Recent in

US Government

Bitcoin Looks Ahead to November Amid October's Decline

As October closes, Bitcoin enters November, historically its most profitable month, potentially breaking past $160,000.

CZ's Pardon Sparks Speculation of Binance's Return to the US Market

Following the pardon of Changpeng Zhao by President Trump, experts consider Binance's potential re-entry into the US market.

News

Bipartisan US Lawmakers Seek Reform on Staking Tax Regulations Ahead of 2026

A group of 18 bipartisan House lawmakers is urging the IRS to revise regulations on crypto staking taxes, aiming to eliminate double taxation and reduce administrative burdens.

Crypto

Upcoming Senate Review for the CLARITY Act, According to Sacks

The CLARITY Act, designed to clarify the crypto market, is anticipated to be discussed in January, with significant bipartisan backing.

Crypto

Intense Discussions on Crypto Legislation Between Industry Leaders and U.S. Lawmakers

Legislative discussions intensify as industry leaders react to proposed regulation changes that could impact the decentralized finance sector.

Crypto

Jack Dorsey Advocates for Tax Exemption on Small Bitcoin Payments

Jack Dorsey emphasizes the need for a tax-free threshold on minor Bitcoin transactions to enhance its adoption for daily purchases.

Finance

Crypto Market Loses $100 Billion Amid Government Shutdown Fears

The cryptocurrency market saw a significant drop of approximately $100 billion due to concerns over a potential US government shutdown triggered by Senate Democrats' funding disputes.

Crypto

Trump's $2,000 Tariff Dividend Proposal and Its Implications for Crypto

President Trump announced a $2,000 economic stimulus for Americans from tariff revenues, raising concerns about its impact on long-term inflation and cryptocurrency markets.

Economy

Trump Imposes 10% Global Tariff After Supreme Court Decision

Following a ruling from the Supreme Court that limited his powers, President Trump announced a 10% global tariff, claiming authority under different legal provisions.

Finance

US Treasury Secretary Declares No Plans for Bitcoin Bailout

During his congressional testimony, Treasury Secretary Scott Bessent confirms that the US will not direct banks to purchase Bitcoin.

Finance

Polymarket Predicts a 77% Chance of US Government Shutdown by January

Polymarket betting platform shows a significant rise in the odds of a US government shutdown by the end of January, indicating growing political tensions.

Finance

SEC and CFTC Collaborate on Crypto Regulation Discussion

The SEC and CFTC are set to convene regarding the alignment of their regulatory approaches for cryptocurrency as new legislative measures progress.

Legal

US Authorities Withdraw Fraud Case Against Former OpenSea Manager

The US Justice Department has decided not to continue its legal case against Nathaniel Chastain, a former manager at OpenSea, after his wire fraud and money laundering convictions were overturned by an appeals court.

Crypto

US Senate Agriculture Committee Schedules Markup for CLARITY Act on January 27

The Senate Agriculture Committee is set to release its document on the CLARITY Act on January 21 and hold a markup session six days later on January 27.

Crypto

Access to Venezuelan Oil Could Reduce Bitcoin Mining Costs, According to Bitfinex

Increased Venezuelan oil production may lead to lower electricity costs for Bitcoin miners, with significant benefits expected after several years.

Crypto

Proposed SAFE Crypto Act Aims to Combat Cryptocurrency Scams

New legislation could enhance collaboration among US agencies to tackle crypto fraud.

Finance

Texas Makes Groundbreaking Move by Purchasing Bitcoin During Market Decline

Texas becomes the first state in the U.S. to buy and hold Bitcoin, acquiring $5 million worth amid a downturn, raising questions about national crypto policy.