Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives approved H.J. Res. 25 on March 11, aiming to overturn the previous administration’s […] Source CryptoX Portal
Month: March 2025
Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin has maintained its dominance on the altcoin market even amidst the ongoing price corrections. The leading cryptocurrency has been in the spotlight throughout this market cycle, but a…
Arthur Hayes Predicts Bitcoin Bottom at $70K, Sees Strong Bull Market Ahead
Bitcoin could drop to $70,000 before its next rally, Arthur Hayes predicts, emphasizing patience. He warns of short-term volatility and highlights central banks’ role in driving future gains. Arthur Hayes on Bitcoin’s Next Move: Will BTC Drop to $70K? Arthur Hayes, former CEO of crypto exchange Bitmex, has shared his outlook on bitcoin’s price trajectory […] Original
Dollar’s Decline and Yield Crash: QCP Reveals Hidden Lifeline for Battered Risk Assets
QCP Capital highlights a stark reversal in post-election market optimism as U.S. equities and crypto face historic sell-offs amid shifting fiscal and risk sentiments. Bitcoin Tests Key Support Level Amid Market Turmoil QCP Capital reported that U.S. stock markets extended declines following former President Donald Trump’s recent remarks, with the S&P 500 and Nasdaq dropping […] Source CryptoX Portal
Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November…
Puerto Rico Court Fines Man $10K Daily for Refusing to Surrender 119 Bitcoin
A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A. Besosa ruled on […] Original
U.S. House Votes to Overturn IRS DeFi Broker Rule
A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and requiring them to collect certain taxpayer and transaction information, including decentralized finance (DeFi) platforms. With a 292-132 vote, a bipartisan majority in the House joined the U.S. Senate in advancing the Congressional Review Act resolution overturning the rule finalized in the closing days of former President Joe Biden’s administration. Missouri Republican Jason Smith, urging his fellow lawmakers to vote for the resolution earlier in the day, said the…
YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO
Update (March 11 at 9:59 pm UTC): This article has been updated to include a response from the SEC. Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000 subscribers, said the US Securities and Exchange Commission will stop pursuing him in court over allegations he violated securities laws by promoting Sparkster (SPRK) tokens in 2018. Speaking to Cointelegraph on March 11, Balina said the SEC had informed him it planned to recommend the court dismiss a case filed in 2022 alleging “unregistered offering and promotion…
Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The cryptocurrency market is facing a seemingly never-ending decline, with Ethereum (ETH) and Dogecoin (DOGE) leading the losses among large-cap digital assets. This correction comes as the broader market…
Franklin Templeton Seeks SEC Approval for Spot XRP ETF in Latest Crypto Push
Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency XRP. Franklin Templeton Files to Launch XRP ETF, Leveraging Coinbase Custody and Cboe Listing The proposed Franklin XRP ETF, […] Source BitcoincryptoexchangeExchanges CryptoX Portal