Midweek trading sees Bitcoin, Ethereum, and XRP struggling to maintain traction as weakness across the crypto market mounts. Over the past two days, Bitcoin has slipped nearly 3 percent, Ethereum has fallen about 6 percent, and XRP has dropped nearly 5 percent, all pointing toward a potential deeper downside correction. Bitcoin Loses Ground, Eyes $107K […]
Bitcoin (BTC) traded strongly on Friday, holding above $117,000 after the U.S. Federal Reserve announced a 25 basis point rate cut. The move initially caused volatility, but BTC quickly recovered as investors viewed the decision as a supportive signal for risk assets. The rally came just days after Bitcoin broke above the 50-day Exponential Moving […]
The U.S. Securities and Exchange Commission (SEC) has approved new generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and the New York Stock Exchange. This landmark decision allows the exchanges to list and trade these exchange-traded products (ETPs) without filing individual rule-change proposals with the SEC, streamlining the approval process and reducing delays. […]
Bitcoin (BTC) entered Wednesday’s Asian session on firmer ground, edging 1% higher to trade around $116,500. Market focus is firmly on the U.S. Federal Reserve, which is widely expected to deliver a 25-basis-point rate cut later in the day. According to the CME FedWatch tool, traders are pricing in a 96% probability of such a […]
U.S. banks that deny services to cryptocurrency-related businesses may soon face regulatory consequences, as former President Donald Trump is reportedly preparing to sign an executive order addressing “debanking” practices. According to The Wall Street Journal, the draft order aims to prohibit financial institutions from closing accounts based on ideological or political considerations—a move positioned to […]
The Arizona House of Representatives passed Bill HB2324 on Tuesday, advancing legislation aimed at creating a state-managed reserve of Bitcoin and other digital assets obtained through criminal forfeiture. The bill, which was revived earlier this month, cleared the state Senate last Friday and now heads to Governor Katie Hobbs for approval. HB2324 proposes expanding Arizona’s […]
Thailand’s cabinet has approved new tax measures that exempt personal income tax on capital gains from the sale of digital assets conducted through platforms regulated by the Securities and Exchange Commission (SEC). The exemption will be in effect from January 1, 2025, through December 31, 2030. Announced by Deputy Finance Minister Chulaphan Amornvivat on X, […]
Cardano has introduced Leios, a transformative protocol upgrade that marks the culmination of eight years of research and aims to dramatically enhance network speed and stability. This next-generation architecture features a sophisticated multi-tier block structure—comprising input, sorting, and backup blocks—that could position Cardano as a leader in blockchain performance. Initial simulations suggest Leios may be […]
Donald Trump’s administration is considering implementing tariffs or other alternative mechanisms to finance the purchase of Bitcoin without using public funds, according to Bo Hines, the former president’s chief crypto advisor. In a recent interview with Anthony Pompliano, an entrepreneur and influencer in the crypto ecosystem, Hines explained that Trump’s team is studying “creative and […]
New York could take an important step towards the adoption of cryptocurrencies in public services. A new legislative proposal seeks to authorize the use of digital assets such as Bitcoin, Ethereum and Litecoin for the payment of taxes and other government services. Although the state has not yet considered a law to support Bitcoin as […]
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