IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
Uniswap chief legal officer said the IRS DeFi broker rule “absolutely should be challenged,” while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.”
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Bitcoin Cash Grows as Major Oil Futures Show Mixed Movements
Monday, March 18 — most of the top 20 cryptocurrencies are reporting slight to noteworthy losses on the day by press time.Bitcoin is down just over one tenth of a percent on the day, trading at around $4,024, according to CoinMarketCap. Looking at its weekly chart, the current price is just under three percent higher…
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Donald Trump taps crypto advocate Lutnick as commerce secretary
The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether.
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Defining Bitcoin: Money, Currency or Store of Value
As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is predicted to take place during May 2020 and will see Bitcoin’s issuance rate decrease from 12.5 to 6.25 BTC every…
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Puma registers ENS domain, changes name to Puma.eth on Twitter
The sports company added the ENS domain name to its growing collection of NFTs, joining Nike and Adidas in the metaverse. 936 Total views 29 Total shares Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle…
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Republican lawmakers call for answers on digital dollar from Fed vice chair
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress. 176 Total views 3 Total shares Members of the House Committee on Financial Services have called for Federal Reserve vice chair Lael Brainard to clarify her position on a…
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Binance Considering Support for 30 Tokens for US Customers
Major cryptocurrency exchange Binance has announced that it is expanding the number of digital assets available to United States-based customers.Per a blog post published on Aug. 9, Binance is considering support for 30 digital assets on the Binance US marketplace, its cryptocurrency exchange platform accessible to U.S.-based customers.Major tokens under consideration include Bitcoin (BTC), EOS…
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Circle CEO: No One in the World Is Any Closer to CBDCs than China
China has the most progressive approach to central bank digital currencies (CBDCs) to date, according to Circle CEO Jeremy Allaire.The only global bank to really care Allaire said that China’s central bank has the most advanced thinking about CBDCs in an interview aired on Phoenix Chinese News on Sept. 9.According to Allaire, the People's Bank of…
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Bitcoin chart shows ‘diamond pattern’ with $96K target — What kicks off the downside?
Bitcoin shows strength due to traders’ hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.