Crypto News

The Senate voted 70-28 to crush an IRS rule targeting DeFi developers, delivering a sweeping crypto victory now heading to Trump’s desk for final approval. Senate Overturns IRS Crypto Rule in Landmark Victory for Decentralized Innovation U.S. Senator Ted Cruz (R-TX) announced on March 26 that his resolution to overturn a controversial Internal Revenue ServiceSource link

CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported.The AI infrastructure firm was previously expected to raise $3 billion at a $30 billion valuation, according to the story, but the size has been cut and the valuation lowered to just $23 billion.A separate story from Bloomberg said CoreWeave is now looking to raise only $1.5 billion.CoreWeave is in close partnership with bitcoin miner Core Scientific (CORZ), which was expected to profit from the IPO if the results are positive and sustain strong revenue growth over the next few years.In early U.S. trading, CORZ is up fractionally, but down sharply over the past month and for 2025 as a whole. AI-related tokens...

Breda, Netherlands, 27th March 2025, GamingWireSource link

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2731.35, up 0.4% (+11.44) since 4 p.m. ET on Wednesday.Twelve of 20 assets are trading higher.Leaders: SUI (+7.1%) and AAVE (+3.6%).Laggards: DOT (-1.6%) and XRP (-1.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

"I will adjust the price to try to hit a sweet spot of about 10 messages per day,” CZ noted, after initially being spammed before he raised the fee.Source link