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In the latest pro-crypto pivot in the US, the Senate has quashed a rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” The rule required decentralized finance platforms to report detailed information on customers to the IRS, starting for tax year 2027.…

Cardano’s ADA token is making headlines with a 20% surge since yesterday, now hovering near $0.95 after a turbulent few days. But the big question on everyone’s mind is: can this momentum carry ADA to the $5 mark? While Cardano gets all the attention, newcomer BTC Bull Token is also building momentum – already raising…

Despite recent market struggles, Chainlink has managed to stage a notable recovery. Over the past 24 hours, the altcoin rose by over 16% amidst high volatility. During this period, the top LINK wallets were found to have increased holdings to 18.15% of supply. LINK Surges After Market Dip Chainlink (LINK) has shown a notable rebound…

Iris Ramaya Au, the former girlfriend of admitted crypto fraudster Adam Iza, dubbed “The Godfather,” has agreed to plead guilty to a federal criminal tax charge. Au pled guilty to a single count of giving a false tax return “for failing to report more than $2.6 million in ill-gotten gains she obtained via her then-boyfriend’s…

El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop. The IMF issued a new request on March 3 for an extended arrangement under its $1.4 billion fund facility to El Salvador, which called on the country’s public sector to stop voluntarily…

After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking enforcement action. While the agency has not disclosed the specific reasoning behind its decision, the move aligns with a broader shift in the SEC’s approach to…

TL;DR Trump-themed memes followed the broader decline of the cryptocurrency sector, tanking by double digits. Official Trump has slipped below $12.50, but some analysts believe a resurgence could be on the horizon. The Major Collapse The brief pump in the cryptocurrency sector on March 2 and the early hours of March 3 was abruptly suspended…

Bitcoin (BTC) stayed volatile at the March 4 Wall Street open as weak crypto markets weighed the impact of US trade tariffs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin edges closer to multimonth lows Data from Cointelegraph Markets Pro and TradingView showed new local lows of $82,037 for BTC/USD on Bitstamp. A rebound then took the…

TL;DR The Open Network launch allowed PI token listings, but many users still need to pass KYC procedures. The deadline moved to March 14, sparking mixed reactions. Cardano (ADA) hit $1.14 after Trump backed a crypto reserve but dropped to $0.81 due to market crashes after certain trade tariffs came into effect. Bitcoin (BTC) fell…

Australia’s government is not currently considering a strategic crypto reserve, despite US President Donald Trump announcing the effort in the United States just days earlier.   US President Donald Trump announced on March 2 that the President’s Working Group on Digital Assets was directed to include XRP (XRP), Solana (SOL), Cardano (ADA), Bitcoin (BTC) and Ether…