Crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washingon DC-based think tank. Cato Institute, a US-based think tank, has argued the government should remove capital gains taxes on Bitcoin and other cryptocurrencies to open the door for more currency competition. Capital...Continue Reading

The amount of capacity and the type of compute it was trained on is “abundantly available in China,” said the Nvidia CEO. Nvidia CEO Jensen Huang has warned that China already has the computing power and data center capacity necessary to train an AI model at the same level as Anthropic’s AI model Claude Mythos,...Continue Reading

Tech stocks helped drive the Nasdaq to 24,016 and the S&P 500 to 7,022 as Bitcoin climbed nearly 10% over the past two weeks.  US equities and tech stocks gained on Wednesday as investors looked optimistically to a de-escalation of the US-Iran war, while the price of Bitcoin tapped $75,000 amid broader positive momentum across...Continue Reading

The CFTC is investigating trades that took place before the US delayed strikes on Iranian energy infrastructure on March 23 and agreed to a ceasefire with Iran on April 7. The US Commodity Futures Trading Commission is reportedly investigating suspicious oil trades that were placed ahead of certain announcements made by the Trump administration relating...Continue Reading

Major World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have ever seen.” The Trump family’s crypto platform, World Liberty Financial, is facing backlash over a new proposal to lock up tokens purchased by early investors for up to four years,...Continue Reading

The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024. Morgan Stanley’s new spot Bitcoin exchange-traded fund has just surpassed the WisdomTree Bitcoin Fund (WBTC) in total net inflows, despite launching just over a week ago.  The Morgan Stanley Bitcoin Trust (MSBT) added...Continue Reading

It may be appropriate to attempt to mitigate the extent of the freeze as much as possible, even at the cost of greater complexity, said BitMEX. BitMEX Research has proposed an alternative to freezing quantum-vulnerable dormant Bitcoins, advocating a wait-and-see approach and a “canary fund” with a quantum bounty instead.  BitMEX Research proposed a soft...Continue Reading

CryptoQuant says Bitcoin could be reaching a temporary ceiling after hitting a multi-month top of $76,000 on Wednesday, with investors moving Bitcoin in bulk to exchanges. Bitcoin deposits to crypto exchanges surged on Tuesday as it rallied above $76,000, suggesting it is hitting “near-term selling pressure” as investors move their coins into a position for...Continue Reading

Back said the safest approach is to build optional upgrades that would allow Bitcoin to migrate to quantum-resistant cryptography once it’s needed. Blockstream CEO Adam Back, an early pioneer of the crypto movement, said Bitcoiners should be looking at building quantum-resistant solutions now, even if the threat is still decades away.  “Quantum computing still has...Continue Reading

Short-term Bitcoin traders took profit on 63,000 BTC over the past 24-hours. Will profit-taking continue to stall the rally? Bitcoin’s (BTC) rally stalled above $76,000 stalled on Tuesday after short-term profit-taking by traders reached its highest level in 2026.  The activity coincided with continued accumulation by long-term holders, and this opposing interaction between the two...Continue Reading