Crypto

Increasing US regulatory clarity is enabling more traditional finance participants to seek out decentralized financial solutions. US Senator Cynthia Lummis submitted a draft bill on Thursday proposing to exempt certain crypto transactions from taxation and defer taxes on mining and staking rewards until the underlying tokens are sold. “My legislation ensures Americans can participate in the digital economy without inadvertent tax violations,”  said Lummis. The senator’s draft bill was published three weeks after the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passed the Senate in a 68–30 vote on June 11, Cointelegraph reported.  Read more

Bitcoin Cash has shed 7.8% this week, reversing part of June’s 20% surge. Futures open interest has expanded 24% and trading volume has doubled, yet on-chain activity has declined to 2018 levels. With RSI bearish and $400 acting as key support, the rally risks fading unless network usage improves. The post Bitcoin Cash Futures Jump 24% as Active Addresses Hit Six-Year Low – Risk Ahead? appeared first on Cryptonews.

Sweden's Minister of Justice has called on the authorities to make greater use of forfeiture legislation to seize cryptocurrency.

PEPE has swung 16.5%, last at $0.0000089, as the top 100 wallets have lifted holdings 3.95% to 303.21T tokens and exchange balances have eased 2.97%. Such accumulation has often preceded rebounds, yet tariff headwinds and a bearish MACD keep $0.00000094 support in view. The post PEPE Whales Accumulate Amid Market Volatility: Is a 200x Rally Coming? appeared first on Cryptonews.

In an exclusive interview with Cointelegraph, Ethereum Foundation Co-Executive Director Tomasz Stanczak shares rare insights on Ethereum’s future and challenges. As Ethereum marks its 10th anniversary, the platform finds itself at a critical point in its journey. In an exclusive interview with Cointelegraph, Tomasz Stanczak, co-executive director of the Ethereum Foundation, discusses the shifting landscape of blockchain technology — and what’s next for Ethereum. During the interview, Stanczak addresses the growing competition from newer blockchains such as Solana, Aptos and others. While critics argue that Ethereum is lagging behind in terms of speed and user experience, Stanczak makes clear that the foundation has been focused on long-term priorities and careful progress, even amid outside noise. He also shares his perspective on Ethereum’s evolving ecosystem, particularly the increasingly important relationship between layer-1 and layer-2 solutions. According to Stanczak, the focus is now on interoperabilit...

The community proposal aims to transition the protocol from closed governance to a more open, decentralized finance-oriented model. World Liberty Financial (WLFI), a decentralized finance protocol co-founded by US President Donald Trump's family, initiated a community proposal to make the WLFI governance token transferable and tradable across the crypto ecosystem. The proposal is part of the project's roadmap to transition to an "open participation" model by allowing the token to trade on secondary markets, including decentralized exchanges and peer-to-peer networks. Currently, the WLFI token exists in a closed system and cannot trade outside the platform, limiting the governance pool and price discovery. Read more

Two 14-year-old Bitcoin wallets shifted 20,000 BTC in rare transactions.

After amassing millions of social followers, Ethereum NFT project Chimpers is expanding into the physical world with plush collectibles.

The decentralized finance platform is one of several entrants in the crowded tokenized real-world assets market, which is projected to be worth a few trillion dollars by 2030. 

Despite the launch of a NEAR ETP, the token faces significant selling pressure amid broader market uncertainty.

A Bitcoin wallet that had been dormant for over 14 years suddenly came back to life this week, transferring all 10,000 BTC now worth $1.09 billion, representing a staggering 140,000x return that transforms a modest $7,800 investment from April 2011 into a billion-dollar fortune. The post Early Bitcoin Buyer Turns $7,800 into $1 Billion – Here’s What Happened appeared first on Cryptonews.

Here's why the SHIB Army shouldn't celebrate the news.

A 2-day, 207 Billion SHIB whale move has speculators tuning back into Shiba inu after 5 months of consolidation—big players are changing their behavior. The post Shiba Inu Price Prediction – Mystery Wallet Pulls 111 Billion SHIB From Coinbase: Here’s What Holders Need to Know  appeared first on Cryptonews.

A bullish pattern on the DOGE chart points to a potential price recovery to $0.25. Key takeaways: DOGE formed a double bottom and broke through the lower time frame trendline, signaling a possible move to $0.25. Memecoins have been the best-performing narrative sector over the past 90 days. Read more

The sudden movements of the crypto fortune left analysts befuddled.

Ondo has acquired Oasis Pro, a FINRA member and SEC-registered broker-dealer. DeFi protocol Ondo Finance has completed the acquisition of Oasis Pro, an infrastructure provider for real-world assets (RWAs), in a move the company said would strengthen its tokenized security offerings in the United States.  Oasis Pro is a broker-dealer, Alternative Trading System (ATS) and Transfer Agent (TA) registered with the US Securities and Exchange Commission (SEC). The acquisition gives Ondo Finance a key foothold in the regulated tokenized securities market, the company said in a statement on Friday. Ondo Finance declined to disclose the financial terms of the deal but confirmed that Oasis Pro CEO Pat LaVecchia will join Ondo as part of the acquisition. Read more

The study outlines a viable system design for a Canadian digital dollar with high privacy and speed.

EthCC has showcased crypto’s breadth in Cannes. Robinhood’s 300-guest château event has added EU access to US stock tokens and new Ethereum and Solana staking, Stellar’s Stable House has examined stablecoin-based DeFi, and Binance has met Cannes’ mayor to promote crypto payments across the Riviera.   The post Ethereum and Beyond: EthCC Side Events Focus on Mainstream Adoption, Stablecoins and Beach Swag appeared first on Cryptonews.

While it’s not built for real-time calls, ChatGPT can still support smarter Bitcoin trading decisions when paired with the right data and well-crafted prompts. ChatGPT is a generative AI model developed by OpenAI, built on the GPT‑4 architecture. It’s designed to generate human-like responses across a wide range of topics, using knowledge drawn from an enormous training set of text, books, code and online content. When it comes to cryptocurrency, ChatGPT doesn’t have real-time access to Bitcoin (BTC) price feeds or live market charts, but that doesn’t mean it’s useless for traders. With the right inputs — historical price data, sentiment indicators and technical metrics — ChatGPT becomes a powerful analytical tool.  Read more

BONK rallies on ETF speculation and nears 1M holders, setting up a 1T token burn that could tighten supply and boost prices further.