Bitcoin Advocates Challenge US Stablecoin Tax
Bitcoin advocacy groups urge Congress to extend tax exemptions to $BTC and major network tokens, warning current proposals limit relief to stablecoins, complicating crypto payments. #Update #Crypto $BTC
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Bitcoin advocacy groups urge Congress to extend tax exemptions to $BTC and major network tokens, warning current proposals limit relief to stablecoins, complicating crypto payments. #Update #Crypto $BTC
Ethereum’s market strength rises as Bitcoin’s dominance falls, with analysts citing ETFs and protocol upgrades as potential catalysts for Ethereum to outperform Bitcoin by 2026. #Update #Crypto $ETH
Galaxy Research warns Senate Banking draft bill expands Treasury’s financial surveillance powers, impacting DeFi and privacy. Critics highlight unresolved compliance and privacy issues. #Update #Crypto
Curtis Yarvin influenced Anthropic’s Claude AI to echo his political views, highlighting large language models’ susceptibility to context manipulation. AI
Former NYC Mayor Eric Adams accused of stealing ‘NYC Token’ concept from Crescite’s Edward Cullen; token’s market cap plummets amid liquidity removal allegations. #Update #Legal
SharpLink Gaming stakes $170M in $ETH on Linea, aiming to pioneer productive ETH use in 2026. SBET shares rise nearly 3% as ETH trades above $3,200. #Update #Crypto $ETH
KRAKacquisition Corp., linked to @krakenfx, files for a $250M public offering on Nasdaq under “KRAQU,” with no target merger yet. #Update #Crypto
Venice AI, launched by Erik Voorhees, offers private, uncensored generative AI tools with unique token-based access using VVV and DIEM tokens. #Update #Tech
Armed assailants targeted a cryptocurrency executive in Verneuil-sur-Seine, France, highlighting rising crypto-related crimes in the country. The family was beaten and bound during the home invasion. #Breaking #Security
Senate draft bill bans interest on stablecoins, favoring banks; Democratic senators call for hearing. SEC and CFTC to set disclosure rules. #Update #Legal
Bitcoin’s subdued volatility and price range suggest markets may be underpricing potential Federal Reserve rate cuts, with today’s CPI report as a possible catalyst. #Update #Crypto $BTC
Former NYC Mayor Eric Adams’ NYC token crashed from $600M to $110M market cap amid liquidity extraction allegations involving $932K unaccounted USDC. #Breaking #Crypto #NYC
Senator Elizabeth Warren questions SEC’s crypto oversight as Trump pushes cryptocurrencies into 401(k) plans, raising concerns about market volatility and investor protection. Legal
The Senate Agriculture Committee delays crypto market structure bill markup to late January, needing more time for bipartisan discussions on DeFi and stablecoins. #Update #Legal