Crypto News

US Senate Votes to Overturn Controversial Crypto Tax Reporting Rule

The resolution now awaits a parallel version to advance in the House which must pass a floor vote before heading to Trump’s desk.Source link

Reddit Founder Alexis Ohanian Joins TikTok Bid, Wants to Bring Video App On-Chain

Ohanian is part of a push that aims to give power and data back to TikTok creators—and he wants to use blockchain to do it.Source link

Bitcoin Price Watch: Bulls Fight Back as Bitcoin Eyes $90K Breakout

As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition. Bitcoin Bitcoin‘sSource link

David Sacks Quietly Divested From Crypto Company at Center of Conflict of Interest Controversy

David Sacks, President Donald Trump’s crypto and artificial intelligence czar, came under fire this week following allegations that he could financially benefit from Trump’s announcement of a U.S. strategic crypto reserve.The initiative, which Trump shared details about on Sunday, would involve the government holding a reserve of digital assets, including Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), and Solana (SOL). Critics raised concerns that individuals within the administration with ties to these assets could stand to gain from the move.Sacks, a venture capitalist with previous crypto investments, quickly became a focal point of the controversy. Over the weekend and into Monday, he responded on X (formerly Twitter), rejecting accusations that he had a financial interest in the policy. He stated...

Ancient Bitcoin Wallets Move $22 Million in BTC After 14 Years

Are longtime holders gearing up to sell? Some $22 million worth of Bitcoin just moved from a half-dozen wallets after 14 years.Source link