Crypto News
Coinbase CEO Says Crypto Integration Could Be ’10x Unlock’ for AI
Coinbase has teamed with Perplexity AI to bring real-time crypto data into AI-powered search—and Brian Armstrong sees major benefits.Source link
IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule
The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified Finalized in December 2024, the rule sought to widen broker reporting under Section 6045 of the tax codeSource link
Bitcoin Breakout Leaves Short Sellers in Tatters
The cryptocurrency’s price hit a new all-time high and climbed past $113K on Thursday afternoon, leaving bearish short sellers bleeding to the tune of $302M. Bitcoin Soars Past $113K, New Level Unlocked Just a day after California-based chipmaker Nvidia (Nasdaq: NVDA) became the first company to reach a $4 trillion market capitalization on Wednesday, bitcoinSource link
BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot
The U.S. miner also wants to convert its current holdings to SOL.Source link
Crypto Execs Sound off as Bitcoin Rockets to New All-Time Highs
On Thursday at 1:15 p.m., bitcoin ( BTC) is cruising at $113,430 per coin, following a climb into the $113,541 mark. As bitcoin flirts with fresh highs, industry analysts and crypto execs are sounding upbeat, hinting that the bull run may just be warming up. $113K Bitcoin: Experts and Execs See More Room to RunSource link