Crypto Market Faces $2T Tax Compliance
The House Ways and Means Committee reviewed eight digital asset tax proposals to clarify rules for payments, donations, mining, and staking in a $2 trillion market. #Update #Crypto
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The House Ways and Means Committee reviewed eight digital asset tax proposals to clarify rules for payments, donations, mining, and staking in a $2 trillion market. #Update #Crypto
The U.S. government ordered @AnthropicAI to block foreign access to its AI models, prompting a global shutdown and sparking $2.87B inflows into AI crypto tokens. #Update #Crypto $ICP
MicroStrategy’s @saylor hints at potential $BTC acquisition, following recent 1,550 BTC buy. SpaceX IPO fuels corporate bitcoin holding discussions. #Update #Crypto $BTC
Bitcoin trades at $64,549 with 11 of 14 moving averages bearish; MACD and momentum indicators turn positive. A close below $59,000 risks a drop to the $50,000 zone. #Update #Crypto $BTC
Brazil’s Chamber of Deputies advances Bill 4212/25 to limit Central Bank CBDC powers, protecting economic freedom and privacy. #Update #Legal
Bank of China survey finds 95% of overseas firms plan to sustain or increase yuan usage, aligning with China’s internationalization goals. Only 4.1% expect to decrease usage. #Update #Finance
Rob Hadick of Dragonfly predicts USDT and USDC will lose stablecoin dominance as Paxos, Agora, and fintechs expand in payments and compliance. #Update #Crypto $USDT
SpaceX’s IPO demand hits $250B, pulling liquidity from crypto and tech markets; Nasdaq-100 funds may buy $22B-$27B of SpaceX, impacting Nvidia and others. #Update #Finance
Orbit Robotics unveils Helios, a four-armed robot for space station maintenance, potentially reducing costs by $140,000/hour. #Update #Tech
Pyth Network launches 24/7 indices for metals, oil, and U.S. equities, adopted by Coinbase and Kraken, challenging Bloomberg’s market-data dominance. #Update #Crypto
Binance projects U.S. IPO fundraising to exceed $225 billion, with Pre-IPO Perps hitting $2.5 billion in 18 days, highlighting on-chain market growth. #Update #Crypto
Robert Kiyosaki urges savers to consider $BTC and $ETH amid concerns over U.S. dollar value due to debt and inflation, emphasizing gold and silver as alternatives. #Update #Crypto $BTC
Anthropic halts Claude Fable 5 access after U.S. export control directive; traders predict 71% chance of restoration by July 2026. Amazon CEO flagged jailbreak issues to Trump officials. #Update #AI
ZachXBT criticizes Canadian authorities for weak action on crypto fraud, naming Toronto a top cybercrime hub and declining victim requests due to stalled evidence. #Update #Crypto