Crypto Victory: IRS Rule Rejected
The House Ways and Means Committee voted to repeal the IRS’s “DeFi Broker Rule,” citing innovation stifling and disadvantages for U.S. crypto users. #Update #Legal (+3) →
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The House Ways and Means Committee voted to repeal the IRS’s “DeFi Broker Rule,” citing innovation stifling and disadvantages for U.S. crypto users. #Update #Legal (+3) →
Michael Saylor, co-founder of @MicroStrategy, met with the U.S. House Financial Services Committee to advocate for a structured digital asset framework, aiming to establish U.S. crypto leadership. #Update #Crypto (+3) →
The Atlanta Fed projects a -1.5% contraction in U.S. Q1 2025 GDP, raising concerns about stock market volatility and $BTC stability amid a widening trade deficit and cooling consumer spending. #Update #Economy $BTC (-6) ↘
The Arizona Senate passed SB 1373 to establish a state-managed bitcoin reserve, advancing it to the House for further review. #Update #Crypto $BTC (+2) ↗
Bitcoin is priced at $83,779 with a market cap of $1.66 trillion; volatility within $78,197-$84,854 suggests a bull trap as resistance holds. #Update #Crypto $BTC (-3) ↘
@Trump Organization has filed a trademark for “TRUMP,” suggesting plans for a metaverse and NFT platform launch, as per February 2025 records. #Update #Crypto (+4) ↗
The U.S. Department of Justice’s release of Jeffrey Epstein-related documents, largely redacted, disappoints as Polymarket sees $1.8M bets on elite names like Prince. #Update #Legal (+3) →
The International Monetary Fund approves a $1.4 billion credit for El Salvador, requiring the Bukele administration to limit its bitcoin activities and purchases. #Update #Crypto $BTC (-3) ↘
@AlibabaGroup plans to invest $53 billion in AI and cloud computing over three years, aiming to enhance growth, says CEO Eddie Wu. #Update #Tech (+6) ↗
BRICS will prioritize secure, transparent payment systems this year under Brazil’s leadership, advancing financial sovereignty and reducing reliance on Western networks. #Update #Finance (+6) ↗
Bitcoin price hovers at $84,000 as traders prepare for potential fluctuations between $82,000 and $89,000 amid macroeconomic uncertainties with the Trump administration. #Update #Crypto $BTC (+2) ↗
The U.S. Securities and Exchange Commission (SEC) announced most meme coins don’t qualify as securities, exempting them from federal registration requirements. #Update #Legal @SECGov (+3) →
@BDACS and @Ripple announced a strategic alliance to expand institutional custody services for $XRP, RLUSD, and related cryptocurrencies in South Korea. #Update #Crypto $XRP (+3) ↗
@Block introduces a Bitcoin inheritance feature for Bitkey users, allowing funds transfer to a partner address six months post-owner’s death. #Update #Crypto $BTC (+4) ↗