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US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success
26.6.2024
U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote innovation, and maintain America’s...
Crypto Super PAC Ads Key in Rep. Bowman’s New York Primary Loss
26.6.2024
In this post Jamaal Bowman loses the Democratic primary election because of his chokehold stance on crypto. Bowman’s close ties to Elizabeth Warren could have caused his political losses. Jamaal Bowman is well known in the crypto community for his anti-crypto stance, and this did not sit well with...
Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations
26.6.2024
Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant changes in how Abra conducts its operations within these states. Abra Reaches...
SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’
26.6.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration...
Assangedao’s JUSTICE Token Surges and Dips Amid Julian Assange’s Release
26.6.2024
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token....
US Government Transfers $243 Million in Seized Bitcoin to Coinbase
26.6.2024
On June 26, 2024, the U.S. government transferred 3,940 bitcoins, valued at $243 million, originating from a darknet market dealer. This batch of BTC was directed to an exchange address tagged as Coinbase. U.S. Law Enforcement Moves 3,940 Bitcoin The U.S. government executed this transfer of 3,940...
US Spot Bitcoin ETFs Break Outflow Trend With $30M in Inflows
26.6.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows. U.S. Spot...
Bitstamp drops Euro Tether amid new MiCA rules
26.6.2024
Bitstamp was one of the first crypto exchanges to list Tether’s euro-pegged stablecoin, the Euro Tether, in November 2021
Crypto.com teams up with prime crypto tax providers
26.6.2024
Crypto.com, the innovative platform for payments and cryptocurrency, has announced partnerships with top-tier tax providers, including Koinly and TokenTax. The partnership is designed to offer users the most comprehensive and dependable tax support possible. Since the acceptance of crypto...
Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
26.6.2024
On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where...
ADA thrives despite ongoing DDoS attack on Cardano
26.6.2024
Cardano is reportedly facing a DDoS attack; however, its native token and network are still thriving. ADA is up, and the network is as strong as it should be. The network is operational because there is no single point of failure, plus the protocol has the maximum load spread. The DDoS attack began...
Brad Garlinghouse calls Gary Gensler’s remark absurd
26.6.2024
Brad Garlinghouse opined that the remarks of Gary Gensler will cause Joe Biden to lose the election. The American SEC chief has stated that all crypto executives have been subjected to legal and punitive actions. He also says that there is significant noncompliance in the global cryptocurrency...
Cardano node upgrade underway following mainnet DDoS attack
26.6.2024
A failed DDoS attack on the Cardano blockchain led developers to initiate a node upgrade to enhance security
AI makes it even easier for governments to surveil you — Nym CEO
26.6.2024
Nym CEO Harry Halpin tells The Agenda podcast that artificial intelligence makes it easier than ever to conduct surveillance against activists and dissidents
Florida man convicted in cryptocurrency theft home invasions
26.6.2024
Remy St. Felix of West Palm Beach led violent home invasions to steal cryptocurrencies, targeting multiple states over several months
Brazilian Stock Exchange B3 Mulls Offering Ether Futures
26.6.2024
B3, the Brazilian stock exchange, is considering extending its native cryptocurrency trading options to offer ether futures contracts to its customers. The exchange, which has been a pioneer in Latam offering crypto-related trading products, would be focusing on institutional investors who want...
Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market
26.6.2024
Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors begin receiving their crypto payouts next month. Bitcoin...
Exclusive: Mike Flood is shaking up Congress over cryptocurrency
26.6.2024
Mike Flood, a second-term lawmaker from Nebraska, has played central casting in the effort to make Congress move on crypto policy
Digital Euro Holding Limit: Debate Continues
26.6.2024
The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal amount could be in the range of 1,500 to 2,500...
White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto
25.6.2024
The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure Policy at the National Security Council. Previously, House worked at the U.S....