Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets.

The crypto market is bracing itself for significant price movements as Cardano (ADA), Polygon (POL), and Rexas Finance (RXS) prepare for potential surges. Cardano, showing promising signals, could be gearing up for a massive breakout. Polygon is witnessing network growth post-upgrade, and Rexas Finance is revolutionizing real-world asset tokenization, with expectations of a monumental price jump. Cardano (ADA) eyes a $5 surge Cardano’s technical indicators point towards a potential rally similar to its previous explosive rise. Between December 2020 and

The UAE updated its tax laws to exempt crypto transactions from value-added tax. The change will take effect on November 15 but retroactively apply to transactions from January 1, 2018. The UAE government amended its regulations around value-added tax laws to exclude digital assets and transactions involving them. The document published by the Federal Tax Authority (FTA) of the UAE also exempted the activities of investment funds that manage digital assets, and the transfer of ownership of assets and their

Republican presidential candidate Donald Trump is leading Democratic rival Kamala Harris by 2.5 percentage points in Polymarket’s election contract after Elon Musk, the founder of Tesla and SpaceX, endorsed him at a rally over the weekend. Trump still trails in one of the states that have, historically, ‘called’ the election.