Crypto News Sentiment
Updated: 1 day and 6 hours ago
Title: South Korea Postpones Crypto Tax
South Korea has delayed implementing a crypto tax until 2027, giving the cryptocurrency industry more time to adapt. Meanwhile, Russia has banned all forms of mining within Moscow until 2032.
Title: Binance Expands in Philippines
Binance has secured a license in the Philippines, entering its regulatory sandbox to operate legally within the country.
China Manufacturing PMI Misses Forecasts, Slips to 50.9 in July
China’s manufacturing activity in July expanded more slowly than anticipated, with the Caixin Manufacturing PMI at 50.9, below expectations and a decline from the previous month. This indicates a softening of factory growth due to reduced domestic demand and ongoing global trade uncertainties.
Ethereum’s Network Is Booming, So Why Is ETH Still Underperforming?
While Ethereum’s network performance has improved, the cryptocurrency ETH has yet to recover, remaining 60% below its all-time high (ATH) despite positive network metrics.
