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Americans could soon pay federal taxes in Bitcoin under the Bitcoin for America Act, introduced by Representative Warren Davidson. This bill would direct such payments into the US strategic Bitcoin reserve without triggering capital gains taxes for taxpayers, helping build national holdings efficiently. Tax-Free Bitcoin Payments: Transferring BTC for taxes avoids capital gains and is […]
The USDKG stablecoin, launched by Kyrgyzstan’s government, is a gold-backed digital asset pegged to the U.S. dollar, minted on the Tron blockchain. This state-issued token aims to boost the country’s global financial integration by attracting investments and fostering blockchain innovations. Officials initiated the release of 50 million tokens during a ceremonial event in Bishkek. Kyrgyzstan’s […]
The Tornado Cash co-founder Roman Storm faces uncertainty after a conviction on one felony charge for operating an unlicensed money transmitting service, with advocacy groups urging President Donald Trump to intervene and dismiss remaining charges to protect developers and affirm that code is speech. Over 65 crypto organizations, including the Blockchain Association and DeFi Education […]
Roblox struggles with advertising revenue despite its massive 150 million daily users, as developers report low payout rates and advertisers cite concerns over targeting young audiences under strict regulations. Low developer payouts: Ad rates range from fractions of a cent to 55 cents per thousand views, deterring creators from integrating ads into games. Young user […]
Metaplanet, Japan’s leading corporate Bitcoin holder, has introduced “Mars” and “Mercury” preferred shares to fund Bitcoin acquisitions without diluting common stock. Mars offers a flexible dividend to reduce market volatility, while Mercury provides a fixed 4.9% annual dividend with conversion options, raising $135 million initially. Mars preferred shares prioritize stability with fluctuating dividends tied to […]
The U.S. government has approved Nvidia’s export of advanced AI chips to Armenia, enabling local startup Firebird to build a supercomputer. This move supports U.S. diplomatic strategy in the Caucasus, countering Russian influence amid regional tensions. Nvidia’s chips target AI supercomputer project in Armenia. U.S. leverages tech exports for geopolitical influence without military involvement. Approval […]
BlackRock’s iShares Staked Ethereum Trust offers regulated access to Ethereum staking yields through an ETF structure, enabling traditional investors to earn rewards while the SEC’s stance on staking evolves, potentially boosting institutional demand despite recent outflows. BlackRock registers the iShares Staked Ethereum Trust in Delaware, following similar paths to its spot Bitcoin and Ethereum ETFs. […]
Coinbase Ether-backed USDC loans allow US users to borrow up to $1 million in USDC against their ETH holdings without selling, powered by Morpho on the Base network. This DeFi integration has already processed over $1.25 billion in loans, offering variable rates and access in most states except New York. Coinbase launches Ether-backed loans via […]
Bitcoin’s market bottom may be forming near $90,000 as short-term holder capitulation and extreme fear sentiment align with historical reversal signals, according to Fidelity Digital Assets analysis. This 20-30% drawdown within the bull market suggests a healthy reset before potential higher prices. Short-term holder capitulation: Metrics like the MVRV ratio indicate extreme selling pressure similar […]