Crypto Investors Could Lose Key Tax Advantage Under New House Proposal โ€“ Bitcoin News

Key Takeaways Proposed legislation would extend wash sale restrictions to many cryptocurrency transactions. Investors could face limits on claiming losses after rapid asset repurchases. Exemptions cover qualified U.S. dollar stablecoins and digital assets acquired through staking, mining, and related validation activities. House Proposal Would Bring Crypto Trades Under Wash Sale Restrictions House Budget Chairman Jodey Arrington (R-TX) on June 17 issued a press release highlighting H.R. 9172, the โ€œApplying Existing Tax Anti-Abuse Rules to Digital Assets Act.โ€ The bill was introduced in the House on June 8 and referred to…

Bitcoin Mining Live Q&A โ€” Ask Me Anything! Free Expert Consultation Nobody Expected This!

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Ready USDC Card Halts Non-EEA Service Following Card Issuer Transition

Ready Card users outside the European Economic Area have been pushed into an abrupt service halt after a card issuer transition disrupted the USDC spending product, according to user notices shared on X. TL;DR Ready Cardโ€™s non-EEA service halt shows how stablecoin products still depend on traditional payment rails. The card is marketed as a self-custody USDC debit card, but spending access depends on issuer support. The incident comes as crypto payment firms face a more demanding compliance environment. The bigger story is not custody, but the fragility of card…

Oman Launches Mandatory National Bitcoin Mining Pool In Sovereign Regulatory Push

Oman has moved another step into state-managed Bitcoin Mining infrastructure after Enegix Global said it had been selected to power Omanhash.om, described as the Sultanateโ€™s national Bitcoin mining pool. TL;DR Omanhash.om is being positioned as the official mining pool for licensed crypto miners in Oman. Enegix Global says it will act as the technology and liquidity provider alongside Omani partner Frontier Technologies. The move points to a more sovereign, permissioned model for Bitcoin mining infrastructure. The key question now is how mandatory pool participation affects local hash-rate transparency and miner…

๐Ÿšจ ALERT – BITCOIN AT BIG RISK ! Gold and Silver Market Crash but why – what to do ?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin Crypto everything crashing – But Why? What to do ? Disclaimer: All content shared is for educational and informational purposes only and does not constitute financial, legal, or investment advice. We are not financial advisor. While we track global geopolitics, cryptocurrency, Metals and AI trends using public data, these markets are inherently volatile. Information is subject to change without notice. Please conduct independent due diligence and consult a qualified professional before making any financial commitments or decisions. #Bitcoin #Gold #Silver #SilverPrice…

Bitcoin Under Pressure Following Trump, Warsh Comments

Key takeaways: Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs. Strategyโ€™s STRC stock shows weakness, highlighting growing concerns over monthly dividend obligations and share dilution. The US stock market traded down on Wednesday after President Donald Trump said the memorandum of understanding with Iran was not final. Investors fear that oil flows through the Strait of Hormuz will not clear quickly, which adds further pressure on inflation. Is the stock market and Bitcoin (BTC) at risk? The…

Bitcoin Eyes $70K Breakout as 21Shares Sees Path Toward $100K by Q3

Key Takeaways 21shares sees a potential route to $100,000 if bitcoin clears $70,000. After a Fed-driven pullback, BTC continues defending support around $65,000. Meanwhile, inflation concerns and rate expectations could shape near-term market sentiment. 21Shares Says Bitcoinโ€™s Upside Case Starts With a $70K Break Bitcoin could climb to $100,000 by the end of the third quarter if it clears $70,000 resistance, according to Matt Mena, Senior Crypto Research Strategist at crypto asset manager 21Shares. The forecast comes after the Federal Reserve signaled a more hawkish policy outlook. Market reaction to…