Crypto Capital Gains Tax Hinders US Competition
Cato Institute advocates for eliminating capital gains taxes on $BTC and cryptocurrencies to enhance competition, citing burdensome tax reporting for everyday transactions. #Update #Crypto $BTC
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Bitcoin Taps $75K as Nasdaq Hits Record Highs
US equities surged, with the Nasdaq hitting 24,016.02 and S&P 500 at 7,022.95. Bitcoin reached $75,229, rising 1.07% as optimism grows over US-Iran conflict resolution. #Update #Crypto $BTC
Bitcoin Prepares for Quantum Threat Ahead
@Blockstream CEO Adam Back urges Bitcoiners to develop quantum-resistant solutions now, despite the threat being decades away, amid rising concerns over quantum computing’s potential to breach blockchain security. #Update #Crypto $BTC
Ethereum Launches Innovative Encrypted Mempool Design
EIP-8105 proposes a new encrypted mempool design for Ethereum, potentially reducing $60M in annual losses from sandwich attacks by enabling various encryption methods and transaction types. #Update #Crypto $ETH
Bitcoin Traders Cash Out 63K BTC Profit
Short-term Bitcoin traders took profit on 63,000 BTC as prices rose above $76K, raising questions about the potential for a market rebound. #Update #Crypto $BTC
Ethereum Surges as ETHBTC Ratio Hits 10-Week High
Ether’s price advantage over Bitcoin strengthens as the ETH/BTC ratio reaches a 10-week high, suggesting potential new price highs for $ETH. #Update #Crypto $ETH
Bitcoin Poised to Surpass $30T Gold Market
Bitcoin’s market potential may exceed gold’s $38 trillion, with geopolitical tensions boosting its price; BTC hit $76,000 amid US-Iran conflict. Price target set at $90,000. #Update #Crypto $BTC
WLFI Proposes 62 Billion Token Unlock Plan
@WorldLibertyFi proposes a governance plan to unlock 62.28 billion WLFI tokens with new vesting schedules and potential burns, amid scrutiny over governance and liquidity issues. #Update #Crypto $WLFI
Bitcoin ETFs Surge with $412M Inflows
US-listed spot Bitcoin ETFs saw $411.5M in inflows as @GoldmanSachs filed for a Bitcoin ETF, pushing total assets to $96.5B; Bitcoin briefly hit $75K. #Update #Crypto $BTC
Ripple Launches Tokenized Bond Settlement in Korea
@Ripple partners with @KyoboLife to pilot blockchain-based government bond settlements in South Korea, aiming for near real-time execution and reduced counterparty risk as regulations evolve. #Update #Crypto $XRP
Bitcoin Freezes Quantum-Vulnerable Coins in BIP-361
@JamesonLopp and co-authors propose freezing quantum-vulnerable $BTC, including Satoshi’s stash, under BIP-361 to protect against potential quantum attacks. Community backlash arises over philosophical implications. #Update #Crypto $BTC
Bitcoiners Freeze Quantum-Vulnerable Coins in BIP-361
Bitcoin developers, including @lopp, propose freezing quantum-vulnerable coins under BIP-361 to protect against future quantum threats, facing community backlash for potentially rendering old UTXOs unspendable. #Update #Crypto $BTC
DeFi Launches Auto Loans with Figure Hastra
@Figure launches auto loans on its Hastra platform, expanding DeFi’s real-world asset offerings. The product will debut on Solana before moving to Ethereum in June. #Update #Crypto $SOL $ETH
Bitcoin Rally to $76K Signals Bull Trap
Bitcoin ($BTC) surged past $76,000, triggering $285 million in short liquidations, amid US Federal Reserve balance sheet expansion and inflation concerns linked to the Iran conflict. #Update #Crypto $BTC