Just another WordPress site
United States President Donald Trump has exempted an array of tech products including, smartphones, chips, computers, and select electronics from tariffs, giving the tech industry a much-needed respite from trade pressures. According to the US Customs and Border Protection, storage cards, modems, diodes, semiconductors, and other electronics were also excluded from the ongoing trade tariffs. …
Continue reading “Trump exempts select tech products from tariffs, crypto to benefit?”
Opinion by: Jack Lu, CEO of BounceBit For years, crypto has promised a more open and efficient financial system. A fundamental inefficiency remains: the disconnect between US capital markets and Asia’s liquidity hubs. The United States dominates capital formation, and its recent embrace of tokenized treasuries and real-world assets signals a significant step toward blockchain-based …
Continue reading “Asia holds crypto liquidity, but US Treasurys will unlock institutional funds”
Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ). In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against …
Continue reading “CZ claps back against ‘baseless’ US plea deal allegations”
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large cryptocurrency investor, sold a CryptoPunk NFT for 4,000 Ether (ETH) worth more than $6 million at the time of writing. The investor originally purchased the …
Continue reading “NFT trader sells CryptoPunk after a year for nearly $10M loss”
Bitcoin remains on track to surpass $1.8 million by 2035 despite recent price corrections and waning investor appetite caused by ongoing global trade tensions, according to Joe Burnett, director of market research at Unchained. Speaking during Cointelegraph’s Chainreaction live show on X, Burnett said that Bitcoin is still in a long-term bullish cycle and could …
Continue reading “Bitcoin still on track for $1.8M in 2035, says analyst”
Key takeawaysLottery mining is cheap and fun, but don’t count on hitting a block.Solo ASIC mining gives you complete control, but it’s a long-odds game.Pool mining is the most practical way to earn steady payouts at home.Cloud mining saves you the hassle but usually isn’t worth the cost. Bitcoin is rapidly gaining legitimacy, and you …
The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle. “Since the Court stayed this case, the Parties have been in productive discussions, including discussions concerning how the efforts of the crypto task force may impact the …
Continue reading “SEC and Binance push for another pause in lawsuit after 'productive' talks”
Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao, following reports alleging that Zhao provided evidence against him as part of his plea deal with the US Department of Justice (DoJ). “I’m not aware of the circulating rumors. CZ is both my mentor and a close …
Continue reading “Justin Sun 'not aware' of circulating reports about CZ plea deal”
A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States …
Continue reading “US crypto industry needs band-aid now, 'long-term solution' later — Uyeda”
Draft legislation in the US Senate threatens to hit data centers serving blockchain networks and artificial intelligence models with fees if they exceed federal emissions targets, according to an April 11 Bloomberg report. Led by Senate Democrats Sheldon Whitehouse and John Fetterman, the draft bill purportedly aims to address environmental impacts from rising energy demand …
Continue reading “US Senate bill threatens crypto, AI data centers with fees — Report”
