Crypto News
White House Wants Americans to Report, Pay Taxes on Foreign Crypto Accounts
The proposal was one recommendation featured in a 168-page digital assets report published by the Trump administration on Wednesday.Source link
Fed Holds Rates Steady as Expected, but Two Dissent From Decision
As was almost universally expected, the U.S. Federal Reserve Wednesday left its benchmark fed funds rate range steady at 4.25%-4.5%.In a rare departure from norms, two Fed governors — Michelle Bowman and Chris Waller — dissented from the decision, preferring instead to trim rates by 25 basis points. It's the first time two Fed members have dissented from a policy decision since December 1993, according to Carson Group Chief Market Strategist Ryan Detrick."Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year," said the Fed's accompanying statement. "The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated."Bitcoin (BTC)...
Will Ethereum Hit a New All-Time High This Year? Odds Favor Bulls: Analysis
As ETH flirts with $3,800, traders on Myriad are increasingly bullish that Ethereum finally breaks its all-time high after almost four years.Source link
Rodriguez, Hill Plead Guilty in Samourai Wallet Case, Laundering Charges Wiped
Keonne Rodriguez and William Lonergan Hill, developers of the bitcoin privacy wallet Samourai Wallet, pleaded guilty to conspiring to operate an unlicensed money transmitting business in New York federal court on July 30, 2025. According to a report from The Rage, as part of their plea agreements, prosecutors dropped more serious money laundering conspiracy charges,Source link
Bitcoin Holds Steady as Fed Leaves Interest Rate Intact
Crypto markets have largely shrugged off tensions between the White House and U.S. central bank about monetary policy.Source link