Crypto News

Tax Reduction, Currency Competition, and Nuclear Energy: Milei Defines Second Year Roadmap

Argentine President Javier Milei delivered a speech detailing his administration’s plans for its second year in office. The leader stated that he would slash 90% of national taxes, implement a currency competition scheme, and even introduce nuclear energy to the country. Milei Year Two: Nuclear Energy, Tax Reduction, and Free Currency Circulation Argentine President JavierSource link

Crypto Daybook Americas: Bitcoin Bulls, Remember to Zoom Out When in Doubt

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market is looking to maintain the bullish momentum ignited by Wednesday's U.S. CPI report, which matched estimates and cleared the path for another Federal Reserve rate cut next week. BTC has retaken $100,000 and ether is again eyeing $4,000. A number of tokens, including AAVE and LINK, are trading 10% higher on the back of accumulation by wallets tied to World Liberty Financial, the project supported by President-elect Donald Trump's family.The key question now is whether BTC's rally will be long-lasting. It could be, thanks to bitcoin's consistent price premium on Coinbase compared with global exchanges and healthier leverage levels in the broader market. The upside may be capped, however,...

Donald Trump Considering a16z Crypto Policy Head for CFTC Role: Bloomberg

While Brian Quintenz was a CFTC commissioner, he oversaw the launch of the first regulated Bitcoin and Ethereum futures contracts.Source link

Bitcoin and Ethereum ETFs See Extended Inflow Streaks

Accumulated consistent inflows over a 13-day period for Bitcoin and Ethereum ETFs signals robust demand. Bitcoin and Ethereum ETFs on a Roll Bitcoin and Ethereum exchange-traded funds (ETFs) have been on a remarkable inflow streak over the past two weeks. This is according to data from Sosovalue which tracks the performance of ETFs. On Dec.Source link

Kraken’s Australian Exchange Operator Fined $5.1 Million for High-Risk Margin Trading Products

The exchange didn't take the proper steps to ensure investors were "not inappropriately marketed products that could harm them," said the ASIC chair.Source link