Bitcoin Tax Sparks Industry Backlash
Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act, imposing a 0.2% tax on digital asset broker transactions effective January 1, 2027, drawing industry criticism. #Update #Legal
Illinois Governor J.B. Pritzker signed the Digital Asset Tax Act, imposing a 0.2% tax on digital asset broker transactions effective January 1, 2027, drawing industry criticism. #Update #Legal
@ARP_Digital has processed over $3.5B in transactions, integrating with Fireblocks Network to enhance trade among emerging economies, addressing legacy banking issues. #Update #Crypto $USDT
With 20% of the $10.6 billion in open interest in-the-money, bitcoin’s max pain price sits at $74,000, indicating potential volatility ahead. #Update #Crypto $BTC
Binance founder CZ praises @Hyperliquid’s innovation on Galaxy Brains podcast, warns of compliance risks with no-ID trading; Uniswap’s Hayden Adams criticizes U.S. securities law. #Update #Crypto
Fed Chair Kevin Warsh’s first interest-rate decision today may impact $BTC, with markets watching for a dovish tone or fewer than 80% of members projecting a December hike. #Update #Crypto $BTC
Ethereum’s Glamsterdam upgrade hits final devnets, targeting a 200 million gas limit to reduce MEV abuse; mainnet activation expected in H2 2026. #Update #Crypto $ETH
Uniswap has drawn a long-term forecast from Standard Chartered, predicting UNI could reach $100 by 2030 if real-world asset tokenization grows. #Update #Crypto
Uniswap’s $UNI surged 19.8% to $3.63 after Standard Chartered projected a $100 target by 2030, driven by tokenized securities launch and institutional interest. #Update #Crypto
Many experts, including @CharlesHoskinson, predict AI agents will surpass human relevance by 2035, yet compliance issues hinder their integration in finance. #Update #Crypto $ADA
Hyperliquid achieves a $10 billion open interest milestone, indicating rising demand for on-chain equities and commodities trading with continuous access, according to Talos. #Update #Crypto $BTC $ETH
Arthur Hayes-linked wallet buys 1,400 $ETH (~$2.51M), while whale geministar.eth accumulates 32,278 $ETH (~$57M) from Binance, indicating strong market conviction. #Update #Crypto $ETH
@Coinbase launches Base Ledgers in early access, enabling enterprise-grade payment solutions with built-in privacy on a layer-two network. Compliance with KYC is required. #Update #Crypto
@DavidSchwartz confirmed the XRP Ledger hub’s stability after a brief downtime for the v3.2.0 upgrade, with 14% of nodes updated and migration steps announced for validators transitioning to xrpld. #Update #Crypto $XRP
Morgan Stanley CIO Mike Wilson identifies emerging investment opportunities amid the S&P 500 pullback, highlighting consumer discretionary goods, transports, and regional banks as sectors poised for greater gains. #Update #Crypto $BTC (+5) ↗