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Bitcoin Advocates Press US Lawmakers on Stablecoin Tax Rules

Bitcoin advocates are urging U.S. lawmakers to reconsider proposed tax regulations on stablecoins, arguing that the current framework could hinder innovation in the cryptocurrency sector. They emphasize that the taxation of stablecoin transactions as capital gains would create significant barriers for users and developers. The advocates are calling for clearer guidelines that would promote the growth of stablecoin usage without imposing excessive tax burdens. This push comes as lawmakers are in the process of drafting legislation aimed at regulating digital assets.

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Bitcoin ETFs take in $830 million amid positive inflows across ether, solana and XRP

Bitcoin exchange-traded funds (ETFs) have experienced significant inflows, attracting $830 million recently. This surge in investment is part of a broader trend, with positive inflows also noted in other cryptocurrencies such as ether, Solana, and XRP. The growing interest in these digital assets reflects increasing institutional adoption and market confidence.

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

The Senate Banking Committee has postponed the markup of a significant cryptocurrency bill amid declining support from the industry. The legislation, which aims to establish a regulatory framework for digital assets, faced criticism from various stakeholders who expressed concerns about its implications. Key industry players have voiced their opposition, leading

Bitcoin bull case grows as U.S. bond market volatility sinks to lowest since 2021

Bitcoin's bullish outlook is strengthening as volatility in the U.S. bond market has dropped to its lowest levels since 2021. This decline in bond market fluctuations is seen as a positive indicator for risk assets like Bitcoin, potentially attracting more investors. Analysts suggest that reduced bond volatility

Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In

Analysts are speculating that Bitcoin may be on the verge of a "parabolic blowoff," similar to historical patterns observed in gold's price movements. This potential surge could be driven by increasing institutional interest and macroeconomic factors, including inflation concerns and geopolitical tensions. Some experts believe that

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Bitcoin ETFs take in $830 million amid positive inflows across ether, solana and XRP

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

Bitcoin bull case grows as U.S. bond market volatility sinks to lowest since 2021

Is Bitcoin Heading for a ‘Parabolic Blowoff’ Mirroring Gold? Analysts Weigh In