Crypto Tax Relief Urged by Senators
US Senators Cynthia Lummis and Bernie Moreno propose excluding unrealized crypto gains from CAMT calculations to ease tax burdens on digital asset companies. #Update #Legal (+4) ↗
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US Senators Cynthia Lummis and Bernie Moreno propose excluding unrealized crypto gains from CAMT calculations to ease tax burdens on digital asset companies. #Update #Legal (+4) ↗
The guest list for Donald Trump’s meme coin dinner includes top holders like Tron founder Justin Sun, raising concerns over foreign participation. #Update #Crypto $TRUMP (-3) ↘
Arizona Governor Katie Hobbs vetoed bills SB 1373 and SB 1024, blocking state cryptocurrency reserves and civil payments in crypto, citing market volatility concerns. #Update #Legal $BTC (-6) ↘
@Metaplanet acquired 1,271 $BTC for $126.7M, surpassing El Salvador in holdings and nearing its 10,000 BTC goal by 2026. #Breaking #Crypto $BTC (+8) ↗
XRP defies market correction with a 4% price increase, driven by strong technical indicators and key developments, including legislative support and growing adoption. #Update #Crypto $XRP (+6) ↗
Dogecoin’s price surged 34% in a week, with analyst Rekt Capital noting $DOGE must hold above $0.22 to potentially rally to $0.27 amid market corrections and a $100M token unlock risk. #Update #Crypto $DOGE (+3) ↗
NYC Mayor Eric Adams confirms the city’s first Crypto Summit, aiming to position New York as a global crypto capital amidst regulatory challenges from NYDFS. #Update #Crypto $BTC (+6) ↗
Ethereum sees record whale accumulation as 150,000 $ETH moves between wallets and exchanges, with price poised at a critical level between $2k and $4k. #Update #Crypto $ETH (+6) ↗
XRP price surged 10% to $2.59, driven by Ripple’s $100B market cap increase post-SEC lawsuit victory and institutional interest. #Update #Crypto $XRP (+7) ↗
@MicroStrategy, now Strategy, purchased 13,390 $BTC for $1.34B, raising its holdings to 568,840 BTC; MSTR stock rises above $400. #Breaking #Crypto $BTC (+9) ↗
Ethereum ($ETH) price rose 2.5% to $2,600 amid US-China trade progress, with whale activity suggesting continued bullish momentum. #Update #Crypto $ETH (+6) ↗
The Northern Mariana Islands Senate overrode Governor Arnold Palacios’ veto on a stablecoin bill, moving it to the House for a final vote. #Update #Legal $MUSD (+3) →
Ethereum’s 40% weekly gain leads altcoins’ resurgence, with Bitcoin climbing to $105,000 amid positive US-China trade talks. Analyst @rektcapital sees potential for a breakout if altcoin market cap closes above $250B. #Update #Crypto $ETH (+6) ↗
Conor McGregor will meet El Salvador’s President Nayib Bukele to discuss a Strategic Bitcoin Reserve for Ireland, highlighting potential Bitcoin adoption strategies. #Update #Crypto $BTC (+6) ↗