Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
With a split among Democrats, the Senate resolution to erase the IRS’ DeFi-focused crypto broker rule passed with a massive majority and is now up to the House.
Polymarket Traders Bet on Canadian Tariff Cuts After Lutnick Hints at Negotiations
Howard Lutnick told Fox Business that President Donald Trump is willing to ‘meet in the middle’ on tariffs, but not eliminate them entirely – yet.
Circle’s USDC to be First USD Stablecoin in Japan
SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.
Crypto Prime Broker FalconX’s Head of Trading Brian Strugats Has Left the Business
Strugats was based in New York and had worked for the crypto trading firm for more than three years.
ETH Tests $2K, Lowest Since November 2023
$165 million in long ETH positions have been liquidated in the last 12 hours.
THORChain Sees Record $4.6B Volume After Bybit’s $1.4B Hack
THORChain was one of the platforms Bybit hackers used to launder funds, according to observers.
The Morning After: Bitcoin Slips Back Below $90K Following Crypto’s Wild Sunday
President Trump’s social media post on a crypto reserve sent markets soaring, but raised questions.
Layer-2 BOB’s ‘Bitcoin DeFi’ Continues Progress With Fireblocks Integration
Fireblocks users can now earn yield on their BTC holdings via BOB’s network
Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
The bitcoin miner held over 10,000 bitcoin at the end of last year.
SEC Plans to Drop Its Case Against Kraken, Firm Says
Kraken called the SEC’s decision to drop the case a “turning point for the future of crypto in the U.S.” in a Monday blog post