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Bitcoin and Ether were widely expected in a US crypto reserve, but American-made projects like Ripple, Solana and Cardano raise eyebrows. The US crypto industry finally got what it wanted when President Donald Trump announced plans to form a national crypto reserve on March 2. But instead of celebration, the decision sparked backlash — not…
Donald Trump’s advisers said they would recommend the US President sign a resolution repealing the IRS rule into law if passed by the House and Senate. David Sacks, the AI and crypto czar in the Trump administration, said the White House will support congressional efforts to rescind the Internal Revenue Service (IRS) decentralized finance (DeFi)…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the International Monetary Fund (IMF) has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict Bitcoin purchases by the…
The new caucus will have the goal of cementing the US’s leadership in the future of digital assets and blockchain innovation. US Congresspeople Ritchie Torres and Tom Emmer are forming a “Congressional Crypto Caucus” with the goal of advancing crypto-friendly policies in the US House of Representatives. Torres announced the news via his X account…
Uphold praised crypto-aware regulators in the US as the company relaunched its staking offering in the country after halting the service in 2023. Cryptocurrency exchange Uphold has relaunched staking services in the US, citing a shift in regulatory policies and a more favorable stance toward digital assets. After resuming crypto staking in the United Kingdom…
A trader banked $6.8 million from leveraged longs on Bitcoin and Ether. Many of those positions were exited shortly after US President Donald Trump confirmed crypto reserve plans. A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has…
An Ohio woman lost her life savings to the scam, and the fraudsters allegedly threatened harm to her friends and family unless she sent more money. US authorities are working to return $8.2 million in crypto frozen and seized from three scam addresses to victims of a con involving fraudulent messages and a fake investment…
Only the altcoins with potential ETF approvals and solid revenue-generation models will outperform the crypto market in 2025. Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are…
The European Union has denied that recent moves to row back on some planned tech regulation — principally by ditching the AI Liability Directive, a 2022 draft law which had been aimed at making it easier for consumers to sue over harms caused by AI-enabled products and services — were made in response to pressure…
Adam Candeub, a known critic of Big Tech, looks poised to join the Federal Communications Commission (FCC). Candeub will be general counsel of the FCC, reports Semafor, which cites direct confirmation from FCC chairman Brendan Carr. TechCrunch has reached out to the FCC for more information. Candeub has long been a vocal critic of Section…