Key Takeaways Senator Lummis introduced legislation to modernize crypto tax rules and encourage innovation. The proposal includes a $300 de minimis exemption and updated rules for miners, stakers, and lending. Share this article Senator Cynthia Lummis is pushing for digital asset tax reform through new legislation projected to generate $600 million from 2025 to 2034…
Bitcoin is nearing a historically significant resistance level at $120,000. This multi-year trendline has capped price since 2021, making the coming wseeks pivotal for BTC’s long-term direction. Bitcoin’s (BTC) price is inching toward a major high time frame resistance level that has historically dictated market tops and key reversals. This dynamic resistance, in play since…
Ethereum has shown strength by reclaiming the critical 200-day moving average at $2.5K, signalling growing bullish momentum. If buying interest remains strong, a continued push toward the $2.8K resistance zone appears likely. By Shayan The Daily Chart ETH recently found solid support at the key 100-day moving average near $2K, triggering a surge in buying…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Best Wallet, a top-tier self-custodial wallet, just got a major stamp of approval: It’s now officially WalletConnect certified. Such certification demonstrates that Best Wallet has seamless dApp integration, intuitive-enough design, and rock-solid infrastructure crypto inter-connectivity and trading. Source: X (Best Wallet) Highlighting…
Pakistan’s plan to use surplus electricity for crypto mining has hit a roadblock after the International Monetary Fund (IMF) reportedly rejected a proposal to offer subsidized power to energy-intensive industries, including Bitcoin miners. Pakistan’s Secretary of Power Fakhre Alam Irfan told the Senate committee on energy that the IMF claimed such measures could distort the…
Amidst the dynamic landscape of cryptocurrency investments, the allure of Lovely Inu as a utility and decentralized meme token has sparked the interest of many discerning investors. By scrutinizing price forecasts for various timeframes, from near-future projections to the intriguing possibilities stretching far into 2030, a deeper understanding of the potential movements of Lovely Inu…
Key Takeaways The Division of Trading and Markets, acting under delegated authority, approved the rule change for listing GDLC, but the Commission intervened and reviewed the approval. The approval is now stayed pending a final decision by the full Commission. Share this article Grayscale’s effort to convert its Digital Large Cap Fund (GDLC) into a…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto airdrops began life as a highly successful marketing tool that would drive liquidity and new users to a protocol. Their execution was easy: show up, click some buttons, and boom! Users…
Bitcoin’s price is starting to heat up again, pushing towards the important $110,000 level and recording an increase of around 1.6% in the past 24 hours. This comes amid an even more impressive rally from certain meme coins such as Fartcoin and Bonk. The total crypto market capitalization added around $50 billion during the day…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain payment company Ripple, is making another major move with its recently announced pursuit of a national bank charter in the United States, a move that its CEO, Brad Garlinghouse, unveiled on social media. National Bank Charter And Fed Master Account According…
