The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023. The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital assets. According to U.S. President Joe...Continue Reading

Bitcoin and select altcoins are showing signs of starting a new uptrend, indicating that the sentiment may have turned from selling on rallies to buying on dips. Bitcoin (BTC) and several altcoins surprised many with their newfound strength during the weekend. Bitcoin’s rally easily sliced through the $45,900 level, which according to Glassnode was an...Continue Reading

LBMA CEO Ruth Crowell said the new blockchain-based initiative can help to promote “confidence” in the “integrity and accountability” of the gold that is traded. Some of the most prominent organizations in the gold industry have joined forces to launch a new “integrity program” that utilizes blockchain technology for supply chain management — a move...Continue Reading

“Owning a Mt. Gox NFT proves you’re OG… you were there in the early days of Bitcoin, and now you can prove it on the blockchain,” said the project’s whitepaper. The former CEO of thnow-defunct crypto exchange Mt. Gox has announced that certain users will be eligible to receive commemorative nonfungible tokens, or NFTs. In...Continue Reading

The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech. Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it.  With regard...Continue Reading

STG price rallied after excited investors piled into Stargate Finance, an interoperability-focused multi-chain DeFi platform. “Stargate Finance” has been trending on Twitter for the past week and while it’s too early to call for a full-blown DeFi bull market, traders have been shoveling funds into the project, which claims to be a “composable omni-chain native...Continue Reading

The significance of cracking the yearly open price as Bitcoin’s 2022 range ceiling continues to play out. Bitcoin (BTC) went on to hit its highest level since Jan. 2 on March 28’s Wall Street open as its latest bull run kept up the pace. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC dip nonessential but...Continue Reading

BTC price charts suggest that $52,500 should be a very challenging resistance level to flip. A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2. Bitcoin price bottoming out? On the daily timeframe, Bitcoin broke out of its ascending triangle on...Continue Reading

The quotas and allocations of mining operators should be set by the regional authorities, not federal, the deputy minister says. Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulation. This statement continues the recent streak of support for the crypto industry among...Continue Reading

A United States House bill proposes a Treasury-issued, hardware-secured and anonymous form of digital cash. The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. The legislation calls for the U.S. Secretary of the Treasury to develop and...Continue Reading