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Search Results for: crypto adoption

STABLE Act Bill to Create Regulatory Framework for Stablecoins in the US

Regulation is a must for any fintech industry to grow and thrive in today’s financial ecosystem. Without clear rules and regulations in place, businesses, individuals, and investors will not be able to use new financial assets.  Despite the lack of clear regulations, the crypto industry has grown to be a

March 27, 2025 2 mins read

Donald Trump Set to End IRS DeFi Tax Rule After Senate Vote

The U.S. Senate voted to repeal a controversial tax rule targeting decentralized finance (DeFi) platforms with a final vote of 70-28. The rule, introduced under the Biden administration, required DeFi platforms to report crypto transactions to the IRS. This mirrored the obligations of traditional financial institutions. This decision marks an

March 27, 2025 2 mins read

ZachXBT Raises Decentralization Questions to Hyperliquid, Post JELLY Response

As the week inches to an end, the crypto market prices have once again retreated to consolidation. Similar to previous days, regulatory advancements are failing to translate into cryptocurrency prices, causing frustration. Meanwhile, new tokens have continued to crop up, drawing attention from the community.   Notably, in January this year,

March 27, 2025 2 mins read

GameStop Seeks to Raise $1.3B to Buy Bitcoin—Could It Spark a BTC Rally?

Just a day after revealing plans to add Bitcoin (BTC) to its balance sheet, GameStop (GME) is taking things a step further. The company, led by CEO Ryan Cohen, is raising $1.3 billion by issuing convertible senior notes, aiming to use the funds for Bitcoin purchases. The five-year bonds, set

March 27, 2025 2 mins read

Solana Teeters on Brink of Death Cross as $148 Resistance Holds Firm

Solana (SOL) continues to face resistance at the $148 level despite recent price gains, raising concerns about its short-term prospects. The altcoin has posted an 11% increase over the past four days but remains unable to secure this key support level, keeping it from breaking through the important $150 psychological

March 26, 2025 2 mins read

COTI Launches High-Speed Layer 2 Mainnet for Privacy-on-Demand in Web3

As a scalable Layer 2 for confidential transactions, Web3 privacy layer COTI has successfully launched its mainnet. After more than two years of rigorous research and development, COTI’s L2 seeks to bridge the gap in web3 infrastructure by enabling consumers’ and businesses’ Privacy-on-Demand. COTI’s high-speed Layer 2 uses an implementation of

March 26, 2025 3 mins read

Dogecoin (DOGE) Jumps 10.58% as Foundation Launches 10M DOGE Reserve

Dogecoin (DOGE) is trading at $0.2035, up 10.58% in the last 24 hours. The market cap has grown 10.59% to $30.24 billion, with $1.83 billion in trading volume, reflecting a 16.13% increase. The market cap ratio stands at 5.97%, showing strong liquidity. The Dogecoin Foundation has launched a 10 million

March 26, 2025 1 min read