Former NY Fed President Bill Dudley cautions that creating a federal Bitcoin reserve could strain public finances, drive up inflation, and provide limited benefits to most Americans. He highlights Bitcoin’s volatility, capped supply, and economic risks, urging policymakers to focus on regulation instead.
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Category: Cryptocurrencies
Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years
The Czech Republic has approved a capital gains tax exemption for Bitcoin held for over three years, aligning its taxation with traditional financial instruments and encouraging long-term investments in the cryptocurrency market starting January 1, 2025.
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$10 DOGE Price Boom? Whales Accumulate in Jaw-Dropping Numbers
The DOGE price has jumped by 9% in the past 24 hours, with whales accumulating the token again as the whole market enters a fresh growth spurt today.
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Trump Could Sanction Stablecoin Issuers, Russian Expert Warns
US President-elect Donald Trump could sanction stablecoin issuers when he takes office next month, a Russian expert has warned.
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Trump Appoints PayPal Veteran David Sacks as ‘White House AI and Crypto Czar’
President-elect Donald Trump named David Sacks as “AI and crypto czar” to shape a legal framework for crypto.
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Spot Ether ETFs See Record $428 M in Inflows Amid 9-Day Winning Streak
Spot Ether exchange-traded funds (ETFs) in the United States recorded their largest single-day inflow on December 5.
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Australia Tightens Grip on Crypto ATMs with New Task Force Initiative
Australia’s financial crime regulator launched a task force to prevent crypto ATMs from enabling scams or fraud.
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BlackRock and MARA Holdings Acquire Over 9k Bitcoin Amid Price Dip Below $93k
Bitcoin’s price dip to $92,957 on December 5 spurred major acquisitions by BlackRock and MARA Holdings, who collectively purchased 9,173 Bitcoin.
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Pudgy Penguins to Launch New Token Called PENGU
The non-fungible token (NFT) collection Pudgy Penguins announced it is set to launch a new token, PENGU, on the Solana blockchain by the end of the year.
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The Sandbox and GALA Are Climbing Fast – Is This the Last Chance Before ATH?
Is GameFi making a comeback? The Sandbox (SAND) and Gala Games (GALA) are flipping bullish, with SAND price up +56% week-on-week. In this article, jump into the latest GameFi price trends, and uncover whether there could be hotter opportunities in the meme coin market. The GameFi sector is thriving, with the combined market cap of […]
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