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U.S. Weighs Ending Double Taxation on Bitcoin Miners Amid High-Profile Advocacy

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The U.S. government is considering a major tax reform that could significantly impact the cryptocurrency sector: ending the double taxation imposed on Bitcoin miners. The move is gaining traction thanks to growing pressure from influential voices in both the political and crypto arenas. High-Profile Advocates Push for Change Prominent Bitcoin advocate and MicroStrategy Chairman Michael … Read more

Elon Musk’s “America Party” Proposal Gains Momentum Following Social Media Poll

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Tech mogul and entrepreneur Elon Musk has once again ignited national conversation—this time by floating the creation of a new political party. In a widely circulated social media poll conducted on X (formerly Twitter), 80.4% of more than 5.63 million respondents expressed support for the formation of a new political entity, which Musk is tentatively … Read more

Stablecoins and Crypto Debit Cards Are Reshaping Payments in Europe and Beyond

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In a sign of how far blockchain-based finance has come, stablecoins and crypto debit cards are rapidly transforming how people transact—both online and at the checkout counter. From surpassing Visa and Mastercard in on-chain volume to outpacing traditional banks in micro-payments, the growth of digital asset payments is no longer speculative—it’s structural. Stablecoins: The Internet’s … Read more

$484M in Token Unlocks This Week: Market Braces for Volatility

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The crypto market is gearing up for a potentially turbulent week as over $484 million in token unlocks are scheduled between June 30 and July 7. That’s nearly double the value of last week’s unlocks, which totaled just over $250 million. The sharp increase could introduce significant volatility, particularly among lower-cap tokens that are more … Read more

Binance Smart Chain to Implement “Maxwell” Hard Fork on June 30, 2025

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The Binance Smart Chain (BSC) network is set to undergo a major upgrade through a hard fork named “Maxwell”, scheduled for June 30, 2025. This significant update aims to accelerate transaction speeds, enhance network responsiveness, and boost overall ecosystem performance, benefiting all users across the platform. What’s in the Maxwell Upgrade? The Maxwell upgrade incorporates … Read more

Bitcoin Spot ETFs See $2.22 Billion Weekly Inflow as BlackRock and Fidelity Lead the Charge

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The Bitcoin spot ETF market is witnessing a powerful resurgence, with net inflows totaling $2.22 billion between June 23 and June 27, according to data from SoSoValue. The figures, recorded in Eastern Time, reflect mounting investor confidence in Bitcoin as a long-term asset class amid a volatile macroeconomic environment. BlackRock’s IBIT Dominates with $1.31 Billion … Read more

Nobitex Begins Service Restoration After $100M Hack by Pro-Israel Group

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Iran’s largest cryptocurrency exchange, Nobitex, has officially begun restoring services after suffering a devastating $100 million hack earlier this month, attributed to the pro-Israel hacking group Gonjeshke Darande. Gradual Restoration Underway In a series of updates, Nobitex stated that only users who have completed identity verification will initially regain access to the platform’s wallet services. … Read more

Bitcoin Miners Hold Steady Despite Record-Low Fees and Profit Pressures

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A new report from crypto analytics firm Alphractal has revealed a surprising resilience within the Bitcoin mining sector. Despite plunging profitability and historically low network activity, miners are resisting the urge to sell their Bitcoin reserves — a stark contrast to patterns seen in previous market downturns. Bitcoin Transaction Fees Plunge to 2012 Levels Transaction … Read more

Ripple Closes SEC Case with $50M Settlement, Clearing Path for Potential XRP ETF

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The XRP community is experiencing a wave of renewed optimism after Ripple officially announced the closure of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). In a pivotal development, both parties have dropped their appeals, and Ripple has agreed to a significantly reduced settlement of $50 million, far below the SEC’s … Read more

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