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The U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS) rule, that the crypto industry has declared a serious threat to decentralized finance (DeFi), according to a person familiar with the Senate’s planning. The IRS’s attempt
The U.S. Securities and Exchange Commission (SEC) is undertaking a full-scale retreat from much of the major crypto litigation started under former Chair Gary Gensler, but not everyone is off the hook. At least four lawsuits against crypto companies — Ripple, Kraken, Cumberland
Cronos, the blockchain ecosystem related to Crypto.com, wants to bring back 70 billion CRO tokens it burned in 2021 in a strange proposal that has largely left its community members flummoxed . The now-live governance proposal aims to restore its original 100
By Omkar Godbole (All times ET unless indicated otherwise) The flip-flopping nature of the crypto market is on full display as the sentiment on social media has changed from “it’s so over” to “we are so back” in just 24 hours, thanks
Crypto-equities have rebounded following Donald Trump’s crypto strategic reserve announcement. With just hours until the U.S. market opens, bitcoin (BTC) remains above $92,000, recovering from its recent drop to $78,000. As a result, crypto-related stocks have jumped after significant declines—Strategy (MSTR) rebounded
XRP is taking a bull breather a day after Donald Trump sounded plans for a strategic token reserve alongside bitcoin (BTC), ether (ETH), cardano (ADA) and solana (SOL). The payments-focused cryptocurrency rallied 25% within hours of Trump’s Truth Social post, reaching $3,
Metaplanet (3350) purchased 156 BTC for $13.4 million at $85,590 per bitcoin. As a result, Metaplanet has achieved a BTC yield of 31.8% year-to-date. As of March 3, Metaplanet now holds 2,391 BTC, for a total amount of $196.3 million, at an
Bitcoin’s (BTC) spot price rose 9.5% from roughly $84,100 to over $94,000 on Sunday after President Donald Trump named BTC and four other coins – ETH, XRP, SOL and ADA – for U.S. strategic crypto reserve. That has led to a gap-up
Bearish bets on major tokens lost nearly $600 million on Sunday as traders were caught offside following President Donald Trump’s announcement of a U.S. strategic reserve for several tokens. Sundays are typically marked with relatively lower liquidity, making for unusually high price
U.S. President Donald Trump’s intentions of establishing a national strategic reserve of solana (SOL), cardano (ADA) and XRP sent the assets rocketing as much as 60% on Sunday. Still, traders express caution until plans are more concrete. “The current upward momentum might