The recent repeal of the IRS’s “DeFi Broker Rule” by President Donald Trump stands as a significant milestone that may redefine the cryptocurrency landscape in the United States. Signed into law on April 10, this legislative shift not only prevents the implementation of burdensome tax reporting requirements on decentralized finance (DeFi) platforms but also ensures
Crypto
Bitcoin (BTC), once dismissed as a fleeting phenomenon or the ultimate speculative gamble, has transitioned into a different realm altogether. Today, this cryptocurrency is increasingly recognized as a macro asset with serious potential. In the face of relentless market fluctuations, seasoned analysts like Matt Hougan from Bitwise argue that the foundational changes in Bitcoin’s ownership
In 2025, the financial landscape entered a shocking phase, dramatically reshaping trade dynamics and echoing through markets from stocks to cryptocurrencies. President Trump’s aggressive implementation of import tariffs has turned heads and ignited debates across the political spectrum, and the ripple effects are notably evident in Bitcoin. While tariffs are typically designed to protect domestic
In a digital landscape where anonymity is revered as a fundamental right, the recent legal battle filed by James Murphy, a dedicated crypto lawyer, against the Department of Homeland Security (DHS) casts a long shadow of misinterpretation over this principle. Murphy’s lawsuit seeks information from the DHS regarding the identity of Bitcoin’s elusive creator, Satoshi
In a startling turn of events, the cryptocurrency markets have plunged by an alarming 10% within a mere 24-hour window, resulting in an extraordinary exodus of over $240 billion from this volatile sector. Simultaneously, stock market futures have crumbled, reflecting a 15% decline over three days, a phenomenon reminiscent of economic depressions. Expressions of despair
The recent announcement by U.S. President Donald Trump regarding the imposition of retaliatory tariffs marks a critical juncture in international trade dynamics. While supporters laud the decision as a bold step toward correcting perceived economic injustices, the reality is far more complex and troubling. The tariffication strategy — deploying sweeping levies on a multitude of
In the world of cryptocurrency, it’s easy to become infatuated with the euphoric highs and optimistic predictions that abound, especially post-election. Many enthusiasts believe we are in a bull market, with enthusiasm for digital currencies soaring, but beneath this glistening veneer lies a more complex reality. A significant portion of the community fervently argues for
As the cryptocurrency landscape grapples with daunting challenges, President Donald Trump’s newly enforced global tariffs have sent shockwaves throughout financial markets. This political maneuvering incited a wave of panic among traditional investors, who instinctively sought refuge in gold and silver, driving gold’s price to an unprecedented high of $3,168. Yet, in the midst of this
In the hyper-evolving world of cryptocurrency, the intoxicating promise of quick, substantial profits often blinds even the most astute investors. Enter TreasureNFT, a platform that lured thousands with extravagant claims of a 30% monthly return driven by advanced AI in non-fungible token (NFT) trading. It seemed like a fairy tale when they first launched in
In an astonishing twist that seems to blur the lines of moral déjà vu, the very hacker who orchestrated a $9.57 million exploit of the zkLend platform found themselves unwittingly ensnared in another scam, suffering a staggering loss of 2,930 ETH—approximately $5.4 million. The irony here is almost poetic: a criminal, ostensibly skilled in the