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SRINAGAR: Expanding its crackdown on ‘white-collar terror’, J&K Police’s Counter-Intelligence Kashmir (CIK) on Thursday carried out searches at 13 locations across the Valley in connection with the ongoing probe into the Delhi blast case. A police officer confirmed the raids, but did not reveal if anyone was detained.In a related development, State Investigation Agency (SIA)…
U.S. Federal Reserve changes, inflation data and earnings dominate the week’s calendar, with markets weighing bitcoin’s BTC$80,814.36 newfound strength against a packed macro slate. “The market is entering a phase where liquidity is becoming more selective rather than purely speculative,” Jake Seltzer, CEO of Quantix Finance, told CoinDesk in an emailed statement. “Bitcoin continuing to…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is slipping into a weaker market structure as the steady…
The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions. Among proposals in the draft legislation are reducing the tax paperwork required for crypto holders, providing clarity for mining and staking tokens and…
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Bitcoin climbed above $63,000 in U.S. morning hours Saturday, up 1.4% over 24 hours and 3.6% on the week, per CoinDesk data, its highest in two weeks and a full reversal of the losses that closed out June. XRP led the day’s majors, up 5.3% to $1.18 and nearly 10% on the week, a move…
