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bitcoinist.com US Treasury Officially Removes Controversial Biden-Era Crypto Broker Reporting Rules

The US Department of the Treasury and the Internal Revenue Service (IRS) have formally scrapped a controversial crypto rule that would have mandated decentralized exchanges to comply with broker reporting obligations. Related Reading: Bank Of Korea Warns Of Stablecoins From Non-Bank Entities, Claims Risk Of Market Confusion US Treasury, IRS Drop Crypto Broker Rule On […]

blockonomi.com XRP Price Retests Key Zone After Hitting $2.97: Can Bulls Sustain a Move Above $3?

TLDR: The XRP price broke a bullish flag after a 533% rally and is now retesting key support at $2.70. A weekly close above $2.90 could confirm continuation toward resistance at $3.49 and $4.57. XRP gains 24% in a week, with volume surpassing $14B as traders eye new highs. Analysts say holding the flag breakout [...] The post XRP Price Retests Key Zone After Hitting $2.97: Can Bulls Sustain a Move Above $3? appeared first on Blockonomi.

news.bitcoin.com Coinbase Snags Opyn Leadership in Lift-Out Acquisition

Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team […]

bitcoinist.com SharpLink Buys 10,000 ETH From Ethereum Foundation — What Are They Planning?

Nasdaq-listed SharpLink Gaming has expanded its Ethereum holdings through a direct over-the-counter transaction with the Ethereum Foundation. The company purchased 10,000 ETH for approximately $25.7 million, pricing each token at $2,572.37. The deal, finalized on July 10, increases SharpLink’s total ETH balance to 215,634 tokens, according to data from DeFiLlama. At current market value, that […]

blockonomi.com Here’s Why Stellar (XLM) Price Is Up Today

TLDR: Stellar gains 62% in one week as trading volume explodes to over $2.2 billion. Protocol 23 upgrade promises 40% cost reduction and major network performance boost. Stellar Core v23.0.0-rc2 confirms readiness, attracting institutional trading activity. Bitcoin’s surge above $118K triggers altcoin rally, boosting demand for XLM. Stellar (XLM) has seen a sharp rise in [...] The post Here’s Why Stellar (XLM) Price Is Up Today appeared first on Blockonomi.

bitcoinist.com US-Regierung verkündet Crypto Week! Was das für den Kryptomarkt bedeutet

Anleger, die gestern in ihre Krypto-Wallet geschaut haben, dürften ihren Tag wohl mit einem breiten Lächeln gestartet haben. Bitcoin konnte ein neues Allzeithoch bei 118.856,47 US-Dollar markieren und damit den alten Höchststand übertreffen. Doch nicht nur Bitcoin ist stark explodiert. Auch die Kurse vieler Altcoins haben erstmals seit langer Zeit einen starken Schub erhalten und […]

news.bitcoin.com South Africa’s Sygnia Launches Bitcoin Fund Tied to Blackrock’s IBIT

Sygnia, a South African investment manager, has launched the Sygnia Life Bitcoin Plus Fund, which tracks Blackrock’s Ishares Bitcoin Trust exchange-traded fund (ETF). Sidestepping South Africa’s Regulatory Hurdles South African investment manager Sygnia has launched a product that tracks Blackrock’s Ishares Bitcoin Trust ETF (IBIT). Known as the Sygnia Life Bitcoin Plus Fund, the product, […]

bitcoinist.com Ethereum Adoption Grows: GameSquare Invests $5 Million In ETH As Part Of Treasury Strategy

In an announcement yesterday, Nasdaq-listed software company GameSquare Holdings revealed that it had purchased $5 million worth of Ethereum (ETH) as part of its $100 million ETH-focused treasury strategy. With this move, GameSquare joins a growing number of companies diversifying their corporate treasuries by investing in digital assets. GameSquare Embraces Ethereum As Part Of Treasury […]