A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that the
Following the very big news by CME Group, the trade price of the Solana ($SOL) coin surged rapidly. Summary CME Group announced the date for Solana futures product launch. Regulatory approval is still pending for this product. CME Group executive planning Solana spot ETF, following the launch of Solana futures. Solana is a popular Proof-of-Stake
Michael Saylor met with U.S. lawmakers to push for a structured digital asset framework, aiming to position the U.S. as a global crypto leader. Michael Saylor Pushes for US Crypto Leadership in Congressional Talks Michael Saylor, co-founder and Executive Chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), met with the U.S. House Financial Services Committee
Bitcoin is in continuous downtrend since the start of the week, that is Monday (24 February 2025). The president of the USA, Donald Trump, imposed a Tariff that built a lot of selling pressure on the major cryptocurrency. Bitcoin breaks the $90,000 major support area and there is a cascade of liquidations. The dump below
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners
SAN SALVADOR, February 27, 2025 – Mi Primer Bitcoin announces its 5th Bitcoin Educators Unconference, in collaboration with Bitcoin Park. Following the highly successful events in San Salvador and Madeira, we are heading back to the beautiful city of Nashville. The Unconference embodies the vision and mission of the organization to educate and empower the
Many serious crypto influencers are against $PI coin and called it a scam & also slammed the crypto exchanges that listed this token despite the controversy around the project team of this Cryptocurrency. Summary Pi token trade volume in Billions on many crypto exchanges. Crypto entrepreneur Simon called this big trade volume a wash trading.
CME Group, the world’s largest derivatives exchange, will introduce cash-settled solana (SOL) futures on March 17, 2025, pending regulatory approval, offering micro (25 SOL) and standard (500 SOL) contracts to cater to retail and institutional traders. CME Group Aims to Launch Solana Futures, Pending Regulatory Approval CME said futures contracts will be based on the
Oklahoma inches closer to becoming the first US state to invest in bitcoin as part of its public funds. A new bill, the Strategic Bitcoin Reserve Act (HB 1203), just passed the House Government Oversight Committee 12-2 and is heading to the House floor for a final vote. Dennis Porter on X If approved, this
Key points:- What is a Pi coin? Inflationary Concerns and Ecosystem Development Global Consensus Value (GCV) Hypothesis Impact of Mainnet Launch Pi Coin’s Listing on Major Exchanges Pi Coin Price Prediction What Is Pi Coin? Pi coin was founded in 2019 by Stanford Ph.d’s Nicolas Kokkalis and Chengadio Fan. Pi coin Network is a web3