Author: driver789
US Representatives Max Miller and Steven Horsford published a discussion draft bill on Thursday titled the ‘‘Digital Asset Protection, Accountability, Regulation, Innovation, Taxation, and Yields Act’’ or the ‘‘Digital Asset PARITY Act,” to overhaul the tax code for digital assets.The Digital Asset PARITY Act seeks to overhaul the Internal Revenue Code of 1986 by adding provisions that would clarify the tax treatment of digital assets.The legislation said that stablecoins are not subject to gains if the cost basis, or the amount paid by the investor, does not fluctuate by more than 1% of $1 or $0.01, according to the discussion…
When one of the world’s largest card networks pays a significant premium over a company’s last valuation to acquire it, that is worth paying attention to. When the company in question builds stablecoin settlement infrastructure, it tells you something fundamental about where the payments industry believes it needs to be – and how urgently it needs to get there.Mastercard had options. It could have partnered with BVNK. It could have taken a minority stake. It could have acquired a smaller stablecoin infrastructure player for a fraction of the price. Instead, it paid $1.8 billion – more than double BVNK’s $750…
Opinion by: Ilya Tarutov, founder of TramplinCrypto hasn’t struggled because the technology was flawed. Instead, it faltered as a result of the incentive structures the industry created, which have quietly turned it into something that works against the very people it was supposed to serve.Since 2017, every crypto market cycle has followed the same pattern. Each cycle started with excitement, followed by retail inflows, a velocity trap and catastrophic drawdowns, and ended in an erosion of trust that takes months, if not years, to rebuild. Each cycle begins with optimism, peaks at overconfidence and concludes with panic and despair.Most of…
An interesting statement from Grant Cardone has led to a different kind of conversation. According to the popular American businessman, the Bitcoin price should be $280,000. His claim that Bitcoin should already be trading at $280,000 raises a deeper question: if that valuation were accurate today, what would it imply for the rest of the market? That question becomes even more interesting when applied to cryptocurrencies like Dogecoin and XRP, which tend to move in tandem to Bitcoin. Grant Cardone’s $280,000 Bitcoin Call And What It Implies The real estate mogul, who oversees about $5.3 billion in assets through his…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
Intercontinental Exchange, Inc. Intercontinental Exchange, the parent company of the New York Stock Exchange, has completed a $600 million direct cash investment in prediction market platform Polymarket as part of a broader equity fundraising round, according to a company announcement. The new investment follows ICE’s previously disclosed $1 billion commitment made in October 2025. With the latest infusion, ICE says it has now fulfilled its obligations under the investment agreement, which also includes plans to purchase up to $40 million in additional Polymarket securities from existing holders. Polymarket, a blockchain-based prediction market platform that allows users to trade on the…
Two Chinese container ships linked to Cosco briefly moved toward the Strait of Hormuz on Friday before turning back near Iranian waters, adding to market concern over shipping access in the Gulf. Summary Two Chinese-linked ships turned back near Hormuz as Iran enforced stricter control over vessel movements. Iran warned certain ships against transit, calling the strait closed to its stated enemies. Bitcoin and Ethereum fell as geopolitical tension increased and uncertainty spread across global financial markets. Meanwhile, the moves came as Iran’s Revolutionary Guard repeated that traffic tied to countries aligned with the United States and Israel would not…
Bitcoin (BTC) neared $66,000 at Friday’s Wall Street open as analysis called US inflation trends “objectively unsustainable.”Key points:Bitcoin drops further on oil-supply woes as Iran closes the Strait of Hormuz.BTC price performance is set to seal its sixth straight month of losses at the March close.Traders eye the lows with $70,000 back as resistance.Oil squeeze creates US bond-market havocData from TradingView captured ongoing BTC price losses, which approached 4% on the day and threatened to turn March into Bitcoin’s sixth consecutive “red” month.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewMacro headlines drove weakness across risk assets. US stocks opened downward after Iran closed…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price continues to hold above $2,000, demonstrating noteworthy resilience amid ongoing bearish market conditions. In light of this resilience, crypto market analyst Merlijn The Trader recently shared a new ETH analysis, identifying a recurring historical pattern that has served as a strong bullish signal for the cryptocurrency. According to the analyst, this pattern previously drove gains of over 10,000% and 4,000%, suggesting that a repeat could spark another major rally in this cycle. Ethereum Price Chart Repeats Historically Bullish Pattern In an X post published…
Anthropic, the artificial intelligence company behind Claude, has begun testing a new AI model more capable than any it has released previously, Fortune reported.The company said the model represents “a step change” in performance and is “the most capable we’ve built to date.” It is currently being tested with a small group of early access customers as Anthropic evaluates its behavior and risks.Among the names moving sharply lower on the news: Palo Alto Networks (PANW), Crowdstrike (CRWD) and Fortinet (FTNT) are all down 4%-6%. The broader iShares Expanded Tech-Software Sector ETF (IGV) is off 2.5%.The leak overnight likely contributed to…