey.She asked about the challenges that female founders face, the strategies they use, and their overarching goals. What she didn’t ask was whether they were sexually harassed by investors.They told her anyway.In an open-ended question about fundraising, one founder described how, in San Francisco, “every single straight male investor I talked to propositioned me for sex.” Another person recalled the investor who asked her if she’d rather have $1 million or a man, and a…
Western Union is launching a new stablecoin called USDPT on the Solana blockchain in early 2026, marking a major shift into the digital currency space. Quick Summary – TLDR: Western Union plans to launch USDPT, a stablecoin pegged to the US dollar, in the first half of 2026. The stablecoin will run on the Solana blockchain and be issued by Anchorage Digital, a federally regulated digital asset bank. Users will be able to send, receive, spend, and hold USDPT through Western Union’s platform, along with access via partner exchanges. Western Union is also building a Digital Asset Network to support…
Over the past year, Bitcoin’s exchange-traded fund (ETF) boom has been celebrated as proof that Wall Street has finally embraced crypto. Yet the numbers reveal something far more fragile.On Oct. 28, Vetle Lunde, head of research at K33 Research, noted that US-traded Bitcoin ETFs have attracted about $26.9 billion in inflows year-to-date.However, that headline figure hides a stark imbalance that BlackRock’s iShares Bitcoin Trust (IBIT) alone accounts for roughly $28.1 billion of those flows.US Bitcoin ETFs Flows (Source: Vetle Lunde)In other words, Bitcoin ETFs would be in net outflows this year without IBIT. The product’s relentless accumulation has single-handedly offset…
Nasdaq-listed OceanPal Inc. raised $120 million through a private investment in public equity deal to launch SovereignAI, a subsidiary focused on commercializing the Near Protocol and developing AI infrastructure. According to a Tuesday announcement, SovereignAI will implement a crypto treasury strategy, with plans to acquire up to 10% of the Near (NEAR) token supply. The move, developed in partnership with the Near Foundation, makes OceanPal a public vehicle for exposure to the crypto protocol’s native token.OceapPal said the partnership with the Near Foundation is based on a shared vision of “universal AI sovereignty.” Launched in 2020, Near is a layer-1…
Bitget Wallet, a multi-chain, non-custodial crypto wallet, has announced its official integration with the EVM-compatible smart contract execution entity, HyperEVM. The integration allows consumers to seamlessly access the Hyperliquid mainnet, explore dApps in the HyperEVM ecosystem, and trade across chains. As mentioned in the social media announcement of Bitget Wallet, the move is led by deBridge, the platform that plays a critical role in enabling reward mechanisms and cross-chain functionalities. Additionally, the integration denotes the continuous efforts of Bitget Wallet to combine speed, interoperability, and convenience for the worldwide crypto consumer base. Bitget Wallet’s Integration with HyperEVM Enables Seamless Cross-Chain…
The “Trump Insider whale” has reportedly opened a $430 million long position in Bitcoin and Ethereum. This comes ahead of the Fed rate cut decision to be revealed at the conclusion of the FOMC meeting. Whale Reloads $430M Long Ahead of Fed Decision Data showed that the Trump Insider whale has placed a $430 million leveraged long on Bitcoin and Ethereum. The whale is also known for achieving an extraordinary 12-for-12 winning streak on prior trades. 🚨 BREAKING TRUMP INSIDER JUST OPENED A NEW $430 MILLION LONG ON $BTC AND $ETH HE’S 12/12 ON TRADES (100% WIN RATE) AND ALREADY…
Today in crypto, Ethereum’s Fusaka form debuted on its final testnet, Polymarket is preparing to relaunch trading services in the US within weeks and Circle has debuted its Arc blockchain testnet.Ethereum’s Fusaka fork primed for mainnet after final testnet debutEthereum’s next major upgrade, Fusaka, went live on the blockchain’s final testnet, Hoodi, on Tuesday, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the network.Fusaka will add several Ethereum Improvement Proposals (EIPs), such as Peer Data Availability Sampling, or PeerDAS, via EIP-7594, enabling validators to read smaller pieces of…
Here’s a quick recap of the crypto landscape for Monday (October 27) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$115,014, a 0.9 percent increase in 24 hours. Its lowest valuation of the day was US$113,083, and its highest was US$116,032.Bitcoin price performance, October 27, 2025.Chart via TradingViewBitcoin (BTC) climbed to two-week highs on Monday, breaking above US$115,600 as investors priced in expectations of an upcoming Federal Reserve interest rate cut. The cryptocurrency has now…