House Overturns Biden DeFi Broker Rule
The U.S. House voted 292-132 to rescind an IRS rule on DeFi platforms, citing unworkable compliance issues; the resolution now awaits Senate approval and President Trump’s signature. #Breaking #Legal (+8) ↗
DeFi
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Ethereum ETF Staking Proposal Unveiled
@CboeBZX proposes staking for Fidelity Ethereum Fund, potentially enhancing its market position as the SEC reviews similar proposals from 21Shares and Grayscale Investments. #Update #Crypto $ETH (+3) ↗
Ethereum ETF Staking CBOE Files
@Cboe seeks SEC approval to include ETH staking in @Fidelity’s Ethereum ETF, potentially offering investors additional rewards. The SEC has 45 days to respond. #Update #ETF $ETH (+3) ↗
AAVE Price Surge Bullish Breakout Insight
@AaveAave’s price could reach $360 as a crypto analyst identifies a bullish breakout pattern. #Update #Crypto $AAVE (+3) ↗
Trump Supports Reversal of IRS DeFi Rule
The White House supports a resolution to repeal an IRS rule affecting DeFi platforms, aiming to protect privacy and innovation. #Update #Legal (+3) ↗
THORChain Hits Record Volume Post Bybit Hack
THORChain processed a record $4.66B in swaps post-Bybit hack, with hackers laundering $1.39B in ETH, impacting $ETH price (-23%). #Breaking #Crypto $ETH (-9) ↘
Bitcoin Bullish Signal as Liquidity Soars
Bitcoin ($BTC) shows a unique bullish signal as global liquidity rises, suggesting a potential upside after decoupling from financial flows, according to @ali_charts. #Update #Crypto $BTC (+6) ↗
Coinbase Supports Ethereum-Based DeFi Altcoin
@Coinbase adds support for DeFi lending protocol Morpho, causing $MORPHO to surge 7.9% to $2.21. #Update #Crypto $MORPHO (+6) ↗
DeFi Bootcamp Prague March 2025
@EVAAProtocol is hosting the TONCzechia DeFi Bootcamp in March 2025 at Brmlab, Prague, featuring project pitches and networking with investors. #Update #Crypto (+3) →
DeFi Projects Primed for Outperformance
@KaikoData reports their DeFi index outperformed $ETH since October 2023, with UNI, AAVE, and ONDO benefiting from regulatory changes. #Update #Crypto $ETH (+5) ↗
Uniswap Launches Fiat Off-Ramps for Crypto
@Uniswap introduces fiat off-ramps in its wallet, enabling crypto-to-bank transfers via integrations with @RobinhoodApp, MoonPay, and Transak across 180+ countries. #Update #Crypto $UNI (+4) ↗
Uniswap Class Action Dismissal Upheld
The U.S. Court of Appeals for the Second Circuit largely upheld a 2023 decision dismissing a class action against @Uniswap over scam tokens, remanding state claims. #Update #Legal (+2) →
IRS DeFi Tax Rule Repeal Advances
The U.S. House Ways and Means Committee voted to reverse the IRS’s DeFi tax rule, moving the resolution to the full House for approval. #Update #Legal $BTC (-4) ↘
Ethereum ETF Staking Proposal Awaits SEC Decision
@SECGov is reviewing @NYSE’s proposal for staking in Grayscale Ethereum Trust ETFs, with a decision expected by May 26, 2025. #Update #Legal $ETH (→ 0)