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At BRN Metaverse, our mission has always been to provide our community with the best opportunities for growth, engagement, and innovation in the digital space. As part of this commitment, we are thrilled to announce that BRN will soon be listed on Bitget, one of the fastest-growing cryptocurrency exchanges in the world. But why did we choose Bitget? Here’s a closer look at why we believe Bitget is the perfect platform for BRN’s next big step.
VIPBitget VIP Weekly Research InsightsOn August 12, the TRON ecosystem DEX, SUN.io, launched Sun Pump, the ecosystem's first memecoin issuance platform. Its goal is to provide creators with a convenient and cost-effective token issuance solution. As of August 21, Sun Pump has surpassed pump.fun in revenue and the number of new tokens issued. Some Meme coins issued on Sun Pump have shown astonishing performance. For example, SUNDOG increased by 10,156 times within 5 days and 8 hours of its creation, and FOFAR increased by 6176 times in 4 days and 6 hours. These skyrocketing memecoins have attracted significant attention from investors.
VIPBitget VIP Weekly Research InsightsSince Q2 2024, despite the overall decline in the cryptocurrency market, one ecosystem has bucked the trend and delivered exceptional returns—the TON ecosystem. The price of TON has surged by over 3.5x since the beginning of the year and is currently fluctuating around $7, near its all-time high. Backed by Telegram's nearly 1 billion users, the TON ecosystem has developed a range of unique applications that have recently become a focal point within the community.
- 13:31Indian cryptocurrency holders face a 70% tax penalty for not disclosing earningsAccording to India's Finance Minister Nirmala Sitharaman in the 2025 federal budget announcement, cryptocurrency will be included in Section 158B of the Income Tax Act for reporting undisclosed income. The amendment allows for collective assessment of unreported cryptocurrency gains, giving it the same tax treatment as traditional assets such as currency, jewelry and gold bars. According to the new amendment, cryptocurrencies will fall under the definition of Virtual Digital Assets (VDA), with the new amendment stating: "Under existing definitions of virtual digital assets, crypto-assets have been defined in section 2(47A) of this law [...] Under section 285BAA of this law, reporting entities will be required to provide information on crypto-assets." As a signal to concerns from cryptocurrency holders, Indian authorities may impose up to a 70% tax penalty on previously undisclosed cryptocurrency profits. According to this document, this fine could apply for up to 48 months after relevant fiscal years where crypto earnings were not disclosed; it states that an additional income disclosed in updated Income Tax Return [ITR] forms should pay taxes and interest totaling 70%.
- 13:28Data: Bitcoin mining revenue in January was 1.4 billion US dollars, a decrease of 2.78% from the previous monthAccording to The Block data, Bitcoin mining revenue reached $1.4 billion in January 2025, a decrease of 2.78% compared to $1.44 billion in December 2024.
- 13:26Zhu Su: The more tokens are issued, the more irreplaceable Bitcoin becomesThe founder of Three Arrows Capital, Zhu Su, posted on social media saying that with thousands of tokens being issued every day, the irreplaceability of Bitcoin becomes even more clear.