Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


Cryptoverse in India is in economic freedom struggle

3 Feb 2025 1 minute read 0 comments Yugocean

Indian Tax Burden      India's new tax law, which went into force on February 1, 2025, levies a penalty of up to 70% on undeclared crypto gains, which can be applied retroactively up to 48 months. Combined with the existing high taxes (30% income tax...

TRUMP whale returns to SOL

2 Feb 2025 1 minute read 0 comments Yugocean

Big Gain for Whale      Today, an early $TRUMP whale sold 637k TRUMP tokens for 55k $SOL. That whale bought TRUMP for 3k SOL within half an hour of its launch, and he now made a profit of 52k SOL. This demonstrates that Memecoins are solely intended...

Coinbase acquires Spindl amid growing Web3

1 Feb 2025 1 minute read 0 comments Yugocean

Introduction on Coinbase acquires Spindl      Coinbase has acquired the on-chain advertising and attribution platform Spindl. At first I was wondering what strategic feature this announcement could be, but my DYOR understood the important thing hidde...

Trump for stablecoins to counter the de-dollarization

31 Jan 2025 1 minute read 4 comments Yugocean

     Trump is prepared to combat the escalating threat posed by de-dollarization. DYOR on this, and according to my research, Trump is battling this—of course, with the cryptoverse's assistance.    Trump for Dollar dominance via stablecoin      D...

El Salvador Amends Bitcoin Laws for Agreement with IMF

30 Jan 2025 1 minute read 0 comments Yugocean

     El Salvador has recently amended its bitcoin laws in accordance with an agreement with the IMF. The new amendment will make bitcoin optional, not mandatory, for private sector traders.   Good for both      El Salvador has to fill the gap in the...

Gary Gensler to teach Crypto and AI at MIT

29 Jan 2025 1 minute read 3 comments Yugocean

     Gary Gensler, the former chairman of the US SEC, and enemy of the cryptoverse, is returning to MIT to teach about AI-based finance and crypto. Let's dive into this a little.   Crypto Professor Gary      Gary Gensler returning as a professor may...

DoJ settles score with Kucoin

28 Jan 2025 1 minute read 4 comments Yugocean

     Remember when KuCoin implemented mandatory, which KYC met with significant opposition from users including me, because we valued privacy, let's dive into it:    As Guilty as Charged      KuCoin used to stand for privacy, which put the exchange u...

David Sacks lacks on US Bitcoin reserves

27 Jan 2025 1 minute read 2 comments Yugocean

Is the US not yet ready for Bitcoin reserves?      During an interview with Fox Business, David Sacks, the US crypto czar, revealed that they are now reviewing the national reserve of Bitcoin and digital assets (as security, commodity, or digital ass...

The XRP strategic reserve is ridiculous

26 Jan 2025 1 minute read 0 comments Yugocean

     There has been a lot of speculation about XRP reserves; even Bitcoin Magazine has started crying that XRP should not become a reserve. I don’t understand why bitcoinists fear XRP more than Elon Musk’s favourite Dogecoin among altcoins.   Economi...

Trump sets for the economic freedom and BTC reserve

25 Jan 2025 1 minute read 3 comments Yugocean

     Trump, along with Crypto Czar David Sacks and Senate Banking Subcommittee on Digital Assets Chair Cynthia Lummis, has recently been engaged in the crypto space. Let's get more of this:   Trump bans CBDC      President Donald Trump has released a...