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Slovenia’s draft law proposes a 25% tax on crypto profits from fiat conversions and purchases.  Critics argue the tax could stifle innovation and drive young talent abroad.  The Ministry of Finance, Slovenia is looking to impose a probable 25% tax on crypto trading profits for its citizens as per the new draft law.  As per the bill, the tax will be imposed on selling cryptocurrency for Fiat or pay for goods and services. However, no tax will be imposed on crypto-to-crypto and transfers between wallets of the same user.  At the same time, activities such as crypto mining or staking…

IntroductionFor over a decade, Bitcoin (BTC) has been perceived as a digital store of value—akin to gold, serving mostly as a hedge against inflation and a long-term capital asset. While this reputation is well earned, it leaves a critical question unaddressed: how can HODLers do more with their BTC beyond simply holding it? As the world of Decentralized Finance (DeFi) continues to mature, a major paradigm shift is occurring. Bitcoin owners now have an unprecedented opportunity to transform their static digital wealth into productive capital within the DeFi ecosystem.Unlike traditional finance institutions that require intermediaries, long wait times, and compliance…

Market News Hyperliquid’s on-chain perpetuals occupy a total of 70% of the market share.  The blockchain processed a whopping $175 billion in perpetual protocol trade market share in the last month.  The Hyperliquid blockchain platform has created a name for itself in the industry with its unique offerings. It particularly strengthened its position in the perpetual protocol market from 2024. As per The Block Data analytics, Hyperliquid recorded a 70% market share in the last month.  Hyperliquid recorded a significant $175 billion in the last month. It has already recorded $83 billion this month, leaving room for more growth before…

Sign at the entrance to a Capital One bank branch in Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesCapital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency, the regulators announced on Friday.”The Board evaluated the application under the statutory factors it is required to consider, including the financial and managerial resources of the companies, the convenience and needs of the communities to be served by the combined organization, and the competitive and financial stability impacts of the proposal,” the Fed…

Ethereum holds steady near $1.5K. The market has witnessed ETH liquidations worth $17.69 million. Crypto assets remain trapped in the fear zone, with mixed signals across the market, triggering an uncertain price trajectory. The largest altcoin, Ethereum (ETH), continues to be held down by bearish pressure, slipping by 0.30%. The bearish territory established by Ethereum seems impossible to escape. An upturn could reinforce once the altcoin breaks above $2K. ETH opened the day trading at $1,564. The brief wave of bulls has pushed the asset to $1,615, and it has failed to hold the range, slipping down.   At press time,…

After being on a downswing for nearly six months, stock markets have started to rise again. The overall benchmark indices, Nifty 50 and Sensex, spiked over the last four trading sessions (up to Thursday), with the former rising 6.5 per cent and the latter 6.4 per cent during this period.Although trade tensions over Trump’s tariffs persist, the pause button pressed by Donald Trump has fuelled a sense of hope in markets worldwide.The overall bearish sentiment over the past few months has dissuaded investors from putting money into mutual funds. Inflows into mutual funds SIPs have been declining month after month.…

Ripple Labs’ legal standoff with the US Securities and Exchange Commission (SEC) has entered a new phase, with both parties agreeing to pause an ongoing appeal for 60 days while settlement discussions continue. At the same time, momentum is building in the market for a spot XRP exchange-traded fund (ETF), with ETF analyst Nate Geraci stating there is little reason for regulators to deny approval. The convergence of legal de-escalation and increasing investor interest suggests that XRP could soon see more mainstream financial integration.Ripple and SEC Hit Pause on Legal Battle Amid Settlement Talks and Political Shake-UpThe long-running legal saga between…

Welcome to your Good Friday edition of the daybook. With markets on a shortened schedule for the Easter holiday, today’s update is shortened as well. CoinDesk’s Crypto Daybook Americas will be back to its regular size on Monday, April 21. Enjoy the holiday! By Francisco Rodrigues (All times ET unless indicated otherwise) It’s Easter. Traditional markets are closed in many parts of the world and plenty of people are taking a break from work, and that’s keeping crypto markets in check as well. The CoinDesk 20 Index (CD20), a measure of the biggest, most active cryptocurrencies, has gained less than…

Kevin O’Leary, widely recognized as a shrewd investor and a no-nonsense entrepreneur from CNBC’s Shark Tank, has built a formidable reputation with a net worth once estimated at $400 million. Known for his blunt honesty and sharp business acumen, O’Leary’s journey to wealth has been marked by successful ventures across various industries. However, his fortune took a significant hit in the aftermath of the FTX collapse, where he lost millions following the implosion of Sam Bankman-Fried’s crypto empire. The FTX debacle not only tarnished O’Leary’s finances but also called into question the due diligence practices of the seasoned investor, who…

Trump criticized Jerome Powell for not lowering interest rates and hinted at removing him from office. The Federal Reserve chair’s independence is legally protected, making it difficult for the president to dismiss him without valid cause. If Trump tries to remove Powell, it could lead to a legal battle over the interpretation of the law and the Fed’s autonomy. The Federal Reserve is the central bank of the US. It sets interest rates and makes decisions to maintain the stability of the economy. The Fed is supposed to be independent. This means it should not be controlled by the president…