Crypto News
US Lawmakers Back Trump’s Bold Crypto Orders for US Leadership
Key lawmakers back President Trump’s bold move on digital assets, signaling a seismic shift in U.S. financial policy and innovation leadership. Lawmakers Hail Executive Orders on Digital Assets House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have applauded President Donald Trump for his recent Executive Orders on digital financialSource link
Blackrock CEO Larry Fink Believes Bitcoin Could Reach $700K
Blackrock’s CEO believes that institutional bitcoin adoption could push BTC’s price to $700,000, highlighting its role as a hedge against currency debasement and financial instability. Larry Fink: Institutional Bitcoin Demand Could Boost Prices to $700K The CEO of Blackrock, the world’s largest asset manager, Larry Fink, shared bold predictions about bitcoin’s future value during aSource link
Bitcoin Giant Microstrategy Caught in Biden’s Tax Web
This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose a notable financial obligation on the firm. Microstrategy’s Billion-Dollar Bitcoin Gamble Hits a Snag: CAMT Tax Law Looms,Source link
XRP Market Update: Consolidation at $3.10 Sparks Anticipation of Major Breakout
XRP is currently trading at $3.12, with a market capitalization of $179 billion, a 24-hour trading volume of $3.29 billion, and an intraday price range of $3.08 to $3.14, indicating critical levels for traders to monitor. XRP XRP’s 1-hour chart reveals a consolidation phase as the crypto asset trades in a narrow range between $3.10Source link
Chinese Open-Source AI DeepSeek R1 Matches OpenAI’s o1 at 98% Lower Cost
DeepSeek's new R1 model matches or beats OpenAI's performance while being free and open-source—and it got there in a fascinating way.Source link