Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset leadership. Treasury Pressured to Act Fast as Unrealized Crypto Gains Face Tax Storm U.S. Senator Cynthia Lummis (R-WY) and Senator Bernie Moreno (R-OH) are calling on the U.S. Department of the Treasury to act swiftly […]
US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital ventures. Penned by representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin, the May 14 letter asks Treasury Secretary Scott Bessent for all […]
US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital ventures. Penned by representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin, the May 14 letter asks Treasury Secretary Scott Bessent for all […]
US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital ventures. Penned by representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin, the May 14 letter asks Treasury Secretary Scott Bessent for all […]
Ripple’s USD-backed stablecoin RLUSD is exploding across finance, powering everything from institutional collateral and DeFi trades to tokenized assets and global peer payments—all on the XRP Ledger. Ripple Spotlights RLUSD’s Expanding Real-World Use Cases Across Finance Ripple provided an in-depth look on May 13 at the growing number of real-world use cases for stablecoins, with […]
The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, Calling System ‘Well Positioned’ The Office of the Comptroller of the Currency (OCC), the federal agency that supervises national banks and federal savings […]
Key takeaways: Google search data and app rankings show retail Bitcoin investor demand near 6-month lows. Retail investor interest typically peaks 1 week after BTC breaks all-time highs. Bitcoin (BTC) retail traders are known for entering the market during periods of euphoria, typically after strong monthly gains or a new all-time high. This time is […]
The SEC has launched proceedings to assess Nasdaq’s proposed rule change that would allow in-kind creations and redemptions for Blackrock’s Bitcoin ETF. SEC Reviews Nasdaq’s In-Kind Rule Change for Blackrock Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) issued an order on May 13 to commence proceedings that will determine whether to approve or […]
BTCS Inc. has arranged a financing facility of up to $57.8 million to purchase ether as part of its blockchain infrastructure expansion strategy, the company announced Wednesday. BTCS Eyes Ether Accumulation The Maryland-based blockchain firm, BTCS Inc. (Nasdaq: BTCS), issued an initial $7.8 million in convertible notes through ATW Partners LLC, with potential additional tranches […]
This content is provided by a sponsor. The blockchain space has seen immense growth over the years. The field continuously changes daily, but is only driven forward with the help of innovators in the space. It takes leadership, longevity, and transformation to stand out and keep up with the rapidly changing environment. The space is […]
Hedera, the public distributed ledger platform, announced the launch of AI Studio, an open-source toolkit for building trusted artificial intelligence (AI) applications on its network, during a May 14 event in Toronto. Open-Source AI Toolkit Launched by Hedera for Developers Hedera‘s modular platform enables developers and enterprises to create intelligent systems with task automation, AI-driven […]
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a year earlier, as the Bitcoin miner pivots from mining to high-performance computing for artificial intelligence applications. The miner posted $67 million in sales for the quarter ended March 31, up 33% from the year prior. […]
