April 23, 2025

Crypto

Crypto

Trump Repeals IRS Rule That Targeted DeFi Platforms in Tax Reporting Crackdown

At least for now, the crypto industry just scored a major win with this new update related to IRS crypto reporting. On April 10, 2025, President Donald Trump signed off on a bill that officially killed an IRS rule requiring decentralized finance (DeFi) platforms to report user transaction data to the government. This rule, finalized

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Crypto

NFT Trader Suffers $10M Loss After Sale of Rare Alien CryptoPunk

An anonymous NFT collector has suffered a $10 million loss after selling one of the rarest CryptoPunks on Thursday. On-chain data shows that Punk #3100 changed hands for 4,000 ETH, translating to approximately $6.07 million via a private transaction on the official CryptoPunks marketplace. The NFT is one of just nine Alien Punks in the

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Crypto

Buy or wait? Hyperliquid, Curve DAO and Fartcoin are the hottest picks

This week, the declining crypto market capitalization and large swings in Bitcoin’s price have influenced the top-performing picks: Hyperliquid, Curve DAO, and Fartcoin. These three tokens have rallied between 25% and 100% in the past seven days. Crypto market capitalization now stands at $2.711 trillion, up 2% in the last 24 hours. Bitcoin’s market cap

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Crypto

Which one offers more advantages?

Share this article With the advent of Bitcoin and other cryptocurrencies, forex traders now enjoy the possibility of diversifying their portfolios. Both Bitcoin and fiat currencies have their advantages and disadvantages when used for forex trading. So, in this article, we shall say how these two differ from each other and find the advantages of

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Crypto

Why Bitcoin Might Hit $250K This Year, According to a Crypto OG

Cardano founder Charles Hoskinson isn’t exactly known for holding back. His Bitcoin Price Prediction for 2025? Bitcoin could soar to $250,000 by the end of 2025—or early 2026 if things take a little longer to click into place. So, what’s fueling this sky-high forecast? According to Hoskinson, a big part of it comes down to seven

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Crypto

Trump Signs Bill Repealing IRS DeFi Broker Rule in Crypto Industry Win

In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), used the Congressional

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Crypto

Sonic token eyes higher ground following a bullish engulfing impulse

Sonic token has caught the eye of traders after a powerful bullish move from support. With price now consolidating under key resistance, the next breakout could be just around the corner—here’s what the chart is telling us. Sonic (S) token has shown some serious momentum lately, catching the attention of traders with a powerful bullish

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Crypto

Trump-backed World Liberty may have sold 5,471 ETH amid $125M loss

Key Takeaways A Trump-backed entity, World Liberty, reportedly sold 5,471 ETH at a loss. World Liberty’s ETH investment initially purchased at $3,259 per token, is now facing a $125 million loss. Share this article A wallet possibly linked to World Liberty Financial, the DeFi project endorsed by the Trump family, may have offloaded 5,471 ETH

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Crypto

Pro-Crypto Paul Atkins Takes Over as SEC Chair

The U.S. Senate has officially confirmed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC), clearing the way for a major shift in the agency’s approach to crypto. The vote came down 52–44 on April 9, 2025, confirming what many already expected: Washington’s regulatory stance on digital assets is changing. If

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Crypto

DOGE Price Moves as Dogecoin Whales Go on Buying Spree

TL;DR The cryptocurrency market is showing signs of revival on Friday night, with many assets charting impressive gains, led by BTC. Dogecoin is also well in the green, which comes after a substantial accumulation spree by DOGE whales. Dogecoin was once among the biggest beneficiaries of Donald Trump’s victory in the US elections, shooting up

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