News

Massive Win for Crypto: Trump Crushes IRS Rule Threatening DeFi Survival

Coins Legend April 11, 2025 0

Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten President Donald Trump finalized

News

Block Fined $40M Over Cash App’s Crypto Compliance Failures and 169K Ignored Alerts

Coins Legend April 11, 2025 0

New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will […]

News

US Lawmakers Push for Crypto Clarity With Urgent Call to Overhaul Securities Laws

Coins Legend April 11, 2025 0

In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as the Subcommittee on Digital Assets, Financial Technology, and […]

News

Samson Mow Sees Bitcoin Surging as Tariffs, Rates, Capital Flight All Hit at Once

Coins Legend April 11, 2025 0

Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives. Samson Mow Expects Bitcoin to Go ‘Much Higher’ Bitcoin advocate Samson Mow, who serves as chief executive officer of the bitcoin infrastructure firm JAN3, commented on social media platform X this […]

News

Ripple and SEC Ask Court to Halt XRP Case as Deal Nears Final Approval

Coins Legend April 11, 2025 0

A new court filing reveals Ripple and the SEC are racing toward a landmark settlement, signaling a dramatic turn in the XRP case with massive crypto implications. Ripple and SEC Request Court Pause as Settlement Nears in XRP Case Attorneys representing both the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. jointly submitted […]

News

Economist Jim Rickards on Tariffs: The Best Policy in the World

Coins Legend April 11, 2025 0

Jim Rickards, economist and author of the best-selling book “Currency Wars,” explained that tariffs are extremely good for the U.S. to the detriment of other countries. In a recent podcast, Rickards stated that contrary to the idea of tariffs being a sales tax for the American people, it primarily affected the dynamics between the importer/distributor […]

News

Digital Asset Manager 21shares Files for Dogecoin ETF

Coins Legend April 11, 2025 0

The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto exchange-traded fund (ETF) management firm, filed for a spot dogecoin ETF with the U.S. Securities and Exchange Commission (SEC)

News

Bitcoin Price Watch: Eyes on $82K Resistance After $74K Bounce

Coins Legend April 10, 2025 0

Bitcoin’s price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior. Bitcoin On the 1-hour chart, bitcoin has exhibited a short-term bullish […]

News

Bitwise: Tariff Turmoil Will Ultimately Benefit Bitcoin, $200K Still in Play

Coins Legend April 10, 2025 0

Bitwise CIO Matt Hougan commented that after this tariff issue ends, bitcoin will ultimately be favored in the aftermath. Hougan believes that the endgame of the tariff issue will include a dollar devaluation, which would precede a new reserve system with bitcoin and gold at the forefront. Bitwise Believes Trade War Will Push Bitcoin to […]

News

Bitcoin Set to Go ‘Nuclear’ as Governments Flood the World With Fiat, Says Strike CEO

Coins Legend April 10, 2025 0

The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.04% on Thursday in the wake of […]